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FDIKX vs. FIDKX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FDIKX and FIDKX is 0.78, 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.


Performance

FDIKX vs. FIDKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Diversified International Fund Class K (FDIKX) and Fidelity International Discovery Fund Class K (FIDKX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FDIKX:

0.44

FIDKX:

0.62

Sortino Ratio

FDIKX:

0.77

FIDKX:

0.99

Omega Ratio

FDIKX:

1.10

FIDKX:

1.14

Calmar Ratio

FDIKX:

0.36

FIDKX:

0.56

Martin Ratio

FDIKX:

1.77

FIDKX:

2.76

Ulcer Index

FDIKX:

4.88%

FIDKX:

4.29%

Daily Std Dev

FDIKX:

18.65%

FIDKX:

18.65%

Max Drawdown

FDIKX:

-57.95%

FIDKX:

-56.79%

Current Drawdown

FDIKX:

-9.96%

FIDKX:

-6.03%

Returns By Period

The year-to-date returns for both stocks are quite close, with FDIKX having a 11.13% return and FIDKX slightly lower at 10.82%. Over the past 10 years, FDIKX has underperformed FIDKX with an annualized return of 3.42%, while FIDKX has yielded a comparatively higher 3.99% annualized return.


FDIKX

YTD

11.13%

1M

11.47%

6M

4.62%

1Y

7.84%

5Y*

6.69%

10Y*

3.42%

FIDKX

YTD

10.82%

1M

12.28%

6M

7.15%

1Y

11.33%

5Y*

7.75%

10Y*

3.99%

*Annualized

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FDIKX vs. FIDKX - Expense Ratio Comparison

FDIKX has a 0.91% expense ratio, which is higher than FIDKX's 0.90% expense ratio.


Risk-Adjusted Performance

FDIKX vs. FIDKX — Risk-Adjusted Performance Rank

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

FDIKX
The Risk-Adjusted Performance Rank of FDIKX is 5454
Overall Rank
The Sharpe Ratio Rank of FDIKX is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of FDIKX is 5454
Sortino Ratio Rank
The Omega Ratio Rank of FDIKX is 5353
Omega Ratio Rank
The Calmar Ratio Rank of FDIKX is 5454
Calmar Ratio Rank
The Martin Ratio Rank of FDIKX is 5757
Martin Ratio Rank

FIDKX
The Risk-Adjusted Performance Rank of FIDKX is 6969
Overall Rank
The Sharpe Ratio Rank of FIDKX is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of FIDKX is 6767
Sortino Ratio Rank
The Omega Ratio Rank of FIDKX is 6767
Omega Ratio Rank
The Calmar Ratio Rank of FIDKX is 7171
Calmar Ratio Rank
The Martin Ratio Rank of FIDKX is 7373
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FDIKX vs. FIDKX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Diversified International Fund Class K (FDIKX) and Fidelity International Discovery Fund Class K (FIDKX). 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.


The current FDIKX Sharpe Ratio is 0.44, which is comparable to the FIDKX Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of FDIKX and FIDKX, 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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Dividends

FDIKX vs. FIDKX - Dividend Comparison

FDIKX's dividend yield for the trailing twelve months is around 1.91%, less than FIDKX's 2.72% yield.


TTM20242023202220212020201920182017201620152014
FDIKX
Fidelity Diversified International Fund Class K
1.91%2.12%1.82%0.52%1.27%0.13%1.42%1.50%1.20%1.29%2.52%5.26%
FIDKX
Fidelity International Discovery Fund Class K
2.72%3.01%2.02%0.47%3.08%0.55%1.82%1.49%1.22%1.83%1.19%0.82%

Drawdowns

FDIKX vs. FIDKX - Drawdown Comparison

The maximum FDIKX drawdown since its inception was -57.95%, roughly equal to the maximum FIDKX drawdown of -56.79%. Use the drawdown chart below to compare losses from any high point for FDIKX and FIDKX. For additional features, visit the drawdowns tool.


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Volatility

FDIKX vs. FIDKX - Volatility Comparison

Fidelity Diversified International Fund Class K (FDIKX) and Fidelity International Discovery Fund Class K (FIDKX) have volatilities of 4.50% and 4.42%, 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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