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FQITX vs. APHIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FQITX vs. APHIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity SAI International Quality Index Fund (FQITX) and Artisan International Fund Institutional Class (APHIX). The values are adjusted to include any dividend payments, if applicable.

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FQITX vs. APHIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
FQITX
Fidelity SAI International Quality Index Fund
-6.47%17.04%1.04%18.44%-17.12%14.00%29.60%
APHIX
Artisan International Fund Institutional Class
3.79%36.49%10.89%14.52%-19.35%9.10%27.40%

Returns By Period

In the year-to-date period, FQITX achieves a -6.47% return, which is significantly lower than APHIX's 3.79% return.


FQITX

1D
0.31%
1M
-12.39%
YTD
-6.47%
6M
-3.66%
1Y
6.17%
3Y*
6.42%
5Y*
4.47%
10Y*

APHIX

1D
-0.57%
1M
-8.93%
YTD
3.79%
6M
5.56%
1Y
29.58%
3Y*
18.43%
5Y*
9.55%
10Y*
9.34%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FQITX vs. APHIX - Expense Ratio Comparison

FQITX has a 0.19% expense ratio, which is lower than APHIX's 0.96% expense ratio.


Return for Risk

FQITX vs. APHIX — Risk / Return Rank

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

FQITX
FQITX Risk / Return Rank: 1111
Overall Rank
FQITX Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
FQITX Sortino Ratio Rank: 1111
Sortino Ratio Rank
FQITX Omega Ratio Rank: 1010
Omega Ratio Rank
FQITX Calmar Ratio Rank: 1212
Calmar Ratio Rank
FQITX Martin Ratio Rank: 1313
Martin Ratio Rank

APHIX
APHIX Risk / Return Rank: 8989
Overall Rank
APHIX Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
APHIX Sortino Ratio Rank: 8787
Sortino Ratio Rank
APHIX Omega Ratio Rank: 8585
Omega Ratio Rank
APHIX Calmar Ratio Rank: 9090
Calmar Ratio Rank
APHIX Martin Ratio Rank: 9191
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.

FQITX vs. APHIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI International Quality Index Fund (FQITX) and Artisan International Fund Institutional Class (APHIX). 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.


FQITXAPHIXDifference

Sharpe ratio

Return per unit of total volatility

0.26

1.86

-1.60

Sortino ratio

Return per unit of downside risk

0.49

2.39

-1.90

Omega ratio

Gain probability vs. loss probability

1.06

1.35

-0.29

Calmar ratio

Return relative to maximum drawdown

0.31

2.53

-2.22

Martin ratio

Return relative to average drawdown

1.18

10.66

-9.48

FQITX vs. APHIX - Sharpe Ratio Comparison

The current FQITX Sharpe Ratio is 0.26, which is lower than the APHIX Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of FQITX and APHIX, 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


FQITXAPHIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.26

1.86

-1.60

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.27

0.62

-0.34

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.29

+0.23

Correlation

The correlation between FQITX and APHIX is 0.84, 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

FQITX vs. APHIX - Dividend Comparison

FQITX's dividend yield for the trailing twelve months is around 2.18%, less than APHIX's 21.80% yield.


TTM20252024202320222021202020192018201720162015
FQITX
Fidelity SAI International Quality Index Fund
2.18%2.04%1.60%2.54%3.13%11.07%0.00%0.00%0.00%0.00%0.00%0.00%
APHIX
Artisan International Fund Institutional Class
21.80%22.63%10.37%2.10%2.84%23.52%3.45%5.44%10.02%0.91%1.50%0.73%

Drawdowns

FQITX vs. APHIX - Drawdown Comparison

The maximum FQITX drawdown since its inception was -31.39%, smaller than the maximum APHIX drawdown of -68.47%. Use the drawdown chart below to compare losses from any high point for FQITX and APHIX.


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Drawdown Indicators


FQITXAPHIXDifference

Max Drawdown

Largest peak-to-trough decline

-31.39%

-68.47%

+37.08%

Max Drawdown (1Y)

Largest decline over 1 year

-12.89%

-9.77%

-3.12%

Max Drawdown (5Y)

Largest decline over 5 years

-31.39%

-33.73%

+2.34%

Max Drawdown (10Y)

Largest decline over 10 years

-33.73%

Current Drawdown

Current decline from peak

-12.62%

-9.77%

-2.85%

Average Drawdown

Average peak-to-trough decline

-6.93%

-23.20%

+16.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.42%

2.59%

+0.83%

Volatility

FQITX vs. APHIX - Volatility Comparison

Fidelity SAI International Quality Index Fund (FQITX) has a higher volatility of 7.47% compared to Artisan International Fund Institutional Class (APHIX) at 6.04%. This indicates that FQITX's price experiences larger fluctuations and is considered to be riskier than APHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FQITXAPHIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.47%

6.04%

+1.43%

Volatility (6M)

Calculated over the trailing 6-month period

11.83%

10.13%

+1.70%

Volatility (1Y)

Calculated over the trailing 1-year period

17.95%

15.33%

+2.62%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.40%

15.61%

+0.79%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.30%

16.16%

+0.14%