Correlation
The correlation between FIQIX and MICYX is 0.71, 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.
FIQIX vs. MICYX
Compare and contrast key facts about Fidelity Advisor International Small Cap Fund Class Z (FIQIX) and Victory Trivalent International Fund-Core Equity (MICYX).
FIQIX is managed by Fidelity. It was launched on Oct 2, 2018. MICYX is managed by Victory. It was launched on Aug 16, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIQIX or MICYX.
Performance
FIQIX vs. MICYX - Performance Comparison
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Key characteristics
FIQIX:
0.86
MICYX:
0.97
FIQIX:
1.09
MICYX:
1.26
FIQIX:
1.15
MICYX:
1.18
FIQIX:
0.82
MICYX:
1.03
FIQIX:
2.07
MICYX:
3.77
FIQIX:
5.02%
MICYX:
3.78%
FIQIX:
13.69%
MICYX:
16.46%
FIQIX:
-36.61%
MICYX:
-64.23%
FIQIX:
-0.37%
MICYX:
-0.65%
Returns By Period
In the year-to-date period, FIQIX achieves a 15.12% return, which is significantly lower than MICYX's 15.99% return.
FIQIX
15.12%
5.36%
13.95%
11.64%
8.68%
11.89%
N/A
MICYX
15.99%
5.91%
14.25%
15.79%
11.52%
11.36%
5.72%
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FIQIX vs. MICYX - Expense Ratio Comparison
FIQIX has a 0.89% expense ratio, which is higher than MICYX's 0.70% expense ratio.
Risk-Adjusted Performance
FIQIX vs. MICYX — Risk-Adjusted Performance Rank
FIQIX
MICYX
FIQIX vs. MICYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Small Cap Fund Class Z (FIQIX) and Victory Trivalent International Fund-Core Equity (MICYX). 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.
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Dividends
FIQIX vs. MICYX - Dividend Comparison
FIQIX's dividend yield for the trailing twelve months is around 2.37%, less than MICYX's 3.09% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FIQIX Fidelity Advisor International Small Cap Fund Class Z | 2.37% | 2.73% | 1.99% | 0.83% | 7.39% | 0.93% | 2.47% | 6.33% | 0.00% | 0.00% | 0.00% | 0.00% |
MICYX Victory Trivalent International Fund-Core Equity | 3.09% | 3.58% | 3.75% | 2.63% | 3.67% | 1.45% | 1.13% | 4.38% | 6.90% | 2.20% | 1.92% | 1.35% |
Drawdowns
FIQIX vs. MICYX - Drawdown Comparison
The maximum FIQIX drawdown since its inception was -36.61%, smaller than the maximum MICYX drawdown of -64.23%. Use the drawdown chart below to compare losses from any high point for FIQIX and MICYX.
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Volatility
FIQIX vs. MICYX - Volatility Comparison
The current volatility for Fidelity Advisor International Small Cap Fund Class Z (FIQIX) is 2.34%, while Victory Trivalent International Fund-Core Equity (MICYX) has a volatility of 2.53%. This indicates that FIQIX experiences smaller price fluctuations and is considered to be less risky than MICYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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