FIASX vs. QQQ
Compare and contrast key facts about Fidelity Advisor International Small Cap Fund Class A (FIASX) and Invesco QQQ (QQQ).
FIASX is managed by Fidelity. It was launched on May 27, 2003. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIASX or QQQ.
Correlation
The correlation between FIASX and QQQ is 0.56, 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.
Performance
FIASX vs. QQQ - Performance Comparison
Key characteristics
FIASX:
0.42
QQQ:
1.30
FIASX:
0.64
QQQ:
1.78
FIASX:
1.08
QQQ:
1.24
FIASX:
0.41
QQQ:
1.76
FIASX:
0.97
QQQ:
6.08
FIASX:
4.68%
QQQ:
3.92%
FIASX:
10.91%
QQQ:
18.35%
FIASX:
-58.98%
QQQ:
-82.98%
FIASX:
-5.06%
QQQ:
-2.49%
Returns By Period
In the year-to-date period, FIASX achieves a 4.18% return, which is significantly higher than QQQ's 2.90% return. Over the past 10 years, FIASX has underperformed QQQ with an annualized return of 5.24%, while QQQ has yielded a comparatively higher 18.06% annualized return.
FIASX
4.18%
3.11%
-3.80%
3.73%
4.89%
5.24%
QQQ
2.90%
-1.02%
9.93%
20.80%
18.77%
18.06%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIASX vs. QQQ - Expense Ratio Comparison
FIASX has a 1.29% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
FIASX vs. QQQ — Risk-Adjusted Performance Rank
FIASX
QQQ
FIASX vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Small Cap Fund Class A (FIASX) and Invesco QQQ (QQQ). 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.
Dividends
FIASX vs. QQQ - Dividend Comparison
FIASX's dividend yield for the trailing twelve months is around 2.31%, more than QQQ's 0.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIASX Fidelity Advisor International Small Cap Fund Class A | 2.31% | 2.40% | 1.67% | 0.42% | 2.37% | 0.56% | 1.60% | 1.64% | 0.78% | 1.20% | 5.15% | 17.65% |
QQQ Invesco QQQ | 0.54% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
FIASX vs. QQQ - Drawdown Comparison
The maximum FIASX drawdown since its inception was -58.98%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FIASX and QQQ. For additional features, visit the drawdowns tool.
Volatility
FIASX vs. QQQ - Volatility Comparison
The current volatility for Fidelity Advisor International Small Cap Fund Class A (FIASX) is 2.43%, while Invesco QQQ (QQQ) has a volatility of 5.02%. This indicates that FIASX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.