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FHKIX vs. TDF
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FHKIX vs. TDF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor China Region Fund Class I (FHKIX) and Templeton Dragon Fund Inc. (TDF). The values are adjusted to include any dividend payments, if applicable.

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FHKIX vs. TDF - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FHKIX
Fidelity Advisor China Region Fund Class I
5.50%42.60%23.15%-0.28%-23.85%-13.71%47.80%35.11%-17.43%51.93%
TDF
Templeton Dragon Fund Inc.
-4.88%37.70%5.44%-20.06%-32.93%-18.02%52.98%27.97%-11.80%42.09%

Returns By Period

In the year-to-date period, FHKIX achieves a 5.50% return, which is significantly higher than TDF's -4.88% return. Over the past 10 years, FHKIX has outperformed TDF with an annualized return of 12.16%, while TDF has yielded a comparatively lower 4.59% annualized return.


FHKIX

1D
-0.66%
1M
-9.04%
YTD
5.50%
6M
6.28%
1Y
43.84%
3Y*
19.88%
5Y*
2.81%
10Y*
12.16%

TDF

1D
1.82%
1M
-7.19%
YTD
-4.88%
6M
-7.24%
1Y
13.51%
3Y*
2.14%
5Y*
-9.72%
10Y*
4.59%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FHKIX vs. TDF - Expense Ratio Comparison


Return for Risk

FHKIX vs. TDF — Risk / Return Rank

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

FHKIX
FHKIX Risk / Return Rank: 8888
Overall Rank
FHKIX Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
FHKIX Sortino Ratio Rank: 8888
Sortino Ratio Rank
FHKIX Omega Ratio Rank: 8585
Omega Ratio Rank
FHKIX Calmar Ratio Rank: 9090
Calmar Ratio Rank
FHKIX Martin Ratio Rank: 8989
Martin Ratio Rank

TDF
TDF Risk / Return Rank: 2323
Overall Rank
TDF Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
TDF Sortino Ratio Rank: 2222
Sortino Ratio Rank
TDF Omega Ratio Rank: 2222
Omega Ratio Rank
TDF Calmar Ratio Rank: 2626
Calmar Ratio Rank
TDF Martin Ratio Rank: 2323
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.

FHKIX vs. TDF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor China Region Fund Class I (FHKIX) and Templeton Dragon Fund Inc. (TDF). 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.


FHKIXTDFDifference

Sharpe ratio

Return per unit of total volatility

1.87

0.63

+1.24

Sortino ratio

Return per unit of downside risk

2.41

0.95

+1.46

Omega ratio

Gain probability vs. loss probability

1.35

1.14

+0.21

Calmar ratio

Return relative to maximum drawdown

2.51

0.78

+1.74

Martin ratio

Return relative to average drawdown

9.74

2.60

+7.14

FHKIX vs. TDF - Sharpe Ratio Comparison

The current FHKIX Sharpe Ratio is 1.87, which is higher than the TDF Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of FHKIX and TDF, 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


FHKIXTDFDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.87

0.63

+1.24

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.12

-0.36

+0.48

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

0.19

+0.36

Sharpe Ratio (All Time)

Calculated using the full available price history

0.33

0.29

+0.04

Correlation

The correlation between FHKIX and TDF is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

FHKIX vs. TDF - Dividend Comparison

FHKIX's dividend yield for the trailing twelve months is around 1.74%, less than TDF's 3.77% yield.


TTM20252024202320222021202020192018201720162015
FHKIX
Fidelity Advisor China Region Fund Class I
1.74%1.84%1.44%1.89%1.04%10.81%4.90%0.65%0.79%0.44%1.40%15.62%
TDF
Templeton Dragon Fund Inc.
3.77%3.55%1.36%0.00%12.73%14.13%24.72%10.75%12.43%7.95%10.34%22.49%

Drawdowns

FHKIX vs. TDF - Drawdown Comparison

The maximum FHKIX drawdown since its inception was -58.42%, smaller than the maximum TDF drawdown of -68.15%. Use the drawdown chart below to compare losses from any high point for FHKIX and TDF.


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Drawdown Indicators


FHKIXTDFDifference

Max Drawdown

Largest peak-to-trough decline

-58.42%

-68.15%

+9.73%

Max Drawdown (1Y)

Largest decline over 1 year

-15.94%

-16.05%

+0.11%

Max Drawdown (5Y)

Largest decline over 5 years

-53.83%

-62.07%

+8.24%

Max Drawdown (10Y)

Largest decline over 10 years

-58.42%

-66.87%

+8.45%

Current Drawdown

Current decline from peak

-10.80%

-48.36%

+37.56%

Average Drawdown

Average peak-to-trough decline

-18.84%

-22.44%

+3.60%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.11%

4.80%

-0.69%

Volatility

FHKIX vs. TDF - Volatility Comparison

Fidelity Advisor China Region Fund Class I (FHKIX) has a higher volatility of 9.27% compared to Templeton Dragon Fund Inc. (TDF) at 6.03%. This indicates that FHKIX's price experiences larger fluctuations and is considered to be riskier than TDF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FHKIXTDFDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.27%

6.03%

+3.24%

Volatility (6M)

Calculated over the trailing 6-month period

16.45%

12.48%

+3.97%

Volatility (1Y)

Calculated over the trailing 1-year period

23.16%

21.72%

+1.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.95%

27.18%

-3.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.09%

23.88%

-1.79%