FIATX vs. QQQ
Compare and contrast key facts about Fidelity Advisor International Capital Appreciation Fund Class M (FIATX) and Invesco QQQ (QQQ).
FIATX is managed by Fidelity. It was launched on Nov 3, 1997. 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: FIATX or QQQ.
Correlation
The correlation between FIATX and QQQ is 0.64, 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
FIATX vs. QQQ - Performance Comparison
Key characteristics
FIATX:
0.80
QQQ:
1.37
FIATX:
1.20
QQQ:
1.86
FIATX:
1.14
QQQ:
1.25
FIATX:
1.05
QQQ:
1.84
FIATX:
3.10
QQQ:
6.35
FIATX:
3.67%
QQQ:
3.92%
FIATX:
14.22%
QQQ:
18.24%
FIATX:
-65.44%
QQQ:
-82.98%
FIATX:
-0.99%
QQQ:
0.00%
Returns By Period
In the year-to-date period, FIATX achieves a 7.81% return, which is significantly higher than QQQ's 5.53% return. Over the past 10 years, FIATX has underperformed QQQ with an annualized return of 7.44%, while QQQ has yielded a comparatively higher 18.38% annualized return.
FIATX
7.81%
5.78%
3.62%
11.16%
6.51%
7.44%
QQQ
5.53%
3.41%
12.16%
27.01%
19.41%
18.38%
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FIATX vs. QQQ - Expense Ratio Comparison
FIATX has a 1.49% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
FIATX vs. QQQ — Risk-Adjusted Performance Rank
FIATX
QQQ
FIATX vs. QQQ - 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 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
FIATX vs. QQQ - Dividend Comparison
FIATX's dividend yield for the trailing twelve months is around 0.32%, less than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIATX Fidelity Advisor International Capital Appreciation Fund Class M | 0.32% | 0.35% | 0.00% | 0.00% | 0.00% | 0.00% | 0.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
FIATX vs. QQQ - Drawdown Comparison
The maximum FIATX drawdown since its inception was -65.44%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FIATX and QQQ. For additional features, visit the drawdowns tool.
Volatility
FIATX vs. QQQ - Volatility Comparison
The current volatility for Fidelity Advisor International Capital Appreciation Fund Class M (FIATX) is 4.24%, while Invesco QQQ (QQQ) has a volatility of 4.69%. This indicates that FIATX 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.