FIIIX vs. EPDIX

Last updated Jun 25, 2026

FIIIX (Fidelity Advisor International Growth Fund Class I) and EPDIX (EuroPac International Dividend Income Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, FIIIX returned 10.09%/yr vs 9.95%/yr for EPDIX. A 0.68 correlation means they provide meaningful diversification when combined. FIIIX charges 1.00%/yr vs 1.25%/yr for EPDIX.

Performance

FIIIX vs. EPDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor International Growth Fund Class I (FIIIX) and EuroPac International Dividend Income Fund (EPDIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIIIX achieves a 8.91% return, which is significantly higher than EPDIX's 6.45% return. Both investments have delivered pretty close results over the past 10 years, with FIIIX having a 10.09% annualized return and EPDIX not far behind at 9.95%.

FIIIX

• 1D: -3.52%
• 1M: 3.01%
• YTD: 8.91%
• 6M: 8.34%
• 1Y: 15.88%
• 3Y*: 13.24%
• 5Y*: 5.51%
• 10Y*: 10.09%

EPDIX

• 1D: -1.50%
• 1M: -5.32%
• YTD: 6.45%
• 6M: 5.91%
• 1Y: 34.29%
• 3Y*: 22.06%
• 5Y*: 13.44%
• 10Y*: 9.95%

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

FIIIX vs. EPDIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIIIX Fidelity Advisor International Growth Fund Class I	8.91%	17.90%	4.86%	20.87%	-23.21%	15.45%	16.95%	34.01%	-11.52%	28.79%
EPDIX EuroPac International Dividend Income Fund	6.45%	62.35%	0.87%	7.85%	1.53%	8.04%	9.23%	13.33%	-10.74%	15.81%

Correlation

The correlation between FIIIX and EPDIX is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.55
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (10Y) Calculated over the trailing 10-year period	0.66
Correlation (All Time) Calculated using the full available price history since Jan 13, 2014	0.68

The correlation between FIIIX and EPDIX shifts across timeframes, from 0.55 (3 years) to 0.68 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FIIIX vs. EPDIX — Risk / Return Rank

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

FIIIX

FIIIX Risk / Return Rank: 15
FIIIX Sharpe Ratio Rank: 13
FIIIX Sortino Ratio Rank: 14
FIIIX Omega Ratio Rank: 14
FIIIX Calmar Ratio Rank: 16
FIIIX Martin Ratio Rank: 20

EPDIX

EPDIX Risk / Return Rank: 68
EPDIX Sharpe Ratio Rank: 77
EPDIX Sortino Ratio Rank: 64
EPDIX Omega Ratio Rank: 70
EPDIX Calmar Ratio Rank: 73
EPDIX Martin Ratio Rank: 56

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.

FIIIX vs. EPDIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Growth Fund Class I (FIIIX) and EuroPac International Dividend Income Fund (EPDIX). 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.

	FIIIX	EPDIX	Difference
Sharpe ratio: Return per unit of total volatility	0.89	2.35	-1.46
Sortino ratio: Return per unit of downside risk	1.37	3.01	-1.64
Omega ratio: Gain probability vs. loss probability	1.17	1.42	-0.25
Calmar ratio: Return relative to maximum drawdown	1.25	3.13	-1.89
Martin ratio: Return relative to average drawdown	4.56	10.50	-5.94

FIIIX vs. EPDIX - Sharpe Ratio Comparison

The current FIIIX Sharpe Ratio is 0.89, which is lower than the EPDIX Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of FIIIX and EPDIX, 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

FIIIX vs. EPDIX - Drawdown Comparison

The maximum FIIIX drawdown since its inception was -55.97%, which is greater than EPDIX's maximum drawdown of -38.23%. Use the drawdown chart below to compare losses from any high point for FIIIX and EPDIX.

Drawdown Indicators

	FIIIX	EPDIX	Difference
Max Drawdown Largest peak-to-trough decline	-55.97%	-38.23%	-17.74%
Max Drawdown (1Y) Largest decline over 1 year	-13.99%	-10.92%	-3.07%
Max Drawdown (3Y) Largest decline over 3 years	-16.48%	-13.01%	-3.47%
Max Drawdown (5Y) Largest decline over 5 years	-34.95%	-20.98%	-13.97%
Max Drawdown (10Y) Largest decline over 10 years	-34.95%	-32.84%	-2.11%
Current Drawdown Current decline from peak	-3.52%	-8.99%	+5.47%
Average Drawdown Average peak-to-trough decline	-10.40%	-10.76%	+0.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.82%	3.25%	+0.57%

Volatility

FIIIX vs. EPDIX - Volatility Comparison

Fidelity Advisor International Growth Fund Class I (FIIIX) has a higher volatility of 8.13% compared to EuroPac International Dividend Income Fund (EPDIX) at 5.23%. This indicates that FIIIX's price experiences larger fluctuations and is considered to be riskier than EPDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIIIX	EPDIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.13%	5.23%	+2.90%
Volatility (6M) Calculated over the trailing 6-month period	17.36%	12.47%	+4.89%
Volatility (1Y) Calculated over the trailing 1-year period	19.64%	14.53%	+5.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.36%	14.13%	+4.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.82%	14.86%	+2.96%

FIIIX vs. EPDIX - Expense Ratio Comparison

FIIIX has a 1.00% expense ratio, which is lower than EPDIX's 1.25% expense ratio.

Dividends

FIIIX vs. EPDIX - Dividend Comparison

FIIIX's dividend yield for the trailing twelve months is around 3.16%, less than EPDIX's 7.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EPDIX EuroPac International Dividend Income Fund	7.26%	7.71%	4.09%	3.32%	2.81%	2.31%	1.92%	2.68%	3.00%	2.93%	2.47%	3.88%
FIIIX Fidelity Advisor International Growth Fund Class I	3.16%	3.44%	0.78%	0.47%	1.65%	1.93%	0.12%	1.00%	0.91%	0.12%	1.28%	0.77%

Frequently Asked Questions

Can I hold both FIIIX and EPDIX in my portfolio?

FIIIX and EPDIX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIIIX or EPDIX?

FIIIX has higher volatility (8.13%) compared to EPDIX (5.23%). In terms of maximum drawdown, FIIIX dropped -55.97% vs EPDIX's -38.23%.

Which has better risk-adjusted returns?

EPDIX currently has the higher Sharpe Ratio (2.35 vs 0.89), 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.