FOPIX vs. FZROX
Compare and contrast key facts about Fidelity Advisor International Small Cap Opportunities Fund Class I (FOPIX) and Fidelity ZERO Total Market Index Fund (FZROX).
FOPIX is managed by Fidelity. It was launched on Aug 2, 2005. FZROX is managed by Fidelity.
Performance
FOPIX vs. FZROX - Performance Comparison
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FOPIX vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FOPIX Fidelity Advisor International Small Cap Opportunities Fund Class I | -4.85% | 25.00% | 4.06% | 16.88% | -28.91% | 17.64% | 19.57% | 29.11% | -10.86% |
FZROX Fidelity ZERO Total Market Index Fund | -6.77% | 17.23% | 23.94% | 26.20% | -19.21% | 26.00% | 20.51% | 31.15% | -12.72% |
Returns By Period
In the year-to-date period, FOPIX achieves a -4.85% return, which is significantly higher than FZROX's -6.77% return.
FOPIX
- 1D
- -0.19%
- 1M
- -11.00%
- YTD
- -4.85%
- 6M
- -3.45%
- 1Y
- 16.08%
- 3Y*
- 10.36%
- 5Y*
- 3.98%
- 10Y*
- 7.98%
FZROX
- 1D
- -0.45%
- 1M
- -7.71%
- YTD
- -6.77%
- 6M
- -4.49%
- 1Y
- 14.82%
- 3Y*
- 16.81%
- 5Y*
- 10.36%
- 10Y*
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FOPIX vs. FZROX - Expense Ratio Comparison
FOPIX has a 1.24% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Return for Risk
FOPIX vs. FZROX — Risk / Return Rank
FOPIX
FZROX
FOPIX vs. FZROX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Small Cap Opportunities Fund Class I (FOPIX) and Fidelity ZERO Total Market Index Fund (FZROX). 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.
| FOPIX | FZROX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.98 | 0.84 | +0.14 |
Sortino ratioReturn per unit of downside risk | 1.39 | 1.30 | +0.10 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.20 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.20 | 1.05 | +0.15 |
Martin ratioReturn relative to average drawdown | 4.16 | 5.11 | -0.96 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FOPIX | FZROX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.98 | 0.84 | +0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | 0.60 | -0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.61 | -0.26 |
Correlation
The correlation between FOPIX and FZROX 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
FOPIX vs. FZROX - Dividend Comparison
FOPIX's dividend yield for the trailing twelve months is around 12.22%, more than FZROX's 1.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOPIX Fidelity Advisor International Small Cap Opportunities Fund Class I | 12.22% | 11.62% | 6.34% | 3.73% | 6.43% | 8.85% | 0.00% | 1.04% | 2.95% | 1.31% | 1.49% | 0.47% |
FZROX Fidelity ZERO Total Market Index Fund | 1.10% | 1.02% | 1.16% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FOPIX vs. FZROX - Drawdown Comparison
The maximum FOPIX drawdown since its inception was -72.69%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FOPIX and FZROX.
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Drawdown Indicators
| FOPIX | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.69% | -34.96% | -37.73% |
Max Drawdown (1Y)Largest decline over 1 year | -11.00% | -12.44% | +1.44% |
Max Drawdown (5Y)Largest decline over 5 years | -40.75% | -25.12% | -15.63% |
Max Drawdown (10Y)Largest decline over 10 years | -40.75% | — | — |
Current DrawdownCurrent decline from peak | -11.00% | -8.89% | -2.11% |
Average DrawdownAverage peak-to-trough decline | -18.61% | -5.61% | -13.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.17% | 2.56% | +0.61% |
Volatility
FOPIX vs. FZROX - Volatility Comparison
Fidelity Advisor International Small Cap Opportunities Fund Class I (FOPIX) has a higher volatility of 5.93% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.41%. This indicates that FOPIX's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FOPIX | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.93% | 4.41% | +1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 9.58% | 9.34% | +0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.84% | 18.49% | -3.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.60% | 17.40% | -0.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.98% | 20.25% | -4.27% |