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FIQVX vs. FSPSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIQVX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Convertible Securities Fund Class Z (FIQVX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

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FIQVX vs. FSPSX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
FIQVX
Fidelity Advisor Convertible Securities Fund Class Z
4.10%18.42%8.21%11.53%-15.27%10.04%42.63%28.74%-6.03%
FSPSX
Fidelity International Index Fund
0.95%31.98%3.70%18.31%-14.23%11.45%8.16%22.03%-10.38%

Returns By Period

In the year-to-date period, FIQVX achieves a 4.10% return, which is significantly higher than FSPSX's 0.95% return.


FIQVX

1D
2.66%
1M
-4.06%
YTD
4.10%
6M
4.29%
1Y
27.33%
3Y*
12.65%
5Y*
5.66%
10Y*

FSPSX

1D
2.95%
1M
-6.35%
YTD
0.95%
6M
5.01%
1Y
22.97%
3Y*
14.61%
5Y*
8.36%
10Y*
8.97%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FIQVX vs. FSPSX - Expense Ratio Comparison

FIQVX has a 0.59% expense ratio, which is higher than FSPSX's 0.04% expense ratio.


Return for Risk

FIQVX vs. FSPSX — Risk / Return Rank

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

FIQVX
FIQVX Risk / Return Rank: 8888
Overall Rank
FIQVX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
FIQVX Sortino Ratio Rank: 8686
Sortino Ratio Rank
FIQVX Omega Ratio Rank: 8080
Omega Ratio Rank
FIQVX Calmar Ratio Rank: 9595
Calmar Ratio Rank
FIQVX Martin Ratio Rank: 9595
Martin Ratio Rank

FSPSX
FSPSX Risk / Return Rank: 7676
Overall Rank
FSPSX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
FSPSX Sortino Ratio Rank: 7575
Sortino Ratio Rank
FSPSX Omega Ratio Rank: 7373
Omega Ratio Rank
FSPSX Calmar Ratio Rank: 8080
Calmar Ratio Rank
FSPSX Martin Ratio Rank: 7777
Martin Ratio Rank
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.

FIQVX vs. FSPSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Convertible Securities Fund Class Z (FIQVX) and Fidelity International Index Fund (FSPSX). 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.


FIQVXFSPSXDifference

Sharpe ratio

Return per unit of total volatility

1.78

1.39

+0.39

Sortino ratio

Return per unit of downside risk

2.41

1.90

+0.51

Omega ratio

Gain probability vs. loss probability

1.33

1.28

+0.05

Calmar ratio

Return relative to maximum drawdown

3.56

1.94

+1.62

Martin ratio

Return relative to average drawdown

13.36

7.43

+5.93

FIQVX vs. FSPSX - Sharpe Ratio Comparison

The current FIQVX Sharpe Ratio is 1.78, which is comparable to the FSPSX Sharpe Ratio of 1.39. The chart below compares the historical Sharpe Ratios of FIQVX and FSPSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FIQVXFSPSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.78

1.39

+0.39

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.42

0.53

-0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

Sharpe Ratio (All Time)

Calculated using the full available price history

0.83

0.47

+0.36

Correlation

The correlation between FIQVX and FSPSX is 0.70, 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

FIQVX vs. FSPSX - Dividend Comparison

FIQVX's dividend yield for the trailing twelve months is around 11.07%, more than FSPSX's 3.12% yield.


TTM20252024202320222021202020192018201720162015
FIQVX
Fidelity Advisor Convertible Securities Fund Class Z
11.07%11.52%2.13%2.24%3.88%20.80%10.85%3.40%8.28%0.00%0.00%0.00%
FSPSX
Fidelity International Index Fund
3.12%3.15%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.50%3.08%2.79%

Drawdowns

FIQVX vs. FSPSX - Drawdown Comparison

The maximum FIQVX drawdown since its inception was -25.04%, smaller than the maximum FSPSX drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FIQVX and FSPSX.


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Drawdown Indicators


FIQVXFSPSXDifference

Max Drawdown

Largest peak-to-trough decline

-25.04%

-33.69%

+8.65%

Max Drawdown (1Y)

Largest decline over 1 year

-7.74%

-11.39%

+3.65%

Max Drawdown (5Y)

Largest decline over 5 years

-24.16%

-29.41%

+5.25%

Max Drawdown (10Y)

Largest decline over 10 years

-33.69%

Current Drawdown

Current decline from peak

-4.30%

-8.22%

+3.92%

Average Drawdown

Average peak-to-trough decline

-6.83%

-6.60%

-0.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.06%

2.97%

-0.91%

Volatility

FIQVX vs. FSPSX - Volatility Comparison

The current volatility for Fidelity Advisor Convertible Securities Fund Class Z (FIQVX) is 6.85%, while Fidelity International Index Fund (FSPSX) has a volatility of 7.65%. This indicates that FIQVX experiences smaller price fluctuations and is considered to be less risky than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FIQVXFSPSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.85%

7.65%

-0.80%

Volatility (6M)

Calculated over the trailing 6-month period

12.31%

11.01%

+1.30%

Volatility (1Y)

Calculated over the trailing 1-year period

15.83%

17.00%

-1.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.40%

15.82%

-2.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.03%

16.49%

-1.46%