PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FDIVX vs. FISMX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FDIVXFISMX
YTD Return9.54%1.88%
1Y Return20.08%14.55%
3Y Return (Ann)-1.30%-0.14%
5Y Return (Ann)6.80%6.01%
10Y Return (Ann)6.23%7.68%
Sharpe Ratio1.371.27
Sortino Ratio1.971.86
Omega Ratio1.251.23
Calmar Ratio1.011.03
Martin Ratio8.016.04
Ulcer Index2.50%2.39%
Daily Std Dev14.60%11.38%
Max Drawdown-59.98%-58.76%
Current Drawdown-5.94%-7.15%

Correlation

-0.50.00.51.00.9

The correlation between FDIVX and FISMX is 0.88, 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

FDIVX vs. FISMX - Performance Comparison

In the year-to-date period, FDIVX achieves a 9.54% return, which is significantly higher than FISMX's 1.88% return. Over the past 10 years, FDIVX has underperformed FISMX with an annualized return of 6.23%, while FISMX has yielded a comparatively higher 7.68% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-6.00%-4.00%-2.00%0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
0.13%
-3.18%
FDIVX
FISMX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FDIVX vs. FISMX - Expense Ratio Comparison

Both FDIVX and FISMX have an expense ratio of 1.01%.


FDIVX
Fidelity Diversified International Fund
Expense ratio chart for FDIVX: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%
Expense ratio chart for FISMX: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%

Risk-Adjusted Performance

FDIVX vs. FISMX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Diversified International Fund (FDIVX) and Fidelity International Small Cap Fund (FISMX). 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.


FDIVX
Sharpe ratio
The chart of Sharpe ratio for FDIVX, currently valued at 1.37, compared to the broader market0.002.004.001.37
Sortino ratio
The chart of Sortino ratio for FDIVX, currently valued at 1.97, compared to the broader market0.005.0010.001.97
Omega ratio
The chart of Omega ratio for FDIVX, currently valued at 1.25, compared to the broader market1.002.003.004.001.25
Calmar ratio
The chart of Calmar ratio for FDIVX, currently valued at 1.01, compared to the broader market0.005.0010.0015.0020.001.01
Martin ratio
The chart of Martin ratio for FDIVX, currently valued at 8.01, compared to the broader market0.0020.0040.0060.0080.00100.008.01
FISMX
Sharpe ratio
The chart of Sharpe ratio for FISMX, currently valued at 1.27, compared to the broader market0.002.004.001.27
Sortino ratio
The chart of Sortino ratio for FISMX, currently valued at 1.86, compared to the broader market0.005.0010.001.86
Omega ratio
The chart of Omega ratio for FISMX, currently valued at 1.23, compared to the broader market1.002.003.004.001.23
Calmar ratio
The chart of Calmar ratio for FISMX, currently valued at 1.03, compared to the broader market0.005.0010.0015.0020.001.03
Martin ratio
The chart of Martin ratio for FISMX, currently valued at 6.04, compared to the broader market0.0020.0040.0060.0080.00100.006.04

FDIVX vs. FISMX - Sharpe Ratio Comparison

The current FDIVX Sharpe Ratio is 1.37, which is comparable to the FISMX Sharpe Ratio of 1.27. The chart below compares the historical Sharpe Ratios of FDIVX and FISMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.37
1.27
FDIVX
FISMX

Dividends

FDIVX vs. FISMX - Dividend Comparison

FDIVX's dividend yield for the trailing twelve months is around 1.56%, less than FISMX's 1.83% yield.


TTM20232022202120202019201820172016201520142013
FDIVX
Fidelity Diversified International Fund
1.56%1.71%0.38%1.17%0.04%1.32%1.35%1.08%1.15%2.23%4.97%2.36%
FISMX
Fidelity International Small Cap Fund
1.83%1.87%0.70%2.57%0.83%1.83%1.91%0.98%1.46%5.45%18.12%2.92%

Drawdowns

FDIVX vs. FISMX - Drawdown Comparison

The maximum FDIVX drawdown since its inception was -59.98%, roughly equal to the maximum FISMX drawdown of -58.76%. Use the drawdown chart below to compare losses from any high point for FDIVX and FISMX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-5.94%
-7.15%
FDIVX
FISMX

Volatility

FDIVX vs. FISMX - Volatility Comparison

Fidelity Diversified International Fund (FDIVX) has a higher volatility of 3.79% compared to Fidelity International Small Cap Fund (FISMX) at 2.92%. This indicates that FDIVX's price experiences larger fluctuations and is considered to be riskier than FISMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.79%
2.92%
FDIVX
FISMX