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FIDZX vs. FBKWX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIDZX vs. FBKWX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor International Capital Appreciation Fund Class Z (FIDZX) and Fidelity Advisor Total Bond Fund Class Z (FBKWX). The values are adjusted to include any dividend payments, if applicable.

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FIDZX vs. FBKWX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FIDZX
Fidelity Advisor International Capital Appreciation Fund Class Z
-4.83%18.83%8.15%27.79%-26.45%12.40%22.36%32.97%-12.72%28.67%
FBKWX
Fidelity Advisor Total Bond Fund Class Z
-0.37%7.60%2.20%6.56%-13.55%-0.27%9.46%9.88%-0.56%3.54%

Returns By Period

In the year-to-date period, FIDZX achieves a -4.83% return, which is significantly lower than FBKWX's -0.37% return.


FIDZX

1D
3.60%
1M
-9.01%
YTD
-4.83%
6M
-5.30%
1Y
9.89%
3Y*
11.16%
5Y*
4.87%
10Y*

FBKWX

1D
0.10%
1M
-1.75%
YTD
-0.37%
6M
0.39%
1Y
4.05%
3Y*
4.16%
5Y*
0.67%
10Y*
2.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FIDZX vs. FBKWX - Expense Ratio Comparison

FIDZX has a 0.85% expense ratio, which is higher than FBKWX's 0.36% expense ratio.


Return for Risk

FIDZX vs. FBKWX — Risk / Return Rank

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

FIDZX
FIDZX Risk / Return Rank: 1919
Overall Rank
FIDZX Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
FIDZX Sortino Ratio Rank: 1818
Sortino Ratio Rank
FIDZX Omega Ratio Rank: 1818
Omega Ratio Rank
FIDZX Calmar Ratio Rank: 1919
Calmar Ratio Rank
FIDZX Martin Ratio Rank: 2222
Martin Ratio Rank

FBKWX
FBKWX Risk / Return Rank: 5050
Overall Rank
FBKWX Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
FBKWX Sortino Ratio Rank: 4747
Sortino Ratio Rank
FBKWX Omega Ratio Rank: 3333
Omega Ratio Rank
FBKWX Calmar Ratio Rank: 7070
Calmar Ratio Rank
FBKWX Martin Ratio Rank: 5050
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.

FIDZX vs. FBKWX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Capital Appreciation Fund Class Z (FIDZX) and Fidelity Advisor Total Bond Fund Class Z (FBKWX). 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.


FIDZXFBKWXDifference

Sharpe ratio

Return per unit of total volatility

0.53

1.00

-0.47

Sortino ratio

Return per unit of downside risk

0.89

1.44

-0.54

Omega ratio

Gain probability vs. loss probability

1.12

1.17

-0.05

Calmar ratio

Return relative to maximum drawdown

0.65

1.71

-1.05

Martin ratio

Return relative to average drawdown

2.57

5.16

-2.59

FIDZX vs. FBKWX - Sharpe Ratio Comparison

The current FIDZX Sharpe Ratio is 0.53, which is lower than the FBKWX Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of FIDZX and FBKWX, 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


FIDZXFBKWXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.53

1.00

-0.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.26

0.12

+0.15

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

Sharpe Ratio (All Time)

Calculated using the full available price history

0.54

0.55

-0.01

Correlation

The correlation between FIDZX and FBKWX is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

FIDZX vs. FBKWX - Dividend Comparison

FIDZX's dividend yield for the trailing twelve months is around 5.85%, more than FBKWX's 4.10% yield.


TTM20252024202320222021202020192018201720162015
FIDZX
Fidelity Advisor International Capital Appreciation Fund Class Z
5.85%5.57%0.84%0.46%0.00%3.90%0.19%0.63%0.67%0.28%0.00%0.00%
FBKWX
Fidelity Advisor Total Bond Fund Class Z
4.10%4.45%4.22%3.52%2.59%1.97%5.32%3.11%3.30%3.07%3.71%3.38%

Drawdowns

FIDZX vs. FBKWX - Drawdown Comparison

The maximum FIDZX drawdown since its inception was -37.17%, which is greater than FBKWX's maximum drawdown of -18.31%. Use the drawdown chart below to compare losses from any high point for FIDZX and FBKWX.


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Drawdown Indicators


FIDZXFBKWXDifference

Max Drawdown

Largest peak-to-trough decline

-37.17%

-18.31%

-18.86%

Max Drawdown (1Y)

Largest decline over 1 year

-14.44%

-2.86%

-11.58%

Max Drawdown (5Y)

Largest decline over 5 years

-37.17%

-18.31%

-18.86%

Max Drawdown (10Y)

Largest decline over 10 years

-18.31%

Current Drawdown

Current decline from peak

-11.36%

-2.25%

-9.11%

Average Drawdown

Average peak-to-trough decline

-7.62%

-3.69%

-3.93%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.67%

0.95%

+2.72%

Volatility

FIDZX vs. FBKWX - Volatility Comparison

Fidelity Advisor International Capital Appreciation Fund Class Z (FIDZX) has a higher volatility of 8.79% compared to Fidelity Advisor Total Bond Fund Class Z (FBKWX) at 1.50%. This indicates that FIDZX's price experiences larger fluctuations and is considered to be riskier than FBKWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FIDZXFBKWXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.79%

1.50%

+7.29%

Volatility (6M)

Calculated over the trailing 6-month period

12.85%

2.64%

+10.21%

Volatility (1Y)

Calculated over the trailing 1-year period

19.76%

4.42%

+15.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.52%

5.67%

+12.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.23%

4.74%

+13.49%