FDVAX vs. FTIHX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor Diversified International Fund Class A (FDVAX) and Fidelity Total International Index Fund (FTIHX).

FDVAX is managed by Fidelity. It was launched on Dec 17, 1998. FTIHX is a passively managed fund by Fidelity that tracks the performance of the MSCI ACWI (All Country World Index) ex USA Investable Market Index. It was launched on Jun 7, 2016.

Performance

FDVAX vs. FTIHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Diversified International Fund Class A (FDVAX) and Fidelity Total International Index Fund (FTIHX). The values are adjusted to include any dividend payments, if applicable.

FDVAX vs. FTIHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDVAX Fidelity Advisor Diversified International Fund Class A	-0.80%	27.23%	6.15%	17.14%	-23.91%	12.67%	19.28%	29.50%	-15.61%	25.69%
FTIHX Fidelity Total International Index Fund	1.79%	32.59%	4.98%	15.49%	-16.29%	8.45%	11.09%	21.50%	-14.40%	25.88%

Returns By Period

In the year-to-date period, FDVAX achieves a -0.80% return, which is significantly lower than FTIHX's 1.79% return.

FDVAX

• 1D: 3.27%
• 1M: -7.33%
• YTD: -0.80%
• 6M: 3.04%
• 1Y: 19.66%
• 3Y*: 13.00%
• 5Y*: 5.79%
• 10Y*: 8.27%

FTIHX

• 1D: 2.98%
• 1M: -7.01%
• YTD: 1.79%
• 6M: 5.81%
• 1Y: 27.20%
• 3Y*: 15.30%
• 5Y*: 7.14%
• 10Y*: —

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

FDVAX vs. FTIHX - Expense Ratio Comparison

FDVAX has a 1.16% expense ratio, which is higher than FTIHX's 0.06% expense ratio.

FDVAX

Fidelity Advisor Diversified International Fund Class A

FTIHX

Fidelity Total International Index Fund

Return for Risk

FDVAX vs. FTIHX — Risk / Return Rank

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

FDVAX

FDVAX Risk / Return Rank: 48
FDVAX Sharpe Ratio Rank: 49
FDVAX Sortino Ratio Rank: 48
FDVAX Omega Ratio Rank: 45
FDVAX Calmar Ratio Rank: 50
FDVAX Martin Ratio Rank: 50

FTIHX

FTIHX Risk / Return Rank: 86
FTIHX Sharpe Ratio Rank: 87
FTIHX Sortino Ratio Rank: 86
FTIHX Omega Ratio Rank: 85
FTIHX Calmar Ratio Rank: 88
FTIHX Martin Ratio Rank: 87

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.

FDVAX vs. FTIHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified International Fund Class A (FDVAX) and Fidelity Total International Index Fund (FTIHX). 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.

	FDVAX	FTIHX	Difference
Sharpe ratio Return per unit of total volatility	1.07	1.74	-0.67
Sortino ratio Return per unit of downside risk	1.54	2.32	-0.78
Omega ratio Gain probability vs. loss probability	1.22	1.35	-0.13
Calmar ratio Return relative to maximum drawdown	1.48	2.38	-0.90
Martin ratio Return relative to average drawdown	5.83	9.30	-3.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDVAX vs. FTIHX - Sharpe Ratio Comparison

The current FDVAX Sharpe Ratio is 1.07, which is lower than the FTIHX Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of FDVAX and FTIHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FDVAX	FTIHX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.07	1.74	-0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	0.48	-0.13
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.49	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	0.56	-0.17

Correlation

The correlation between FDVAX and FTIHX is 0.94, 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

FDVAX vs. FTIHX - Dividend Comparison

FDVAX's dividend yield for the trailing twelve months is around 14.07%, more than FTIHX's 2.73% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDVAX Fidelity Advisor Diversified International Fund Class A	14.07%	13.96%	6.25%	4.08%	1.90%	10.70%	0.00%	1.35%	4.76%	0.30%	1.23%	0.64%
FTIHX Fidelity Total International Index Fund	2.73%	2.78%	2.88%	2.78%	2.51%	2.55%	1.62%	2.61%	2.21%	0.45%	0.47%	0.00%

Drawdowns

FDVAX vs. FTIHX - Drawdown Comparison

The maximum FDVAX drawdown since its inception was -61.34%, which is greater than FTIHX's maximum drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for FDVAX and FTIHX.

Drawdown Indicators

	FDVAX	FTIHX	Difference
Max Drawdown Largest peak-to-trough decline	-61.34%	-35.75%	-25.59%
Max Drawdown (1Y) Largest decline over 1 year	-12.59%	-11.25%	-1.34%
Max Drawdown (5Y) Largest decline over 5 years	-35.44%	-29.99%	-5.45%
Max Drawdown (10Y) Largest decline over 10 years	-35.44%	—	—
Current Drawdown Current decline from peak	-9.56%	-8.61%	-0.95%
Average Drawdown Average peak-to-trough decline	-13.68%	-7.31%	-6.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.20%	2.88%	+0.32%

Volatility

FDVAX vs. FTIHX - Volatility Comparison

Fidelity Advisor Diversified International Fund Class A (FDVAX) has a higher volatility of 8.86% compared to Fidelity Total International Index Fund (FTIHX) at 7.78%. This indicates that FDVAX's price experiences larger fluctuations and is considered to be riskier than FTIHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDVAX	FTIHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.86%	7.78%	+1.08%
Volatility (6M) Calculated over the trailing 6-month period	12.64%	11.04%	+1.60%
Volatility (1Y) Calculated over the trailing 1-year period	18.98%	16.05%	+2.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.82%	15.09%	+1.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.91%	16.02%	+0.89%