FOSKX vs. FSPGX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Overseas Fund Class K (FOSKX) and Fidelity Large Cap Growth Index Fund (FSPGX).

FOSKX is managed by Fidelity. It was launched on May 9, 2008. FSPGX is managed by Fidelity.

Performance

FOSKX vs. FSPGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Overseas Fund Class K (FOSKX) and Fidelity Large Cap Growth Index Fund (FSPGX). The values are adjusted to include any dividend payments, if applicable.

FOSKX vs. FSPGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FOSKX Fidelity Overseas Fund Class K	-5.82%	20.90%	5.28%	20.70%	-24.71%	19.43%	15.55%	28.58%	-14.64%	27.84%
FSPGX Fidelity Large Cap Growth Index Fund	-13.03%	18.54%	33.27%	42.77%	-29.17%	27.57%	38.46%	36.38%	-1.79%	27.70%

Returns By Period

In the year-to-date period, FOSKX achieves a -5.82% return, which is significantly higher than FSPGX's -13.03% return.

FOSKX

• 1D: 0.43%
• 1M: -11.39%
• YTD: -5.82%
• 6M: -5.49%
• 1Y: 6.91%
• 3Y*: 9.50%
• 5Y*: 5.04%
• 10Y*: 7.98%

FSPGX

• 1D: -0.45%
• 1M: -8.63%
• YTD: -13.03%
• 6M: -12.06%
• 1Y: 14.49%
• 3Y*: 19.68%
• 5Y*: 11.91%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FOSKX vs. FSPGX - Expense Ratio Comparison

FOSKX has a 0.89% expense ratio, which is higher than FSPGX's 0.04% expense ratio.

FOSKX

Fidelity Overseas Fund Class K

FSPGX

Fidelity Large Cap Growth Index Fund

Return for Risk

FOSKX vs. FSPGX — Risk / Return Rank

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

FOSKX

FOSKX Risk / Return Rank: 14
FOSKX Sharpe Ratio Rank: 13
FOSKX Sortino Ratio Rank: 12
FOSKX Omega Ratio Rank: 12
FOSKX Calmar Ratio Rank: 15
FOSKX Martin Ratio Rank: 16

FSPGX

FSPGX Risk / Return Rank: 28
FSPGX Sharpe Ratio Rank: 29
FSPGX Sortino Ratio Rank: 33
FSPGX Omega Ratio Rank: 32
FSPGX Calmar Ratio Rank: 25
FSPGX Martin Ratio Rank: 23

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.

FOSKX vs. FSPGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Overseas Fund Class K (FOSKX) and Fidelity Large Cap Growth Index Fund (FSPGX). 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.

	FOSKX	FSPGX	Difference
Sharpe ratio Return per unit of total volatility	0.32	0.66	-0.34
Sortino ratio Return per unit of downside risk	0.56	1.10	-0.54
Omega ratio Gain probability vs. loss probability	1.08	1.15	-0.08
Calmar ratio Return relative to maximum drawdown	0.41	0.72	-0.31
Martin ratio Return relative to average drawdown	1.49	2.51	-1.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FOSKX vs. FSPGX - Sharpe Ratio Comparison

The current FOSKX Sharpe Ratio is 0.32, which is lower than the FSPGX Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of FOSKX and FSPGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FOSKX	FSPGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.32	0.66	-0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.29	0.56	-0.27
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.22	0.78	-0.56

Correlation

The correlation between FOSKX and FSPGX is 0.71, 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

FOSKX vs. FSPGX - Dividend Comparison

FOSKX's dividend yield for the trailing twelve months is around 5.26%, more than FSPGX's 0.40% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FOSKX Fidelity Overseas Fund Class K	5.26%	4.96%	1.84%	1.13%	0.88%	4.64%	0.62%	1.44%	6.08%	0.06%	2.09%	1.17%
FSPGX Fidelity Large Cap Growth Index Fund	0.40%	0.34%	0.37%	0.73%	0.86%	2.22%	1.76%	1.04%	1.32%	0.22%	0.00%	0.00%

Drawdowns

FOSKX vs. FSPGX - Drawdown Comparison

The maximum FOSKX drawdown since its inception was -59.28%, which is greater than FSPGX's maximum drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FOSKX and FSPGX.

Drawdown Indicators

	FOSKX	FSPGX	Difference
Max Drawdown Largest peak-to-trough decline	-59.28%	-32.66%	-26.62%
Max Drawdown (1Y) Largest decline over 1 year	-12.35%	-16.17%	+3.82%
Max Drawdown (5Y) Largest decline over 5 years	-36.45%	-32.66%	-3.79%
Max Drawdown (10Y) Largest decline over 10 years	-36.45%	—	—
Current Drawdown Current decline from peak	-11.88%	-16.17%	+4.29%
Average Drawdown Average peak-to-trough decline	-14.48%	-6.43%	-8.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.37%	4.63%	-1.26%

Volatility

FOSKX vs. FSPGX - Volatility Comparison

Fidelity Overseas Fund Class K (FOSKX) has a higher volatility of 8.24% compared to Fidelity Large Cap Growth Index Fund (FSPGX) at 5.33%. This indicates that FOSKX's price experiences larger fluctuations and is considered to be riskier than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FOSKX	FSPGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.24%	5.33%	+2.91%
Volatility (6M) Calculated over the trailing 6-month period	11.93%	11.79%	+0.14%
Volatility (1Y) Calculated over the trailing 1-year period	18.09%	22.32%	-4.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.41%	21.46%	-4.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.03%	21.63%	-4.60%