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FICDX vs. FNORX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FICDX and FNORX 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

FICDX vs. FNORX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Canada Fund (FICDX) and Fidelity Nordic Fund (FNORX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FICDX:

1.13

FNORX:

-0.01

Sortino Ratio

FICDX:

1.51

FNORX:

0.08

Omega Ratio

FICDX:

1.20

FNORX:

1.01

Calmar Ratio

FICDX:

1.36

FNORX:

-0.04

Martin Ratio

FICDX:

5.24

FNORX:

-0.08

Ulcer Index

FICDX:

3.12%

FNORX:

8.94%

Daily Std Dev

FICDX:

16.13%

FNORX:

18.51%

Max Drawdown

FICDX:

-58.09%

FNORX:

-69.37%

Current Drawdown

FICDX:

0.00%

FNORX:

-3.20%

Returns By Period

In the year-to-date period, FICDX achieves a 11.65% return, which is significantly lower than FNORX's 16.63% return. Over the past 10 years, FICDX has underperformed FNORX with an annualized return of 7.86%, while FNORX has yielded a comparatively higher 8.40% annualized return.


FICDX

YTD

11.65%

1M

5.43%

6M

6.20%

1Y

16.63%

3Y*

9.96%

5Y*

16.31%

10Y*

7.86%

FNORX

YTD

16.63%

1M

6.47%

6M

10.72%

1Y

-0.56%

3Y*

11.47%

5Y*

13.92%

10Y*

8.40%

*Annualized

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Fidelity Canada Fund

Fidelity Nordic Fund

FICDX vs. FNORX - Expense Ratio Comparison

FICDX has a 0.80% expense ratio, which is lower than FNORX's 0.92% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FICDX vs. FNORX — Risk-Adjusted Performance Rank

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

FICDX
The Risk-Adjusted Performance Rank of FICDX is 8585
Overall Rank
The Sharpe Ratio Rank of FICDX is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of FICDX is 8383
Sortino Ratio Rank
The Omega Ratio Rank of FICDX is 8383
Omega Ratio Rank
The Calmar Ratio Rank of FICDX is 8888
Calmar Ratio Rank
The Martin Ratio Rank of FICDX is 8787
Martin Ratio Rank

FNORX
The Risk-Adjusted Performance Rank of FNORX is 1414
Overall Rank
The Sharpe Ratio Rank of FNORX is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of FNORX is 1414
Sortino Ratio Rank
The Omega Ratio Rank of FNORX is 1414
Omega Ratio Rank
The Calmar Ratio Rank of FNORX is 1414
Calmar Ratio Rank
The Martin Ratio Rank of FNORX is 1515
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FICDX vs. FNORX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Canada Fund (FICDX) and Fidelity Nordic Fund (FNORX). 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.


The current FICDX Sharpe Ratio is 1.13, which is higher than the FNORX Sharpe Ratio of -0.01. The chart below compares the historical Sharpe Ratios of FICDX and FNORX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FICDX vs. FNORX - Dividend Comparison

FICDX's dividend yield for the trailing twelve months is around 6.67%, more than FNORX's 5.26% yield.


TTM20242023202220212020201920182017201620152014
FICDX
Fidelity Canada Fund
6.67%7.44%3.36%4.11%5.16%2.56%4.41%7.33%2.30%1.63%1.63%15.03%
FNORX
Fidelity Nordic Fund
5.26%6.14%0.05%0.00%14.85%3.29%4.59%10.78%4.07%1.71%1.43%0.00%

Drawdowns

FICDX vs. FNORX - Drawdown Comparison

The maximum FICDX drawdown since its inception was -58.09%, smaller than the maximum FNORX drawdown of -69.37%. Use the drawdown chart below to compare losses from any high point for FICDX and FNORX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FICDX vs. FNORX - Volatility Comparison

The current volatility for Fidelity Canada Fund (FICDX) is 2.29%, while Fidelity Nordic Fund (FNORX) has a volatility of 4.00%. This indicates that FICDX experiences smaller price fluctuations and is considered to be less risky than FNORX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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