FINVX vs. AWPAX

Last updated Jun 4, 2026

FINVX (Fidelity Series International Value Fund) and AWPAX (AB Sustainable International Thematic Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, FINVX returned 10.61%/yr vs 6.54%/yr for AWPAX. Their correlation of 0.87 suggests significant overlap in exposure. FINVX charges 0.01%/yr vs 1.03%/yr for AWPAX.

Performance

FINVX vs. AWPAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series International Value Fund (FINVX) and AB Sustainable International Thematic Fund (AWPAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FINVX having a 7.50% return and AWPAX slightly lower at 7.33%. Over the past 10 years, FINVX has outperformed AWPAX with an annualized return of 10.61%, while AWPAX has yielded a comparatively lower 6.54% annualized return.

FINVX

• 1D: 0.36%
• 1M: 2.95%
• YTD: 7.50%
• 6M: 11.64%
• 1Y: 24.85%
• 3Y*: 22.98%
• 5Y*: 13.45%
• 10Y*: 10.61%

AWPAX

• 1D: 0.70%
• 1M: 4.79%
• YTD: 7.33%
• 6M: 8.55%
• 1Y: 10.85%
• 3Y*: 8.46%
• 5Y*: 1.12%
• 10Y*: 6.54%

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

FINVX vs. AWPAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FINVX Fidelity Series International Value Fund	7.50%	45.75%	6.20%	20.35%	-7.21%	16.39%	4.87%	19.85%	-16.40%	20.41%
AWPAX AB Sustainable International Thematic Fund	7.33%	13.57%	-0.32%	13.09%	-26.80%	9.20%	29.55%	26.88%	-17.50%	34.46%

Correlation

The correlation between FINVX and AWPAX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Dec 7, 2009	0.87

The correlation between FINVX and AWPAX has been stable across timeframes, ranging from 0.82 to 0.87 - a consistent structural relationship.

Return for Risk

FINVX vs. AWPAX — Risk / Return Rank

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

FINVX

FINVX Risk / Return Rank: 34
FINVX Sharpe Ratio Rank: 32
FINVX Sortino Ratio Rank: 31
FINVX Omega Ratio Rank: 31
FINVX Calmar Ratio Rank: 37
FINVX Martin Ratio Rank: 40

AWPAX

AWPAX Risk / Return Rank: 8
AWPAX Sharpe Ratio Rank: 8
AWPAX Sortino Ratio Rank: 8
AWPAX Omega Ratio Rank: 8
AWPAX Calmar Ratio Rank: 8
AWPAX Martin Ratio Rank: 10

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.

FINVX vs. AWPAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series International Value Fund (FINVX) and AB Sustainable International Thematic Fund (AWPAX). 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.

	FINVX	AWPAX	Difference
Sharpe ratio: Return per unit of total volatility	1.62	0.65	+0.97
Sortino ratio: Return per unit of downside risk	2.30	1.03	+1.27
Omega ratio: Gain probability vs. loss probability	1.29	1.13	+0.16
Calmar ratio: Return relative to maximum drawdown	2.31	0.78	+1.53
Martin ratio: Return relative to average drawdown	8.58	2.90	+5.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FINVX vs. AWPAX - Sharpe Ratio Comparison

The current FINVX Sharpe Ratio is 1.62, which is higher than the AWPAX Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of FINVX and AWPAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FINVX	AWPAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	0.65	+0.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.06	+0.74
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	0.39	+0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.34	+0.03

Drawdowns

FINVX vs. AWPAX - Drawdown Comparison

The maximum FINVX drawdown since its inception was -42.48%, smaller than the maximum AWPAX drawdown of -63.00%. Use the drawdown chart below to compare losses from any high point for FINVX and AWPAX.

Drawdown Indicators

	FINVX	AWPAX	Difference
Max Drawdown Largest peak-to-trough decline	-42.48%	-63.00%	+20.52%
Max Drawdown (1Y) Largest decline over 1 year	-10.38%	-13.44%	+3.06%
Max Drawdown (3Y) Largest decline over 3 years	-14.60%	-19.47%	+4.87%
Max Drawdown (5Y) Largest decline over 5 years	-27.13%	-38.13%	+11.00%
Max Drawdown (10Y) Largest decline over 10 years	-42.48%	-38.13%	-4.35%
Current Drawdown Current decline from peak	-1.12%	-2.01%	+0.89%
Average Drawdown Average peak-to-trough decline	-9.04%	-18.78%	+9.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.79%	3.60%	-0.81%

Volatility

FINVX vs. AWPAX - Volatility Comparison

The current volatility for Fidelity Series International Value Fund (FINVX) is 4.80%, while AB Sustainable International Thematic Fund (AWPAX) has a volatility of 5.75%. This indicates that FINVX experiences smaller price fluctuations and is considered to be less risky than AWPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FINVX	AWPAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.80%	5.75%	-0.95%
Volatility (6M) Calculated over the trailing 6-month period	11.94%	13.97%	-2.03%
Volatility (1Y) Calculated over the trailing 1-year period	14.84%	16.22%	-1.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.71%	17.36%	-0.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.06%	16.83%	+1.23%

FINVX vs. AWPAX - Expense Ratio Comparison

FINVX has a 0.01% expense ratio, which is lower than AWPAX's 1.03% expense ratio.

Dividends

FINVX vs. AWPAX - Dividend Comparison

FINVX's dividend yield for the trailing twelve months is around 10.42%, while AWPAX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AWPAX AB Sustainable International Thematic Fund	0.00%	0.00%	0.00%	0.00%	0.52%	7.00%	1.67%	1.11%	14.44%	0.00%	0.77%	0.00%
FINVX Fidelity Series International Value Fund	10.42%	11.20%	4.14%	3.29%	3.33%	5.01%	2.83%	4.05%	4.05%	3.14%	2.62%	2.14%

Frequently Asked Questions

Can I hold both FINVX and AWPAX in my portfolio?

FINVX and AWPAX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FINVX or AWPAX?

AWPAX has higher volatility (5.75%) compared to FINVX (4.80%). In terms of maximum drawdown, FINVX dropped -42.48% vs AWPAX's -63.00%.

Which has better risk-adjusted returns?

FINVX currently has the higher Sharpe Ratio (1.62 vs 0.65), 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.