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FICDX vs. FNORX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

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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FICDX vs. FNORX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FICDX
Fidelity Canada Fund
0.28%25.86%9.15%14.66%-6.14%26.86%4.43%25.82%-14.32%12.79%
FNORX
Fidelity Nordic Fund
-2.33%25.85%-4.51%20.85%-19.29%12.77%43.03%17.26%-11.56%22.48%

Returns By Period

In the year-to-date period, FICDX achieves a 0.28% return, which is significantly higher than FNORX's -2.33% return. Over the past 10 years, FICDX has outperformed FNORX with an annualized return of 10.16%, while FNORX has yielded a comparatively lower 8.41% annualized return.


FICDX

1D
-0.20%
1M
-6.90%
YTD
0.28%
6M
5.05%
1Y
23.82%
3Y*
14.71%
5Y*
11.33%
10Y*
10.16%

FNORX

1D
1.02%
1M
-9.02%
YTD
-2.33%
6M
3.85%
1Y
13.26%
3Y*
8.87%
5Y*
4.89%
10Y*
8.41%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FICDX vs. FNORX - Expense Ratio Comparison

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


Return for Risk

FICDX vs. FNORX — Risk / Return Rank

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

FICDX
FICDX Risk / Return Rank: 8585
Overall Rank
FICDX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
FICDX Sortino Ratio Rank: 8484
Sortino Ratio Rank
FICDX Omega Ratio Rank: 8080
Omega Ratio Rank
FICDX Calmar Ratio Rank: 8686
Calmar Ratio Rank
FICDX Martin Ratio Rank: 8989
Martin Ratio Rank

FNORX
FNORX Risk / Return Rank: 2929
Overall Rank
FNORX Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
FNORX Sortino Ratio Rank: 2828
Sortino Ratio Rank
FNORX Omega Ratio Rank: 2626
Omega Ratio Rank
FNORX Calmar Ratio Rank: 3434
Calmar Ratio Rank
FNORX Martin Ratio Rank: 2626
Martin Ratio Rank
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.

FICDX vs. FNORX - Risk-Adjusted Trends 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.


FICDXFNORXDifference

Sharpe ratio

Return per unit of total volatility

1.58

0.71

+0.87

Sortino ratio

Return per unit of downside risk

2.17

1.01

+1.16

Omega ratio

Gain probability vs. loss probability

1.31

1.14

+0.17

Calmar ratio

Return relative to maximum drawdown

2.22

0.92

+1.30

Martin ratio

Return relative to average drawdown

9.95

2.84

+7.11

FICDX vs. FNORX - Sharpe Ratio Comparison

The current FICDX Sharpe Ratio is 1.58, which is higher than the FNORX Sharpe Ratio of 0.71. 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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Sharpe Ratios by Period


FICDXFNORXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.58

0.71

+0.87

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.71

0.26

+0.45

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

0.45

+0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.45

+0.02

Correlation

The correlation between FICDX and FNORX is 0.60, 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.


Dividends

FICDX vs. FNORX - Dividend Comparison

FICDX's dividend yield for the trailing twelve months is around 5.68%, less than FNORX's 8.95% yield.


TTM20252024202320222021202020192018201720162015
FICDX
Fidelity Canada Fund
5.68%5.70%7.44%3.36%4.11%5.16%2.56%4.41%7.33%0.89%1.63%0.15%
FNORX
Fidelity Nordic Fund
8.95%8.74%6.14%0.05%0.00%14.85%3.29%4.59%10.78%3.13%1.71%1.32%

Drawdowns

FICDX vs. FNORX - Drawdown Comparison

The maximum FICDX drawdown since its inception was -58.09%, smaller than the maximum FNORX drawdown of -69.72%. Use the drawdown chart below to compare losses from any high point for FICDX and FNORX.


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Drawdown Indicators


FICDXFNORXDifference

Max Drawdown

Largest peak-to-trough decline

-58.09%

-69.72%

+11.63%

Max Drawdown (1Y)

Largest decline over 1 year

-10.10%

-12.98%

+2.88%

Max Drawdown (5Y)

Largest decline over 5 years

-21.01%

-38.15%

+17.14%

Max Drawdown (10Y)

Largest decline over 10 years

-39.85%

-38.15%

-1.70%

Current Drawdown

Current decline from peak

-7.60%

-12.09%

+4.49%

Average Drawdown

Average peak-to-trough decline

-10.56%

-17.53%

+6.97%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.26%

4.20%

-1.94%

Volatility

FICDX vs. FNORX - Volatility Comparison

The current volatility for Fidelity Canada Fund (FICDX) is 4.33%, while Fidelity Nordic Fund (FNORX) has a volatility of 6.77%. 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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Volatility by Period


FICDXFNORXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.33%

6.77%

-2.44%

Volatility (6M)

Calculated over the trailing 6-month period

10.16%

12.32%

-2.16%

Volatility (1Y)

Calculated over the trailing 1-year period

15.53%

18.26%

-2.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.93%

18.91%

-2.98%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.48%

18.86%

-1.38%