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FTCEX vs. FSOSX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FTCEX vs. FSOSX - Performance Comparison

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

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Returns By Period

In the year-to-date period, FTCEX achieves a 11.60% return, which is significantly higher than FSOSX's 5.89% return.


FTCEX

1D
3.03%
1M
-0.54%
6M
5.05%
YTD
11.60%
1Y
24.53%
3Y*
16.31%
5Y*
8.19%
10Y*
9.52%
ALL TIME*
4.18%

FSOSX

1D
3.74%
1M
-1.43%
6M
2.20%
YTD
5.89%
1Y
10.65%
3Y*
12.17%
5Y*
5.77%
10Y*
ALL TIME*
9.49%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

FTCEX vs. FSOSX - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
FTCEX
Fidelity Advisor Total International Equity Fund Class C
11.60%31.18%5.41%15.12%-17.90%10.01%16.73%8.43%
FSOSX
Fidelity Series Overseas Fund
5.89%21.29%5.87%21.49%-23.25%19.59%16.36%7.78%

Correlation

The correlation between FTCEX and FSOSX is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.95

Correlation (3Y)
Balances recent behavior with more history.

0.93

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.92

Correlation (All Time)
Calculated using the full available price history since Jun 28, 2019

0.93

The correlation between FTCEX and FSOSX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

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Return for Risk

FTCEX vs. FSOSX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FTCEX
FTCEX Risk / Return Rank: 4848
Overall Rank
FTCEX Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
FTCEX Sortino Ratio Rank: 4545
Sortino Ratio Rank
FTCEX Omega Ratio Rank: 4848
Omega Ratio Rank
FTCEX Calmar Ratio Rank: 4949
Calmar Ratio Rank
FTCEX Martin Ratio Rank: 5050
Martin Ratio Rank

FSOSX
FSOSX Risk / Return Rank: 1414
Overall Rank
FSOSX Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
FSOSX Sortino Ratio Rank: 1313
Sortino Ratio Rank
FSOSX Omega Ratio Rank: 1313
Omega Ratio Rank
FSOSX Calmar Ratio Rank: 1515
Calmar Ratio Rank
FSOSX Martin Ratio Rank: 1818
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FTCEX vs. FSOSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Total International Equity Fund Class C (FTCEX) and Fidelity Series Overseas Fund (FSOSX). 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.


FTCEXFSOSXDifference
Sharpe ratioReturn per unit of total volatility

+0.90

Sortino ratioReturn per unit of downside risk

+1.15

Omega ratioGain probability vs. loss probability

1.25

1.10

+0.16

Calmar ratioReturn relative to maximum drawdown

1.95

0.70

+1.25

Martin ratioReturn relative to average drawdown

7.23

2.38

+4.85

FTCEX vs. FSOSX - Sharpe Ratio Comparison

The current FTCEX Sharpe Ratio is 1.37, which is higher than the FSOSX Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of FTCEX and FSOSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

FTCEX vs. FSOSX - Drawdown Comparison

The maximum FTCEX drawdown since its inception was -62.39%, which is greater than FSOSX's maximum drawdown of -35.36%. Use the drawdown chart below to compare losses from any high point for FTCEX and FSOSX.


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Drawdown Indicators


FTCEXFSOSXDifference

Max Drawdown

Largest peak-to-trough decline

-62.39%

-35.36%

-27.03%

Max Drawdown (1Y)

Largest decline over 1 year

-11.84%

-12.39%

+0.55%

Max Drawdown (3Y)

Largest decline over 3 years

-14.13%

-14.07%

-0.06%

Max Drawdown (5Y)

Largest decline over 5 years

-30.67%

-35.36%

+4.69%

Max Drawdown (10Y)

Largest decline over 10 years

-33.53%

Current Drawdown

Current decline from peak

-2.92%

-3.54%

+0.62%

Average Drawdown

Average peak-to-trough decline

-14.86%

-7.67%

-7.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.18%

3.64%

-0.46%

Volatility

FTCEX vs. FSOSX - Volatility Comparison

The current volatility for Fidelity Advisor Total International Equity Fund Class C (FTCEX) is 5.78%, while Fidelity Series Overseas Fund (FSOSX) has a volatility of 6.20%. This indicates that FTCEX experiences smaller price fluctuations and is considered to be less risky than FSOSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FTCEXFSOSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.78%

6.20%

-0.42%

Volatility (6M)

Calculated over the trailing 6-month period

15.01%

16.57%

-1.56%

Volatility (1Y)

Calculated over the trailing 1-year period

16.89%

18.60%

-1.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.50%

18.06%

-1.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.78%

19.15%

-2.37%

FTCEX vs. FSOSX - Expense Ratio Comparison

FTCEX has a 2.05% expense ratio, which is higher than FSOSX's 0.01% expense ratio.


Dividends

FTCEX vs. FSOSX - Dividend Comparison

FTCEX's dividend yield for the trailing twelve months is around 0.19%, less than FSOSX's 8.64% yield.


PositionTTM2025202420232022202120202019201820172016
FSOSX
Fidelity Series Overseas Fund
8.64%9.15%2.25%1.63%1.80%2.92%1.12%0.37%0.00%0.00%0.00%
FTCEX
Fidelity Advisor Total International Equity Fund Class C
0.19%0.21%0.24%0.43%0.08%7.34%1.74%0.67%0.00%3.47%0.31%

Frequently Asked Questions


With a correlation of 0.95, FTCEX and FSOSX 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.

FSOSX has higher volatility (6.20%) compared to FTCEX (5.78%). In terms of maximum drawdown, FTCEX dropped -62.39% vs FSOSX's -35.36%.

FTCEX currently has the higher Sharpe Ratio (1.37 vs 0.47), 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.

Portfolio Optimizer

Find the right allocation for FTCEX and FSOSX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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