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

Correlation

The correlation between FWIFX and LAZ is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

FWIFX vs. LAZ - Performance Comparison

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

200.00%300.00%400.00%500.00%600.00%700.00%800.00%JulyAugustSeptemberOctoberNovemberDecember
628.15%
273.04%
FWIFX
LAZ

Key characteristics

Sharpe Ratio

FWIFX:

0.72

LAZ:

1.62

Sortino Ratio

FWIFX:

0.97

LAZ:

2.63

Omega Ratio

FWIFX:

1.16

LAZ:

1.30

Calmar Ratio

FWIFX:

0.87

LAZ:

2.16

Martin Ratio

FWIFX:

4.09

LAZ:

9.79

Ulcer Index

FWIFX:

3.66%

LAZ:

5.75%

Daily Std Dev

FWIFX:

20.92%

LAZ:

34.80%

Max Drawdown

FWIFX:

-33.71%

LAZ:

-62.72%

Current Drawdown

FWIFX:

-16.38%

LAZ:

-13.97%

Returns By Period

In the year-to-date period, FWIFX achieves a 12.80% return, which is significantly lower than LAZ's 56.52% return. Over the past 10 years, FWIFX has outperformed LAZ with an annualized return of 10.29%, while LAZ has yielded a comparatively lower 5.91% annualized return.


FWIFX

YTD

12.80%

1M

-12.56%

6M

-7.66%

1Y

13.39%

5Y*

10.32%

10Y*

10.29%

LAZ

YTD

56.52%

1M

-5.30%

6M

45.84%

1Y

56.20%

5Y*

11.65%

10Y*

5.91%

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Risk-Adjusted Performance

FWIFX vs. LAZ - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for FWIFX, currently valued at 0.72, compared to the broader market-1.000.001.002.003.004.000.721.62
The chart of Sortino ratio for FWIFX, currently valued at 0.97, compared to the broader market-2.000.002.004.006.008.0010.000.972.63
The chart of Omega ratio for FWIFX, currently valued at 1.16, compared to the broader market0.501.001.502.002.503.003.501.161.30
The chart of Calmar ratio for FWIFX, currently valued at 0.87, compared to the broader market0.002.004.006.008.0010.0012.0014.000.872.16
The chart of Martin ratio for FWIFX, currently valued at 4.09, compared to the broader market0.0020.0040.0060.004.099.79
FWIFX
LAZ

The current FWIFX Sharpe Ratio is 0.72, which is lower than the LAZ Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of FWIFX and LAZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.72
1.62
FWIFX
LAZ

Dividends

FWIFX vs. LAZ - Dividend Comparison

FWIFX's dividend yield for the trailing twelve months is around 0.03%, less than LAZ's 3.84% yield.


TTM20232022202120202019201820172016201520142013
FWIFX
Fidelity Advisor Worldwide Fund Class I
0.03%0.93%0.74%0.44%0.07%0.66%0.40%0.67%0.85%4.38%11.54%8.79%
LAZ
Lazard Ltd
3.84%5.75%5.60%4.31%4.44%4.78%8.21%5.35%6.55%5.22%2.40%2.21%

Drawdowns

FWIFX vs. LAZ - Drawdown Comparison

The maximum FWIFX drawdown since its inception was -33.71%, smaller than the maximum LAZ drawdown of -62.72%. Use the drawdown chart below to compare losses from any high point for FWIFX and LAZ. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-16.38%
-13.97%
FWIFX
LAZ

Volatility

FWIFX vs. LAZ - Volatility Comparison

Fidelity Advisor Worldwide Fund Class I (FWIFX) has a higher volatility of 14.01% compared to Lazard Ltd (LAZ) at 10.01%. This indicates that FWIFX's price experiences larger fluctuations and is considered to be riskier than LAZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
14.01%
10.01%
FWIFX
LAZ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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