FAPCX vs. VTI

Last updated Aug 1, 2026

FAPCX (Fidelity International Capital Appreciation K6 Fund) and VTI (Vanguard Total Stock Market ETF) are both funds - FAPCX is a Foreign Large Cap Equities fund managed by Fidelity, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. Over the past 5 years, FAPCX returned 5.67%/yr vs 11.74%/yr for VTI. Their correlation of 0.81 means they have usually moved in the same direction. FAPCX charges 0.65%/yr vs 0.03%/yr for VTI.

Performance

FAPCX vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Capital Appreciation K6 Fund (FAPCX) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FAPCX achieves a 4.92% return, which is significantly lower than VTI's 10.49% return.

FAPCX

• 1D: 4.50%
• 1M: -3.68%
• 6M: 0.27%
• YTD: 4.92%
• 1Y: 7.69%
• 3Y*: 13.08%
• 5Y*: 5.67%
• 10Y*: —
• ALL TIME*: 9.84%

VTI

• 1D: 0.53%
• 1M: -0.15%
• 6M: 8.77%
• YTD: 10.49%
• 1Y: 21.84%
• 3Y*: 18.92%
• 5Y*: 11.74%
• 10Y*: 14.63%
• ALL TIME*: 9.58%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FAPCX Fidelity International Capital Appreciation K6 Fund	$0.00	$0.00	$0.00
VTI Vanguard Total Stock Market ETF	$1.06B	$1.16B	$1.24B

FAPCX vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FAPCX Fidelity International Capital Appreciation K6 Fund	4.92%	18.82%	8.28%	27.54%	-26.25%	12.43%	22.82%	33.52%	-12.55%	15.61%
VTI Vanguard Total Stock Market ETF	10.49%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	30.67%	-5.23%	12.59%

Correlation

The correlation between FAPCX and VTI is 0.86, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.86
Correlation (3Y) Balances recent behavior with more history.	0.82
Correlation (5Y) Shows whether the relationship held over a longer period.	0.83
Correlation (All Time) Calculated using the full available price history since May 25, 2017	0.81

The correlation between FAPCX and VTI has been stable across timeframes, ranging from 0.81 to 0.86 - a consistent structural relationship.

Return for Risk

FAPCX vs. VTI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FAPCX

FAPCX Risk / Return Rank: 10
FAPCX Sharpe Ratio Rank: 9
FAPCX Sortino Ratio Rank: 10
FAPCX Omega Ratio Rank: 10
FAPCX Calmar Ratio Rank: 10
FAPCX Martin Ratio Rank: 11

VTI

VTI Risk / Return Rank: 67
VTI Sharpe Ratio Rank: 67
VTI Sortino Ratio Rank: 64
VTI Omega Ratio Rank: 64
VTI Calmar Ratio Rank: 65
VTI Martin Ratio Rank: 77

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FAPCX vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Capital Appreciation K6 Fund (FAPCX) and Vanguard Total Stock Market ETF (VTI). 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.

	FAPCX	VTI	Difference
Sharpe ratio: Return per unit of total volatility	0.28	1.52	-1.24
Sortino ratio: Return per unit of downside risk	0.54	2.12	-1.57
Omega ratio: Gain probability vs. loss probability	1.07	1.27	-0.20
Calmar ratio: Return relative to maximum drawdown	0.41	2.23	-1.83
Martin ratio: Return relative to average drawdown	1.35	9.62	-8.27

FAPCX vs. VTI - Sharpe Ratio Comparison

The current FAPCX Sharpe Ratio is 0.28, which is lower than the VTI Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of FAPCX and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FAPCX vs. VTI - Drawdown Comparison

The maximum FAPCX drawdown since its inception was -37.09%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for FAPCX and VTI.

Drawdown Indicators

	FAPCX	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-37.09%	-55.45%	+18.36%
Max Drawdown (1Y) Largest decline over 1 year	-14.45%	-8.92%	-5.53%
Max Drawdown (3Y) Largest decline over 3 years	-16.28%	-19.30%	+3.02%
Max Drawdown (5Y) Largest decline over 5 years	-37.09%	-25.36%	-11.73%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-8.30%	-1.36%	-6.94%
Average Drawdown Average peak-to-trough decline	-7.68%	-7.99%	+0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.34%	2.07%	+2.27%

Volatility

FAPCX vs. VTI - Volatility Comparison

Fidelity International Capital Appreciation K6 Fund (FAPCX) has a higher volatility of 8.74% compared to Vanguard Total Stock Market ETF (VTI) at 3.46%. This indicates that FAPCX's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FAPCX	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.74%	3.46%	+5.28%
Volatility (6M) Calculated over the trailing 6-month period	19.35%	10.24%	+9.11%
Volatility (1Y) Calculated over the trailing 1-year period	21.09%	13.10%	+7.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.54%	17.51%	+2.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.91%	18.30%	+0.61%

FAPCX vs. VTI - Expense Ratio Comparison

FAPCX has a 0.65% expense ratio, which is higher than VTI's 0.03% expense ratio.

Dividends

FAPCX vs. VTI - Dividend Comparison

FAPCX's dividend yield for the trailing twelve months is around 9.03%, more than VTI's 1.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FAPCX Fidelity International Capital Appreciation K6 Fund	9.03%	9.48%	2.94%	0.42%	0.40%	8.83%	0.41%	0.87%	0.81%	1.95%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.06%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both FAPCX and VTI in my portfolio?

FAPCX and VTI have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FAPCX or VTI?

FAPCX has higher volatility (8.74%) compared to VTI (3.46%). In terms of maximum drawdown, FAPCX dropped -37.09% vs VTI's -55.45%.

Which has better risk-adjusted returns?

VTI currently has the higher Sharpe Ratio (1.52 vs 0.28), 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.