FOSFX vs. FSPSX
Compare and contrast key facts about Fidelity Overseas Fund (FOSFX) and Fidelity International Index Fund (FSPSX).
FOSFX is managed by Fidelity. It was launched on Dec 4, 1984. FSPSX is managed by Fidelity. It was launched on Nov 5, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FOSFX or FSPSX.
Key characteristics
| FOSFX | FSPSX | |
|---|---|---|
| YTD Return | 12.54% | 10.15% |
| 1Y Return | 29.89% | 23.98% |
| 3Y Return (Ann) | 1.81% | 4.16% |
| 5Y Return (Ann) | 8.69% | 7.42% |
| 10Y Return (Ann) | 8.29% | 6.13% |
| Sharpe Ratio | 2.03 | 1.74 |
| Sortino Ratio | 2.84 | 2.48 |
| Omega Ratio | 1.35 | 1.31 |
| Calmar Ratio | 1.12 | 1.54 |
| Martin Ratio | 12.49 | 10.90 |
| Ulcer Index | 2.20% | 2.03% |
| Daily Std Dev | 13.56% | 12.69% |
| Max Drawdown | -62.54% | -33.69% |
| Current Drawdown | -3.43% | -3.63% |
Correlation
The correlation between FOSFX and FSPSX is 0.95, 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.
Performance
FOSFX vs. FSPSX - Performance Comparison
In the year-to-date period, FOSFX achieves a 12.54% return, which is significantly higher than FSPSX's 10.15% return. Over the past 10 years, FOSFX has outperformed FSPSX with an annualized return of 8.29%, while FSPSX has yielded a comparatively lower 6.13% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FOSFX vs. FSPSX - Expense Ratio Comparison
FOSFX has a 0.99% expense ratio, which is higher than FSPSX's 0.04% expense ratio.
Risk-Adjusted Performance
FOSFX vs. FSPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Overseas Fund (FOSFX) 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.
Dividends
FOSFX vs. FSPSX - Dividend Comparison
FOSFX's dividend yield for the trailing twelve months is around 0.91%, less than FSPSX's 2.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOSFX Fidelity Overseas Fund | 0.91% | 1.02% | 0.77% | 4.54% | 0.53% | 1.35% | 5.92% | 1.09% | 1.96% | 1.06% | 1.76% | 2.98% |
FSPSX Fidelity International Index Fund | 2.89% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.50% | 3.08% | 2.79% | 3.53% | 2.59% |
Drawdowns
FOSFX vs. FSPSX - Drawdown Comparison
The maximum FOSFX drawdown since its inception was -62.54%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FOSFX and FSPSX. For additional features, visit the drawdowns tool.
Volatility
FOSFX vs. FSPSX - Volatility Comparison
Fidelity Overseas Fund (FOSFX) has a higher volatility of 4.72% compared to Fidelity International Index Fund (FSPSX) at 4.36%. This indicates that FOSFX's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.