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FCPAX vs. FCPCX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FCPAX vs. FCPCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor International Capital Appreciation Fund Class A (FCPAX) and Fidelity Advisor International Capital Appreciation Fund Class C (FCPCX). The values are adjusted to include any dividend payments, if applicable.

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FCPAX vs. FCPCX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FCPAX
Fidelity Advisor International Capital Appreciation Fund Class A
-8.23%18.40%7.76%27.31%-26.75%11.98%21.90%32.36%-13.07%35.50%
FCPCX
Fidelity Advisor International Capital Appreciation Fund Class C
-8.38%17.45%6.97%26.32%-27.27%11.10%20.98%31.41%-13.67%34.46%

Returns By Period

The year-to-date returns for both stocks are quite close, with FCPAX having a -8.23% return and FCPCX slightly lower at -8.38%. Over the past 10 years, FCPAX has outperformed FCPCX with an annualized return of 8.44%, while FCPCX has yielded a comparatively lower 7.63% annualized return.


FCPAX

1D
-0.52%
1M
-13.00%
YTD
-8.23%
6M
-8.59%
1Y
6.21%
3Y*
9.46%
5Y*
4.15%
10Y*
8.44%

FCPCX

1D
-0.51%
1M
-13.07%
YTD
-8.38%
6M
-8.95%
1Y
5.43%
3Y*
8.63%
5Y*
3.36%
10Y*
7.63%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FCPAX vs. FCPCX - Expense Ratio Comparison

FCPAX has a 1.23% expense ratio, which is lower than FCPCX's 1.98% expense ratio.


Return for Risk

FCPAX vs. FCPCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FCPAX
FCPAX Risk / Return Rank: 1212
Overall Rank
FCPAX Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
FCPAX Sortino Ratio Rank: 1111
Sortino Ratio Rank
FCPAX Omega Ratio Rank: 1111
Omega Ratio Rank
FCPAX Calmar Ratio Rank: 1111
Calmar Ratio Rank
FCPAX Martin Ratio Rank: 1313
Martin Ratio Rank

FCPCX
FCPCX Risk / Return Rank: 1010
Overall Rank
FCPCX Sharpe Ratio Rank: 99
Sharpe Ratio Rank
FCPCX Sortino Ratio Rank: 1010
Sortino Ratio Rank
FCPCX Omega Ratio Rank: 1010
Omega Ratio Rank
FCPCX Calmar Ratio Rank: 1010
Calmar Ratio Rank
FCPCX Martin Ratio Rank: 1111
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.

FCPAX vs. FCPCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Capital Appreciation Fund Class A (FCPAX) and Fidelity Advisor International Capital Appreciation Fund Class C (FCPCX). 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.


FCPAXFCPCXDifference

Sharpe ratio

Return per unit of total volatility

0.27

0.23

+0.04

Sortino ratio

Return per unit of downside risk

0.53

0.47

+0.06

Omega ratio

Gain probability vs. loss probability

1.07

1.06

+0.01

Calmar ratio

Return relative to maximum drawdown

0.27

0.21

+0.06

Martin ratio

Return relative to average drawdown

1.07

0.84

+0.23

FCPAX vs. FCPCX - Sharpe Ratio Comparison

The current FCPAX Sharpe Ratio is 0.27, which is comparable to the FCPCX Sharpe Ratio of 0.23. The chart below compares the historical Sharpe Ratios of FCPAX and FCPCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FCPAXFCPCXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.27

0.23

+0.04

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.23

0.18

+0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.48

0.43

+0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.38

0.30

+0.08

Correlation

The correlation between FCPAX and FCPCX is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

FCPAX vs. FCPCX - Dividend Comparison

FCPAX's dividend yield for the trailing twelve months is around 6.22%, less than FCPCX's 6.86% yield.


TTM20252024202320222021202020192018201720162015
FCPAX
Fidelity Advisor International Capital Appreciation Fund Class A
6.22%5.70%0.54%0.16%0.00%3.84%0.00%0.37%0.22%0.05%0.11%0.05%
FCPCX
Fidelity Advisor International Capital Appreciation Fund Class C
6.86%6.28%0.00%0.00%0.00%4.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FCPAX vs. FCPCX - Drawdown Comparison

The maximum FCPAX drawdown since its inception was -65.31%, roughly equal to the maximum FCPCX drawdown of -68.27%. Use the drawdown chart below to compare losses from any high point for FCPAX and FCPCX.


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Drawdown Indicators


FCPAXFCPCXDifference

Max Drawdown

Largest peak-to-trough decline

-65.31%

-68.27%

+2.96%

Max Drawdown (1Y)

Largest decline over 1 year

-14.47%

-14.59%

+0.12%

Max Drawdown (5Y)

Largest decline over 5 years

-37.36%

-37.83%

+0.47%

Max Drawdown (10Y)

Largest decline over 10 years

-37.36%

-37.83%

+0.47%

Current Drawdown

Current decline from peak

-14.47%

-14.59%

+0.12%

Average Drawdown

Average peak-to-trough decline

-15.09%

-17.16%

+2.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.62%

3.68%

-0.06%

Volatility

FCPAX vs. FCPCX - Volatility Comparison

Fidelity Advisor International Capital Appreciation Fund Class A (FCPAX) and Fidelity Advisor International Capital Appreciation Fund Class C (FCPCX) have volatilities of 7.75% and 7.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FCPAXFCPCXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.75%

7.77%

-0.02%

Volatility (6M)

Calculated over the trailing 6-month period

12.37%

12.38%

-0.01%

Volatility (1Y)

Calculated over the trailing 1-year period

19.49%

19.49%

0.00%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.45%

18.45%

0.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.83%

17.80%

+0.03%