FAERX vs. GSIMX
FAERX (Fidelity Advisor Overseas Fund Class M) and GSIMX (Goldman Sachs GQG Partners International Opportunities Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, FAERX returned 2.30%/yr vs 9.21%/yr for GSIMX. Their 0.80 correlation means they have sometimes moved together and sometimes differently. FAERX charges 1.65%/yr vs 0.76%/yr for GSIMX.
Performance
FAERX vs. GSIMX - Performance Comparison
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Returns By Period
FAERX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- -0.42%
- 3Y*
- 7.43%
- 5Y*
- 2.30%
- 10Y*
- 7.12%
- ALL TIME*
- 5.57%
GSIMX
- 1D
- 0.62%
- 1M
- 2.06%
- 6M
- 4.43%
- YTD
- 8.14%
- 1Y
- 15.67%
- 3Y*
- 15.47%
- 5Y*
- 9.21%
- 10Y*
- —
- ALL TIME*
- 12.77%
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 |
FAERX vs. GSIMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAERX Fidelity Advisor Overseas Fund Class M | 0.00% | 14.70% | 4.40% | 19.78% | -24.77% | 18.63% | 14.43% | 27.14% | -15.25% | 29.37% |
GSIMX Goldman Sachs GQG Partners International Opportunities Fund | 8.14% | 20.85% | 9.66% | 22.10% | -11.06% | 12.50% | 15.77% | 27.64% | -6.04% | 29.92% |
Correlation
The correlation between FAERX and GSIMX 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. | 0.69 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.80 |
Over the past year, the correlation between FAERX and GSIMX has dropped to 0.26 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.
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Return for Risk
FAERX vs. GSIMX — Risk / Return Rank
FAERX
GSIMX
FAERX vs. GSIMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Overseas Fund Class M (FAERX) and Goldman Sachs GQG Partners International Opportunities Fund (GSIMX). 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.
| FAERX | GSIMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.94 | ||
| Sortino ratioReturn per unit of downside risk | -2.61 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.30 | -0.37 |
| Calmar ratioReturn relative to maximum drawdown | -0.35 | 2.02 | -2.37 |
| Martin ratioReturn relative to average drawdown | -0.53 | 5.51 | -6.04 |
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Drawdowns
FAERX vs. GSIMX - Drawdown Comparison
The maximum FAERX drawdown since its inception was -60.14%, which is greater than GSIMX's maximum drawdown of -28.84%. Use the drawdown chart below to compare losses from any high point for FAERX and GSIMX.
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Drawdown Indicators
| FAERX | GSIMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.14% | -28.84% | -31.30% |
Max Drawdown (1Y)Largest decline over 1 year | -7.29% | -7.81% | +0.52% |
Max Drawdown (3Y)Largest decline over 3 years | -14.00% | -10.32% | -3.68% |
Max Drawdown (5Y)Largest decline over 5 years | -36.62% | -25.37% | -11.25% |
Max Drawdown (10Y)Largest decline over 10 years | -36.62% | — | — |
Current DrawdownCurrent decline from peak | -5.89% | -2.17% | -3.72% |
Average DrawdownAverage peak-to-trough decline | -14.34% | -4.80% | -9.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.51% | 2.85% | +1.66% |
Volatility
FAERX vs. GSIMX - Volatility Comparison
The current volatility for Fidelity Advisor Overseas Fund Class M (FAERX) is 0.00%, while Goldman Sachs GQG Partners International Opportunities Fund (GSIMX) has a volatility of 2.73%. This indicates that FAERX experiences smaller price fluctuations and is considered to be less risky than GSIMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAERX | GSIMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 2.73% | -2.73% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 8.18% | -8.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.69% | 9.85% | -2.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.66% | 14.25% | +2.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.28% | 15.61% | +0.67% |
FAERX vs. GSIMX - Expense Ratio Comparison
FAERX has a 1.65% expense ratio, which is higher than GSIMX's 0.76% expense ratio.
Dividends
FAERX vs. GSIMX - Dividend Comparison
FAERX's dividend yield for the trailing twelve months is around 7.94%, more than GSIMX's 4.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAERX Fidelity Advisor Overseas Fund Class M | 7.94% | 7.94% | 0.96% | 0.51% | 0.12% | 2.07% | 0.00% | 1.15% | 4.25% | 3.35% | 0.80% | 0.09% |
GSIMX Goldman Sachs GQG Partners International Opportunities Fund | 4.73% | 5.12% | 11.18% | 2.36% | 4.89% | 2.23% | 0.18% | 0.65% | 0.53% | 0.16% | 0.00% | 0.00% |
Frequently Asked Questions
FAERX and GSIMX 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.
GSIMX has higher volatility (2.73%) compared to FAERX (0.00%). In terms of maximum drawdown, FAERX dropped -60.14% vs GSIMX's -28.84%.
GSIMX currently has the higher Sharpe Ratio (1.60 vs -0.33), 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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