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FERCX vs. FSPSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FERCX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Emerging Asia Fund Class C (FERCX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

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FERCX vs. FSPSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FERCX
Fidelity Advisor Emerging Asia Fund Class C
0.65%35.65%19.76%12.64%-31.29%-15.75%71.24%29.64%-15.72%45.46%
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, FERCX achieves a 0.65% return, which is significantly higher than FSPSX's -1.94% return. Over the past 10 years, FERCX has outperformed FSPSX with an annualized return of 11.57%, while FSPSX has yielded a comparatively lower 8.65% annualized return.


FERCX

1D
-1.12%
1M
-12.60%
YTD
0.65%
6M
1.94%
1Y
32.91%
3Y*
19.60%
5Y*
1.38%
10Y*
11.57%

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

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FERCX vs. FSPSX - Expense Ratio Comparison

FERCX has a 1.96% expense ratio, which is higher than FSPSX's 0.04% expense ratio.


Return for Risk

FERCX vs. FSPSX — Risk / Return Rank

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

FERCX
FERCX Risk / Return Rank: 8181
Overall Rank
FERCX Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
FERCX Sortino Ratio Rank: 8181
Sortino Ratio Rank
FERCX Omega Ratio Rank: 7878
Omega Ratio Rank
FERCX Calmar Ratio Rank: 8585
Calmar Ratio Rank
FERCX Martin Ratio Rank: 8080
Martin Ratio Rank

FSPSX
FSPSX Risk / Return Rank: 6464
Overall Rank
FSPSX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
FSPSX Sortino Ratio Rank: 6262
Sortino Ratio Rank
FSPSX Omega Ratio Rank: 6060
Omega Ratio Rank
FSPSX Calmar Ratio Rank: 6969
Calmar Ratio Rank
FSPSX Martin Ratio Rank: 6363
Martin Ratio Rank
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.

FERCX vs. FSPSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Emerging Asia Fund Class C (FERCX) 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.


FERCXFSPSXDifference

Sharpe ratio

Return per unit of total volatility

1.58

1.11

+0.46

Sortino ratio

Return per unit of downside risk

2.10

1.56

+0.55

Omega ratio

Gain probability vs. loss probability

1.31

1.23

+0.08

Calmar ratio

Return relative to maximum drawdown

2.15

1.54

+0.61

Martin ratio

Return relative to average drawdown

7.79

5.93

+1.87

FERCX vs. FSPSX - Sharpe Ratio Comparison

The current FERCX Sharpe Ratio is 1.58, which is higher than the FSPSX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of FERCX and FSPSX, 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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Sharpe Ratios by Period


FERCXFSPSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.58

1.11

+0.46

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.06

0.51

-0.45

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.53

+0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.40

0.46

-0.06

Correlation

The correlation between FERCX and FSPSX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FERCX vs. FSPSX - Dividend Comparison

FERCX has not paid dividends to shareholders, while FSPSX's dividend yield for the trailing twelve months is around 3.22%.


TTM20252024202320222021202020192018201720162015
FERCX
Fidelity Advisor Emerging Asia Fund Class C
0.00%0.00%0.00%0.00%0.00%14.89%7.03%5.13%6.53%0.03%0.56%0.92%
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

FERCX vs. FSPSX - Drawdown Comparison

The maximum FERCX drawdown since its inception was -61.15%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FERCX and FSPSX.


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Drawdown Indicators


FERCXFSPSXDifference

Max Drawdown

Largest peak-to-trough decline

-61.15%

-33.69%

-27.46%

Max Drawdown (1Y)

Largest decline over 1 year

-13.62%

-11.39%

-2.23%

Max Drawdown (5Y)

Largest decline over 5 years

-53.94%

-29.41%

-24.53%

Max Drawdown (10Y)

Largest decline over 10 years

-58.44%

-33.69%

-24.75%

Current Drawdown

Current decline from peak

-13.62%

-10.86%

-2.76%

Average Drawdown

Average peak-to-trough decline

-21.34%

-6.59%

-14.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.76%

2.96%

+0.80%

Volatility

FERCX vs. FSPSX - Volatility Comparison

Fidelity Advisor Emerging Asia Fund Class C (FERCX) has a higher volatility of 9.62% compared to Fidelity International Index Fund (FSPSX) at 7.04%. This indicates that FERCX'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


FERCXFSPSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.62%

7.04%

+2.58%

Volatility (6M)

Calculated over the trailing 6-month period

14.64%

10.63%

+4.01%

Volatility (1Y)

Calculated over the trailing 1-year period

20.30%

16.79%

+3.51%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.56%

15.77%

+6.79%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.71%

16.47%

+4.24%