FIQOX vs. VT

Last updated Jun 4, 2026

FIQOX (Fidelity Advisor Worldwide Fund Class Z) and VT (Vanguard Total World Stock ETF) are both Global Equities funds. Over the past 5 years, FIQOX returned 15.80%/yr vs 10.99%/yr for VT. Their correlation of 0.93 suggests significant overlap in exposure. FIQOX charges 0.90%/yr vs 0.06%/yr for VT.

Performance

FIQOX vs. VT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Worldwide Fund Class Z (FIQOX) and Vanguard Total World Stock ETF (VT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIQOX achieves a 20.83% return, which is significantly higher than VT's 12.24% return.

FIQOX

• 1D: 1.12%
• 1M: 8.04%
• YTD: 20.83%
• 6M: 21.10%
• 1Y: 41.26%
• 3Y*: 31.34%
• 5Y*: 15.80%
• 10Y*: —

VT

• 1D: -0.88%
• 1M: 4.91%
• YTD: 12.24%
• 6M: 13.14%
• 1Y: 29.24%
• 3Y*: 20.93%
• 5Y*: 10.99%
• 10Y*: 12.74%

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

FIQOX vs. VT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FIQOX Fidelity Advisor Worldwide Fund Class Z	20.83%	16.27%	46.05%	25.10%	-25.64%	18.58%	31.08%	29.13%	-10.40%
VT Vanguard Total World Stock ETF	12.24%	22.43%	16.49%	22.02%	-18.00%	18.27%	16.59%	26.81%	-8.83%

Correlation

The correlation between FIQOX and VT is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.93
Correlation (All Time) Calculated using the full available price history since Oct 18, 2018	0.93

The correlation between FIQOX and VT has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

Return for Risk

FIQOX vs. VT — Risk / Return Rank

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

FIQOX

FIQOX Risk / Return Rank: 69
FIQOX Sharpe Ratio Rank: 69
FIQOX Sortino Ratio Rank: 57
FIQOX Omega Ratio Rank: 59
FIQOX Calmar Ratio Rank: 79
FIQOX Martin Ratio Rank: 83

VT

VT Risk / Return Rank: 67
VT Sharpe Ratio Rank: 68
VT Sortino Ratio Rank: 68
VT Omega Ratio Rank: 67
VT Calmar Ratio Rank: 60
VT Martin Ratio Rank: 71

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.

FIQOX vs. VT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Worldwide Fund Class Z (FIQOX) and Vanguard Total World Stock ETF (VT). 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.

	FIQOX	VT	Difference
Sharpe ratio: Return per unit of total volatility	2.42	2.31	+0.11
Sortino ratio: Return per unit of downside risk	3.20	3.20	0.00
Omega ratio: Gain probability vs. loss probability	1.43	1.42	+0.01
Calmar ratio: Return relative to maximum drawdown	3.59	3.04	+0.55
Martin ratio: Return relative to average drawdown	15.53	13.53	+2.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIQOX vs. VT - Sharpe Ratio Comparison

The current FIQOX Sharpe Ratio is 2.42, which is comparable to the VT Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of FIQOX and VT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FIQOX	VT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	2.31	+0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.69	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.44	+0.40

Drawdowns

FIQOX vs. VT - Drawdown Comparison

The maximum FIQOX drawdown since its inception was -33.64%, smaller than the maximum VT drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for FIQOX and VT.

Drawdown Indicators

	FIQOX	VT	Difference
Max Drawdown Largest peak-to-trough decline	-33.64%	-50.27%	+16.63%
Max Drawdown (1Y) Largest decline over 1 year	-11.74%	-9.67%	-2.07%
Max Drawdown (3Y) Largest decline over 3 years	-22.59%	-16.51%	-6.08%
Max Drawdown (5Y) Largest decline over 5 years	-33.64%	-26.38%	-7.26%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.24%	—
Current Drawdown Current decline from peak	0.00%	-0.88%	+0.88%
Average Drawdown Average peak-to-trough decline	-7.86%	-7.02%	-0.84%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.71%	2.17%	+0.54%

Volatility

FIQOX vs. VT - Volatility Comparison

Fidelity Advisor Worldwide Fund Class Z (FIQOX) has a higher volatility of 6.04% compared to Vanguard Total World Stock ETF (VT) at 3.83%. This indicates that FIQOX's price experiences larger fluctuations and is considered to be riskier than VT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIQOX	VT	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.04%	3.83%	+2.21%
Volatility (6M) Calculated over the trailing 6-month period	13.72%	10.17%	+3.55%
Volatility (1Y) Calculated over the trailing 1-year period	17.39%	12.70%	+4.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.02%	16.05%	+3.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.18%	17.23%	+3.95%

FIQOX vs. VT - Expense Ratio Comparison

FIQOX has a 0.90% expense ratio, which is higher than VT's 0.06% expense ratio.

Dividends

FIQOX vs. VT - Dividend Comparison

FIQOX's dividend yield for the trailing twelve months is around 9.60%, more than VT's 1.59% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIQOX Fidelity Advisor Worldwide Fund Class Z	9.60%	11.60%	26.02%	1.10%	6.51%	12.99%	8.23%	5.09%	9.32%	0.00%	0.00%	0.00%
VT Vanguard Total World Stock ETF	1.59%	1.82%	1.95%	2.08%	2.20%	1.82%	1.66%	2.32%	2.53%	2.11%	2.39%	2.45%

Frequently Asked Questions

Can I hold both FIQOX and VT in my portfolio?

With a correlation of 0.91, FIQOX and VT move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FIQOX or VT?

FIQOX has higher volatility (6.04%) compared to VT (3.83%). In terms of maximum drawdown, FIQOX dropped -33.64% vs VT's -50.27%.

Which has better risk-adjusted returns?

FIQOX currently has the higher Sharpe Ratio (2.42 vs 2.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.