FICCX vs. FAOSX
FICCX (Fidelity Advisor Canada Fund Class I) and FAOSX (Fidelity Advisor Overseas Fund Class Z) are both Foreign Large Cap Equities funds from Fidelity. Over the past 5 years, FICCX returned 11.19%/yr vs 2.60%/yr for FAOSX. Their 0.69 correlation means they have sometimes moved together and sometimes differently. FICCX charges 0.74%/yr vs 1.02%/yr for FAOSX.
Performance
FICCX vs. FAOSX - Performance Comparison
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Returns By Period
FICCX
- 1D
- -0.20%
- 1M
- 3.25%
- 6M
- 7.99%
- YTD
- 9.03%
- 1Y
- 18.57%
- 3Y*
- 16.82%
- 5Y*
- 11.19%
- 10Y*
- 10.35%
- ALL TIME*
- 6.22%
FAOSX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- -1.76%
- 3Y*
- 9.01%
- 5Y*
- 2.60%
- 10Y*
- —
- ALL TIME*
- 8.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FICCX vs. FAOSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FICCX Fidelity Advisor Canada Fund Class I | 9.03% | 25.83% | 9.14% | 14.69% | -6.12% | 26.90% | 4.50% | 25.89% | -14.30% | 9.26% |
FAOSX Fidelity Advisor Overseas Fund Class Z | 0.00% | 15.36% | 5.06% | 20.52% | -24.31% | 19.42% | 15.17% | 27.96% | -14.73% | 26.25% |
Correlation
The correlation between FICCX and FAOSX is 0.25, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.25 |
Correlation (3Y) Balances recent behavior with more history. | 0.59 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.68 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.69 |
Over the past year, the correlation between FICCX and FAOSX has dropped to 0.25 - well below their long-term average of 0.69, suggesting their price drivers have been diverging.
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Return for Risk
FICCX vs. FAOSX — Risk / Return Rank
FICCX
FAOSX
FICCX vs. FAOSX - 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 Overseas Fund Class Z (FAOSX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FICCX | FAOSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.60 | ||
| Sortino ratioReturn per unit of downside risk | +2.10 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.00 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | -0.04 | +2.66 |
| Martin ratioReturn relative to average drawdown | 8.30 | -0.06 | +8.37 |
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Drawdowns
FICCX vs. FAOSX - Drawdown Comparison
The maximum FICCX drawdown since its inception was -58.09%, which is greater than FAOSX's maximum drawdown of -36.24%. Use the drawdown chart below to compare losses from any high point for FICCX and FAOSX.
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Drawdown Indicators
| FICCX | FAOSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.09% | -36.24% | -21.85% |
Max Drawdown (1Y)Largest decline over 1 year | -7.61% | -7.26% | -0.35% |
Max Drawdown (3Y)Largest decline over 3 years | -12.07% | -13.96% | +1.89% |
Max Drawdown (5Y)Largest decline over 5 years | -21.00% | -36.24% | +15.24% |
Max Drawdown (10Y)Largest decline over 10 years | -39.84% | — | — |
Current DrawdownCurrent decline from peak | -0.88% | -5.86% | +4.98% |
Average DrawdownAverage peak-to-trough decline | -11.83% | -7.90% | -3.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.40% | 4.51% | -2.11% |
Volatility
FICCX vs. FAOSX - Volatility Comparison
Fidelity Advisor Canada Fund Class I (FICCX) has a higher volatility of 2.27% compared to Fidelity Advisor Overseas Fund Class Z (FAOSX) at 0.00%. This indicates that FICCX's price experiences larger fluctuations and is considered to be riskier than FAOSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FICCX | FAOSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.27% | 0.00% | +2.27% |
Volatility (6M)Calculated over the trailing 6-month period | 9.59% | 0.00% | +9.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.83% | 7.53% | +5.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.90% | 16.65% | -0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.37% | 16.56% | +0.81% |
FICCX vs. FAOSX - Expense Ratio Comparison
FICCX has a 0.74% expense ratio, which is lower than FAOSX's 1.02% expense ratio.
Dividends
FICCX vs. FAOSX - Dividend Comparison
FICCX's dividend yield for the trailing twelve months is around 4.21%, less than FAOSX's 8.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAOSX Fidelity Advisor Overseas Fund Class Z | 8.67% | 8.67% | 1.80% | 1.12% | 0.85% | 2.07% | 0.00% | 1.70% | 5.30% | 3.93% | 0.00% | 0.00% |
FICCX Fidelity Advisor Canada Fund Class I | 4.21% | 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
FICCX and FAOSX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FICCX has higher volatility (2.27%) compared to FAOSX (0.00%). In terms of maximum drawdown, FICCX dropped -58.09% vs FAOSX's -36.24%.
FICCX currently has the higher Sharpe Ratio (1.56 vs -0.04), 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.
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