AVDEX vs. FAERX
AVDEX (Avantis International Equity Fund) and FAERX (Fidelity Advisor Overseas Fund Class M) are both Foreign Large Cap Equities funds. Over the past 5 years, AVDEX returned 10.55%/yr vs 2.04%/yr for FAERX. Their correlation of 0.87 means they have usually moved in the same direction. AVDEX charges 0.23%/yr vs 1.65%/yr for FAERX.
Performance
AVDEX vs. FAERX - Performance Comparison
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Returns By Period
AVDEX
- 1D
- 0.63%
- 1M
- 2.34%
- 6M
- 6.05%
- YTD
- 13.24%
- 1Y
- 27.23%
- 3Y*
- 19.82%
- 5Y*
- 10.55%
- 10Y*
- —
- ALL TIME*
- 11.69%
FAERX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- -1.93%
- 3Y*
- 8.48%
- 5Y*
- 2.04%
- 10Y*
- 7.13%
- ALL TIME*
- 5.57%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
AVDEX vs. FAERX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AVDEX Avantis International Equity Fund | 13.24% | 37.35% | 4.89% | 16.99% | -13.90% | 13.37% | 8.21% | 3.61% |
FAERX Fidelity Advisor Overseas Fund Class M | 0.00% | 14.70% | 4.40% | 19.78% | -24.77% | 18.63% | 14.43% | 4.72% |
Correlation
The correlation between AVDEX and FAERX is 0.43, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.43 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.85 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2019 | 0.87 |
Over the past year, the correlation between AVDEX and FAERX has dropped to 0.43 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.
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Return for Risk
AVDEX vs. FAERX — Risk / Return Rank
AVDEX
FAERX
AVDEX vs. FAERX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis International Equity Fund (AVDEX) and Fidelity Advisor Overseas Fund Class M (FAERX). 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.
| AVDEX | FAERX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.99 | ||
| Sortino ratioReturn per unit of downside risk | +2.73 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 0.99 | +0.35 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | -0.07 | +2.57 |
| Martin ratioReturn relative to average drawdown | 9.69 | -0.10 | +9.80 |
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Drawdowns
AVDEX vs. FAERX - Drawdown Comparison
The maximum AVDEX drawdown since its inception was -36.28%, smaller than the maximum FAERX drawdown of -60.14%. Use the drawdown chart below to compare losses from any high point for AVDEX and FAERX.
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Drawdown Indicators
| AVDEX | FAERX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.28% | -60.14% | +23.86% |
Max Drawdown (1Y)Largest decline over 1 year | -11.58% | -7.29% | -4.29% |
Max Drawdown (3Y)Largest decline over 3 years | -13.04% | -14.00% | +0.96% |
Max Drawdown (5Y)Largest decline over 5 years | -28.73% | -36.62% | +7.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.62% | — |
Current DrawdownCurrent decline from peak | -0.23% | -5.89% | +5.66% |
Average DrawdownAverage peak-to-trough decline | -6.24% | -14.34% | +8.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.98% | 4.54% | -1.56% |
Volatility
AVDEX vs. FAERX - Volatility Comparison
Avantis International Equity Fund (AVDEX) has a higher volatility of 4.42% compared to Fidelity Advisor Overseas Fund Class M (FAERX) at 0.00%. This indicates that AVDEX's price experiences larger fluctuations and is considered to be riskier than FAERX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVDEX | FAERX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.42% | 0.00% | +4.42% |
Volatility (6M)Calculated over the trailing 6-month period | 12.86% | 0.00% | +12.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.09% | 7.54% | +7.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.06% | 16.66% | -0.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.56% | 16.29% | +2.27% |
AVDEX vs. FAERX - Expense Ratio Comparison
AVDEX has a 0.23% expense ratio, which is lower than FAERX's 1.65% expense ratio.
Dividends
AVDEX vs. FAERX - Dividend Comparison
AVDEX's dividend yield for the trailing twelve months is around 2.81%, less than FAERX's 7.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVDEX Avantis International Equity Fund | 2.81% | 3.19% | 3.67% | 3.17% | 2.22% | 3.46% | 1.67% | 0.10% | 0.00% | 0.00% | 0.00% | 0.00% |
FAERX Fidelity Advisor Overseas Fund Class M | 7.94% | 7.94% | 0.96% | 0.51% | 0.12% | 2.07% | 0.00% | 1.15% | 4.25% | 3.35% | 0.80% | 0.09% |
Frequently Asked Questions
AVDEX and FAERX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVDEX has higher volatility (4.42%) compared to FAERX (0.00%). In terms of maximum drawdown, AVDEX dropped -36.28% vs FAERX's -60.14%.
AVDEX currently has the higher Sharpe Ratio (1.92 vs -0.07), 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.
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