ADVLX vs. FSTSX

Last updated Aug 1, 2026

ADVLX (Vaughan Nelson International Fund) and FSTSX (Fidelity Series International Small Cap Fund) are both Foreign Small & Mid Cap Equities funds. Over the past 10 years, ADVLX returned 8.95%/yr vs 9.96%/yr for FSTSX. Their correlation of 0.85 means they have usually moved in the same direction. ADVLX charges 0.99%/yr vs 0.03%/yr for FSTSX.

Performance

ADVLX vs. FSTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vaughan Nelson International Fund (ADVLX) and Fidelity Series International Small Cap Fund (FSTSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ADVLX achieves a 6.99% return, which is significantly higher than FSTSX's 6.54% return. Over the past 10 years, ADVLX has underperformed FSTSX with an annualized return of 8.95%, while FSTSX has yielded a comparatively higher 9.96% annualized return.

ADVLX

• 1D: 3.94%
• 1M: -3.21%
• 6M: -3.65%
• YTD: 6.99%
• 1Y: 25.90%
• 3Y*: 18.81%
• 5Y*: 4.86%
• 10Y*: 8.95%
• ALL TIME*: 6.92%

FSTSX

• 1D: 1.98%
• 1M: -0.05%
• 6M: 3.14%
• YTD: 6.54%
• 1Y: 11.87%
• 3Y*: 14.62%
• 5Y*: 5.38%
• 10Y*: 9.96%
• ALL TIME*: 9.53%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ADVLX Vaughan Nelson International Fund	$0.00	$0.00	$0.00
FSTSX Fidelity Series International Small Cap Fund	$0.00	$0.00	$0.00

ADVLX vs. FSTSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
ADVLX Vaughan Nelson International Fund	6.99%	49.91%	4.50%	2.73%	-26.24%	12.89%	15.65%	23.42%	-15.41%	29.58%
FSTSX Fidelity Series International Small Cap Fund	6.54%	27.49%	4.97%	18.36%	-26.25%	18.29%	19.61%	28.24%	-13.19%	34.44%

Correlation

The correlation between ADVLX and FSTSX is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.72
Correlation (3Y) Balances recent behavior with more history.	0.75
Correlation (5Y) Shows whether the relationship held over a longer period.	0.82
Correlation (10Y) Provides a long-term view across more market conditions.	0.84
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.85

The correlation between ADVLX and FSTSX shifts across timeframes, from 0.72 (1 year) to 0.85 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ADVLX vs. FSTSX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ADVLX

ADVLX Risk / Return Rank: 44
ADVLX Sharpe Ratio Rank: 42
ADVLX Sortino Ratio Rank: 44
ADVLX Omega Ratio Rank: 38
ADVLX Calmar Ratio Rank: 55
ADVLX Martin Ratio Rank: 43

FSTSX

FSTSX Risk / Return Rank: 26
FSTSX Sharpe Ratio Rank: 26
FSTSX Sortino Ratio Rank: 26
FSTSX Omega Ratio Rank: 26
FSTSX Calmar Ratio Rank: 25
FSTSX Martin Ratio Rank: 26

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ADVLX vs. FSTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vaughan Nelson International Fund (ADVLX) and Fidelity Series International Small Cap Fund (FSTSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ADVLX	FSTSX	Difference
Sharpe ratio: Return per unit of total volatility	1.27	0.87	+0.40
Sortino ratio: Return per unit of downside risk	1.88	1.31	+0.56
Omega ratio: Gain probability vs. loss probability	1.22	1.16	+0.06
Calmar ratio: Return relative to maximum drawdown	2.02	1.11	+0.91
Martin ratio: Return relative to average drawdown	6.40	3.57	+2.83

ADVLX vs. FSTSX - Sharpe Ratio Comparison

The current ADVLX Sharpe Ratio is 1.27, which is higher than the FSTSX Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of ADVLX and FSTSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ADVLX vs. FSTSX - Drawdown Comparison

The maximum ADVLX drawdown since its inception was -38.90%, roughly equal to the maximum FSTSX drawdown of -38.91%. Use the drawdown chart below to compare losses from any high point for ADVLX and FSTSX.

Drawdown Indicators

	ADVLX	FSTSX	Difference
Max Drawdown Largest peak-to-trough decline	-38.90%	-38.91%	+0.01%
Max Drawdown (1Y) Largest decline over 1 year	-12.60%	-11.22%	-1.38%
Max Drawdown (3Y) Largest decline over 3 years	-13.50%	-12.48%	-1.02%
Max Drawdown (5Y) Largest decline over 5 years	-38.90%	-38.91%	+0.01%
Max Drawdown (10Y) Largest decline over 10 years	-38.90%	-38.91%	+0.01%
Current Drawdown Current decline from peak	-7.89%	-2.16%	-5.73%
Average Drawdown Average peak-to-trough decline	-11.99%	-7.85%	-4.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.95%	3.49%	+0.46%

Volatility

ADVLX vs. FSTSX - Volatility Comparison

Vaughan Nelson International Fund (ADVLX) has a higher volatility of 7.75% compared to Fidelity Series International Small Cap Fund (FSTSX) at 4.12%. This indicates that ADVLX's price experiences larger fluctuations and is considered to be riskier than FSTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ADVLX	FSTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.75%	4.12%	+3.63%
Volatility (6M) Calculated over the trailing 6-month period	16.30%	11.99%	+4.31%
Volatility (1Y) Calculated over the trailing 1-year period	20.05%	14.45%	+5.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.03%	16.52%	+2.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.45%	15.69%	+1.76%

ADVLX vs. FSTSX - Expense Ratio Comparison

ADVLX has a 0.99% expense ratio, which is higher than FSTSX's 0.03% expense ratio.

Dividends

ADVLX vs. FSTSX - Dividend Comparison

ADVLX's dividend yield for the trailing twelve months is around 0.81%, less than FSTSX's 14.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ADVLX Vaughan Nelson International Fund	0.81%	0.87%	1.59%	1.59%	1.38%	0.96%	0.83%	1.71%	2.15%	5.97%	1.30%	2.67%
FSTSX Fidelity Series International Small Cap Fund	14.30%	15.24%	10.22%	3.34%	6.38%	13.22%	0.81%	4.27%	10.99%	6.30%	4.01%	7.32%

Frequently Asked Questions

Can I hold both ADVLX and FSTSX in my portfolio?

ADVLX and FSTSX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ADVLX or FSTSX?

ADVLX has higher volatility (7.75%) compared to FSTSX (4.12%). In terms of maximum drawdown, ADVLX dropped -38.90% vs FSTSX's -38.91%.

Which has better risk-adjusted returns?

ADVLX currently has the higher Sharpe Ratio (1.27 vs 0.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.