FAERX vs. SWISX
Compare and contrast key facts about Fidelity Advisor Overseas Fund Class M (FAERX) and Schwab International Index Fund (SWISX).
FAERX is managed by Fidelity. It was launched on Apr 23, 1990. SWISX is a passively managed fund by Charles Schwab that tracks the performance of the MSCI EAFE Index. It was launched on May 19, 1997.
Performance
FAERX vs. SWISX - Performance Comparison
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Returns By Period
Over the past 10 years, FAERX has underperformed SWISX with an annualized return of 7.27%, while SWISX has yielded a comparatively higher 8.96% annualized return.
FAERX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- -5.36%
- 1Y
- 9.13%
- 3Y*
- 9.21%
- 5Y*
- 4.41%
- 10Y*
- 7.27%
SWISX
- 1D
- -0.61%
- 1M
- -3.43%
- YTD
- 2.05%
- 6M
- 4.99%
- 1Y
- 26.41%
- 3Y*
- 14.52%
- 5Y*
- 8.41%
- 10Y*
- 8.96%
FAERX vs. SWISX - 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% |
SWISX Schwab International Index Fund | 2.05% | 31.59% | 3.54% | 18.13% | -14.30% | 11.25% | 8.14% | 21.87% | -13.38% | 25.32% |
Correlation
The correlation between FAERX and SWISX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification — they'll tend to fall together during downturns. For meaningful risk reduction, look for holdings with correlations below 0.5.
FAERX vs. SWISX - Expense Ratio Comparison
FAERX has a 1.65% expense ratio, which is higher than SWISX's 0.06% expense ratio.
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Return for Risk
FAERX vs. SWISX — Risk / Return Rank
FAERX
SWISX
FAERX vs. SWISX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Overseas Fund Class M (FAERX) and Schwab International Index Fund (SWISX). 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.
| FAERX | SWISX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.48 | 1.38 | -0.90 |
Sortino ratioReturn per unit of downside risk | 0.79 | 1.90 | -1.12 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.27 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 0.40 | 2.12 | -1.72 |
Martin ratioReturn relative to average drawdown | 1.42 | 7.95 | -6.53 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FAERX | SWISX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.48 | 1.38 | -0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.52 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.53 | -0.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.29 | +0.02 |
Drawdowns
FAERX vs. SWISX - Drawdown Comparison
The maximum FAERX drawdown since its inception was -60.14%, roughly equal to the maximum SWISX drawdown of -60.65%. Use the drawdown chart below to compare losses from any high point for FAERX and SWISX.
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Drawdown Indicators
| FAERX | SWISX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.14% | -60.65% | +0.51% |
Max Drawdown (1Y)Largest decline over 1 year | -7.29% | -11.39% | +4.10% |
Max Drawdown (5Y)Largest decline over 5 years | -36.62% | -29.42% | -7.20% |
Max Drawdown (10Y)Largest decline over 10 years | -36.62% | -33.83% | -2.79% |
Current DrawdownCurrent decline from peak | -5.89% | -7.28% | +1.39% |
Average DrawdownAverage peak-to-trough decline | -14.40% | -14.88% | +0.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.96% | 3.04% | +0.92% |
Volatility
FAERX vs. SWISX - Volatility Comparison
The current volatility for Fidelity Advisor Overseas Fund Class M (FAERX) is 0.00%, while Schwab International Index Fund (SWISX) has a volatility of 7.39%. This indicates that FAERX experiences smaller price fluctuations and is considered to be less risky than SWISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAERX | SWISX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 7.39% | -7.39% |
Volatility (6M)Calculated over the trailing 6-month period | 5.99% | 11.36% | -5.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.16% | 17.29% | -2.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.86% | 16.12% | +0.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.73% | 16.81% | -0.08% |
Dividends
FAERX vs. SWISX - Dividend Comparison
FAERX's dividend yield for the trailing twelve months is around 7.94%, more than SWISX's 3.48% yield.
| 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% |
SWISX Schwab International Index Fund | 3.48% | 3.55% | 3.29% | 3.31% | 2.73% | 3.34% | 1.88% | 3.09% | 3.15% | 2.71% | 3.19% | 2.71% |