FAOSX vs. FAOIX
FAOSX (Fidelity Advisor Overseas Fund Class Z) and FAOIX (Fidelity Advisor Overseas Fund Class I) are both Foreign Large Cap Equities funds from Fidelity. Over the past 5 years, FAOSX returned 2.86%/yr vs 2.74%/yr for FAOIX. Their 1.00 correlation means they have historically moved very closely together. FAOSX charges 1.02%/yr vs 1.12%/yr for FAOIX.
Performance
FAOSX vs. FAOIX - 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%
FAOIX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- -0.26%
- 3Y*
- 7.86%
- 5Y*
- 2.74%
- 10Y*
- 7.63%
- ALL TIME*
- 5.75%
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. FAOIX - 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% |
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% | 26.55% |
Correlation
The correlation between FAOSX and FAOIX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (3Y) Balances recent behavior with more history. | 1.00 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 1.00 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 1.00 |
The correlation between FAOSX and FAOIX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
FAOSX vs. FAOIX — Risk / Return Rank
FAOSX
FAOIX
FAOSX vs. FAOIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Overseas Fund Class Z (FAOSX) and Fidelity Advisor Overseas Fund Class I (FAOIX). 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 | FAOIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 0.93 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | -0.32 | 0.00 |
| Martin ratioReturn relative to average drawdown | -0.48 | -0.49 | +0.01 |
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Drawdowns
FAOSX vs. FAOIX - Drawdown Comparison
The maximum FAOSX drawdown since its inception was -36.24%, smaller than the maximum FAOIX drawdown of -59.86%. Use the drawdown chart below to compare losses from any high point for FAOSX and FAOIX.
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Drawdown Indicators
| FAOSX | FAOIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.24% | -59.86% | +23.62% |
Max Drawdown (1Y)Largest decline over 1 year | -7.26% | -7.28% | +0.02% |
Max Drawdown (3Y)Largest decline over 3 years | -13.96% | -13.98% | +0.02% |
Max Drawdown (5Y)Largest decline over 5 years | -36.24% | -36.33% | +0.09% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.33% | — |
Current DrawdownCurrent decline from peak | -5.86% | -5.85% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -7.90% | -14.17% | +6.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.48% | 4.48% | 0.00% |
Volatility
FAOSX vs. FAOIX - Volatility Comparison
The current volatility for Fidelity Advisor Overseas Fund Class Z (FAOSX) is 0.00%, while Fidelity Advisor Overseas Fund Class I (FAOIX) has a volatility of 0.00%. This indicates that FAOSX experiences smaller price fluctuations and is considered to be less risky than FAOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAOSX | FAOIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 0.00% | 0.00% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 0.00% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.68% | 7.69% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.65% | 16.67% | -0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.56% | 16.29% | +0.27% |
FAOSX vs. FAOIX - Expense Ratio Comparison
FAOSX has a 1.02% expense ratio, which is lower than FAOIX's 1.12% expense ratio.
Dividends
FAOSX vs. FAOIX - Dividend Comparison
FAOSX's dividend yield for the trailing twelve months is around 8.67%, more than FAOIX's 8.49% yield.
| Position | 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% |
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
With a correlation of 1.00, FAOSX and FAOIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FAOIX has higher volatility (0.00%) compared to FAOSX (0.00%). In terms of maximum drawdown, FAOSX dropped -36.24% vs FAOIX's -59.86%.
FAOSX currently has the higher Sharpe Ratio (-0.30 vs -0.31), 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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