APDKX vs. ARTKX

Last updated Aug 1, 2026

APDKX (Artisan International Value Fund Advisor Class) and ARTKX (Artisan International Value Fund) are both Foreign Large Cap Equities funds from Artisan. Over the past 10 years, APDKX returned 11.07%/yr vs 11.23%/yr for ARTKX. Their 1.00 correlation means they have historically moved very closely together. APDKX charges 1.06%/yr vs 1.25%/yr for ARTKX.

Performance

APDKX vs. ARTKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Artisan International Value Fund Advisor Class (APDKX) and Artisan International Value Fund (ARTKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with APDKX having a 15.82% return and ARTKX slightly lower at 15.72%. Both investments have delivered pretty close results over the past 10 years, with APDKX having a 11.07% annualized return and ARTKX not far ahead at 11.23%.

APDKX

• 1D: 0.92%
• 1M: 2.01%
• 6M: 12.17%
• YTD: 15.82%
• 1Y: 27.20%
• 3Y*: 16.90%
• 5Y*: 11.91%
• 10Y*: 11.07%
• ALL TIME*: 10.90%

ARTKX

• 1D: 0.93%
• 1M: 2.00%
• 6M: 12.12%
• YTD: 15.72%
• 1Y: 27.03%
• 3Y*: 16.73%
• 5Y*: 11.75%
• 10Y*: 11.23%
• ALL TIME*: 12.19%

*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)
APDKX Artisan International Value Fund Advisor Class	$0.00	$0.00	$0.00
ARTKX Artisan International Value Fund	$0.00	$0.00	$0.00

APDKX vs. ARTKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
APDKX Artisan International Value Fund Advisor Class	15.82%	22.69%	6.55%	22.81%	-6.85%	16.83%	8.70%	24.12%	-15.56%	20.50%
ARTKX Artisan International Value Fund	15.72%	22.54%	6.38%	22.65%	-6.98%	16.66%	8.52%	23.98%	-15.70%	23.84%

Correlation

The correlation between APDKX and ARTKX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	1.00
Correlation (3Y) Balances recent behavior with more history.	1.00
Correlation (5Y) Shows whether the relationship held over a longer period.	1.00
Correlation (10Y) Provides a long-term view across more market conditions.	1.00
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	1.00

The correlation between APDKX and ARTKX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

APDKX vs. ARTKX — Risk / Return Rank

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

APDKX

APDKX Risk / Return Rank: 78
APDKX Sharpe Ratio Rank: 78
APDKX Sortino Ratio Rank: 78
APDKX Omega Ratio Rank: 80
APDKX Calmar Ratio Rank: 79
APDKX Martin Ratio Rank: 72

ARTKX

ARTKX Risk / Return Rank: 78
ARTKX Sharpe Ratio Rank: 79
ARTKX Sortino Ratio Rank: 79
ARTKX Omega Ratio Rank: 81
ARTKX Calmar Ratio Rank: 80
ARTKX Martin Ratio Rank: 73

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.

APDKX vs. ARTKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Artisan International Value Fund Advisor Class (APDKX) and Artisan International Value Fund (ARTKX). 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.

	APDKX	ARTKX	Difference
Sharpe ratio: Return per unit of total volatility	1.84	1.83	+0.01
Sortino ratio: Return per unit of downside risk	2.70	2.68	+0.01
Omega ratio: Gain probability vs. loss probability	1.37	1.37	0.00
Calmar ratio: Return relative to maximum drawdown	2.61	2.59	+0.02
Martin ratio: Return relative to average drawdown	8.82	8.74	+0.08

APDKX vs. ARTKX - Sharpe Ratio Comparison

The current APDKX Sharpe Ratio is 1.84, which is comparable to the ARTKX Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of APDKX and ARTKX, 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

APDKX vs. ARTKX - Drawdown Comparison

The maximum APDKX drawdown since its inception was -38.09%, smaller than the maximum ARTKX drawdown of -51.90%. Use the drawdown chart below to compare losses from any high point for APDKX and ARTKX.

Drawdown Indicators

	APDKX	ARTKX	Difference
Max Drawdown Largest peak-to-trough decline	-38.09%	-51.90%	+13.81%
Max Drawdown (1Y) Largest decline over 1 year	-9.95%	-9.96%	+0.01%
Max Drawdown (3Y) Largest decline over 3 years	-10.88%	-10.88%	0.00%
Max Drawdown (5Y) Largest decline over 5 years	-24.88%	-24.95%	+0.07%
Max Drawdown (10Y) Largest decline over 10 years	-38.09%	-38.11%	+0.02%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.33%	-6.69%	+1.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	2.95%	-0.01%

Volatility

APDKX vs. ARTKX - Volatility Comparison

Artisan International Value Fund Advisor Class (APDKX) and Artisan International Value Fund (ARTKX) have volatilities of 3.25% and 3.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	APDKX	ARTKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.25%	3.26%	-0.01%
Volatility (6M) Calculated over the trailing 6-month period	10.28%	10.28%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	14.11%	14.11%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.97%	13.97%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.88%	15.88%	0.00%

APDKX vs. ARTKX - Expense Ratio Comparison

APDKX has a 1.06% expense ratio, which is lower than ARTKX's 1.25% expense ratio.

Dividends

APDKX vs. ARTKX - Dividend Comparison

APDKX's dividend yield for the trailing twelve months is around 6.21%, more than ARTKX's 6.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
APDKX Artisan International Value Fund Advisor Class	6.21%	7.05%	4.26%	3.02%	2.23%	9.92%	0.91%	3.83%	5.61%	1.25%	3.27%	0.00%
ARTKX Artisan International Value Fund	6.06%	6.90%	4.10%	2.84%	2.11%	9.72%	0.84%	3.64%	5.37%	3.89%	3.11%	6.17%

Frequently Asked Questions

Can I hold both APDKX and ARTKX in my portfolio?

With a correlation of 1.00, APDKX and ARTKX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, APDKX or ARTKX?

ARTKX has higher volatility (3.26%) compared to APDKX (3.25%). In terms of maximum drawdown, APDKX dropped -38.09% vs ARTKX's -51.90%.

Which has better risk-adjusted returns?

APDKX currently has the higher Sharpe Ratio (1.84 vs 1.83), 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.