FZAJX vs. IHDG
Compare and contrast key facts about Fidelity Advisor International Growth Fund Class Z (FZAJX) and WisdomTree International Hedged Dividend Growth Fund (IHDG).
FZAJX is managed by Fidelity. It was launched on Aug 13, 2013. IHDG is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree International Hedged Dividend Growth Index. It was launched on May 7, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZAJX or IHDG.
Key characteristics
| FZAJX | IHDG | |
|---|---|---|
| YTD Return | 7.79% | 5.86% |
| 1Y Return | 20.32% | 14.04% |
| 3Y Return (Ann) | -0.31% | 4.29% |
| 5Y Return (Ann) | 7.33% | 9.22% |
| 10Y Return (Ann) | 7.56% | 9.26% |
| Sharpe Ratio | 1.46 | 1.21 |
| Sortino Ratio | 2.08 | 1.70 |
| Omega Ratio | 1.25 | 1.22 |
| Calmar Ratio | 1.12 | 1.51 |
| Martin Ratio | 7.08 | 5.46 |
| Ulcer Index | 2.82% | 2.58% |
| Daily Std Dev | 13.70% | 11.65% |
| Max Drawdown | -34.84% | -29.24% |
| Current Drawdown | -4.85% | -6.09% |
Correlation
The correlation between FZAJX and IHDG is 0.83, 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
FZAJX vs. IHDG - Performance Comparison
In the year-to-date period, FZAJX achieves a 7.79% return, which is significantly higher than IHDG's 5.86% return. Over the past 10 years, FZAJX has underperformed IHDG with an annualized return of 7.56%, while IHDG has yielded a comparatively higher 9.26% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FZAJX vs. IHDG - Expense Ratio Comparison
FZAJX has a 0.87% expense ratio, which is higher than IHDG's 0.58% expense ratio.
Risk-Adjusted Performance
FZAJX vs. IHDG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Growth Fund Class Z (FZAJX) and WisdomTree International Hedged Dividend Growth Fund (IHDG). 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.
Dividends
FZAJX vs. IHDG - Dividend Comparison
FZAJX's dividend yield for the trailing twelve months is around 0.57%, less than IHDG's 1.75% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZAJX Fidelity Advisor International Growth Fund Class Z | 0.57% | 0.61% | 0.36% | 0.53% | 0.22% | 1.11% | 1.04% | 0.76% | 1.40% | 0.92% | 1.00% | 1.18% |
IHDG WisdomTree International Hedged Dividend Growth Fund | 1.75% | 1.70% | 13.79% | 2.77% | 1.95% | 1.99% | 0.22% | 1.28% | 1.91% | 3.04% | 3.86% | 0.00% |
Drawdowns
FZAJX vs. IHDG - Drawdown Comparison
The maximum FZAJX drawdown since its inception was -34.84%, which is greater than IHDG's maximum drawdown of -29.24%. Use the drawdown chart below to compare losses from any high point for FZAJX and IHDG. For additional features, visit the drawdowns tool.
Volatility
FZAJX vs. IHDG - Volatility Comparison
Fidelity Advisor International Growth Fund Class Z (FZAJX) has a higher volatility of 4.05% compared to WisdomTree International Hedged Dividend Growth Fund (IHDG) at 3.53%. This indicates that FZAJX's price experiences larger fluctuations and is considered to be riskier than IHDG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.