FAOIX vs. GTMIX
Compare and contrast key facts about Fidelity Advisor Overseas Fund Class I (FAOIX) and GMO Tax-Managed International Equities Fund (GTMIX).
FAOIX is managed by Fidelity. It was launched on Jul 3, 1995. GTMIX is managed by GMO. It was launched on Jul 28, 1998.
Performance
FAOIX vs. GTMIX - Performance Comparison
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Returns By Period
Over the past 10 years, FAOIX has underperformed GTMIX with an annualized return of 7.81%, while GTMIX has yielded a comparatively higher 9.97% annualized return.
FAOIX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- -5.30%
- 1Y
- 9.47%
- 3Y*
- 9.70%
- 5Y*
- 4.90%
- 10Y*
- 7.81%
GTMIX
- 1D
- -0.22%
- 1M
- -1.05%
- YTD
- 9.09%
- 6M
- 18.11%
- 1Y
- 45.50%
- 3Y*
- 20.21%
- 5Y*
- 11.43%
- 10Y*
- 9.97%
FAOIX vs. GTMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAOIX Fidelity Advisor Overseas Fund Class I | 0.00% | 15.25% | 4.92% | 20.35% | -24.38% | 19.23% | 15.08% | 27.82% | -14.85% | 30.05% |
GTMIX GMO Tax-Managed International Equities Fund | 9.09% | 46.17% | 1.54% | 14.96% | -10.13% | 10.71% | 7.50% | 23.35% | -21.23% | 28.45% |
Correlation
The correlation between FAOIX and GTMIX is 0.88, 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.
FAOIX vs. GTMIX - Expense Ratio Comparison
FAOIX has a 1.12% expense ratio, which is higher than GTMIX's 0.68% expense ratio.
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Return for Risk
FAOIX vs. GTMIX — Risk / Return Rank
FAOIX
GTMIX
FAOIX vs. GTMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Overseas Fund Class I (FAOIX) and GMO Tax-Managed International Equities Fund (GTMIX). 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.
| FAOIX | GTMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.51 | 2.71 | -2.20 |
Sortino ratioReturn per unit of downside risk | 0.82 | 3.45 | -2.63 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.53 | -0.39 |
Calmar ratioReturn relative to maximum drawdown | 0.43 | 3.74 | -3.31 |
Martin ratioReturn relative to average drawdown | 1.53 | 17.52 | -15.98 |
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
| FAOIX | GTMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.51 | 2.71 | -2.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.77 | -0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.62 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.40 | -0.08 |
Drawdowns
FAOIX vs. GTMIX - Drawdown Comparison
The maximum FAOIX drawdown since its inception was -59.86%, roughly equal to the maximum GTMIX drawdown of -58.31%. Use the drawdown chart below to compare losses from any high point for FAOIX and GTMIX.
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Drawdown Indicators
| FAOIX | GTMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.86% | -58.31% | -1.55% |
Max Drawdown (1Y)Largest decline over 1 year | -7.28% | -7.90% | +0.62% |
Max Drawdown (5Y)Largest decline over 5 years | -36.33% | -28.81% | -7.52% |
Max Drawdown (10Y)Largest decline over 10 years | -36.33% | -40.32% | +3.99% |
Current DrawdownCurrent decline from peak | -5.85% | -3.92% | -1.93% |
Average DrawdownAverage peak-to-trough decline | -14.23% | -12.75% | -1.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.94% | 2.40% | +1.54% |
Volatility
FAOIX vs. GTMIX - Volatility Comparison
The current volatility for Fidelity Advisor Overseas Fund Class I (FAOIX) is 0.00%, while GMO Tax-Managed International Equities Fund (GTMIX) has a volatility of 5.44%. This indicates that FAOIX experiences smaller price fluctuations and is considered to be less risky than GTMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAOIX | GTMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 5.44% | -5.44% |
Volatility (6M)Calculated over the trailing 6-month period | 5.99% | 9.57% | -3.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.17% | 15.54% | -0.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.87% | 14.90% | +1.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.73% | 16.06% | +0.67% |
Dividends
FAOIX vs. GTMIX - Dividend Comparison
FAOIX's dividend yield for the trailing twelve months is around 8.49%, less than GTMIX's 20.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAOIX Fidelity Advisor Overseas Fund Class I | 8.49% | 8.49% | 1.66% | 0.96% | 0.63% | 2.06% | 0.00% | 1.35% | 5.09% | 3.79% | 1.49% | 0.63% |
GTMIX GMO Tax-Managed International Equities Fund | 20.56% | 22.43% | 5.94% | 0.36% | 5.44% | 16.55% | 2.25% | 4.13% | 7.25% | 2.96% | 4.05% | 3.26% |