FCPIX vs. FSPSX
Compare and contrast key facts about Fidelity Advisor International Capital Appreciation Fund Class I (FCPIX) and Fidelity International Index Fund (FSPSX).
FCPIX is managed by Fidelity. It was launched on Nov 3, 1997. FSPSX is a passively managed fund by Fidelity that tracks the performance of the MSCI ACWI ex USA IMI Index. It was launched on Nov 5, 1997.
Performance
FCPIX vs. FSPSX - Performance Comparison
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FCPIX vs. FSPSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCPIX Fidelity Advisor International Capital Appreciation Fund Class I | -8.16% | 18.68% | 8.02% | 27.64% | -26.55% | 12.26% | 22.23% | 32.75% | -12.79% | 35.88% |
FSPSX Fidelity International Index Fund | -1.94% | 31.98% | 3.70% | 18.31% | -14.23% | 11.45% | 8.16% | 22.03% | -13.55% | 25.37% |
Returns By Period
In the year-to-date period, FCPIX achieves a -8.16% return, which is significantly lower than FSPSX's -1.94% return. Both investments have delivered pretty close results over the past 10 years, with FCPIX having a 8.73% annualized return and FSPSX not far behind at 8.65%.
FCPIX
- 1D
- -0.51%
- 1M
- -13.01%
- YTD
- -8.16%
- 6M
- -8.47%
- 1Y
- 6.49%
- 3Y*
- 9.73%
- 5Y*
- 4.42%
- 10Y*
- 8.73%
FSPSX
- 1D
- 0.42%
- 1M
- -10.86%
- YTD
- -1.94%
- 6M
- 2.58%
- 1Y
- 19.89%
- 3Y*
- 13.50%
- 5Y*
- 7.96%
- 10Y*
- 8.65%
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FCPIX vs. FSPSX - Expense Ratio Comparison
FCPIX has a 0.97% expense ratio, which is higher than FSPSX's 0.04% expense ratio.
Return for Risk
FCPIX vs. FSPSX — Risk / Return Rank
FCPIX
FSPSX
FCPIX vs. FSPSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Capital Appreciation Fund Class I (FCPIX) and Fidelity International Index Fund (FSPSX). 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.
| FCPIX | FSPSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.29 | 1.11 | -0.83 |
Sortino ratioReturn per unit of downside risk | 0.54 | 1.56 | -1.01 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.23 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | 0.29 | 1.54 | -1.26 |
Martin ratioReturn relative to average drawdown | 1.15 | 5.93 | -4.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FCPIX | FSPSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.29 | 1.11 | -0.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.51 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.53 | -0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.46 | -0.10 |
Correlation
The correlation between FCPIX and FSPSX is 0.90, 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
FCPIX vs. FSPSX - Dividend Comparison
FCPIX's dividend yield for the trailing twelve months is around 5.92%, more than FSPSX's 3.22% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCPIX Fidelity Advisor International Capital Appreciation Fund Class I | 5.92% | 5.44% | 0.70% | 0.36% | 0.00% | 3.79% | 0.11% | 0.54% | 0.54% | 0.21% | 0.37% | 0.24% |
FSPSX Fidelity International Index Fund | 3.22% | 3.15% | 3.27% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.50% | 3.08% | 2.79% |
Drawdowns
FCPIX vs. FSPSX - Drawdown Comparison
The maximum FCPIX drawdown since its inception was -67.79%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FCPIX and FSPSX.
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Drawdown Indicators
| FCPIX | FSPSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -67.79% | -33.69% | -34.10% |
Max Drawdown (1Y)Largest decline over 1 year | -14.45% | -11.39% | -3.06% |
Max Drawdown (5Y)Largest decline over 5 years | -37.24% | -29.41% | -7.83% |
Max Drawdown (10Y)Largest decline over 10 years | -37.24% | -33.69% | -3.55% |
Current DrawdownCurrent decline from peak | -14.45% | -10.86% | -3.59% |
Average DrawdownAverage peak-to-trough decline | -15.84% | -6.59% | -9.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 2.96% | +0.64% |
Volatility
FCPIX vs. FSPSX - Volatility Comparison
Fidelity Advisor International Capital Appreciation Fund Class I (FCPIX) has a higher volatility of 7.72% compared to Fidelity International Index Fund (FSPSX) at 7.04%. This indicates that FCPIX's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCPIX | FSPSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.72% | 7.04% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 12.32% | 10.63% | +1.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.46% | 16.79% | +2.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.45% | 15.77% | +2.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.81% | 16.47% | +1.34% |