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FIQFX vs. FHKAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIQFX vs. FHKAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor China Region Fund Class Z (FIQFX) and Fidelity Advisor China Region Fund Class A (FHKAX). The values are adjusted to include any dividend payments, if applicable.

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FIQFX vs. FHKAX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
FIQFX
Fidelity Advisor China Region Fund Class Z
5.55%42.75%23.34%-0.13%-23.76%-13.61%48.04%35.33%-1.81%
FHKAX
Fidelity Advisor China Region Fund Class A
5.42%42.19%22.84%-0.60%-24.09%-13.95%47.37%34.71%-1.84%

Returns By Period

The year-to-date returns for both stocks are quite close, with FIQFX having a 5.55% return and FHKAX slightly lower at 5.42%.


FIQFX

1D
-0.66%
1M
-9.02%
YTD
5.55%
6M
6.33%
1Y
44.02%
3Y*
20.04%
5Y*
2.94%
10Y*

FHKAX

1D
-0.67%
1M
-9.06%
YTD
5.42%
6M
6.13%
1Y
43.43%
3Y*
19.54%
5Y*
2.51%
10Y*
11.83%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FIQFX vs. FHKAX - Expense Ratio Comparison

FIQFX has a 0.80% expense ratio, which is lower than FHKAX's 1.21% expense ratio.


Return for Risk

FIQFX vs. FHKAX — Risk / Return Rank

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

FIQFX
FIQFX Risk / Return Rank: 8888
Overall Rank
FIQFX Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
FIQFX Sortino Ratio Rank: 8888
Sortino Ratio Rank
FIQFX Omega Ratio Rank: 8585
Omega Ratio Rank
FIQFX Calmar Ratio Rank: 9090
Calmar Ratio Rank
FIQFX Martin Ratio Rank: 8989
Martin Ratio Rank

FHKAX
FHKAX Risk / Return Rank: 8888
Overall Rank
FHKAX Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
FHKAX Sortino Ratio Rank: 8888
Sortino Ratio Rank
FHKAX Omega Ratio Rank: 8585
Omega Ratio Rank
FHKAX Calmar Ratio Rank: 9090
Calmar Ratio Rank
FHKAX Martin Ratio Rank: 8888
Martin Ratio Rank
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.

FIQFX vs. FHKAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor China Region Fund Class Z (FIQFX) and Fidelity Advisor China Region Fund Class A (FHKAX). 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.


FIQFXFHKAXDifference

Sharpe ratio

Return per unit of total volatility

1.87

1.85

+0.02

Sortino ratio

Return per unit of downside risk

2.42

2.39

+0.02

Omega ratio

Gain probability vs. loss probability

1.35

1.34

0.00

Calmar ratio

Return relative to maximum drawdown

2.52

2.48

+0.04

Martin ratio

Return relative to average drawdown

9.80

9.62

+0.18

FIQFX vs. FHKAX - Sharpe Ratio Comparison

The current FIQFX Sharpe Ratio is 1.87, which is comparable to the FHKAX Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of FIQFX and FHKAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FIQFXFHKAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.87

1.85

+0.02

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.12

0.11

+0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.31

+0.21

Correlation

The correlation between FIQFX and FHKAX is 1.00, 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.


Dividends

FIQFX vs. FHKAX - Dividend Comparison

FIQFX's dividend yield for the trailing twelve months is around 1.96%, more than FHKAX's 1.51% yield.


TTM20252024202320222021202020192018201720162015
FIQFX
Fidelity Advisor China Region Fund Class Z
1.96%2.07%1.58%2.14%0.86%11.06%4.98%0.84%1.09%0.00%0.00%0.00%
FHKAX
Fidelity Advisor China Region Fund Class A
1.51%1.59%1.22%1.58%0.59%10.80%4.71%0.38%0.39%0.21%0.99%15.33%

Drawdowns

FIQFX vs. FHKAX - Drawdown Comparison

The maximum FIQFX drawdown since its inception was -58.33%, roughly equal to the maximum FHKAX drawdown of -58.62%. Use the drawdown chart below to compare losses from any high point for FIQFX and FHKAX.


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Drawdown Indicators


FIQFXFHKAXDifference

Max Drawdown

Largest peak-to-trough decline

-58.33%

-58.62%

+0.29%

Max Drawdown (1Y)

Largest decline over 1 year

-15.95%

-15.97%

+0.02%

Max Drawdown (5Y)

Largest decline over 5 years

-53.73%

-54.04%

+0.31%

Max Drawdown (10Y)

Largest decline over 10 years

-58.62%

Current Drawdown

Current decline from peak

-10.78%

-10.83%

+0.05%

Average Drawdown

Average peak-to-trough decline

-22.90%

-19.15%

-3.75%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.11%

4.12%

-0.01%

Volatility

FIQFX vs. FHKAX - Volatility Comparison

Fidelity Advisor China Region Fund Class Z (FIQFX) and Fidelity Advisor China Region Fund Class A (FHKAX) have volatilities of 9.26% and 9.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FIQFXFHKAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.26%

9.26%

0.00%

Volatility (6M)

Calculated over the trailing 6-month period

16.44%

16.44%

0.00%

Volatility (1Y)

Calculated over the trailing 1-year period

23.17%

23.16%

+0.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.96%

23.95%

+0.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.05%

22.09%

+1.96%