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FHKAX vs. FSKAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FHKAX and FSKAX is 0.57, 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.


-0.50.00.51.00.6

Performance

FHKAX vs. FSKAX - Performance Comparison

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

-5.00%0.00%5.00%10.00%15.00%20.00%SeptemberOctoberNovemberDecember2025February
17.60%
7.35%
FHKAX
FSKAX

Key characteristics

Sharpe Ratio

FHKAX:

1.68

FSKAX:

1.64

Sortino Ratio

FHKAX:

2.40

FSKAX:

2.23

Omega Ratio

FHKAX:

1.30

FSKAX:

1.30

Calmar Ratio

FHKAX:

0.71

FSKAX:

2.52

Martin Ratio

FHKAX:

5.07

FSKAX:

9.94

Ulcer Index

FHKAX:

7.12%

FSKAX:

2.18%

Daily Std Dev

FHKAX:

21.50%

FSKAX:

13.20%

Max Drawdown

FHKAX:

-62.60%

FSKAX:

-35.01%

Current Drawdown

FHKAX:

-33.75%

FSKAX:

-2.39%

Returns By Period

In the year-to-date period, FHKAX achieves a 10.97% return, which is significantly higher than FSKAX's 2.15% return. Over the past 10 years, FHKAX has underperformed FSKAX with an annualized return of 5.60%, while FSKAX has yielded a comparatively higher 12.12% annualized return.


FHKAX

YTD

10.97%

1M

9.52%

6M

17.60%

1Y

33.20%

5Y*

2.34%

10Y*

5.60%

FSKAX

YTD

2.15%

1M

-1.58%

6M

7.35%

1Y

19.22%

5Y*

13.50%

10Y*

12.12%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FHKAX vs. FSKAX - Expense Ratio Comparison

FHKAX has a 1.21% expense ratio, which is higher than FSKAX's 0.02% expense ratio.


FHKAX
Fidelity Advisor China Region Fund Class A
Expense ratio chart for FHKAX: current value at 1.21% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.21%
Expense ratio chart for FSKAX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

FHKAX vs. FSKAX — Risk-Adjusted Performance Rank

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

FHKAX
The Risk-Adjusted Performance Rank of FHKAX is 7272
Overall Rank
The Sharpe Ratio Rank of FHKAX is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of FHKAX is 8282
Sortino Ratio Rank
The Omega Ratio Rank of FHKAX is 8080
Omega Ratio Rank
The Calmar Ratio Rank of FHKAX is 5353
Calmar Ratio Rank
The Martin Ratio Rank of FHKAX is 6464
Martin Ratio Rank

FSKAX
The Risk-Adjusted Performance Rank of FSKAX is 8383
Overall Rank
The Sharpe Ratio Rank of FSKAX is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of FSKAX is 7979
Sortino Ratio Rank
The Omega Ratio Rank of FSKAX is 8080
Omega Ratio Rank
The Calmar Ratio Rank of FSKAX is 8888
Calmar Ratio Rank
The Martin Ratio Rank of FSKAX is 8888
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FHKAX vs. FSKAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor China Region Fund Class A (FHKAX) and Fidelity Total Market Index Fund (FSKAX). 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.


Sharpe ratio
The chart of Sharpe ratio for FHKAX, currently valued at 1.68, compared to the broader market-1.000.001.002.003.004.001.681.64
The chart of Sortino ratio for FHKAX, currently valued at 2.40, compared to the broader market0.002.004.006.008.0010.0012.002.402.23
The chart of Omega ratio for FHKAX, currently valued at 1.30, compared to the broader market1.002.003.004.001.301.30
The chart of Calmar ratio for FHKAX, currently valued at 0.71, compared to the broader market0.005.0010.0015.0020.000.712.52
The chart of Martin ratio for FHKAX, currently valued at 5.07, compared to the broader market0.0020.0040.0060.0080.005.079.94
FHKAX
FSKAX

The current FHKAX Sharpe Ratio is 1.68, which is comparable to the FSKAX Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of FHKAX and FSKAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00SeptemberOctoberNovemberDecember2025February
1.68
1.64
FHKAX
FSKAX

Dividends

FHKAX vs. FSKAX - Dividend Comparison

FHKAX's dividend yield for the trailing twelve months is around 1.10%, less than FSKAX's 1.16% yield.


TTM20242023202220212020201920182017201620152014
FHKAX
Fidelity Advisor China Region Fund Class A
1.10%1.22%1.58%0.59%0.00%0.79%0.38%0.39%0.21%0.77%16.40%15.41%
FSKAX
Fidelity Total Market Index Fund
1.16%1.19%1.41%1.62%1.15%1.45%1.80%2.06%1.66%1.82%1.96%1.63%

Drawdowns

FHKAX vs. FSKAX - Drawdown Comparison

The maximum FHKAX drawdown since its inception was -62.60%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FHKAX and FSKAX. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%SeptemberOctoberNovemberDecember2025February
-33.75%
-2.39%
FHKAX
FSKAX

Volatility

FHKAX vs. FSKAX - Volatility Comparison

Fidelity Advisor China Region Fund Class A (FHKAX) has a higher volatility of 6.16% compared to Fidelity Total Market Index Fund (FSKAX) at 3.55%. This indicates that FHKAX's price experiences larger fluctuations and is considered to be riskier than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%SeptemberOctoberNovemberDecember2025February
6.16%
3.55%
FHKAX
FSKAX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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