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FOPTX vs. FTISX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FOPTX vs. FTISX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor International Small Cap Opportunities Fund Class M (FOPTX) and Fidelity Advisor International Small Cap Fund Class M (FTISX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FOPTX achieves a 7.41% return, which is significantly lower than FTISX's 9.95% return. Both investments have delivered pretty close results over the past 10 years, with FOPTX having a 8.48% annualized return and FTISX not far behind at 8.34%.


FOPTX

1D
0.54%
1M
2.74%
YTD
7.41%
6M
9.93%
1Y
16.76%
3Y*
13.91%
5Y*
4.38%
10Y*
8.48%

FTISX

1D
-0.38%
1M
3.39%
YTD
9.95%
6M
11.86%
1Y
18.31%
3Y*
13.82%
5Y*
5.72%
10Y*
8.34%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FOPTX vs. FTISX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FOPTX
Fidelity Advisor International Small Cap Opportunities Fund Class M
7.41%24.34%3.53%16.38%-29.35%17.07%18.89%28.31%-14.58%34.48%
FTISX
Fidelity Advisor International Small Cap Fund Class M
9.95%24.03%-0.46%18.97%-17.12%12.83%9.29%20.77%-16.57%31.41%

Correlation

The correlation between FOPTX and FTISX is 0.90, 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

0.90

Correlation (3Y)
Calculated over the trailing 3-year period

0.90

Correlation (5Y)
Calculated over the trailing 5-year period

0.90

Correlation (10Y)
Calculated over the trailing 10-year period

0.90

Correlation (All Time)
Calculated using the full available price history since Aug 4, 2005

0.91

The correlation between FOPTX and FTISX has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.

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Return for Risk

FOPTX vs. FTISX — Risk / Return Rank

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

FOPTX
FOPTX Risk / Return Rank: 1717
Overall Rank
FOPTX Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
FOPTX Sortino Ratio Rank: 1717
Sortino Ratio Rank
FOPTX Omega Ratio Rank: 1717
Omega Ratio Rank
FOPTX Calmar Ratio Rank: 1717
Calmar Ratio Rank
FOPTX Martin Ratio Rank: 1818
Martin Ratio Rank

FTISX
FTISX Risk / Return Rank: 2525
Overall Rank
FTISX Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
FTISX Sortino Ratio Rank: 2626
Sortino Ratio Rank
FTISX Omega Ratio Rank: 2828
Omega Ratio Rank
FTISX Calmar Ratio Rank: 2121
Calmar Ratio Rank
FTISX Martin Ratio Rank: 2424
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.

FOPTX vs. FTISX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Small Cap Opportunities Fund Class M (FOPTX) and Fidelity Advisor International Small Cap Fund Class M (FTISX). 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.


FOPTXFTISXDifference
Sharpe ratioReturn per unit of total volatility

-0.29

Sortino ratioReturn per unit of downside risk

-0.39

Omega ratioGain probability vs. loss probability

1.22

1.28

-0.06

Calmar ratioReturn relative to maximum drawdown

1.46

1.67

-0.21

Martin ratioReturn relative to average drawdown

4.85

5.95

-1.11

FOPTX vs. FTISX - Sharpe Ratio Comparison

The current FOPTX Sharpe Ratio is 1.18, which is comparable to the FTISX Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of FOPTX and FTISX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


FOPTXFTISXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.18

1.47

-0.29

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.26

0.42

-0.16

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

0.35

0.71

-0.36

Drawdowns

FOPTX vs. FTISX - Drawdown Comparison

The maximum FOPTX drawdown since its inception was -72.84%, which is greater than FTISX's maximum drawdown of -61.12%. Use the drawdown chart below to compare losses from any high point for FOPTX and FTISX.


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Drawdown Indicators


FOPTXFTISXDifference

Max Drawdown

Largest peak-to-trough decline

-72.84%

-61.12%

-11.72%

Max Drawdown (1Y)

Largest decline over 1 year

-11.06%

-10.75%

-0.31%

Max Drawdown (3Y)

Largest decline over 3 years

-14.89%

-12.95%

-1.94%

Max Drawdown (5Y)

Largest decline over 5 years

-41.09%

-31.45%

-9.64%

Max Drawdown (10Y)

Largest decline over 10 years

-41.09%

-39.55%

-1.54%

Current Drawdown

Current decline from peak

-1.01%

-1.08%

+0.07%

Average Drawdown

Average peak-to-trough decline

-19.42%

-10.98%

-8.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.33%

3.01%

+0.32%

Volatility

FOPTX vs. FTISX - Volatility Comparison

Fidelity Advisor International Small Cap Opportunities Fund Class M (FOPTX) has a higher volatility of 4.36% compared to Fidelity Advisor International Small Cap Fund Class M (FTISX) at 3.80%. This indicates that FOPTX's price experiences larger fluctuations and is considered to be riskier than FTISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FOPTXFTISXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.36%

3.80%

+0.56%

Volatility (6M)

Calculated over the trailing 6-month period

10.87%

10.14%

+0.73%

Volatility (1Y)

Calculated over the trailing 1-year period

13.72%

12.23%

+1.49%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.74%

13.57%

+3.17%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.10%

14.05%

+2.05%

FOPTX vs. FTISX - Expense Ratio Comparison

FOPTX has a 1.77% expense ratio, which is higher than FTISX's 1.57% expense ratio.


Dividends

FOPTX vs. FTISX - Dividend Comparison

FOPTX's dividend yield for the trailing twelve months is around 11.05%, more than FTISX's 2.97% yield.


PositionTTM20252024202320222021202020192018201720162015
FOPTX
Fidelity Advisor International Small Cap Opportunities Fund Class M
11.05%11.87%6.04%3.23%6.62%8.95%0.00%0.57%2.33%1.28%0.66%0.48%
FTISX
Fidelity Advisor International Small Cap Fund Class M
2.97%3.26%2.24%1.40%0.13%6.94%0.34%1.81%5.50%2.52%2.08%2.86%

Frequently Asked Questions


With a correlation of 0.90, FOPTX and FTISX 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.

FOPTX has higher volatility (4.36%) compared to FTISX (3.80%). In terms of maximum drawdown, FOPTX dropped -72.84% vs FTISX's -61.12%.

FTISX currently has the higher Sharpe Ratio (1.47 vs 1.18), 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.

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