FIGRX vs. VXUS

Last updated Aug 4, 2026

FIGRX (Fidelity International Discovery Fund) and VXUS (Vanguard Total International Stock ETF) are both funds - FIGRX is a Foreign Large Cap Equities fund actively managed by Fidelity, while VXUS is a Global Equities fund tracking the FTSE Global All Cap ex US Index. FIGRX is actively managed, while VXUS is passively managed. Over the past 10 years, FIGRX returned 9.32%/yr vs 9.41%/yr for VXUS. Their correlation of 0.93 means they have usually moved in the same direction. FIGRX charges 0.66%/yr vs 0.05%/yr for VXUS.

Performance

FIGRX vs. VXUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Discovery Fund (FIGRX) and Vanguard Total International Stock ETF (VXUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIGRX achieves a 11.29% return, which is significantly lower than VXUS's 13.32% return. Both investments have delivered pretty close results over the past 10 years, with FIGRX having a 9.32% annualized return and VXUS not far ahead at 9.41%.

FIGRX

• 1D: 0.24%
• 1M: -1.23%
• 6M: 3.91%
• YTD: 11.29%
• 1Y: 22.39%
• 3Y*: 17.16%
• 5Y*: 6.67%
• 10Y*: 9.32%
• ALL TIME*: 7.80%

VXUS

• 1D: 0.51%
• 1M: 0.21%
• 6M: 6.72%
• YTD: 13.32%
• 1Y: 28.21%
• 3Y*: 18.14%
• 5Y*: 8.68%
• 10Y*: 9.41%
• ALL TIME*: 6.58%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FIGRX Fidelity International Discovery Fund	$0.00	$0.00	$0.00
VXUS Vanguard Total International Stock ETF	$365.42M	$401.26M	$508.45M

FIGRX vs. VXUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIGRX Fidelity International Discovery Fund	11.29%	27.61%	10.96%	14.17%	-24.83%	11.09%	21.42%	27.53%	-17.16%	30.27%
VXUS Vanguard Total International Stock ETF	13.32%	32.35%	5.08%	15.86%	-16.08%	8.98%	10.66%	21.75%	-14.43%	27.46%

Correlation

The correlation between FIGRX and VXUS is 0.94, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.94
Correlation (3Y) Balances recent behavior with more history.	0.92
Correlation (5Y) Shows whether the relationship held over a longer period.	0.94
Correlation (10Y) Provides a long-term view across more market conditions.	0.93
Correlation (All Time) Calculated using the full available price history since Jan 28, 2011	0.93

The correlation between FIGRX and VXUS has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

FIGRX vs. VXUS - Sectors Allocation Comparison

Sectors	FIGRX	VXUS
Industrials	26.3%	14.5%
Technology	23.5%	23.7%
Financial Services	23.2%	23.2%
Communication Services	6.7%	3.8%
Healthcare	6.1%	6.8%
Consumer Cyclical	4.8%	6.8%
Consumer Defensive	3.5%	4.8%
Basic Materials	3.2%	6.6%
Energy	1.8%	4.2%
Utilities	1.0%	2.9%
Real Estate	-	1.7%

Return for Risk

FIGRX vs. VXUS — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FIGRX

FIGRX Risk / Return Rank: 34
FIGRX Sharpe Ratio Rank: 32
FIGRX Sortino Ratio Rank: 32
FIGRX Omega Ratio Rank: 32
FIGRX Calmar Ratio Rank: 35
FIGRX Martin Ratio Rank: 39

VXUS

VXUS Risk / Return Rank: 72
VXUS Sharpe Ratio Rank: 73
VXUS Sortino Ratio Rank: 70
VXUS Omega Ratio Rank: 73
VXUS Calmar Ratio Rank: 71
VXUS Martin Ratio Rank: 73

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FIGRX vs. VXUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Discovery Fund (FIGRX) and Vanguard Total International Stock ETF (VXUS). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FIGRX	VXUS	Difference
Sharpe ratio: Return per unit of total volatility	1.12	1.68	-0.56
Sortino ratio: Return per unit of downside risk	1.65	2.32	-0.67
Omega ratio: Gain probability vs. loss probability	1.21	1.31	-0.10
Calmar ratio: Return relative to maximum drawdown	1.62	2.51	-0.89
Martin ratio: Return relative to average drawdown	5.94	9.21	-3.27

FIGRX vs. VXUS - Sharpe Ratio Comparison

The current FIGRX Sharpe Ratio is 1.12, which is lower than the VXUS Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of FIGRX and VXUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FIGRX vs. VXUS - Drawdown Comparison

The maximum FIGRX drawdown since its inception was -60.47%, which is greater than VXUS's maximum drawdown of -35.97%. Use the drawdown chart below to compare losses from any high point for FIGRX and VXUS.

Drawdown Indicators

	FIGRX	VXUS	Difference
Max Drawdown Largest peak-to-trough decline	-60.47%	-35.97%	-24.50%
Max Drawdown (1Y) Largest decline over 1 year	-13.11%	-11.27%	-1.84%
Max Drawdown (3Y) Largest decline over 3 years	-14.65%	-13.58%	-1.07%
Max Drawdown (5Y) Largest decline over 5 years	-36.54%	-29.44%	-7.10%
Max Drawdown (10Y) Largest decline over 10 years	-36.54%	-35.97%	-0.57%
Current Drawdown Current decline from peak	-3.09%	-2.34%	-0.75%
Average Drawdown Average peak-to-trough decline	-12.32%	-8.16%	-4.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.57%	3.07%	+0.50%

Volatility

FIGRX vs. VXUS - Volatility Comparison

Fidelity International Discovery Fund (FIGRX) has a higher volatility of 5.89% compared to Vanguard Total International Stock ETF (VXUS) at 5.30%. This indicates that FIGRX's price experiences larger fluctuations and is considered to be riskier than VXUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIGRX	VXUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.89%	5.30%	+0.59%
Volatility (6M) Calculated over the trailing 6-month period	16.47%	14.98%	+1.49%
Volatility (1Y) Calculated over the trailing 1-year period	18.97%	16.87%	+2.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.33%	16.35%	+0.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.87%	17.03%	-0.16%

FIGRX vs. VXUS - Expense Ratio Comparison

FIGRX has a 0.66% expense ratio, which is higher than VXUS's 0.05% expense ratio.

Dividends

FIGRX vs. VXUS - Dividend Comparison

FIGRX's dividend yield for the trailing twelve months is around 6.24%, more than VXUS's 2.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIGRX Fidelity International Discovery Fund	6.24%	6.94%	2.88%	1.91%	0.35%	11.18%	3.70%	2.33%	3.85%	4.01%	1.81%	0.01%
VXUS Vanguard Total International Stock ETF	2.57%	3.18%	3.37%	3.24%	3.09%	3.10%	2.14%	3.06%	3.18%	2.73%	2.93%	2.83%

Frequently Asked Questions

Can I hold both FIGRX and VXUS in my portfolio?

With a correlation of 0.94, FIGRX and VXUS move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FIGRX or VXUS?

FIGRX has higher volatility (5.89%) compared to VXUS (5.30%). In terms of maximum drawdown, FIGRX dropped -60.47% vs VXUS's -35.97%.

Which has better risk-adjusted returns?

VXUS currently has the higher Sharpe Ratio (1.68 vs 1.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.