Correlation
The correlation between FIQIX and MIEIX 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. MIEIX
Compare and contrast key facts about Fidelity Advisor International Small Cap Fund Class Z (FIQIX) and MFS International Equity Fund Class R6 (MIEIX).
FIQIX is managed by Fidelity. It was launched on Oct 2, 2018. MIEIX is managed by MFS. It was launched on Jan 31, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIQIX or MIEIX.
Performance
FIQIX vs. MIEIX - Performance Comparison
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Key characteristics
FIQIX:
0.80
MIEIX:
0.91
FIQIX:
1.06
MIEIX:
1.16
FIQIX:
1.15
MIEIX:
1.16
FIQIX:
0.80
MIEIX:
0.91
FIQIX:
2.02
MIEIX:
2.76
FIQIX:
5.02%
MIEIX:
4.42%
FIQIX:
13.63%
MIEIX:
15.00%
FIQIX:
-36.61%
MIEIX:
-52.61%
FIQIX:
-0.48%
MIEIX:
-0.69%
Returns By Period
The year-to-date returns for both stocks are quite close, with FIQIX having a 14.99% return and MIEIX slightly lower at 14.87%.
FIQIX
14.99%
5.17%
12.86%
10.86%
8.76%
11.86%
N/A
MIEIX
14.87%
4.38%
12.29%
13.55%
11.46%
11.99%
7.56%
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FIQIX vs. MIEIX - Expense Ratio Comparison
FIQIX has a 0.89% expense ratio, which is higher than MIEIX's 0.68% expense ratio.
Risk-Adjusted Performance
FIQIX vs. MIEIX — Risk-Adjusted Performance Rank
FIQIX
MIEIX
FIQIX vs. MIEIX - 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 MFS International Equity Fund Class R6 (MIEIX). 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. MIEIX - Dividend Comparison
FIQIX's dividend yield for the trailing twelve months is around 2.37%, more than MIEIX's 1.28% 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% |
MIEIX MFS International Equity Fund Class R6 | 1.28% | 1.47% | 1.67% | 1.26% | 5.40% | 1.00% | 3.12% | 1.63% | 1.85% | 1.78% | 1.71% | 2.71% |
Drawdowns
FIQIX vs. MIEIX - Drawdown Comparison
The maximum FIQIX drawdown since its inception was -36.61%, smaller than the maximum MIEIX drawdown of -52.61%. Use the drawdown chart below to compare losses from any high point for FIQIX and MIEIX.
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Volatility
FIQIX vs. MIEIX - Volatility Comparison
The current volatility for Fidelity Advisor International Small Cap Fund Class Z (FIQIX) is 2.36%, while MFS International Equity Fund Class R6 (MIEIX) has a volatility of 3.14%. This indicates that FIQIX experiences smaller price fluctuations and is considered to be less risky than MIEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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