FAOSX vs. BIGIX
FAOSX (Fidelity Advisor Overseas Fund Class Z) and BIGIX (William Blair International Growth Fund Class I) are both Foreign Large Cap Equities funds. Over the past 5 years, FAOSX returned 2.86%/yr vs 1.83%/yr for BIGIX. Their correlation of 0.87 means they have usually moved in the same direction. FAOSX charges 1.02%/yr vs 0.90%/yr for BIGIX.
Performance
FAOSX vs. BIGIX - Performance Comparison
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Returns By Period
FAOSX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- -0.26%
- 3Y*
- 7.96%
- 5Y*
- 2.86%
- 10Y*
- —
- ALL TIME*
- 8.10%
BIGIX
- 1D
- 3.08%
- 1M
- -4.05%
- 6M
- 4.92%
- YTD
- 10.91%
- 1Y
- 19.20%
- 3Y*
- 11.31%
- 5Y*
- 1.83%
- 10Y*
- 8.02%
- ALL TIME*
- 7.15%
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 |
FAOSX vs. BIGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAOSX Fidelity Advisor Overseas Fund Class Z | 0.00% | 15.36% | 5.06% | 20.52% | -24.31% | 19.42% | 15.17% | 27.96% | -14.73% | 26.25% |
BIGIX William Blair International Growth Fund Class I | 10.91% | 18.17% | 2.38% | 15.43% | -28.46% | 8.95% | 32.01% | 30.66% | -17.71% | 24.63% |
Correlation
The correlation between FAOSX and BIGIX is 0.37, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.37 |
Correlation (3Y) Balances recent behavior with more history. | 0.73 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.84 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.87 |
Over the past year, the correlation between FAOSX and BIGIX has dropped to 0.37 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.
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Return for Risk
FAOSX vs. BIGIX — Risk / Return Rank
FAOSX
BIGIX
FAOSX vs. BIGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Overseas Fund Class Z (FAOSX) and William Blair International Growth Fund Class I (BIGIX). 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.
| FAOSX | BIGIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.30 | ||
| Sortino ratioReturn per unit of downside risk | -1.82 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 1.20 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | 1.34 | -1.66 |
| Martin ratioReturn relative to average drawdown | -0.48 | 4.55 | -5.03 |
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Drawdowns
FAOSX vs. BIGIX - Drawdown Comparison
The maximum FAOSX drawdown since its inception was -36.24%, smaller than the maximum BIGIX drawdown of -65.22%. Use the drawdown chart below to compare losses from any high point for FAOSX and BIGIX.
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Drawdown Indicators
| FAOSX | BIGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.24% | -65.22% | +28.98% |
Max Drawdown (1Y)Largest decline over 1 year | -7.26% | -13.21% | +5.95% |
Max Drawdown (3Y)Largest decline over 3 years | -13.96% | -17.09% | +3.13% |
Max Drawdown (5Y)Largest decline over 5 years | -36.24% | -41.03% | +4.79% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.03% | — |
Current DrawdownCurrent decline from peak | -5.86% | -6.53% | +0.67% |
Average DrawdownAverage peak-to-trough decline | -7.90% | -17.08% | +9.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.48% | 3.89% | +0.59% |
Volatility
FAOSX vs. BIGIX - Volatility Comparison
The current volatility for Fidelity Advisor Overseas Fund Class Z (FAOSX) is 0.00%, while William Blair International Growth Fund Class I (BIGIX) has a volatility of 5.87%. This indicates that FAOSX experiences smaller price fluctuations and is considered to be less risky than BIGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAOSX | BIGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 5.87% | -5.87% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 15.76% | -15.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.68% | 17.80% | -10.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.65% | 17.18% | -0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.56% | 17.23% | -0.67% |
FAOSX vs. BIGIX - Expense Ratio Comparison
FAOSX has a 1.02% expense ratio, which is higher than BIGIX's 0.90% expense ratio.
Dividends
FAOSX vs. BIGIX - Dividend Comparison
FAOSX's dividend yield for the trailing twelve months is around 8.67%, less than BIGIX's 16.64% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIGIX William Blair International Growth Fund Class I | 16.64% | 18.45% | 7.49% | 3.52% | 7.84% | 11.41% | 1.11% | 1.29% | 9.05% | 1.54% | 1.80% | 1.18% |
FAOSX Fidelity Advisor Overseas Fund Class Z | 8.67% | 8.67% | 1.80% | 1.12% | 0.85% | 2.07% | 0.00% | 1.70% | 5.30% | 3.93% | 0.00% | 0.00% |
Frequently Asked Questions
FAOSX and BIGIX have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BIGIX has higher volatility (5.87%) compared to FAOSX (0.00%). In terms of maximum drawdown, FAOSX dropped -36.24% vs BIGIX's -65.22%.
BIGIX currently has the higher Sharpe Ratio (1.00 vs -0.30), 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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