FACNX vs. FAOSX
FACNX (Fidelity Advisor Canada Fund Class A) and FAOSX (Fidelity Advisor Overseas Fund Class Z) are both Foreign Large Cap Equities funds from Fidelity. Over the past 5 years, FACNX returned 10.83%/yr vs 2.86%/yr for FAOSX. Their 0.69 correlation means they have sometimes moved together and sometimes differently. FACNX charges 1.12%/yr vs 1.02%/yr for FAOSX.
Performance
FACNX vs. FAOSX - Performance Comparison
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Returns By Period
FACNX
- 1D
- -0.68%
- 1M
- 3.45%
- 6M
- 8.50%
- YTD
- 9.09%
- 1Y
- 19.78%
- 3Y*
- 15.81%
- 5Y*
- 10.83%
- 10Y*
- 10.11%
- ALL TIME*
- 5.97%
FAOSX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- -0.26%
- 3Y*
- 7.96%
- 5Y*
- 2.86%
- 10Y*
- —
- ALL TIME*
- 8.10%
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 |
FACNX vs. FAOSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FACNX Fidelity Advisor Canada Fund Class A | 9.09% | 25.49% | 8.83% | 14.33% | -6.44% | 26.44% | 4.11% | 25.42% | -14.59% | 9.25% |
FAOSX Fidelity Advisor Overseas Fund Class Z | 0.00% | 15.36% | 5.06% | 20.52% | -24.31% | 19.42% | 15.17% | 27.96% | -14.73% | 26.25% |
Correlation
The correlation between FACNX and FAOSX is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (3Y) Balances recent behavior with more history. | 0.60 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.69 |
Over the past year, the correlation between FACNX and FAOSX has dropped to 0.26 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.
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Return for Risk
FACNX vs. FAOSX — Risk / Return Rank
FACNX
FAOSX
FACNX vs. FAOSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Canada Fund Class A (FACNX) 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.
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.
| FACNX | FAOSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.78 | ||
| Sortino ratioReturn per unit of downside risk | +2.37 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.93 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 2.48 | -0.32 | +2.80 |
| Martin ratioReturn relative to average drawdown | 7.82 | -0.48 | +8.30 |
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Drawdowns
FACNX vs. FAOSX - Drawdown Comparison
The maximum FACNX drawdown since its inception was -58.18%, which is greater than FAOSX's maximum drawdown of -36.24%. Use the drawdown chart below to compare losses from any high point for FACNX and FAOSX.
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Drawdown Indicators
| FACNX | FAOSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.18% | -36.24% | -21.94% |
Max Drawdown (1Y)Largest decline over 1 year | -7.63% | -7.26% | -0.37% |
Max Drawdown (3Y)Largest decline over 3 years | -12.16% | -13.96% | +1.80% |
Max Drawdown (5Y)Largest decline over 5 years | -21.12% | -36.24% | +15.12% |
Max Drawdown (10Y)Largest decline over 10 years | -39.88% | — | — |
Current DrawdownCurrent decline from peak | -0.68% | -5.86% | +5.18% |
Average DrawdownAverage peak-to-trough decline | -12.07% | -7.90% | -4.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 4.48% | -2.06% |
Volatility
FACNX vs. FAOSX - Volatility Comparison
Fidelity Advisor Canada Fund Class A (FACNX) has a higher volatility of 2.46% compared to Fidelity Advisor Overseas Fund Class Z (FAOSX) at 0.00%. This indicates that FACNX'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.
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Volatility by Period
| FACNX | FAOSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.46% | 0.00% | +2.46% |
Volatility (6M)Calculated over the trailing 6-month period | 10.24% | 0.00% | +10.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.86% | 7.68% | +5.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.90% | 16.65% | -0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.36% | 16.56% | +0.80% |
FACNX vs. FAOSX - Expense Ratio Comparison
FACNX has a 1.12% expense ratio, which is higher than FAOSX's 1.02% expense ratio.
Dividends
FACNX vs. FAOSX - Dividend Comparison
FACNX's dividend yield for the trailing twelve months is around 4.96%, less than FAOSX's 8.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FACNX Fidelity Advisor Canada Fund Class A | 4.96% | 5.41% | 7.14% | 3.06% | 3.79% | 4.86% | 2.28% | 4.13% | 6.91% | 0.89% | 1.31% | 0.15% |
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% | 0.00% | 0.00% |
Frequently Asked Questions
FACNX and FAOSX have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FACNX has higher volatility (2.46%) compared to FAOSX (0.00%). In terms of maximum drawdown, FACNX dropped -58.18% vs FAOSX's -36.24%.
FACNX currently has the higher Sharpe Ratio (1.48 vs -0.30), 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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