CRLVX vs. FAOSX

Last updated Jun 4, 2026

CRLVX (Catholic Responsible Investments International Equity Fund) and FAOSX (Fidelity Advisor Overseas Fund Class Z) are both Foreign Large Cap Equities funds. Over the past 3 years, CRLVX returned 16.91%/yr vs 8.88%/yr for FAOSX. Their correlation of 0.83 suggests significant overlap in exposure. CRLVX charges 0.97%/yr vs 1.02%/yr for FAOSX.

Performance

CRLVX vs. FAOSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Catholic Responsible Investments International Equity Fund (CRLVX) and Fidelity Advisor Overseas Fund Class Z (FAOSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CRLVX

• 1D: 0.64%
• 1M: 6.67%
• YTD: 12.83%
• 6M: 15.28%
• 1Y: 23.97%
• 3Y*: 16.91%
• 5Y*: —
• 10Y*: —

FAOSX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.00%
• 1Y: -1.63%
• 3Y*: 8.88%
• 5Y*: 3.79%
• 10Y*: —

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

CRLVX vs. FAOSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
CRLVX Catholic Responsible Investments International Equity Fund	12.83%	26.14%	6.37%	19.83%	-16.66%
FAOSX Fidelity Advisor Overseas Fund Class Z	0.00%	15.36%	5.06%	20.52%	-15.06%

Correlation

The correlation between CRLVX and FAOSX is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (All Time) Calculated using the full available price history since Jan 27, 2022	0.83

Over the past year, the correlation between CRLVX and FAOSX has dropped to 0.53 - well below their long-term average of 0.83, suggesting their price drivers have been diverging.

Return for Risk

CRLVX vs. FAOSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CRLVX

CRLVX Risk / Return Rank: 25
CRLVX Sharpe Ratio Rank: 25
CRLVX Sortino Ratio Rank: 25
CRLVX Omega Ratio Rank: 26
CRLVX Calmar Ratio Rank: 22
CRLVX Martin Ratio Rank: 29

FAOSX

FAOSX Risk / Return Rank: 1
FAOSX Sharpe Ratio Rank: 2
FAOSX Sortino Ratio Rank: 2
FAOSX Omega Ratio Rank: 1
FAOSX Calmar Ratio Rank: 1
FAOSX Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CRLVX vs. FAOSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Catholic Responsible Investments International Equity Fund (CRLVX) and Fidelity Advisor Overseas Fund Class Z (FAOSX). 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.

	CRLVX	FAOSX	Difference
Sharpe ratio: Return per unit of total volatility	1.44	-0.27	+1.71
Sortino ratio: Return per unit of downside risk	2.09	-0.31	+2.40
Omega ratio: Gain probability vs. loss probability	1.27	0.95	+0.32
Calmar ratio: Return relative to maximum drawdown	1.72	-0.34	+2.06
Martin ratio: Return relative to average drawdown	6.70	-0.59	+7.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CRLVX vs. FAOSX - Sharpe Ratio Comparison

The current CRLVX Sharpe Ratio is 1.44, which is higher than the FAOSX Sharpe Ratio of -0.27. The chart below compares the historical Sharpe Ratios of CRLVX and FAOSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CRLVX	FAOSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	-0.27	+1.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.50	+0.05

Drawdowns

CRLVX vs. FAOSX - Drawdown Comparison

The maximum CRLVX drawdown since its inception was -30.57%, smaller than the maximum FAOSX drawdown of -36.24%. Use the drawdown chart below to compare losses from any high point for CRLVX and FAOSX.

Drawdown Indicators

	CRLVX	FAOSX	Difference
Max Drawdown Largest peak-to-trough decline	-30.57%	-36.24%	+5.67%
Max Drawdown (1Y) Largest decline over 1 year	-13.94%	-7.26%	-6.68%
Max Drawdown (3Y) Largest decline over 3 years	-15.81%	-13.96%	-1.85%
Max Drawdown (5Y) Largest decline over 5 years	—	-36.24%	—
Current Drawdown Current decline from peak	0.00%	-5.86%	+5.86%
Average Drawdown Average peak-to-trough decline	-7.74%	-7.93%	+0.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.57%	3.97%	-0.40%

Volatility

CRLVX vs. FAOSX - Volatility Comparison

Catholic Responsible Investments International Equity Fund (CRLVX) has a higher volatility of 5.76% compared to Fidelity Advisor Overseas Fund Class Z (FAOSX) at 0.00%. This indicates that CRLVX's price experiences larger fluctuations and is considered to be riskier than FAOSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CRLVX	FAOSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.76%	0.00%	+5.76%
Volatility (6M) Calculated over the trailing 6-month period	14.02%	4.08%	+9.94%
Volatility (1Y) Calculated over the trailing 1-year period	16.63%	9.18%	+7.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.30%	16.72%	+1.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.30%	16.68%	+1.62%

CRLVX vs. FAOSX - Expense Ratio Comparison

CRLVX has a 0.97% expense ratio, which is lower than FAOSX's 1.02% expense ratio.

Dividends

CRLVX vs. FAOSX - Dividend Comparison

CRLVX's dividend yield for the trailing twelve months is around 4.20%, less than FAOSX's 8.67% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
CRLVX Catholic Responsible Investments International Equity Fund	4.20%	4.76%	8.33%	1.56%	1.53%	0.00%	0.00%	0.00%	0.00%	0.00%
FAOSX Fidelity Advisor Overseas Fund Class Z	8.67%	8.67%	1.80%	1.12%	0.85%	2.07%	0.00%	1.70%	5.30%	3.93%

Frequently Asked Questions

Can I hold both CRLVX and FAOSX in my portfolio?

CRLVX and FAOSX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CRLVX or FAOSX?

CRLVX has higher volatility (5.76%) compared to FAOSX (0.00%). In terms of maximum drawdown, CRLVX dropped -30.57% vs FAOSX's -36.24%.

Which has better risk-adjusted returns?

CRLVX currently has the higher Sharpe Ratio (1.44 vs -0.27), 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.