COSSX vs. FAOAX
COSSX (Columbia Overseas Value Fund Institutional 2 Class) and FAOAX (Fidelity Advisor Overseas Fund Class A) are both Foreign Large Cap Equities funds. Over the past 10 years, COSSX returned 10.70%/yr vs 7.60%/yr for FAOAX. Their correlation of 0.82 suggests significant overlap in exposure. COSSX charges 0.82%/yr vs 1.43%/yr for FAOAX.
Performance
COSSX vs. FAOAX - Performance Comparison
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Returns By Period
Over the past 10 years, COSSX has outperformed FAOAX with an annualized return of 10.70%, while FAOAX has yielded a comparatively lower 7.60% annualized return.
COSSX
- 1D
- 0.77%
- 1M
- -0.09%
- 6M
- 3.95%
- YTD
- 7.49%
- 1Y
- 24.07%
- 3Y*
- 20.29%
- 5Y*
- 12.93%
- 10Y*
- 10.70%
FAOAX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- -2.55%
- 3Y*
- 7.44%
- 5Y*
- 2.88%
- 10Y*
- 7.60%
COSSX vs. FAOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
COSSX Columbia Overseas Value Fund Institutional 2 Class | 7.49% | 45.91% | 4.82% | 16.13% | -5.96% | 10.94% | 0.02% | 22.51% | -16.69% | 27.83% |
FAOAX Fidelity Advisor Overseas Fund Class A | 0.00% | 14.93% | 4.63% | 20.01% | -24.61% | 18.90% | 14.71% | 27.39% | -15.10% | 29.66% |
Correlation
The correlation between COSSX and FAOAX is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.71 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.82 |
Over the past year, the correlation between COSSX and FAOAX has dropped to 0.44 - well below their long-term average of 0.82, suggesting their price drivers have been diverging.
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Return for Risk
COSSX vs. FAOAX — Risk / Return Rank
COSSX
FAOAX
COSSX vs. FAOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Overseas Value Fund Institutional 2 Class (COSSX) and Fidelity Advisor Overseas Fund Class A (FAOAX). 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.
| COSSX | FAOAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.18 | ||
| Sortino ratioReturn per unit of downside risk | +3.00 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 0.91 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | -0.49 | +2.59 |
| Martin ratioReturn relative to average drawdown | 6.27 | -0.76 | +7.03 |
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Drawdowns
COSSX vs. FAOAX - Drawdown Comparison
The maximum COSSX drawdown since its inception was -43.24%, smaller than the maximum FAOAX drawdown of -60.03%. Use the drawdown chart below to compare losses from any high point for COSSX and FAOAX.
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Drawdown Indicators
| COSSX | FAOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.24% | -60.03% | +16.79% |
Max Drawdown (1Y)Largest decline over 1 year | -11.78% | -7.29% | -4.49% |
Max Drawdown (3Y)Largest decline over 3 years | -13.34% | -13.99% | +0.65% |
Max Drawdown (5Y)Largest decline over 5 years | -25.76% | -36.50% | +10.74% |
Max Drawdown (10Y)Largest decline over 10 years | -43.24% | -36.50% | -6.74% |
Current DrawdownCurrent decline from peak | -4.50% | -5.87% | +1.37% |
Average DrawdownAverage peak-to-trough decline | -7.11% | -14.53% | +7.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.94% | 4.33% | -0.39% |
Volatility
COSSX vs. FAOAX - Volatility Comparison
Columbia Overseas Value Fund Institutional 2 Class (COSSX) has a higher volatility of 3.79% compared to Fidelity Advisor Overseas Fund Class A (FAOAX) at 0.00%. This indicates that COSSX's price experiences larger fluctuations and is considered to be riskier than FAOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| COSSX | FAOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.79% | 0.00% | +3.79% |
Volatility (6M)Calculated over the trailing 6-month period | 11.67% | 2.61% | +9.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.17% | 8.28% | +5.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.83% | 16.69% | -0.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.98% | 16.29% | +0.69% |
COSSX vs. FAOAX - Expense Ratio Comparison
COSSX has a 0.82% expense ratio, which is lower than FAOAX's 1.43% expense ratio.
Dividends
COSSX vs. FAOAX - Dividend Comparison
COSSX's dividend yield for the trailing twelve months is around 12.74%, more than FAOAX's 8.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COSSX Columbia Overseas Value Fund Institutional 2 Class | 12.74% | 8.03% | 5.51% | 4.07% | 1.96% | 3.70% | 1.78% | 3.95% | 3.72% | 1.72% | 2.18% | 0.00% |
FAOAX Fidelity Advisor Overseas Fund Class A | 8.54% | 8.54% | 1.33% | 0.74% | 0.38% | 2.12% | 0.00% | 1.37% | 4.64% | 3.64% | 1.75% | 0.38% |
Frequently Asked Questions
COSSX and FAOAX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COSSX has higher volatility (3.79%) compared to FAOAX (0.00%). In terms of maximum drawdown, COSSX dropped -43.24% vs FAOAX's -60.03%.
COSSX currently has the higher Sharpe Ratio (1.75 vs -0.43), 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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