FIATX vs. FBTC
Compare and contrast key facts about Fidelity Advisor International Capital Appreciation Fund Class M (FIATX) and Fidelity Wise Origin Bitcoin Trust (FBTC).
FIATX is managed by Fidelity. It was launched on Nov 3, 1997. FBTC is a passively managed fund by Fidelity that tracks the performance of the CME CF Bitcoin Reference Rate - New York Variant. It was launched on Jan 11, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIATX or FBTC.
Correlation
The correlation between FIATX and FBTC is 0.31, 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.
Performance
FIATX vs. FBTC - Performance Comparison
Key characteristics
FIATX:
0.79
FBTC:
1.59
FIATX:
1.19
FBTC:
2.27
FIATX:
1.14
FBTC:
1.26
FIATX:
1.05
FBTC:
3.26
FIATX:
3.07
FBTC:
7.37
FIATX:
3.67%
FBTC:
12.13%
FIATX:
14.22%
FBTC:
56.30%
FIATX:
-65.44%
FBTC:
-27.42%
FIATX:
-0.93%
FBTC:
-7.80%
Returns By Period
In the year-to-date period, FIATX achieves a 7.88% return, which is significantly higher than FBTC's 5.48% return.
FIATX
7.88%
3.97%
4.49%
11.31%
6.52%
7.44%
FBTC
5.48%
-7.27%
63.16%
92.85%
N/A
N/A
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FIATX vs. FBTC - Expense Ratio Comparison
FIATX has a 1.49% expense ratio, which is higher than FBTC's 0.25% expense ratio.
Risk-Adjusted Performance
FIATX vs. FBTC — Risk-Adjusted Performance Rank
FIATX
FBTC
FIATX vs. FBTC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Capital Appreciation Fund Class M (FIATX) and Fidelity Wise Origin Bitcoin Trust (FBTC). 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
FIATX vs. FBTC - Dividend Comparison
FIATX's dividend yield for the trailing twelve months is around 0.32%, while FBTC has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
FIATX Fidelity Advisor International Capital Appreciation Fund Class M | 0.32% | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.20% |
FBTC Fidelity Wise Origin Bitcoin Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FIATX vs. FBTC - Drawdown Comparison
The maximum FIATX drawdown since its inception was -65.44%, which is greater than FBTC's maximum drawdown of -27.42%. Use the drawdown chart below to compare losses from any high point for FIATX and FBTC. For additional features, visit the drawdowns tool.
Volatility
FIATX vs. FBTC - Volatility Comparison
The current volatility for Fidelity Advisor International Capital Appreciation Fund Class M (FIATX) is 3.92%, while Fidelity Wise Origin Bitcoin Trust (FBTC) has a volatility of 9.34%. This indicates that FIATX experiences smaller price fluctuations and is considered to be less risky than FBTC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.