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.
Key characteristics
| FIDZX | FDT | |
|---|---|---|
| YTD Return | 12.38% | 9.89% |
| 1Y Return | 26.17% | 20.56% |
| 3Y Return (Ann) | -0.16% | 0.25% |
| 5Y Return (Ann) | 8.08% | 3.96% |
| Sharpe Ratio | 1.91 | 1.36 |
| Sortino Ratio | 2.70 | 1.82 |
| Omega Ratio | 1.34 | 1.24 |
| Calmar Ratio | 1.24 | 1.08 |
| Martin Ratio | 10.02 | 8.34 |
| Ulcer Index | 2.63% | 2.52% |
| Daily Std Dev | 13.81% | 15.45% |
| Max Drawdown | -39.59% | -46.10% |
| Current Drawdown | -3.51% | -4.10% |
Correlation
The correlation between FIDZX and FDT is 0.83, 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
In the year-to-date period, FIDZX achieves a 12.38% return, which is significantly higher than FDT's 9.89% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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's dividend yield for the trailing twelve months is around 0.41%, less than FDT's 3.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDZX Fidelity Advisor International Capital Appreciation Fund Class Z | 0.41% | 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 | 3.98% | 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 3.99% compared to First Trust Developed Markets ex-US AlphaDEX Fund (FDT) at 3.73%. 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.