FACNX vs. FTCNX
FACNX (Fidelity Advisor Canada Fund Class A) and FTCNX (Fidelity Advisor Canada Fund Class M) are both Foreign Large Cap Equities funds from Fidelity. Over the past 10 years, FACNX returned 9.84%/yr vs 9.58%/yr for FTCNX. With a 1.00 correlation, they move nearly in lockstep. FACNX charges 1.12%/yr vs 1.40%/yr for FTCNX.
Performance
FACNX vs. FTCNX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with FACNX having a 4.66% return and FTCNX slightly lower at 4.54%. Both investments have delivered pretty close results over the past 10 years, with FACNX having a 9.84% annualized return and FTCNX not far behind at 9.58%.
FACNX
- 1D
- -0.97%
- 1M
- -1.57%
- YTD
- 4.66%
- 6M
- 4.33%
- 1Y
- 14.81%
- 3Y*
- 15.10%
- 5Y*
- 10.38%
- 10Y*
- 9.84%
FTCNX
- 1D
- -0.96%
- 1M
- -1.58%
- YTD
- 4.54%
- 6M
- 4.21%
- 1Y
- 14.54%
- 3Y*
- 14.81%
- 5Y*
- 10.09%
- 10Y*
- 9.58%
FACNX vs. FTCNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FACNX Fidelity Advisor Canada Fund Class A | 4.66% | 25.49% | 8.83% | 14.33% | -6.44% | 26.44% | 4.11% | 25.42% | -14.59% | 12.81% |
FTCNX Fidelity Advisor Canada Fund Class M | 4.54% | 25.18% | 8.57% | 14.02% | -6.70% | 26.10% | 3.82% | 25.08% | -14.85% | 12.87% |
Correlation
The correlation between FACNX and FTCNX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since May 10, 2007 | 1.00 |
The correlation between FACNX and FTCNX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
FACNX vs. FTCNX — Risk / Return Rank
FACNX
FTCNX
FACNX vs. FTCNX - 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 Canada Fund Class M (FTCNX). 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 | FTCNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.84 | 1.80 | +0.04 |
| Martin ratioReturn relative to average drawdown | 5.96 | 5.80 | +0.15 |
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Drawdowns
FACNX vs. FTCNX - Drawdown Comparison
The maximum FACNX drawdown since its inception was -58.18%, roughly equal to the maximum FTCNX drawdown of -58.27%. Use the drawdown chart below to compare losses from any high point for FACNX and FTCNX.
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Drawdown Indicators
| FACNX | FTCNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.18% | -58.27% | +0.09% |
Max Drawdown (1Y)Largest decline over 1 year | -7.63% | -7.65% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -12.16% | -12.23% | +0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -21.12% | -21.21% | +0.09% |
Max Drawdown (10Y)Largest decline over 10 years | -39.88% | -39.92% | +0.04% |
Current DrawdownCurrent decline from peak | -3.53% | -3.59% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -12.14% | -12.37% | +0.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 2.36% | -0.01% |
Volatility
FACNX vs. FTCNX - Volatility Comparison
Fidelity Advisor Canada Fund Class A (FACNX) and Fidelity Advisor Canada Fund Class M (FTCNX) have volatilities of 4.13% and 4.13%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FACNX | FTCNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.13% | 4.13% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 10.22% | 10.21% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.97% | 12.96% | +0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.01% | 16.00% | +0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.44% | 17.43% | +0.01% |
FACNX vs. FTCNX - Expense Ratio Comparison
FACNX has a 1.12% expense ratio, which is lower than FTCNX's 1.40% expense ratio.
Dividends
FACNX vs. FTCNX - Dividend Comparison
FACNX's dividend yield for the trailing twelve months is around 5.17%, more than FTCNX's 4.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FACNX Fidelity Advisor Canada Fund Class A | 5.17% | 5.41% | 7.14% | 3.06% | 3.79% | 4.86% | 2.28% | 4.13% | 6.91% | 0.89% | 1.31% | 0.15% |
FTCNX Fidelity Advisor Canada Fund Class M | 4.91% | 5.13% | 6.90% | 2.83% | 3.47% | 4.58% | 1.99% | 3.89% | 6.55% | 0.90% | 1.08% | 0.15% |
Frequently Asked Questions
With a correlation of 1.00, FACNX and FTCNX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FTCNX has higher volatility (4.13%) compared to FACNX (4.13%). In terms of maximum drawdown, FACNX dropped -58.18% vs FTCNX's -58.27%.
FACNX currently has the higher Sharpe Ratio (1.08 vs 1.06), 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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