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FTAEX vs. FSPSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FTAEX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Total International Equity Fund Class A (FTAEX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

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FTAEX vs. FSPSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FTAEX
Fidelity Advisor Total International Equity Fund Class A
-1.95%32.14%6.13%16.06%-17.29%10.83%17.73%27.22%-15.40%30.10%
FSPSX
Fidelity International Index Fund
-1.94%31.98%3.70%18.31%-14.23%11.45%8.16%22.03%-13.55%25.37%

Returns By Period

The year-to-date returns for both investments are quite close, with FTAEX having a -1.95% return and FSPSX slightly higher at -1.94%. Over the past 10 years, FTAEX has outperformed FSPSX with an annualized return of 9.38%, while FSPSX has yielded a comparatively lower 8.65% annualized return.


FTAEX

1D
-0.21%
1M
-11.58%
YTD
-1.95%
6M
1.35%
1Y
21.23%
3Y*
14.40%
5Y*
7.06%
10Y*
9.38%

FSPSX

1D
0.42%
1M
-10.86%
YTD
-1.94%
6M
2.58%
1Y
19.89%
3Y*
13.50%
5Y*
7.96%
10Y*
8.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FTAEX vs. FSPSX - Expense Ratio Comparison

FTAEX has a 1.30% expense ratio, which is higher than FSPSX's 0.04% expense ratio.


Return for Risk

FTAEX vs. FSPSX — Risk / Return Rank

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

FTAEX
FTAEX Risk / Return Rank: 6767
Overall Rank
FTAEX Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
FTAEX Sortino Ratio Rank: 6767
Sortino Ratio Rank
FTAEX Omega Ratio Rank: 6666
Omega Ratio Rank
FTAEX Calmar Ratio Rank: 6868
Calmar Ratio Rank
FTAEX Martin Ratio Rank: 6565
Martin Ratio Rank

FSPSX
FSPSX Risk / Return Rank: 6464
Overall Rank
FSPSX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
FSPSX Sortino Ratio Rank: 6262
Sortino Ratio Rank
FSPSX Omega Ratio Rank: 6060
Omega Ratio Rank
FSPSX Calmar Ratio Rank: 6969
Calmar Ratio Rank
FSPSX Martin Ratio Rank: 6363
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.

FTAEX vs. FSPSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Total International Equity Fund Class A (FTAEX) 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.


FTAEXFSPSXDifference

Sharpe ratio

Return per unit of total volatility

1.23

1.11

+0.12

Sortino ratio

Return per unit of downside risk

1.70

1.56

+0.14

Omega ratio

Gain probability vs. loss probability

1.25

1.23

+0.03

Calmar ratio

Return relative to maximum drawdown

1.57

1.54

+0.03

Martin ratio

Return relative to average drawdown

6.24

5.93

+0.31

FTAEX vs. FSPSX - Sharpe Ratio Comparison

The current FTAEX Sharpe Ratio is 1.23, which is comparable to the FSPSX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of FTAEX and FSPSX, 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


FTAEXFSPSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.23

1.11

+0.12

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.45

0.51

-0.06

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.56

0.53

+0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.21

0.46

-0.25

Correlation

The correlation between FTAEX and FSPSX is 0.96, 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

FTAEX vs. FSPSX - Dividend Comparison

FTAEX's dividend yield for the trailing twelve months is around 0.80%, less than FSPSX's 3.22% yield.


TTM20252024202320222021202020192018201720162015
FTAEX
Fidelity Advisor Total International Equity Fund Class A
0.80%0.79%1.12%1.08%0.89%8.40%2.27%1.43%0.65%4.07%1.12%0.80%
FSPSX
Fidelity International Index Fund
3.22%3.15%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.50%3.08%2.79%

Drawdowns

FTAEX vs. FSPSX - Drawdown Comparison

The maximum FTAEX drawdown since its inception was -62.01%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FTAEX and FSPSX.


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Drawdown Indicators


FTAEXFSPSXDifference

Max Drawdown

Largest peak-to-trough decline

-62.01%

-33.69%

-28.32%

Max Drawdown (1Y)

Largest decline over 1 year

-11.84%

-11.39%

-0.45%

Max Drawdown (5Y)

Largest decline over 5 years

-30.18%

-29.41%

-0.77%

Max Drawdown (10Y)

Largest decline over 10 years

-33.40%

-33.69%

+0.29%

Current Drawdown

Current decline from peak

-11.84%

-10.86%

-0.98%

Average Drawdown

Average peak-to-trough decline

-13.72%

-6.59%

-7.13%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.98%

2.96%

+0.02%

Volatility

FTAEX vs. FSPSX - Volatility Comparison

Fidelity Advisor Total International Equity Fund Class A (FTAEX) and Fidelity International Index Fund (FSPSX) have volatilities of 7.04% and 7.04%, 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.


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Volatility by Period


FTAEXFSPSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.04%

7.04%

0.00%

Volatility (6M)

Calculated over the trailing 6-month period

10.84%

10.63%

+0.21%

Volatility (1Y)

Calculated over the trailing 1-year period

16.55%

16.79%

-0.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.89%

15.77%

+0.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.71%

16.47%

+0.24%