FDIVX vs. VT

Last updated Aug 4, 2026

FDIVX (Fidelity Diversified International Fund) and VT (Vanguard Total World Stock ETF) are both funds - FDIVX is a Foreign Large Cap Equities fund actively managed by Fidelity, while VT is a Global Equities fund tracking the FTSE Global All Cap Index. FDIVX is actively managed, while VT is passively managed. Over the past 10 years, FDIVX returned 9.44%/yr vs 12.38%/yr for VT. Their correlation of 0.90 means they have usually moved in the same direction. FDIVX charges 0.66%/yr vs 0.06%/yr for VT.

Performance

FDIVX vs. VT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Diversified International Fund (FDIVX) and Vanguard Total World Stock ETF (VT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FDIVX having a 12.15% return and VT slightly higher at 12.40%. Over the past 10 years, FDIVX has underperformed VT with an annualized return of 9.44%, while VT has yielded a comparatively higher 12.38% annualized return.

FDIVX

• 1D: -0.22%
• 1M: -1.00%
• 6M: 5.57%
• YTD: 12.15%
• 1Y: 24.14%
• 3Y*: 16.02%
• 5Y*: 7.27%
• 10Y*: 9.44%
• ALL TIME*: 8.35%

VT

• 1D: 1.12%
• 1M: 0.92%
• 6M: 8.48%
• YTD: 12.40%
• 1Y: 24.89%
• 3Y*: 19.46%
• 5Y*: 10.72%
• 10Y*: 12.38%
• ALL TIME*: 8.87%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FDIVX Fidelity Diversified International Fund	$0.00	$0.00	$0.00
VT Vanguard Total World Stock ETF	$432.10M	$371.73M	$483.41M

FDIVX vs. VT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDIVX Fidelity Diversified International Fund	12.15%	27.75%	6.54%	17.74%	-23.86%	12.79%	18.91%	29.72%	-15.31%	25.31%
VT Vanguard Total World Stock ETF	12.40%	22.43%	16.49%	22.02%	-18.00%	18.27%	16.59%	26.81%	-9.76%	24.50%

Correlation

The correlation between FDIVX and VT is 0.92, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.92
Correlation (3Y) Balances recent behavior with more history.	0.89
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (10Y) Provides a long-term view across more market conditions.	0.90
Correlation (All Time) Calculated using the full available price history since Jun 26, 2008	0.90

The correlation between FDIVX and VT has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.

Return for Risk

FDIVX vs. VT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FDIVX

FDIVX Risk / Return Rank: 41
FDIVX Sharpe Ratio Rank: 37
FDIVX Sortino Ratio Rank: 38
FDIVX Omega Ratio Rank: 37
FDIVX Calmar Ratio Rank: 44
FDIVX Martin Ratio Rank: 47

VT

VT Risk / Return Rank: 77
VT Sharpe Ratio Rank: 78
VT Sortino Ratio Rank: 77
VT Omega Ratio Rank: 77
VT Calmar Ratio Rank: 73
VT Martin Ratio Rank: 81

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FDIVX vs. VT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Diversified International Fund (FDIVX) and Vanguard Total World Stock ETF (VT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FDIVX	VT	Difference
Sharpe ratio: Return per unit of total volatility	1.24	1.80	-0.55
Sortino ratio: Return per unit of downside risk	1.82	2.50	-0.68
Omega ratio: Gain probability vs. loss probability	1.23	1.32	-0.10
Calmar ratio: Return relative to maximum drawdown	1.87	2.58	-0.71
Martin ratio: Return relative to average drawdown	7.04	10.76	-3.71

FDIVX vs. VT - Sharpe Ratio Comparison

The current FDIVX Sharpe Ratio is 1.24, which is lower than the VT Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of FDIVX and VT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FDIVX vs. VT - Drawdown Comparison

The maximum FDIVX drawdown since its inception was -60.61%, which is greater than VT's maximum drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for FDIVX and VT.

Drawdown Indicators

	FDIVX	VT	Difference
Max Drawdown Largest peak-to-trough decline	-60.61%	-50.27%	-10.34%
Max Drawdown (1Y) Largest decline over 1 year	-12.38%	-9.67%	-2.71%
Max Drawdown (3Y) Largest decline over 3 years	-14.63%	-16.51%	+1.88%
Max Drawdown (5Y) Largest decline over 5 years	-35.60%	-26.38%	-9.22%
Max Drawdown (10Y) Largest decline over 10 years	-35.60%	-34.24%	-1.36%
Current Drawdown Current decline from peak	-2.76%	-0.73%	-2.03%
Average Drawdown Average peak-to-trough decline	-11.63%	-6.97%	-4.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.29%	2.32%	+0.97%

Volatility

FDIVX vs. VT - Volatility Comparison

Fidelity Diversified International Fund (FDIVX) has a higher volatility of 5.94% compared to Vanguard Total World Stock ETF (VT) at 4.14%. This indicates that FDIVX's price experiences larger fluctuations and is considered to be riskier than VT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDIVX	VT	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.94%	4.14%	+1.80%
Volatility (6M) Calculated over the trailing 6-month period	16.49%	11.69%	+4.80%
Volatility (1Y) Calculated over the trailing 1-year period	18.73%	13.96%	+4.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.52%	16.23%	+1.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.88%	17.19%	-0.31%

FDIVX vs. VT - Expense Ratio Comparison

FDIVX has a 0.66% expense ratio, which is higher than VT's 0.06% expense ratio.

Dividends

FDIVX vs. VT - Dividend Comparison

FDIVX's dividend yield for the trailing twelve months is around 9.53%, more than VT's 1.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDIVX Fidelity Diversified International Fund	9.53%	10.69%	3.93%	4.29%	1.34%	10.59%	0.97%	1.32%	7.32%	4.22%	1.36%	0.46%
VT Vanguard Total World Stock ETF	1.58%	1.82%	1.95%	2.08%	2.20%	1.82%	1.66%	2.32%	2.53%	2.11%	2.39%	2.45%

Frequently Asked Questions

Can I hold both FDIVX and VT in my portfolio?

With a correlation of 0.92, FDIVX and VT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FDIVX or VT?

FDIVX has higher volatility (5.94%) compared to VT (4.14%). In terms of maximum drawdown, FDIVX dropped -60.61% vs VT's -50.27%.

Which has better risk-adjusted returns?

VT currently has the higher Sharpe Ratio (1.80 vs 1.24), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.