FHKAX vs. GLD
Compare and contrast key facts about Fidelity Advisor China Region Fund Class A (FHKAX) and SPDR Gold Shares (GLD).
FHKAX is managed by Fidelity. It was launched on May 9, 2008. GLD is a passively managed fund by State Street that tracks the performance of the LBMA Gold Price PM. It was launched on Nov 18, 2004.
Performance
FHKAX vs. GLD - Performance Comparison
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FHKAX vs. GLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FHKAX Fidelity Advisor China Region Fund Class A | 5.42% | 42.19% | 22.84% | -0.60% | -24.09% | -13.95% | 47.37% | 34.71% | -17.67% | 51.46% |
GLD SPDR Gold Shares | 8.57% | 63.68% | 26.66% | 12.69% | -0.77% | -4.15% | 24.81% | 17.86% | -1.94% | 12.81% |
Returns By Period
In the year-to-date period, FHKAX achieves a 5.42% return, which is significantly lower than GLD's 8.57% return. Over the past 10 years, FHKAX has underperformed GLD with an annualized return of 11.83%, while GLD has yielded a comparatively higher 13.92% annualized return.
FHKAX
- 1D
- -0.67%
- 1M
- -9.06%
- YTD
- 5.42%
- 6M
- 6.13%
- 1Y
- 43.43%
- 3Y*
- 19.54%
- 5Y*
- 2.51%
- 10Y*
- 11.83%
GLD
- 1D
- 3.79%
- 1M
- -11.05%
- YTD
- 8.57%
- 6M
- 21.05%
- 1Y
- 49.33%
- 3Y*
- 32.92%
- 5Y*
- 21.58%
- 10Y*
- 13.92%
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FHKAX vs. GLD - Expense Ratio Comparison
FHKAX has a 1.21% expense ratio, which is higher than GLD's 0.40% expense ratio.
Return for Risk
FHKAX vs. GLD — Risk / Return Rank
FHKAX
GLD
FHKAX vs. GLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor China Region Fund Class A (FHKAX) and SPDR Gold Shares (GLD). 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.
| FHKAX | GLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.85 | 1.79 | +0.07 |
Sortino ratioReturn per unit of downside risk | 2.39 | 2.21 | +0.18 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.33 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.48 | 2.68 | -0.20 |
Martin ratioReturn relative to average drawdown | 9.62 | 9.90 | -0.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FHKAX | GLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.85 | 1.79 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.11 | 1.22 | -1.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.88 | -0.34 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.62 | -0.31 |
Correlation
The correlation between FHKAX and GLD is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FHKAX vs. GLD - Dividend Comparison
FHKAX's dividend yield for the trailing twelve months is around 1.51%, while GLD has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHKAX Fidelity Advisor China Region Fund Class A | 1.51% | 1.59% | 1.22% | 1.58% | 0.59% | 10.80% | 4.71% | 0.38% | 0.39% | 0.21% | 0.99% | 15.33% |
GLD SPDR Gold Shares | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FHKAX vs. GLD - Drawdown Comparison
The maximum FHKAX drawdown since its inception was -58.62%, which is greater than GLD's maximum drawdown of -45.56%. Use the drawdown chart below to compare losses from any high point for FHKAX and GLD.
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Drawdown Indicators
| FHKAX | GLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.62% | -45.56% | -13.06% |
Max Drawdown (1Y)Largest decline over 1 year | -15.97% | -19.21% | +3.24% |
Max Drawdown (5Y)Largest decline over 5 years | -54.04% | -21.03% | -33.01% |
Max Drawdown (10Y)Largest decline over 10 years | -58.62% | -22.00% | -36.62% |
Current DrawdownCurrent decline from peak | -10.83% | -13.23% | +2.40% |
Average DrawdownAverage peak-to-trough decline | -19.15% | -16.17% | -2.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.12% | 5.20% | -1.08% |
Volatility
FHKAX vs. GLD - Volatility Comparison
The current volatility for Fidelity Advisor China Region Fund Class A (FHKAX) is 9.26%, while SPDR Gold Shares (GLD) has a volatility of 11.06%. This indicates that FHKAX experiences smaller price fluctuations and is considered to be less risky than GLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHKAX | GLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.26% | 11.06% | -1.80% |
Volatility (6M)Calculated over the trailing 6-month period | 16.44% | 24.30% | -7.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.16% | 27.80% | -4.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.95% | 17.74% | +6.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.09% | 15.87% | +6.22% |