FICCX vs. FACNX

Last updated Jun 3, 2026

FICCX (Fidelity Advisor Canada Fund Class I) and FACNX (Fidelity Advisor Canada Fund Class A) are both Foreign Large Cap Equities funds from Fidelity. Over the past 10 years, FICCX returned 10.36%/yr vs 10.03%/yr for FACNX. With a 1.00 correlation, they move nearly in lockstep. FICCX charges 0.74%/yr vs 1.12%/yr for FACNX.

Performance

FICCX vs. FACNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Canada Fund Class I (FICCX) and Fidelity Advisor Canada Fund Class A (FACNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FICCX having a 7.05% return and FACNX slightly lower at 6.93%. Both investments have delivered pretty close results over the past 10 years, with FICCX having a 10.36% annualized return and FACNX not far behind at 10.03%.

FICCX

• 1D: -0.26%
• 1M: 0.60%
• YTD: 7.05%
• 6M: 11.69%
• 1Y: 17.67%
• 3Y*: 16.91%
• 5Y*: 10.46%
• 10Y*: 10.36%

FACNX

• 1D: -0.26%
• 1M: 0.57%
• YTD: 6.93%
• 6M: 11.54%
• 1Y: 17.35%
• 3Y*: 16.57%
• 5Y*: 10.12%
• 10Y*: 10.03%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FICCX vs. FACNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FICCX Fidelity Advisor Canada Fund Class I	7.05%	25.83%	9.14%	14.69%	-6.12%	26.90%	4.50%	25.89%	-14.30%	12.85%
FACNX Fidelity Advisor Canada Fund Class A	6.93%	25.49%	8.83%	14.33%	-6.44%	26.44%	4.11%	25.42%	-14.59%	12.81%

Correlation

The correlation between FICCX and FACNX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	1.00
Correlation (All Time) Calculated using the full available price history since May 11, 2007	1.00

The correlation between FICCX and FACNX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

FICCX vs. FACNX — Risk / Return Rank

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

FICCX

FICCX Risk / Return Rank: 33
FICCX Sharpe Ratio Rank: 27
FICCX Sortino Ratio Rank: 25
FICCX Omega Ratio Rank: 26
FICCX Calmar Ratio Rank: 46
FICCX Martin Ratio Rank: 40

FACNX

FACNX Risk / Return Rank: 32
FACNX Sharpe Ratio Rank: 27
FACNX Sortino Ratio Rank: 24
FACNX Omega Ratio Rank: 25
FACNX Calmar Ratio Rank: 44
FACNX Martin Ratio Rank: 38

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.

FICCX vs. FACNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Canada Fund Class I (FICCX) and Fidelity Advisor Canada Fund Class A (FACNX). 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.

	FICCX	FACNX	Difference
Sharpe ratio Return per unit of total volatility	1.51	1.49	+0.03
Sortino ratio Return per unit of downside risk	2.08	2.05	+0.04
Omega ratio Gain probability vs. loss probability	1.27	1.26	0.00
Calmar ratio Return relative to maximum drawdown	2.58	2.53	+0.05
Martin ratio Return relative to average drawdown	8.59	8.39	+0.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FICCX vs. FACNX - Sharpe Ratio Comparison

The current FICCX Sharpe Ratio is 1.51, which is comparable to the FACNX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of FICCX and FACNX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FICCX	FACNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.51	1.49	+0.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.64	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.58	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.28	+0.01

Drawdowns

FICCX vs. FACNX - Drawdown Comparison

The maximum FICCX drawdown since its inception was -58.09%, roughly equal to the maximum FACNX drawdown of -58.18%. Use the drawdown chart below to compare losses from any high point for FICCX and FACNX.

Drawdown Indicators

	FICCX	FACNX	Difference
Max Drawdown Largest peak-to-trough decline	-58.09%	-58.18%	+0.09%
Max Drawdown (1Y) Largest decline over 1 year	-7.61%	-7.63%	+0.02%
Max Drawdown (3Y) Largest decline over 3 years	-12.07%	-12.16%	+0.09%
Max Drawdown (5Y) Largest decline over 5 years	-21.00%	-21.12%	+0.12%
Max Drawdown (10Y) Largest decline over 10 years	-39.84%	-39.88%	+0.04%
Current Drawdown Current decline from peak	-1.36%	-1.43%	+0.07%
Average Drawdown Average peak-to-trough decline	-11.92%	-12.17%	+0.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.29%	2.31%	-0.02%

Volatility

FICCX vs. FACNX - Volatility Comparison

Fidelity Advisor Canada Fund Class I (FICCX) and Fidelity Advisor Canada Fund Class A (FACNX) have volatilities of 2.67% and 2.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FICCX	FACNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.67%	2.69%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	9.86%	9.87%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	12.53%	12.54%	-0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.96%	15.96%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.44%	17.44%	0.00%

FICCX vs. FACNX - Expense Ratio Comparison

FICCX has a 0.74% expense ratio, which is lower than FACNX's 1.12% expense ratio.

Dividends

FICCX vs. FACNX - Dividend Comparison

FICCX's dividend yield for the trailing twelve months is around 4.29%, less than FACNX's 5.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FACNX Fidelity Advisor Canada Fund Class A	5.06%	5.41%	7.14%	3.06%	3.79%	4.86%	2.28%	4.13%	6.91%	0.89%	1.31%	0.15%
FICCX Fidelity Advisor Canada Fund Class I	4.29%	4.59%	7.72%	3.36%	4.12%	5.22%	2.47%	4.31%	7.38%	0.89%	1.74%	0.15%

Frequently Asked Questions

Can I hold both FICCX and FACNX in my portfolio?

With a correlation of 1.00, FICCX and FACNX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FICCX or FACNX?

FACNX has higher volatility (2.69%) compared to FICCX (2.67%). In terms of maximum drawdown, FICCX dropped -58.09% vs FACNX's -58.18%.

Which has better risk-adjusted returns?

FICCX currently has the higher Sharpe Ratio (1.51 vs 1.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.