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FIXIX vs. LZISX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIXIX vs. LZISX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor International Small Cap Fund Class I (FIXIX) and Lazard International Small Cap Equity Portfolio (LZISX). The values are adjusted to include any dividend payments, if applicable.

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FIXIX vs. LZISX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FIXIX
Fidelity Advisor International Small Cap Fund Class I
-2.51%24.65%0.02%19.63%-16.66%13.44%9.97%21.45%-16.09%31.49%
LZISX
Lazard International Small Cap Equity Portfolio
0.85%35.95%-3.68%11.59%-26.34%12.36%13.45%25.49%-24.90%36.67%

Returns By Period

In the year-to-date period, FIXIX achieves a -2.51% return, which is significantly lower than LZISX's 0.85% return. Over the past 10 years, FIXIX has outperformed LZISX with an annualized return of 8.01%, while LZISX has yielded a comparatively lower 5.50% annualized return.


FIXIX

1D
-0.30%
1M
-10.41%
YTD
-2.51%
6M
-0.82%
1Y
15.85%
3Y*
10.25%
5Y*
5.07%
10Y*
8.01%

LZISX

1D
-1.57%
1M
-10.48%
YTD
0.85%
6M
3.47%
1Y
31.00%
3Y*
11.16%
5Y*
3.36%
10Y*
5.50%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FIXIX vs. LZISX - Expense Ratio Comparison

FIXIX has a 1.02% expense ratio, which is lower than LZISX's 1.14% expense ratio.


Return for Risk

FIXIX vs. LZISX — Risk / Return Rank

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

FIXIX
FIXIX Risk / Return Rank: 5555
Overall Rank
FIXIX Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
FIXIX Sortino Ratio Rank: 5555
Sortino Ratio Rank
FIXIX Omega Ratio Rank: 5858
Omega Ratio Rank
FIXIX Calmar Ratio Rank: 5353
Calmar Ratio Rank
FIXIX Martin Ratio Rank: 4646
Martin Ratio Rank

LZISX
LZISX Risk / Return Rank: 8282
Overall Rank
LZISX Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
LZISX Sortino Ratio Rank: 8080
Sortino Ratio Rank
LZISX Omega Ratio Rank: 7474
Omega Ratio Rank
LZISX Calmar Ratio Rank: 8888
Calmar Ratio Rank
LZISX Martin Ratio Rank: 8787
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.

FIXIX vs. LZISX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Small Cap Fund Class I (FIXIX) and Lazard International Small Cap Equity Portfolio (LZISX). 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.


FIXIXLZISXDifference

Sharpe ratio

Return per unit of total volatility

1.10

1.59

-0.49

Sortino ratio

Return per unit of downside risk

1.46

2.04

-0.57

Omega ratio

Gain probability vs. loss probability

1.22

1.28

-0.06

Calmar ratio

Return relative to maximum drawdown

1.26

2.35

-1.08

Martin ratio

Return relative to average drawdown

4.62

9.28

-4.66

FIXIX vs. LZISX - Sharpe Ratio Comparison

The current FIXIX Sharpe Ratio is 1.10, which is lower than the LZISX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of FIXIX and LZISX, 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


FIXIXLZISXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.10

1.59

-0.49

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.38

0.20

+0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

0.33

+0.25

Sharpe Ratio (All Time)

Calculated using the full available price history

0.71

0.40

+0.31

Correlation

The correlation between FIXIX and LZISX is 0.86, 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

FIXIX vs. LZISX - Dividend Comparison

FIXIX's dividend yield for the trailing twelve months is around 3.63%, more than LZISX's 1.89% yield.


TTM20252024202320222021202020192018201720162015
FIXIX
Fidelity Advisor International Small Cap Fund Class I
3.63%3.54%2.59%1.88%0.68%7.25%0.81%2.32%6.13%2.45%2.81%2.78%
LZISX
Lazard International Small Cap Equity Portfolio
1.89%1.91%1.89%2.08%5.44%36.78%2.07%2.10%4.62%0.00%2.96%0.69%

Drawdowns

FIXIX vs. LZISX - Drawdown Comparison

The maximum FIXIX drawdown since its inception was -60.85%, smaller than the maximum LZISX drawdown of -65.43%. Use the drawdown chart below to compare losses from any high point for FIXIX and LZISX.


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Drawdown Indicators


FIXIXLZISXDifference

Max Drawdown

Largest peak-to-trough decline

-60.85%

-65.43%

+4.58%

Max Drawdown (1Y)

Largest decline over 1 year

-10.73%

-12.10%

+1.37%

Max Drawdown (5Y)

Largest decline over 5 years

-31.05%

-42.01%

+10.96%

Max Drawdown (10Y)

Largest decline over 10 years

-38.82%

-44.80%

+5.98%

Current Drawdown

Current decline from peak

-10.41%

-12.10%

+1.69%

Average Drawdown

Average peak-to-trough decline

-10.63%

-14.85%

+4.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.94%

3.06%

-0.12%

Volatility

FIXIX vs. LZISX - Volatility Comparison

The current volatility for Fidelity Advisor International Small Cap Fund Class I (FIXIX) is 5.71%, while Lazard International Small Cap Equity Portfolio (LZISX) has a volatility of 7.69%. This indicates that FIXIX experiences smaller price fluctuations and is considered to be less risky than LZISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FIXIXLZISXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.71%

7.69%

-1.98%

Volatility (6M)

Calculated over the trailing 6-month period

8.69%

14.72%

-6.03%

Volatility (1Y)

Calculated over the trailing 1-year period

13.30%

18.69%

-5.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.34%

17.13%

-3.79%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.93%

16.81%

-2.88%