FIQIX vs. MISIX
Compare and contrast key facts about Fidelity Advisor International Small Cap Fund Class Z (FIQIX) and Victory Trivalent International Small-Cap Fund Class I (MISIX).
FIQIX is managed by Fidelity. It was launched on Oct 2, 2018. MISIX is managed by Victory Capital.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIQIX or MISIX.
Key characteristics
| FIQIX | MISIX | |
|---|---|---|
| YTD Return | 4.12% | 8.00% |
| 1Y Return | 17.48% | 20.58% |
| 3Y Return (Ann) | 0.39% | -4.65% |
| 5Y Return (Ann) | 6.47% | 4.25% |
| Sharpe Ratio | 1.53 | 1.46 |
| Sortino Ratio | 2.21 | 2.05 |
| Omega Ratio | 1.28 | 1.26 |
| Calmar Ratio | 1.23 | 0.70 |
| Martin Ratio | 7.59 | 7.99 |
| Ulcer Index | 2.28% | 2.58% |
| Daily Std Dev | 11.29% | 14.14% |
| Max Drawdown | -36.61% | -67.62% |
| Current Drawdown | -5.17% | -14.79% |
Correlation
The correlation between FIQIX and MISIX is 0.93, 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.
Performance
FIQIX vs. MISIX - Performance Comparison
In the year-to-date period, FIQIX achieves a 4.12% return, which is significantly lower than MISIX's 8.00% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FIQIX vs. MISIX - Expense Ratio Comparison
FIQIX has a 0.89% expense ratio, which is lower than MISIX's 0.97% expense ratio.
Risk-Adjusted Performance
FIQIX vs. MISIX - 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 Small-Cap Fund Class I (MISIX). 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.
Dividends
FIQIX vs. MISIX - Dividend Comparison
FIQIX's dividend yield for the trailing twelve months is around 1.91%, more than MISIX's 1.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIQIX Fidelity Advisor International Small Cap Fund Class Z | 1.91% | 1.99% | 0.83% | 2.70% | 0.93% | 1.97% | 2.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MISIX Victory Trivalent International Small-Cap Fund Class I | 1.76% | 1.90% | 1.12% | 1.74% | 0.40% | 1.99% | 1.28% | 1.29% | 1.56% | 1.20% | 7.85% | 1.94% |
Drawdowns
FIQIX vs. MISIX - Drawdown Comparison
The maximum FIQIX drawdown since its inception was -36.61%, smaller than the maximum MISIX drawdown of -67.62%. Use the drawdown chart below to compare losses from any high point for FIQIX and MISIX. For additional features, visit the drawdowns tool.
Volatility
FIQIX vs. MISIX - Volatility Comparison
Fidelity Advisor International Small Cap Fund Class Z (FIQIX) and Victory Trivalent International Small-Cap Fund Class I (MISIX) have volatilities of 2.76% and 2.77%, 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.