FTTEX vs. FIGSX

Last updated Jun 23, 2026

FTTEX (Fidelity Advisor Total International Equity Fund Class M) and FIGSX (Fidelity Series International Growth Fund) are both Foreign Large Cap Equities funds from Fidelity. Over the past 10 years, FTTEX returned 10.65%/yr vs 10.95%/yr for FIGSX. With a 0.95 correlation, they move nearly in lockstep. FTTEX charges 1.55%/yr vs 0.01%/yr for FIGSX.

Performance

FTTEX vs. FIGSX - Performance Comparison

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

Returns By Period

In the year-to-date period, FTTEX achieves a 15.24% return, which is significantly higher than FIGSX's 13.29% return. Both investments have delivered pretty close results over the past 10 years, with FTTEX having a 10.65% annualized return and FIGSX not far ahead at 10.95%.

FTTEX

• 1D: 1.52%
• 1M: 3.59%
• YTD: 15.24%
• 6M: 15.80%
• 1Y: 32.73%
• 3Y*: 18.71%
• 5Y*: 9.35%
• 10Y*: 10.65%

FIGSX

• 1D: 2.32%
• 1M: 6.81%
• YTD: 13.29%
• 6M: 13.23%
• 1Y: 24.07%
• 3Y*: 14.58%
• 5Y*: 7.47%
• 10Y*: 10.95%

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

FTTEX vs. FIGSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTTEX Fidelity Advisor Total International Equity Fund Class M	15.24%	31.78%	5.87%	15.77%	-17.44%	10.49%	17.39%	26.99%	-15.56%	29.68%
FIGSX Fidelity Series International Growth Fund	13.29%	19.12%	5.93%	21.74%	-22.87%	16.61%	18.52%	35.59%	-10.97%	30.21%

Correlation

The correlation between FTTEX and FIGSX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Dec 4, 2009	0.95

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

Return for Risk

FTTEX vs. FIGSX — Risk / Return Rank

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

FTTEX

FTTEX Risk / Return Rank: 54
FTTEX Sharpe Ratio Rank: 54
FTTEX Sortino Ratio Rank: 51
FTTEX Omega Ratio Rank: 55
FTTEX Calmar Ratio Rank: 54
FTTEX Martin Ratio Rank: 56

FIGSX

FIGSX Risk / Return Rank: 23
FIGSX Sharpe Ratio Rank: 21
FIGSX Sortino Ratio Rank: 22
FIGSX Omega Ratio Rank: 21
FIGSX Calmar Ratio Rank: 24
FIGSX Martin Ratio Rank: 28

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.

FTTEX vs. FIGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Total International Equity Fund Class M (FTTEX) and Fidelity Series International Growth Fund (FIGSX). 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.

	FTTEX	FIGSX	Difference
Sharpe ratio: Return per unit of total volatility	2.00	1.21	+0.79
Sortino ratio: Return per unit of downside risk	2.75	1.81	+0.94
Omega ratio: Gain probability vs. loss probability	1.37	1.23	+0.15
Calmar ratio: Return relative to maximum drawdown	2.69	1.68	+1.01
Martin ratio: Return relative to average drawdown	10.57	6.18	+4.40

FTTEX vs. FIGSX - Sharpe Ratio Comparison

The current FTTEX Sharpe Ratio is 2.00, which is higher than the FIGSX Sharpe Ratio of 1.21. The chart below compares the historical Sharpe Ratios of FTTEX and FIGSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTTEX vs. FIGSX - Drawdown Comparison

The maximum FTTEX drawdown since its inception was -62.21%, which is greater than FIGSX's maximum drawdown of -34.47%. Use the drawdown chart below to compare losses from any high point for FTTEX and FIGSX.

Drawdown Indicators

	FTTEX	FIGSX	Difference
Max Drawdown Largest peak-to-trough decline	-62.21%	-34.47%	-27.74%
Max Drawdown (1Y) Largest decline over 1 year	-11.85%	-13.89%	+2.04%
Max Drawdown (3Y) Largest decline over 3 years	-14.12%	-16.29%	+2.17%
Max Drawdown (5Y) Largest decline over 5 years	-30.30%	-34.47%	+4.17%
Max Drawdown (10Y) Largest decline over 10 years	-33.40%	-34.47%	+1.07%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-13.81%	-6.45%	-7.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.01%	3.78%	-0.77%

Volatility

FTTEX vs. FIGSX - Volatility Comparison

The current volatility for Fidelity Advisor Total International Equity Fund Class M (FTTEX) is 6.70%, while Fidelity Series International Growth Fund (FIGSX) has a volatility of 7.43%. This indicates that FTTEX experiences smaller price fluctuations and is considered to be less risky than FIGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTTEX	FIGSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.70%	7.43%	-0.73%
Volatility (6M) Calculated over the trailing 6-month period	13.92%	17.12%	-3.20%
Volatility (1Y) Calculated over the trailing 1-year period	15.90%	19.32%	-3.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.33%	18.28%	-1.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.89%	17.91%	-1.02%

FTTEX vs. FIGSX - Expense Ratio Comparison

FTTEX has a 1.55% expense ratio, which is higher than FIGSX's 0.01% expense ratio.

Dividends

FTTEX vs. FIGSX - Dividend Comparison

FTTEX's dividend yield for the trailing twelve months is around 0.33%, less than FIGSX's 7.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIGSX Fidelity Series International Growth Fund	7.65%	8.67%	4.29%	1.27%	3.53%	8.33%	16.24%	3.64%	7.47%	3.14%	2.54%	3.54%
FTTEX Fidelity Advisor Total International Equity Fund Class M	0.33%	0.39%	0.81%	0.85%	0.56%	7.99%	2.08%	1.18%	0.24%	3.85%	0.88%	0.56%

Frequently Asked Questions

Can I hold both FTTEX and FIGSX in my portfolio?

With a correlation of 0.94, FTTEX and FIGSX 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.

Which is riskier, FTTEX or FIGSX?

FIGSX has higher volatility (7.43%) compared to FTTEX (6.70%). In terms of maximum drawdown, FTTEX dropped -62.21% vs FIGSX's -34.47%.

Which has better risk-adjusted returns?

FTTEX currently has the higher Sharpe Ratio (2.00 vs 1.21), 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.