FIDKX vs. PZRIX
Compare and contrast key facts about Fidelity International Discovery Fund Class K (FIDKX) and PIMCO RAE Global ex-US Fund (PZRIX).
FIDKX is managed by Fidelity. It was launched on May 9, 2008. PZRIX is managed by PIMCO. It was launched on Jun 4, 2015.
Performance
FIDKX vs. PZRIX - Performance Comparison
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FIDKX vs. PZRIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIDKX Fidelity International Discovery Fund Class K | -5.15% | 27.70% | 11.03% | 14.30% | -24.73% | 11.18% | 21.55% | 27.66% | -17.06% | 30.27% |
PZRIX PIMCO RAE Global ex-US Fund | 7.89% | 34.05% | 3.29% | 19.31% | -9.11% | 12.08% | 1.74% | 15.94% | -14.93% | 26.00% |
Returns By Period
In the year-to-date period, FIDKX achieves a -5.15% return, which is significantly lower than PZRIX's 7.89% return. Over the past 10 years, FIDKX has underperformed PZRIX with an annualized return of 7.89%, while PZRIX has yielded a comparatively higher 9.95% annualized return.
FIDKX
- 1D
- 0.02%
- 1M
- -12.29%
- YTD
- -5.15%
- 6M
- -3.26%
- 1Y
- 16.60%
- 3Y*
- 12.65%
- 5Y*
- 4.49%
- 10Y*
- 7.89%
PZRIX
- 1D
- 0.41%
- 1M
- -6.89%
- YTD
- 7.89%
- 6M
- 16.45%
- 1Y
- 34.85%
- 3Y*
- 18.91%
- 5Y*
- 10.55%
- 10Y*
- 9.95%
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FIDKX vs. PZRIX - Expense Ratio Comparison
FIDKX has a 0.90% expense ratio, which is higher than PZRIX's 0.00% expense ratio.
Return for Risk
FIDKX vs. PZRIX — Risk / Return Rank
FIDKX
PZRIX
FIDKX vs. PZRIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Discovery Fund Class K (FIDKX) and PIMCO RAE Global ex-US Fund (PZRIX). 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.
| FIDKX | PZRIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.79 | 2.41 | -1.62 |
Sortino ratioReturn per unit of downside risk | 1.18 | 3.09 | -1.91 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.47 | -0.30 |
Calmar ratioReturn relative to maximum drawdown | 1.03 | 2.70 | -1.66 |
Martin ratioReturn relative to average drawdown | 3.93 | 12.87 | -8.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIDKX | PZRIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.79 | 2.41 | -1.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.27 | 0.67 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | 0.59 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.22 | 0.58 | -0.36 |
Correlation
The correlation between FIDKX and PZRIX is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FIDKX vs. PZRIX - Dividend Comparison
FIDKX's dividend yield for the trailing twelve months is around 7.38%, more than PZRIX's 6.08% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDKX Fidelity International Discovery Fund Class K | 7.38% | 7.00% | 3.01% | 2.02% | 0.47% | 11.39% | 3.78% | 2.43% | 4.00% | 4.02% | 1.96% | 0.01% |
PZRIX PIMCO RAE Global ex-US Fund | 6.08% | 6.56% | 6.70% | 9.19% | 8.80% | 11.99% | 2.04% | 6.32% | 2.80% | 4.13% | 2.58% | 0.00% |
Drawdowns
FIDKX vs. PZRIX - Drawdown Comparison
The maximum FIDKX drawdown since its inception was -56.79%, which is greater than PZRIX's maximum drawdown of -43.53%. Use the drawdown chart below to compare losses from any high point for FIDKX and PZRIX.
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Drawdown Indicators
| FIDKX | PZRIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.79% | -43.53% | -13.26% |
Max Drawdown (1Y)Largest decline over 1 year | -13.08% | -10.68% | -2.40% |
Max Drawdown (5Y)Largest decline over 5 years | -36.47% | -30.85% | -5.62% |
Max Drawdown (10Y)Largest decline over 10 years | -36.47% | -43.53% | +7.06% |
Current DrawdownCurrent decline from peak | -13.06% | -6.96% | -6.10% |
Average DrawdownAverage peak-to-trough decline | -13.56% | -9.00% | -4.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.45% | 2.53% | +0.92% |
Volatility
FIDKX vs. PZRIX - Volatility Comparison
Fidelity International Discovery Fund Class K (FIDKX) has a higher volatility of 8.28% compared to PIMCO RAE Global ex-US Fund (PZRIX) at 5.02%. This indicates that FIDKX's price experiences larger fluctuations and is considered to be riskier than PZRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIDKX | PZRIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.28% | 5.02% | +3.26% |
Volatility (6M)Calculated over the trailing 6-month period | 12.88% | 8.77% | +4.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.14% | 14.09% | +5.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.74% | 15.83% | +0.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.82% | 17.01% | -0.19% |