FIQKX vs. VOO

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor International Value Fund Class Z (FIQKX) and Vanguard S&P 500 ETF (VOO).

FIQKX is managed by Fidelity. It was launched on Oct 2, 2018. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.

Performance

FIQKX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor International Value Fund Class Z (FIQKX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

FIQKX vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FIQKX Fidelity Advisor International Value Fund Class Z	1.13%	43.69%	5.00%	19.30%	-7.79%	14.97%	3.45%	19.10%	-10.92%
VOO Vanguard S&P 500 ETF	-3.66%	17.82%	24.98%	26.32%	-18.17%	28.79%	18.32%	31.37%	-10.33%

Returns By Period

In the year-to-date period, FIQKX achieves a 1.13% return, which is significantly higher than VOO's -3.66% return.

FIQKX

• 1D: 2.66%
• 1M: -4.99%
• YTD: 1.13%
• 6M: 6.82%
• 1Y: 27.47%
• 3Y*: 19.91%
• 5Y*: 12.28%
• 10Y*: —

VOO

• 1D: 0.79%
• 1M: -4.29%
• YTD: -3.66%
• 6M: -1.41%
• 1Y: 18.17%
• 3Y*: 18.58%
• 5Y*: 11.93%
• 10Y*: 14.14%

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

FIQKX vs. VOO - Expense Ratio Comparison

FIQKX has a 0.89% expense ratio, which is higher than VOO's 0.03% expense ratio.

FIQKX

Fidelity Advisor International Value Fund Class Z

VOO

Vanguard S&P 500 ETF

Return for Risk

FIQKX vs. VOO — Risk / Return Rank

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

FIQKX

FIQKX Risk / Return Rank: 81
FIQKX Sharpe Ratio Rank: 81
FIQKX Sortino Ratio Rank: 79
FIQKX Omega Ratio Rank: 78
FIQKX Calmar Ratio Rank: 83
FIQKX Martin Ratio Rank: 83

VOO

VOO Risk / Return Rank: 60
VOO Sharpe Ratio Rank: 54
VOO Sortino Ratio Rank: 57
VOO Omega Ratio Rank: 61
VOO Calmar Ratio Rank: 59
VOO Martin Ratio Rank: 69

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.

FIQKX vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Value Fund Class Z (FIQKX) and Vanguard S&P 500 ETF (VOO). 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.

	FIQKX	VOO	Difference
Sharpe ratio Return per unit of total volatility	1.59	1.01	+0.59
Sortino ratio Return per unit of downside risk	2.13	1.53	+0.60
Omega ratio Gain probability vs. loss probability	1.32	1.23	+0.09
Calmar ratio Return relative to maximum drawdown	2.26	1.55	+0.71
Martin ratio Return relative to average drawdown	9.08	7.31	+1.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIQKX vs. VOO - Sharpe Ratio Comparison

The current FIQKX Sharpe Ratio is 1.59, which is higher than the VOO Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of FIQKX and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FIQKX	VOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.59	1.01	+0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.71	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.79	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.83	-0.28

Correlation

The correlation between FIQKX and VOO is 0.73, 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

FIQKX vs. VOO - Dividend Comparison

FIQKX's dividend yield for the trailing twelve months is around 2.42%, more than VOO's 1.18% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIQKX Fidelity Advisor International Value Fund Class Z	2.42%	2.44%	2.49%	2.20%	1.96%	4.41%	1.82%	3.68%	3.52%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.18%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Drawdowns

FIQKX vs. VOO - Drawdown Comparison

The maximum FIQKX drawdown since its inception was -38.64%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FIQKX and VOO.

Drawdown Indicators

	FIQKX	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-38.64%	-33.99%	-4.65%
Max Drawdown (1Y) Largest decline over 1 year	-11.65%	-11.98%	+0.33%
Max Drawdown (5Y) Largest decline over 5 years	-27.46%	-24.52%	-2.94%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-6.85%	-5.55%	-1.30%
Average Drawdown Average peak-to-trough decline	-5.81%	-3.72%	-2.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.91%	2.55%	+0.36%

Volatility

FIQKX vs. VOO - Volatility Comparison

Fidelity Advisor International Value Fund Class Z (FIQKX) has a higher volatility of 7.53% compared to Vanguard S&P 500 ETF (VOO) at 5.34%. This indicates that FIQKX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIQKX	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.53%	5.34%	+2.19%
Volatility (6M) Calculated over the trailing 6-month period	10.94%	9.47%	+1.47%
Volatility (1Y) Calculated over the trailing 1-year period	17.49%	18.11%	-0.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.48%	16.82%	-0.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.32%	17.99%	+1.33%