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FWIFX vs. FSPSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FWIFX and FSPSX is 0.76, 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.


Performance

FWIFX vs. FSPSX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FWIFX:

-0.39

FSPSX:

0.62

Sortino Ratio

FWIFX:

-0.32

FSPSX:

1.00

Omega Ratio

FWIFX:

0.95

FSPSX:

1.14

Calmar Ratio

FWIFX:

-0.29

FSPSX:

0.80

Martin Ratio

FWIFX:

-0.72

FSPSX:

2.33

Ulcer Index

FWIFX:

12.37%

FSPSX:

4.69%

Daily Std Dev

FWIFX:

25.01%

FSPSX:

16.73%

Max Drawdown

FWIFX:

-41.13%

FSPSX:

-33.69%

Current Drawdown

FWIFX:

-21.26%

FSPSX:

-0.89%

Returns By Period

In the year-to-date period, FWIFX achieves a -5.63% return, which is significantly lower than FSPSX's 13.04% return. Over the past 10 years, FWIFX has underperformed FSPSX with an annualized return of 4.09%, while FSPSX has yielded a comparatively higher 5.46% annualized return.


FWIFX

YTD

-5.63%

1M

6.37%

6M

-19.29%

1Y

-9.33%

5Y*

4.77%

10Y*

4.09%

FSPSX

YTD

13.04%

1M

8.15%

6M

9.51%

1Y

10.01%

5Y*

12.13%

10Y*

5.46%

*Annualized

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FWIFX vs. FSPSX - Expense Ratio Comparison

FWIFX has a 1.02% expense ratio, which is higher than FSPSX's 0.04% expense ratio.


Risk-Adjusted Performance

FWIFX vs. FSPSX — Risk-Adjusted Performance Rank

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

FWIFX
The Risk-Adjusted Performance Rank of FWIFX is 77
Overall Rank
The Sharpe Ratio Rank of FWIFX is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of FWIFX is 77
Sortino Ratio Rank
The Omega Ratio Rank of FWIFX is 77
Omega Ratio Rank
The Calmar Ratio Rank of FWIFX is 55
Calmar Ratio Rank
The Martin Ratio Rank of FWIFX is 77
Martin Ratio Rank

FSPSX
The Risk-Adjusted Performance Rank of FSPSX is 7070
Overall Rank
The Sharpe Ratio Rank of FSPSX is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of FSPSX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of FSPSX is 6767
Omega Ratio Rank
The Calmar Ratio Rank of FSPSX is 8383
Calmar Ratio Rank
The Martin Ratio Rank of FSPSX is 6868
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FWIFX vs. FSPSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Worldwide Fund Class I (FWIFX) 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.


The current FWIFX Sharpe Ratio is -0.39, which is lower than the FSPSX Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of FWIFX 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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Dividends

FWIFX vs. FSPSX - Dividend Comparison

FWIFX's dividend yield for the trailing twelve months is around 0.94%, less than FSPSX's 2.56% yield.


TTM20242023202220212020201920182017201620152014
FWIFX
Fidelity Advisor Worldwide Fund Class I
0.94%0.89%0.93%0.74%0.44%0.07%0.66%0.40%0.67%0.85%4.38%11.54%
FSPSX
Fidelity International Index Fund
2.56%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.36%2.99%2.79%3.53%

Drawdowns

FWIFX vs. FSPSX - Drawdown Comparison

The maximum FWIFX drawdown since its inception was -41.13%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FWIFX and FSPSX. For additional features, visit the drawdowns tool.


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Volatility

FWIFX vs. FSPSX - Volatility Comparison

Fidelity Advisor Worldwide Fund Class I (FWIFX) has a higher volatility of 5.82% compared to Fidelity International Index Fund (FSPSX) at 4.08%. This indicates that FWIFX's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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