FSCOX vs. FSTSX
FSCOX (Fidelity International Small Cap Opportunities Fund) and FSTSX (Fidelity Series International Small Cap Fund) are both Foreign Small & Mid Cap Equities funds from Fidelity. Over the past 10 years, FSCOX returned 9.08%/yr vs 9.97%/yr for FSTSX. With a 0.99 correlation, they move nearly in lockstep. FSCOX charges 1.23%/yr vs 0.03%/yr for FSTSX.
Performance
FSCOX vs. FSTSX - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both investments are quite close, with FSCOX having a 6.74% return and FSTSX slightly higher at 6.76%. Over the past 10 years, FSCOX has underperformed FSTSX with an annualized return of 9.08%, while FSTSX has yielded a comparatively higher 9.97% annualized return.
FSCOX
- 1D
- 0.39%
- 1M
- -1.19%
- YTD
- 6.74%
- 6M
- 7.38%
- 1Y
- 15.64%
- 3Y*
- 13.62%
- 5Y*
- 5.02%
- 10Y*
- 9.08%
FSTSX
- 1D
- 0.37%
- 1M
- -1.29%
- YTD
- 6.76%
- 6M
- 7.42%
- 1Y
- 16.55%
- 3Y*
- 14.80%
- 5Y*
- 6.53%
- 10Y*
- 9.97%
FSCOX vs. FSTSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSCOX Fidelity International Small Cap Opportunities Fund | 6.74% | 25.05% | 4.08% | 16.99% | -28.93% | 17.66% | 19.61% | 29.07% | -14.13% | 34.70% |
FSTSX Fidelity Series International Small Cap Fund | 6.76% | 27.49% | 4.97% | 18.36% | -26.25% | 18.29% | 19.61% | 28.24% | -13.19% | 34.44% |
Correlation
The correlation between FSCOX and FSTSX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Dec 4, 2009 | 0.99 |
The correlation between FSCOX and FSTSX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FSCOX vs. FSTSX — Risk / Return Rank
FSCOX
FSTSX
FSCOX vs. FSTSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Small Cap Opportunities Fund (FSCOX) and Fidelity Series International Small Cap Fund (FSTSX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FSCOX | FSTSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.21 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | 1.42 | -0.05 |
| Martin ratioReturn relative to average drawdown | 4.53 | 4.75 | -0.22 |
Loading charts...
Drawdowns
FSCOX vs. FSTSX - Drawdown Comparison
The maximum FSCOX drawdown since its inception was -72.65%, which is greater than FSTSX's maximum drawdown of -38.91%. Use the drawdown chart below to compare losses from any high point for FSCOX and FSTSX.
Loading charts...
Drawdown Indicators
| FSCOX | FSTSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.65% | -38.91% | -33.74% |
Max Drawdown (1Y)Largest decline over 1 year | -11.02% | -11.22% | +0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -14.60% | -14.47% | -0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -40.75% | -38.91% | -1.84% |
Max Drawdown (10Y)Largest decline over 10 years | -40.75% | -38.91% | -1.84% |
Current DrawdownCurrent decline from peak | -1.90% | -1.95% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -18.47% | -7.88% | -10.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.34% | 3.35% | -0.01% |
Volatility
FSCOX vs. FSTSX - Volatility Comparison
Fidelity International Small Cap Opportunities Fund (FSCOX) and Fidelity Series International Small Cap Fund (FSTSX) have volatilities of 4.69% and 4.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FSCOX | FSTSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.69% | 4.68% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 11.43% | 11.60% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.94% | 14.16% | -0.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.80% | 16.49% | +0.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.11% | 15.94% | +0.17% |
FSCOX vs. FSTSX - Expense Ratio Comparison
FSCOX has a 1.23% expense ratio, which is higher than FSTSX's 0.03% expense ratio.
Dividends
FSCOX vs. FSTSX - Dividend Comparison
FSCOX's dividend yield for the trailing twelve months is around 11.29%, less than FSTSX's 14.27% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSCOX Fidelity International Small Cap Opportunities Fund | 11.29% | 12.05% | 6.41% | 3.73% | 6.40% | 8.83% | 0.00% | 1.09% | 2.99% | 1.31% | 1.43% | 0.47% |
FSTSX Fidelity Series International Small Cap Fund | 14.27% | 15.24% | 10.22% | 3.34% | 6.38% | 13.22% | 0.81% | 4.27% | 10.99% | 6.30% | 4.01% | 7.32% |
Frequently Asked Questions
With a correlation of 1.00, FSCOX and FSTSX 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.
FSCOX has higher volatility (4.69%) compared to FSTSX (4.68%). In terms of maximum drawdown, FSCOX dropped -72.65% vs FSTSX's -38.91%.
FSTSX currently has the higher Sharpe Ratio (1.13 vs 1.09), 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.
Find the right allocation for FSCOX and FSTSX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer