PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
FAOSX vs. SAHMX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FAOSX vs. SAHMX

Last updated Jun 23, 2026

FAOSX (Fidelity Advisor Overseas Fund Class Z) and SAHMX (SA International Value Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, FAOSX returned 3.89%/yr vs 13.92%/yr for SAHMX. A 0.67 correlation means they provide meaningful diversification when combined. FAOSX charges 1.02%/yr vs 1.11%/yr for SAHMX.

Performance

FAOSX vs. SAHMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Overseas Fund Class Z (FAOSX) and SA International Value Fund (SAHMX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

FAOSX

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.31%
3Y*
8.01%
5Y*
3.89%
10Y*
—

SAHMX

1D
-0.62%
1M
-0.41%
YTD
10.81%
6M
11.38%
1Y
32.87%
3Y*
21.15%
5Y*
13.92%
10Y*
10.86%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FAOSX vs. SAHMX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
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%
SAHMX
SA International Value Fund		10.81%44.08%5.44%16.49%-3.70%17.59%-2.48%14.61%-17.95%20.35%

Correlation

The correlation between FAOSX and SAHMX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.29

Correlation (3Y)
Calculated over the trailing 3-year period

0.53

Correlation (5Y)
Calculated over the trailing 5-year period

0.64

Correlation (All Time)
Calculated using the full available price history since Feb 1, 2017

0.67

Over the past year, the correlation between FAOSX and SAHMX has dropped to 0.29 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fidelity Advisor Overseas Fund Class Z

SA International Value Fund

Often compared with FAOSX:
FAOSX vs. FAOIXFAOSX vs. FAERXFAOSX vs. HISIXFAOSX vs. BIGFXFAOSX vs. JOHIXFAOSX vs. BCIIXFAOSX vs. GSIMX
Often compared with SAHMX:
SAHMX vs. SAEMXSAHMX vs. SAWMXSAHMX vs. SAUFXSAHMX vs. SABTXSAHMX vs. SAISXSAHMX vs. SAUMXSAHMX vs. SAXIX

Return for Risk

FAOSX vs. SAHMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FAOSX
FAOSX Risk / Return Rank: 22
Overall Rank
FAOSX Sharpe Ratio Rank: 33
Sharpe Ratio Rank
FAOSX Sortino Ratio Rank: 22
Sortino Ratio Rank
FAOSX Omega Ratio Rank: 22
Omega Ratio Rank
FAOSX Calmar Ratio Rank: 22
Calmar Ratio Rank
FAOSX Martin Ratio Rank: 33
Martin Ratio Rank
SAHMX
SAHMX Risk / Return Rank: 8888
Overall Rank
SAHMX Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
SAHMX Sortino Ratio Rank: 9090
Sortino Ratio Rank
SAHMX Omega Ratio Rank: 8585
Omega Ratio Rank
SAHMX Calmar Ratio Rank: 8989
Calmar Ratio Rank
SAHMX Martin Ratio Rank: 8181
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FAOSX vs. SAHMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Overseas Fund Class Z (FAOSX) and SA International Value Fund (SAHMX). 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.

FAOSXSAHMXDifference
Sharpe ratioReturn per unit of total volatility
-0.05
2.97

-3.01

Sortino ratioReturn per unit of downside risk
-0.01
4.12

-4.12

Omega ratioGain probability vs. loss probability

1.00

1.54

-0.54

Calmar ratioReturn relative to maximum drawdown

-0.06

4.19

-4.25

Martin ratioReturn relative to average drawdown

-0.09

14.00

-14.09

FAOSX vs. SAHMX - Sharpe Ratio Comparison

The current FAOSX Sharpe Ratio is -0.05, which is lower than the SAHMX Sharpe Ratio of 2.97. The chart below compares the historical Sharpe Ratios of FAOSX and SAHMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

FAOSX vs. SAHMX - Drawdown Comparison

The maximum FAOSX drawdown since its inception was -36.24%, smaller than the maximum SAHMX drawdown of -66.58%. Use the drawdown chart below to compare losses from any high point for FAOSX and SAHMX.

Loading charts...

Drawdown Indicators

FAOSXSAHMXDifference

Max Drawdown

Largest peak-to-trough decline

-36.24%

-66.58%

+30.34%

Max Drawdown (1Y)

Largest decline over 1 year

-7.26%

-8.72%

+1.46%

Max Drawdown (3Y)

Largest decline over 3 years

-13.96%

-14.85%

+0.89%

Max Drawdown (5Y)

Largest decline over 5 years

-36.24%

-25.10%

-11.14%

Max Drawdown (10Y)

Largest decline over 10 years

—

-48.63%

—

Current Drawdown

Current decline from peak

-5.86%

-1.72%

-4.14%

Average Drawdown

Average peak-to-trough decline

-7.92%

-16.15%

+8.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.13%

2.50%

+1.63%

Volatility

FAOSX vs. SAHMX - Volatility Comparison

The current volatility for Fidelity Advisor Overseas Fund Class Z (FAOSX) is 0.00%, while SA International Value Fund (SAHMX) has a volatility of 2.76%. This indicates that FAOSX experiences smaller price fluctuations and is considered to be less risky than SAHMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

FAOSXSAHMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.00%

2.76%

-2.76%

Volatility (6M)

Calculated over the trailing 6-month period

3.63%

9.41%

-5.78%

Volatility (1Y)

Calculated over the trailing 1-year period

8.76%

12.32%

-3.56%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.70%

15.47%

+1.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.64%

16.38%

+0.26%

FAOSX vs. SAHMX - Expense Ratio Comparison

FAOSX has a 1.02% expense ratio, which is lower than SAHMX's 1.11% expense ratio.

Dividends

FAOSX vs. SAHMX - Dividend Comparison

FAOSX's dividend yield for the trailing twelve months is around 8.67%, more than SAHMX's 4.83% yield.

PositionTTM20252024202320222021202020192018201720162015
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%
SAHMX
SA International Value Fund		4.83%5.35%3.57%3.46%4.06%3.05%2.09%3.66%1.93%2.46%2.89%1.91%

Frequently Asked Questions

FAOSX and SAHMX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

SAHMX has higher volatility (2.76%) compared to FAOSX (0.00%). In terms of maximum drawdown, FAOSX dropped -36.24% vs SAHMX's -66.58%.

SAHMX currently has the higher Sharpe Ratio (2.97 vs -0.05), 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.

Portfolio Optimizer

Find the right allocation for FAOSX and SAHMX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer