BBHLX vs. FAOIX
BBHLX (BBH Partner Fund - International Equity) and FAOIX (Fidelity Advisor Overseas Fund Class I) are both Foreign Large Cap Equities funds. Over the past 10 years, BBHLX returned 9.39%/yr vs 7.58%/yr for FAOIX. A 0.76 correlation means they provide meaningful diversification when combined. BBHLX charges 0.68%/yr vs 1.12%/yr for FAOIX.
Performance
BBHLX vs. FAOIX - Performance Comparison
Loading charts...
Returns By Period
Over the past 10 years, BBHLX has outperformed FAOIX with an annualized return of 9.39%, while FAOIX has yielded a comparatively lower 7.58% annualized return.
BBHLX
- 1D
- -0.52%
- 1M
- 3.83%
- YTD
- 10.81%
- 6M
- 10.81%
- 1Y
- 19.86%
- 3Y*
- 16.60%
- 5Y*
- 4.69%
- 10Y*
- 9.39%
FAOIX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- -0.58%
- 3Y*
- 7.90%
- 5Y*
- 3.78%
- 10Y*
- 7.58%
BBHLX vs. FAOIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BBHLX BBH Partner Fund - International Equity | 10.81% | 26.19% | 7.97% | 14.37% | -24.22% | 1.76% | 24.07% | 30.02% | -9.65% | 20.49% |
FAOIX Fidelity Advisor Overseas Fund Class I | 0.00% | 15.25% | 4.92% | 20.35% | -24.38% | 19.23% | 15.08% | 27.82% | -14.85% | 30.05% |
Correlation
The correlation between BBHLX and FAOIX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Apr 3, 1995 | 0.76 |
Over the past year, the correlation between BBHLX and FAOIX has dropped to 0.49 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BBHLX vs. FAOIX — Risk / Return Rank
BBHLX
FAOIX
BBHLX vs. FAOIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BBH Partner Fund - International Equity (BBHLX) and Fidelity Advisor Overseas Fund Class I (FAOIX). 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.
| BBHLX | FAOIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.26 | ||
| Sortino ratioReturn per unit of downside risk | +1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.00 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | -0.06 | +1.70 |
| Martin ratioReturn relative to average drawdown | 5.80 | -0.10 | +5.90 |
Loading charts...
Drawdowns
BBHLX vs. FAOIX - Drawdown Comparison
The maximum BBHLX drawdown since its inception was -53.11%, smaller than the maximum FAOIX drawdown of -59.86%. Use the drawdown chart below to compare losses from any high point for BBHLX and FAOIX.
Loading charts...
Drawdown Indicators
| BBHLX | FAOIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.11% | -59.86% | +6.75% |
Max Drawdown (1Y)Largest decline over 1 year | -12.34% | -7.28% | -5.06% |
Max Drawdown (3Y)Largest decline over 3 years | -16.89% | -13.98% | -2.91% |
Max Drawdown (5Y)Largest decline over 5 years | -40.57% | -36.33% | -4.24% |
Max Drawdown (10Y)Largest decline over 10 years | -40.57% | -36.33% | -4.24% |
Current DrawdownCurrent decline from peak | -0.52% | -5.85% | +5.33% |
Average DrawdownAverage peak-to-trough decline | -13.10% | -14.19% | +1.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.49% | 4.13% | -0.64% |
Volatility
BBHLX vs. FAOIX - Volatility Comparison
BBH Partner Fund - International Equity (BBHLX) has a higher volatility of 5.77% compared to Fidelity Advisor Overseas Fund Class I (FAOIX) at 0.00%. This indicates that BBHLX's price experiences larger fluctuations and is considered to be riskier than FAOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BBHLX | FAOIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.77% | 0.00% | +5.77% |
Volatility (6M)Calculated over the trailing 6-month period | 13.94% | 3.63% | +10.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.74% | 8.78% | +7.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.88% | 16.72% | +3.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.23% | 16.65% | +1.58% |
BBHLX vs. FAOIX - Expense Ratio Comparison
BBHLX has a 0.68% expense ratio, which is lower than FAOIX's 1.12% expense ratio.
Dividends
BBHLX vs. FAOIX - Dividend Comparison
BBHLX's dividend yield for the trailing twelve months is around 1.55%, less than FAOIX's 8.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBHLX BBH Partner Fund - International Equity | 1.55% | 1.72% | 0.96% | 0.89% | 0.49% | 12.97% | 2.79% | 1.63% | 7.98% | 7.98% | 1.98% | 2.03% |
FAOIX Fidelity Advisor Overseas Fund Class I | 8.49% | 8.49% | 1.66% | 0.96% | 0.63% | 2.06% | 0.00% | 1.35% | 5.09% | 3.79% | 1.49% | 0.63% |
Frequently Asked Questions
BBHLX and FAOIX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BBHLX has higher volatility (5.77%) compared to FAOIX (0.00%). In terms of maximum drawdown, BBHLX dropped -53.11% vs FAOIX's -59.86%.
BBHLX currently has the higher Sharpe Ratio (1.21 vs -0.05), 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.
Find the right allocation for BBHLX and FAOIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer