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FGBPX vs. FCPIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FGBPX vs. FCPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Investment Grade Bond Fund Class I (FGBPX) and Fidelity Advisor International Capital Appreciation Fund Class I (FCPIX). The values are adjusted to include any dividend payments, if applicable.

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FGBPX vs. FCPIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FGBPX
Fidelity Advisor Investment Grade Bond Fund Class I
-0.37%7.16%0.89%6.08%-14.07%-1.15%9.99%9.63%-0.39%3.85%
FCPIX
Fidelity Advisor International Capital Appreciation Fund Class I
-8.16%18.68%8.02%27.64%-26.55%12.26%22.23%32.75%-12.79%35.88%

Returns By Period

In the year-to-date period, FGBPX achieves a -0.37% return, which is significantly higher than FCPIX's -8.16% return. Over the past 10 years, FGBPX has underperformed FCPIX with an annualized return of 2.15%, while FCPIX has yielded a comparatively higher 8.73% annualized return.


FGBPX

1D
0.56%
1M
-2.29%
YTD
-0.37%
6M
0.34%
1Y
3.72%
3Y*
3.39%
5Y*
0.11%
10Y*
2.15%

FCPIX

1D
-0.51%
1M
-13.01%
YTD
-8.16%
6M
-8.47%
1Y
6.49%
3Y*
9.73%
5Y*
4.42%
10Y*
8.73%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FGBPX vs. FCPIX - Expense Ratio Comparison

FGBPX has a 0.49% expense ratio, which is lower than FCPIX's 0.97% expense ratio.


Return for Risk

FGBPX vs. FCPIX — Risk / Return Rank

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

FGBPX
FGBPX Risk / Return Rank: 5151
Overall Rank
FGBPX Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
FGBPX Sortino Ratio Rank: 4949
Sortino Ratio Rank
FGBPX Omega Ratio Rank: 3434
Omega Ratio Rank
FGBPX Calmar Ratio Rank: 7474
Calmar Ratio Rank
FGBPX Martin Ratio Rank: 5050
Martin Ratio Rank

FCPIX
FCPIX Risk / Return Rank: 1212
Overall Rank
FCPIX Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
FCPIX Sortino Ratio Rank: 1212
Sortino Ratio Rank
FCPIX Omega Ratio Rank: 1212
Omega Ratio Rank
FCPIX Calmar Ratio Rank: 1212
Calmar Ratio Rank
FCPIX Martin Ratio Rank: 1313
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.

FGBPX vs. FCPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Investment Grade Bond Fund Class I (FGBPX) and Fidelity Advisor International Capital Appreciation Fund Class I (FCPIX). 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.


FGBPXFCPIXDifference

Sharpe ratio

Return per unit of total volatility

0.95

0.29

+0.67

Sortino ratio

Return per unit of downside risk

1.40

0.54

+0.85

Omega ratio

Gain probability vs. loss probability

1.17

1.07

+0.09

Calmar ratio

Return relative to maximum drawdown

1.71

0.29

+1.43

Martin ratio

Return relative to average drawdown

4.92

1.15

+3.77

FGBPX vs. FCPIX - Sharpe Ratio Comparison

The current FGBPX Sharpe Ratio is 0.95, which is higher than the FCPIX Sharpe Ratio of 0.29. The chart below compares the historical Sharpe Ratios of FGBPX and FCPIX, 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


FGBPXFCPIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.95

0.29

+0.67

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.02

0.24

-0.22

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.43

0.49

-0.06

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.36

+0.16

Correlation

The correlation between FGBPX and FCPIX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

FGBPX vs. FCPIX - Dividend Comparison

FGBPX's dividend yield for the trailing twelve months is around 3.54%, less than FCPIX's 5.92% yield.


TTM20252024202320222021202020192018201720162015
FGBPX
Fidelity Advisor Investment Grade Bond Fund Class I
3.54%3.83%3.29%3.19%1.92%1.32%4.76%2.71%2.82%2.12%2.67%2.61%
FCPIX
Fidelity Advisor International Capital Appreciation Fund Class I
5.92%5.44%0.70%0.36%0.00%3.79%0.11%0.54%0.54%0.21%0.37%0.24%

Drawdowns

FGBPX vs. FCPIX - Drawdown Comparison

The maximum FGBPX drawdown since its inception was -18.75%, smaller than the maximum FCPIX drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for FGBPX and FCPIX.


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Drawdown Indicators


FGBPXFCPIXDifference

Max Drawdown

Largest peak-to-trough decline

-18.75%

-67.79%

+49.04%

Max Drawdown (1Y)

Largest decline over 1 year

-2.88%

-14.45%

+11.57%

Max Drawdown (5Y)

Largest decline over 5 years

-18.75%

-37.24%

+18.49%

Max Drawdown (10Y)

Largest decline over 10 years

-18.75%

-37.24%

+18.49%

Current Drawdown

Current decline from peak

-2.98%

-14.45%

+11.47%

Average Drawdown

Average peak-to-trough decline

-4.81%

-15.84%

+11.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.00%

3.60%

-2.60%

Volatility

FGBPX vs. FCPIX - Volatility Comparison

The current volatility for Fidelity Advisor Investment Grade Bond Fund Class I (FGBPX) is 1.60%, while Fidelity Advisor International Capital Appreciation Fund Class I (FCPIX) has a volatility of 7.72%. This indicates that FGBPX experiences smaller price fluctuations and is considered to be less risky than FCPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FGBPXFCPIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.60%

7.72%

-6.12%

Volatility (6M)

Calculated over the trailing 6-month period

2.71%

12.32%

-9.61%

Volatility (1Y)

Calculated over the trailing 1-year period

4.58%

19.46%

-14.88%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.97%

18.45%

-12.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.98%

17.81%

-12.83%