FIDZX vs. FDT
Compare and contrast key facts about Fidelity Advisor International Capital Appreciation Fund Class Z (FIDZX) and First Trust Developed Markets ex-US AlphaDEX Fund (FDT).
FIDZX is managed by Fidelity. It was launched on Feb 1, 2017. FDT is a passively managed fund by First Trust that tracks the performance of the NASDAQ AlphaDEX DM Ex-US Index. It was launched on Apr 18, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIDZX or FDT.
Correlation
The correlation between FIDZX and FDT is 0.82, 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.
Performance
FIDZX vs. FDT - Performance Comparison
Key characteristics
FIDZX:
0.71
FDT:
0.49
FIDZX:
1.07
FDT:
0.73
FIDZX:
1.13
FDT:
1.10
FIDZX:
0.71
FDT:
0.52
FIDZX:
3.10
FDT:
2.38
FIDZX:
3.19%
FDT:
3.14%
FIDZX:
14.01%
FDT:
15.21%
FIDZX:
-39.59%
FDT:
-46.10%
FIDZX:
-6.51%
FDT:
-6.96%
Returns By Period
In the year-to-date period, FIDZX achieves a 8.89% return, which is significantly higher than FDT's 6.61% return.
FIDZX
8.89%
-0.92%
-0.18%
9.88%
6.25%
N/A
FDT
6.61%
-2.11%
-0.18%
7.45%
2.80%
3.90%
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FIDZX vs. FDT - Expense Ratio Comparison
FIDZX has a 0.85% expense ratio, which is higher than FDT's 0.80% expense ratio.
Risk-Adjusted Performance
FIDZX vs. FDT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Capital Appreciation Fund Class Z (FIDZX) and First Trust Developed Markets ex-US AlphaDEX Fund (FDT). 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.
Dividends
FIDZX vs. FDT - Dividend Comparison
FIDZX has not paid dividends to shareholders, while FDT's dividend yield for the trailing twelve months is around 3.90%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDZX Fidelity Advisor International Capital Appreciation Fund Class Z | 0.00% | 0.46% | 0.00% | 0.00% | 0.19% | 0.63% | 0.67% | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% |
FDT First Trust Developed Markets ex-US AlphaDEX Fund | 3.90% | 4.36% | 2.29% | 3.80% | 2.42% | 2.78% | 2.13% | 1.57% | 1.76% | 1.83% | 1.74% | 1.88% |
Drawdowns
FIDZX vs. FDT - Drawdown Comparison
The maximum FIDZX drawdown since its inception was -39.59%, smaller than the maximum FDT drawdown of -46.10%. Use the drawdown chart below to compare losses from any high point for FIDZX and FDT. For additional features, visit the drawdowns tool.
Volatility
FIDZX vs. FDT - Volatility Comparison
Fidelity Advisor International Capital Appreciation Fund Class Z (FIDZX) has a higher volatility of 3.73% compared to First Trust Developed Markets ex-US AlphaDEX Fund (FDT) at 3.05%. This indicates that FIDZX's price experiences larger fluctuations and is considered to be riskier than FDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.