FIVLX vs. COSYX

Last updated Jun 4, 2026

FIVLX (Fidelity International Value Fund) and COSYX (Columbia Overseas Value Fund Institutional 3 Class) are both Foreign Large Cap Equities funds. Over the past 10 years, FIVLX returned 9.41%/yr vs 10.37%/yr for COSYX. Their correlation of 0.95 suggests significant overlap in exposure. FIVLX charges 1.01%/yr vs 0.77%/yr for COSYX.

Performance

FIVLX vs. COSYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Value Fund (FIVLX) and Columbia Overseas Value Fund Institutional 3 Class (COSYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FIVLX having a 7.08% return and COSYX slightly higher at 7.43%. Over the past 10 years, FIVLX has underperformed COSYX with an annualized return of 9.41%, while COSYX has yielded a comparatively higher 10.37% annualized return.

FIVLX

• 1D: 0.33%
• 1M: 2.86%
• YTD: 7.08%
• 6M: 11.18%
• 1Y: 23.52%
• 3Y*: 21.69%
• 5Y*: 12.30%
• 10Y*: 9.41%

COSYX

• 1D: 0.53%
• 1M: 0.93%
• YTD: 7.43%
• 6M: 10.20%
• 1Y: 28.17%
• 3Y*: 21.96%
• 5Y*: 11.58%
• 10Y*: 10.37%

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

FIVLX vs. COSYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIVLX Fidelity International Value Fund	7.08%	43.67%	5.33%	19.27%	-7.99%	14.89%	3.36%	18.92%	-17.17%	17.85%
COSYX Columbia Overseas Value Fund Institutional 3 Class	7.43%	45.97%	4.87%	16.28%	-5.91%	10.98%	-0.05%	22.64%	-16.64%	27.80%

Correlation

The correlation between FIVLX and COSYX is 0.93, 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	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.95

The correlation between FIVLX and COSYX has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

Return for Risk

FIVLX vs. COSYX — Risk / Return Rank

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

FIVLX

FIVLX Risk / Return Rank: 31
FIVLX Sharpe Ratio Rank: 30
FIVLX Sortino Ratio Rank: 28
FIVLX Omega Ratio Rank: 29
FIVLX Calmar Ratio Rank: 33
FIVLX Martin Ratio Rank: 36

COSYX

COSYX Risk / Return Rank: 42
COSYX Sharpe Ratio Rank: 46
COSYX Sortino Ratio Rank: 43
COSYX Omega Ratio Rank: 44
COSYX Calmar Ratio Rank: 38
COSYX Martin Ratio Rank: 37

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.

FIVLX vs. COSYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Value Fund (FIVLX) and Columbia Overseas Value Fund Institutional 3 Class (COSYX). 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.

	FIVLX	COSYX	Difference
Sharpe ratio: Return per unit of total volatility	1.55	1.99	-0.44
Sortino ratio: Return per unit of downside risk	2.21	2.76	-0.56
Omega ratio: Gain probability vs. loss probability	1.28	1.36	-0.08
Calmar ratio: Return relative to maximum drawdown	2.17	2.32	-0.15
Martin ratio: Return relative to average drawdown	8.03	8.16	-0.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIVLX vs. COSYX - Sharpe Ratio Comparison

The current FIVLX Sharpe Ratio is 1.55, which is comparable to the COSYX Sharpe Ratio of 1.99. The chart below compares the historical Sharpe Ratios of FIVLX and COSYX, 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

	FIVLX	COSYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	1.99	-0.44
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.73	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	0.60	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.57	-0.35

Drawdowns

FIVLX vs. COSYX - Drawdown Comparison

The maximum FIVLX drawdown since its inception was -65.21%, which is greater than COSYX's maximum drawdown of -43.16%. Use the drawdown chart below to compare losses from any high point for FIVLX and COSYX.

Drawdown Indicators

	FIVLX	COSYX	Difference
Max Drawdown Largest peak-to-trough decline	-65.21%	-43.16%	-22.05%
Max Drawdown (1Y) Largest decline over 1 year	-10.44%	-11.76%	+1.32%
Max Drawdown (3Y) Largest decline over 3 years	-14.48%	-13.32%	-1.16%
Max Drawdown (5Y) Largest decline over 5 years	-27.49%	-25.80%	-1.69%
Max Drawdown (10Y) Largest decline over 10 years	-43.43%	-43.16%	-0.27%
Current Drawdown Current decline from peak	-1.37%	-4.53%	+3.16%
Average Drawdown Average peak-to-trough decline	-17.07%	-7.11%	-9.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.82%	3.34%	-0.52%

Volatility

FIVLX vs. COSYX - Volatility Comparison

Fidelity International Value Fund (FIVLX) has a higher volatility of 4.73% compared to Columbia Overseas Value Fund Institutional 3 Class (COSYX) at 3.62%. This indicates that FIVLX's price experiences larger fluctuations and is considered to be riskier than COSYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIVLX	COSYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.73%	3.62%	+1.11%
Volatility (6M) Calculated over the trailing 6-month period	11.82%	10.94%	+0.88%
Volatility (1Y) Calculated over the trailing 1-year period	14.65%	13.75%	+0.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.55%	15.84%	+0.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.92%	17.45%	+0.47%

FIVLX vs. COSYX - Expense Ratio Comparison

FIVLX has a 1.01% expense ratio, which is higher than COSYX's 0.77% expense ratio.

Dividends

FIVLX vs. COSYX - Dividend Comparison

FIVLX's dividend yield for the trailing twelve months is around 2.17%, less than COSYX's 7.50% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COSYX Columbia Overseas Value Fund Institutional 3 Class	7.50%	8.05%	5.55%	4.11%	2.00%	3.75%	1.82%	3.97%	3.75%	1.71%	2.20%	0.00%
FIVLX Fidelity International Value Fund	2.17%	2.32%	2.90%	2.06%	1.85%	4.35%	1.74%	3.54%	3.33%	0.15%	2.71%	1.44%

Frequently Asked Questions

Can I hold both FIVLX and COSYX in my portfolio?

With a correlation of 0.93, FIVLX and COSYX 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, FIVLX or COSYX?

FIVLX has higher volatility (4.73%) compared to COSYX (3.62%). In terms of maximum drawdown, FIVLX dropped -65.21% vs COSYX's -43.16%.

Which has better risk-adjusted returns?

COSYX currently has the higher Sharpe Ratio (1.99 vs 1.55), 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.