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FCPAX vs. FSKAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FCPAX vs. FSKAX - 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 Total Market Index Fund (FSKAX). The values are adjusted to include any dividend payments, if applicable.

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FCPAX vs. FSKAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FCPAX
Fidelity Advisor International Capital Appreciation Fund Class A
-4.94%18.40%7.76%27.31%-26.75%11.98%21.90%32.36%-13.07%35.50%
FSKAX
Fidelity Total Market Index Fund
-3.98%17.06%23.89%26.12%-19.53%25.66%20.79%30.92%-5.32%20.85%

Returns By Period

In the year-to-date period, FCPAX achieves a -4.94% return, which is significantly lower than FSKAX's -3.98% return. Over the past 10 years, FCPAX has underperformed FSKAX with an annualized return of 8.83%, while FSKAX has yielded a comparatively higher 13.56% annualized return.


FCPAX

1D
3.58%
1M
-9.06%
YTD
-4.94%
6M
-5.48%
1Y
9.47%
3Y*
10.75%
5Y*
4.47%
10Y*
8.83%

FSKAX

1D
2.99%
1M
-5.06%
YTD
-3.98%
6M
-2.04%
1Y
17.68%
3Y*
17.87%
5Y*
10.50%
10Y*
13.56%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FCPAX vs. FSKAX - Expense Ratio Comparison

FCPAX has a 1.23% expense ratio, which is higher than FSKAX's 0.02% expense ratio.


Return for Risk

FCPAX vs. FSKAX — Risk / Return Rank

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

FCPAX
FCPAX Risk / Return Rank: 1717
Overall Rank
FCPAX Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
FCPAX Sortino Ratio Rank: 1717
Sortino Ratio Rank
FCPAX Omega Ratio Rank: 1616
Omega Ratio Rank
FCPAX Calmar Ratio Rank: 1717
Calmar Ratio Rank
FCPAX Martin Ratio Rank: 1919
Martin Ratio Rank

FSKAX
FSKAX Risk / Return Rank: 5959
Overall Rank
FSKAX Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
FSKAX Sortino Ratio Rank: 5353
Sortino Ratio Rank
FSKAX Omega Ratio Rank: 5555
Omega Ratio Rank
FSKAX Calmar Ratio Rank: 6464
Calmar Ratio Rank
FSKAX Martin Ratio Rank: 7575
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. FSKAX - 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 Total Market Index Fund (FSKAX). 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.


FCPAXFSKAXDifference

Sharpe ratio

Return per unit of total volatility

0.51

0.98

-0.47

Sortino ratio

Return per unit of downside risk

0.86

1.49

-0.63

Omega ratio

Gain probability vs. loss probability

1.12

1.23

-0.11

Calmar ratio

Return relative to maximum drawdown

0.63

1.50

-0.88

Martin ratio

Return relative to average drawdown

2.45

7.20

-4.75

FCPAX vs. FSKAX - Sharpe Ratio Comparison

The current FCPAX Sharpe Ratio is 0.51, which is lower than the FSKAX Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of FCPAX and FSKAX, 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


FCPAXFSKAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.51

0.98

-0.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.24

0.61

-0.36

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.50

0.74

-0.24

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

0.79

-0.40

Correlation

The correlation between FCPAX and FSKAX is 0.81, 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. FSKAX - Dividend Comparison

FCPAX's dividend yield for the trailing twelve months is around 6.00%, more than FSKAX's 1.06% yield.


TTM20252024202320222021202020192018201720162015
FCPAX
Fidelity Advisor International Capital Appreciation Fund Class A
6.00%5.70%0.54%0.16%0.00%3.84%0.00%0.37%0.22%0.05%0.11%0.05%
FSKAX
Fidelity Total Market Index Fund
1.06%1.01%1.19%1.41%1.62%1.15%1.45%1.94%2.54%2.07%2.43%0.82%

Drawdowns

FCPAX vs. FSKAX - Drawdown Comparison

The maximum FCPAX drawdown since its inception was -65.31%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FCPAX and FSKAX.


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Drawdown Indicators


FCPAXFSKAXDifference

Max Drawdown

Largest peak-to-trough decline

-65.31%

-35.01%

-30.30%

Max Drawdown (1Y)

Largest decline over 1 year

-14.47%

-12.42%

-2.05%

Max Drawdown (5Y)

Largest decline over 5 years

-37.36%

-25.39%

-11.97%

Max Drawdown (10Y)

Largest decline over 10 years

-37.36%

-35.01%

-2.35%

Current Drawdown

Current decline from peak

-11.41%

-6.20%

-5.21%

Average Drawdown

Average peak-to-trough decline

-15.09%

-4.05%

-11.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.69%

2.60%

+1.09%

Volatility

FCPAX vs. FSKAX - Volatility Comparison

Fidelity Advisor International Capital Appreciation Fund Class A (FCPAX) has a higher volatility of 8.80% compared to Fidelity Total Market Index Fund (FSKAX) at 5.52%. This indicates that FCPAX's price experiences larger fluctuations and is considered to be riskier than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FCPAXFSKAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.80%

5.52%

+3.28%

Volatility (6M)

Calculated over the trailing 6-month period

12.86%

9.85%

+3.01%

Volatility (1Y)

Calculated over the trailing 1-year period

19.77%

18.69%

+1.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.52%

17.42%

+1.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.86%

18.44%

-0.58%