FEUIX vs. PRGSX

Last updated Jun 4, 2026

FEUIX (Fidelity Advisor Global Capital Appreciation Fund Class I) and PRGSX (T. Rowe Price Global Stock Fund) are both Global Equities funds. Over the past 10 years, FEUIX returned 13.72%/yr vs 16.95%/yr for PRGSX. Their correlation of 0.93 suggests significant overlap in exposure. Both charge a 0.82% expense ratio.

Performance

FEUIX vs. PRGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Global Capital Appreciation Fund Class I (FEUIX) and T. Rowe Price Global Stock Fund (PRGSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FEUIX achieves a 13.76% return, which is significantly lower than PRGSX's 23.78% return. Over the past 10 years, FEUIX has underperformed PRGSX with an annualized return of 13.72%, while PRGSX has yielded a comparatively higher 16.95% annualized return.

FEUIX

• 1D: 0.51%
• 1M: 6.46%
• YTD: 13.76%
• 6M: 15.31%
• 1Y: 31.50%
• 3Y*: 27.32%
• 5Y*: 14.98%
• 10Y*: 13.72%

PRGSX

• 1D: 1.03%
• 1M: 10.17%
• YTD: 23.78%
• 6M: 24.65%
• 1Y: 44.27%
• 3Y*: 24.53%
• 5Y*: 10.12%
• 10Y*: 16.95%

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

FEUIX vs. PRGSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FEUIX Fidelity Advisor Global Capital Appreciation Fund Class I	13.76%	18.17%	37.92%	28.93%	-24.46%	19.28%	24.80%	23.17%	-17.94%	30.06%
PRGSX T. Rowe Price Global Stock Fund	23.78%	21.42%	16.80%	25.70%	-28.01%	9.81%	52.29%	35.84%	-4.51%	32.64%

Correlation

The correlation between FEUIX and PRGSX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Dec 18, 1998	0.93

The correlation between FEUIX and PRGSX has been stable across timeframes, ranging from 0.93 to 0.94 - a consistent structural relationship.

Return for Risk

FEUIX vs. PRGSX — Risk / Return Rank

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

FEUIX

FEUIX Risk / Return Rank: 43
FEUIX Sharpe Ratio Rank: 43
FEUIX Sortino Ratio Rank: 39
FEUIX Omega Ratio Rank: 41
FEUIX Calmar Ratio Rank: 42
FEUIX Martin Ratio Rank: 49

PRGSX

PRGSX Risk / Return Rank: 69
PRGSX Sharpe Ratio Rank: 73
PRGSX Sortino Ratio Rank: 59
PRGSX Omega Ratio Rank: 61
PRGSX Calmar Ratio Rank: 77
PRGSX Martin Ratio Rank: 75

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.

FEUIX vs. PRGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Global Capital Appreciation Fund Class I (FEUIX) and T. Rowe Price Global Stock Fund (PRGSX). 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.

	FEUIX	PRGSX	Difference
Sharpe ratio: Return per unit of total volatility	1.94	2.48	-0.54
Sortino ratio: Return per unit of downside risk	2.61	3.23	-0.62
Omega ratio: Gain probability vs. loss probability	1.35	1.44	-0.09
Calmar ratio: Return relative to maximum drawdown	2.47	3.48	-1.01
Martin ratio: Return relative to average drawdown	10.05	14.22	-4.17
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FEUIX vs. PRGSX - Sharpe Ratio Comparison

The current FEUIX Sharpe Ratio is 1.94, which is comparable to the PRGSX Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of FEUIX and PRGSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FEUIX	PRGSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.94	2.48	-0.54
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.52	+0.28
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	0.86	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.53	-0.10

Drawdowns

FEUIX vs. PRGSX - Drawdown Comparison

The maximum FEUIX drawdown since its inception was -61.64%, roughly equal to the maximum PRGSX drawdown of -64.06%. Use the drawdown chart below to compare losses from any high point for FEUIX and PRGSX.

Drawdown Indicators

	FEUIX	PRGSX	Difference
Max Drawdown Largest peak-to-trough decline	-61.64%	-64.06%	+2.42%
Max Drawdown (1Y) Largest decline over 1 year	-12.97%	-12.77%	-0.20%
Max Drawdown (3Y) Largest decline over 3 years	-19.38%	-21.13%	+1.75%
Max Drawdown (5Y) Largest decline over 5 years	-32.73%	-38.11%	+5.38%
Max Drawdown (10Y) Largest decline over 10 years	-32.73%	-38.11%	+5.38%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-12.97%	-13.48%	+0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	3.11%	+0.07%

Volatility

FEUIX vs. PRGSX - Volatility Comparison

The current volatility for Fidelity Advisor Global Capital Appreciation Fund Class I (FEUIX) is 5.07%, while T. Rowe Price Global Stock Fund (PRGSX) has a volatility of 5.50%. This indicates that FEUIX experiences smaller price fluctuations and is considered to be less risky than PRGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEUIX	PRGSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.07%	5.50%	-0.43%
Volatility (6M) Calculated over the trailing 6-month period	13.38%	14.84%	-1.46%
Volatility (1Y) Calculated over the trailing 1-year period	16.54%	17.93%	-1.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.87%	19.66%	-0.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.56%	19.77%	-1.21%

FEUIX vs. PRGSX - Expense Ratio Comparison

Both FEUIX and PRGSX have an expense ratio of 0.82%.

Dividends

FEUIX vs. PRGSX - Dividend Comparison

FEUIX's dividend yield for the trailing twelve months is around 7.74%, which matches PRGSX's 7.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FEUIX Fidelity Advisor Global Capital Appreciation Fund Class I	7.74%	8.80%	13.61%	6.28%	0.00%	7.49%	0.00%	0.64%	10.42%	13.00%	0.98%	0.55%
PRGSX T. Rowe Price Global Stock Fund	7.76%	9.60%	6.73%	0.27%	0.00%	13.67%	5.67%	2.21%	5.81%	0.03%	0.63%	0.33%

Frequently Asked Questions

Can I hold both FEUIX and PRGSX in my portfolio?

With a correlation of 0.94, FEUIX and PRGSX 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, FEUIX or PRGSX?

PRGSX has higher volatility (5.50%) compared to FEUIX (5.07%). In terms of maximum drawdown, FEUIX dropped -61.64% vs PRGSX's -64.06%.

Which has better risk-adjusted returns?

PRGSX currently has the higher Sharpe Ratio (2.48 vs 1.94), 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.