FIVOX vs. FSPSX
FIVOX (Fidelity Advisor International Value Fund Class C) and FSPSX (Fidelity International Index Fund) are both Foreign Large Cap Equities funds from Fidelity. Over the past 10 years, FIVOX returned 8.87%/yr vs 9.69%/yr for FSPSX. Their 0.97 correlation means they have historically moved very closely together. FIVOX charges 2.05%/yr vs 0.04%/yr for FSPSX.
Performance
FIVOX vs. FSPSX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FIVOX achieves a 10.70% return, which is significantly lower than FSPSX's 12.57% return. Over the past 10 years, FIVOX has underperformed FSPSX with an annualized return of 8.87%, while FSPSX has yielded a comparatively higher 9.69% annualized return.
FIVOX
- 1D
- 2.34%
- 1M
- 2.48%
- 6M
- 5.50%
- YTD
- 10.70%
- 1Y
- 26.22%
- 3Y*
- 19.55%
- 5Y*
- 12.67%
- 10Y*
- 8.87%
- ALL TIME*
- 3.79%
FSPSX
- 1D
- 2.56%
- 1M
- 1.98%
- 6M
- 7.21%
- YTD
- 12.57%
- 1Y
- 26.28%
- 3Y*
- 16.54%
- 5Y*
- 9.66%
- 10Y*
- 9.69%
- ALL TIME*
- 8.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FIVOX vs. FSPSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIVOX Fidelity Advisor International Value Fund Class C | 10.70% | 42.17% | 3.82% | 17.89% | -8.89% | 13.67% | 2.26% | 17.55% | -18.09% | 17.80% |
FSPSX Fidelity International Index Fund | 12.57% | 31.98% | 3.70% | 18.31% | -14.23% | 11.45% | 8.16% | 22.03% | -13.55% | 25.37% |
Correlation
The correlation between FIVOX and FSPSX is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2011 | 0.97 |
The correlation between FIVOX and FSPSX has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FIVOX vs. FSPSX — Risk / Return Rank
FIVOX
FSPSX
FIVOX vs. FSPSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Value Fund Class C (FIVOX) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FIVOX | FSPSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.29 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.39 | 2.20 | +0.20 |
| Martin ratioReturn relative to average drawdown | 8.58 | 8.33 | +0.25 |
Loading charts...
Drawdowns
FIVOX vs. FSPSX - Drawdown Comparison
The maximum FIVOX drawdown since its inception was -66.60%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FIVOX and FSPSX.
Loading charts...
Drawdown Indicators
| FIVOX | FSPSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.60% | -33.69% | -32.91% |
Max Drawdown (1Y)Largest decline over 1 year | -10.51% | -11.39% | +0.88% |
Max Drawdown (3Y)Largest decline over 3 years | -14.52% | -13.58% | -0.94% |
Max Drawdown (5Y)Largest decline over 5 years | -28.00% | -29.41% | +1.41% |
Max Drawdown (10Y)Largest decline over 10 years | -44.75% | -33.69% | -11.06% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -21.95% | -6.49% | -15.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.93% | 3.00% | -0.07% |
Volatility
FIVOX vs. FSPSX - Volatility Comparison
Fidelity Advisor International Value Fund Class C (FIVOX) and Fidelity International Index Fund (FSPSX) have volatilities of 4.41% and 4.57%, 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.
Loading charts...
Volatility by Period
| FIVOX | FSPSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 4.57% | -0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 12.73% | 13.22% | -0.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.04% | 15.52% | -0.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.54% | 16.12% | +0.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.61% | 16.29% | +1.32% |
FIVOX vs. FSPSX - Expense Ratio Comparison
FIVOX has a 2.05% expense ratio, which is higher than FSPSX's 0.04% expense ratio.
Dividends
FIVOX vs. FSPSX - Dividend Comparison
FIVOX's dividend yield for the trailing twelve months is around 1.56%, less than FSPSX's 2.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIVOX Fidelity Advisor International Value Fund Class C | 1.56% | 1.72% | 1.00% | 1.04% | 0.78% | 2.89% | 0.92% | 2.34% | 1.81% | 0.15% | 1.53% | 0.24% |
FSPSX Fidelity International Index Fund | 2.80% | 3.15% | 3.27% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.50% | 3.08% | 2.79% |
Frequently Asked Questions
With a correlation of 0.95, FIVOX and FSPSX 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.
FSPSX has higher volatility (4.57%) compared to FIVOX (4.41%). In terms of maximum drawdown, FIVOX dropped -66.60% vs FSPSX's -33.69%.
FIVOX currently has the higher Sharpe Ratio (1.68 vs 1.62), 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.
Find the right allocation for FIVOX and FSPSX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer