FAOAX vs. FOCPX
FAOAX (Fidelity Advisor Overseas Fund Class A) and FOCPX (Fidelity OTC Portfolio) are both mutual funds - FAOAX is a Foreign Large Cap Equities fund managed by Fidelity, while FOCPX is a Large Cap Growth Equities fund actively managed by Fidelity. Over the past 10 years, FAOAX returned 7.41%/yr vs 21.22%/yr for FOCPX. Their 0.61 correlation means they have sometimes moved together and sometimes differently. FAOAX charges 1.43%/yr vs 0.73%/yr for FOCPX.
Performance
FAOAX vs. FOCPX - Performance Comparison
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Returns By Period
Over the past 10 years, FAOAX has underperformed FOCPX with an annualized return of 7.41%, while FOCPX has yielded a comparatively higher 21.22% annualized return.
FAOAX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- -0.36%
- 3Y*
- 7.62%
- 5Y*
- 2.49%
- 10Y*
- 7.41%
- ALL TIME*
- 5.44%
FOCPX
- 1D
- 1.25%
- 1M
- -4.03%
- 6M
- 16.48%
- YTD
- 19.65%
- 1Y
- 37.82%
- 3Y*
- 29.20%
- 5Y*
- 15.83%
- 10Y*
- 21.22%
- ALL TIME*
- 14.82%
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 |
FAOAX vs. FOCPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAOAX Fidelity Advisor Overseas Fund Class A | 0.00% | 14.93% | 4.63% | 20.01% | -24.61% | 18.90% | 14.71% | 27.39% | -15.10% | 29.66% |
FOCPX Fidelity OTC Portfolio | 19.65% | 22.21% | 38.95% | 42.64% | -32.08% | 24.94% | 46.75% | 39.20% | -3.30% | 38.61% |
Correlation
The correlation between FAOAX and FOCPX is 0.31, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.31 |
Correlation (3Y) Balances recent behavior with more history. | 0.52 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.64 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.65 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1993 | 0.61 |
Over the past year, the correlation between FAOAX and FOCPX has dropped to 0.31 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.
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Return for Risk
FAOAX vs. FOCPX — Risk / Return Rank
FAOAX
FOCPX
FAOAX vs. FOCPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Overseas Fund Class A (FAOAX) and Fidelity OTC Portfolio (FOCPX). 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.
| FAOAX | FOCPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.01 | ||
| Sortino ratioReturn per unit of downside risk | -2.68 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.29 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.34 | 3.12 | -3.46 |
| Martin ratioReturn relative to average drawdown | -0.52 | 10.63 | -11.14 |
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Drawdowns
FAOAX vs. FOCPX - Drawdown Comparison
The maximum FAOAX drawdown since its inception was -60.03%, smaller than the maximum FOCPX drawdown of -70.25%. Use the drawdown chart below to compare losses from any high point for FAOAX and FOCPX.
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Drawdown Indicators
| FAOAX | FOCPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.03% | -70.25% | +10.22% |
Max Drawdown (1Y)Largest decline over 1 year | -7.29% | -11.29% | +4.00% |
Max Drawdown (3Y)Largest decline over 3 years | -13.99% | -24.82% | +10.83% |
Max Drawdown (5Y)Largest decline over 5 years | -36.50% | -37.05% | +0.55% |
Max Drawdown (10Y)Largest decline over 10 years | -36.50% | -37.05% | +0.55% |
Current DrawdownCurrent decline from peak | -5.87% | -7.69% | +1.82% |
Average DrawdownAverage peak-to-trough decline | -14.52% | -16.96% | +2.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.49% | 3.31% | +1.18% |
Volatility
FAOAX vs. FOCPX - Volatility Comparison
The current volatility for Fidelity Advisor Overseas Fund Class A (FAOAX) is 0.00%, while Fidelity OTC Portfolio (FOCPX) has a volatility of 6.29%. This indicates that FAOAX experiences smaller price fluctuations and is considered to be less risky than FOCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAOAX | FOCPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 6.29% | -6.29% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 17.28% | -17.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.67% | 20.92% | -13.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.65% | 23.14% | -6.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.28% | 22.59% | -6.31% |
FAOAX vs. FOCPX - Expense Ratio Comparison
FAOAX has a 1.43% expense ratio, which is higher than FOCPX's 0.73% expense ratio.
Dividends
FAOAX vs. FOCPX - Dividend Comparison
FAOAX's dividend yield for the trailing twelve months is around 8.54%, more than FOCPX's 6.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAOAX Fidelity Advisor Overseas Fund Class A | 8.54% | 8.54% | 1.33% | 0.74% | 0.38% | 2.12% | 0.00% | 1.37% | 4.64% | 3.64% | 1.75% | 0.38% |
FOCPX Fidelity OTC Portfolio | 6.50% | 7.78% | 16.76% | 0.05% | 4.06% | 11.53% | 6.23% | 7.58% | 7.93% | 4.86% | 3.24% | 5.41% |
Frequently Asked Questions
FAOAX and FOCPX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FOCPX has higher volatility (6.29%) compared to FAOAX (0.00%). In terms of maximum drawdown, FAOAX dropped -60.03% vs FOCPX's -70.25%.
FOCPX currently has the higher Sharpe Ratio (1.69 vs -0.32), 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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