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FZAJX vs. PNGAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FZAJX and PNGAX is 0.72, 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. PNGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor International Growth Fund Class Z (FZAJX) and Putnam International Value Fund (PNGAX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FZAJX:

0.37

PNGAX:

0.81

Sortino Ratio

FZAJX:

0.71

PNGAX:

1.19

Omega Ratio

FZAJX:

1.09

PNGAX:

1.17

Calmar Ratio

FZAJX:

0.46

PNGAX:

0.98

Martin Ratio

FZAJX:

1.71

PNGAX:

3.06

Ulcer Index

FZAJX:

4.47%

PNGAX:

4.44%

Daily Std Dev

FZAJX:

18.62%

PNGAX:

16.52%

Max Drawdown

FZAJX:

-35.84%

PNGAX:

-62.85%

Current Drawdown

FZAJX:

0.00%

PNGAX:

0.00%

Returns By Period

In the year-to-date period, FZAJX achieves a 10.11% return, which is significantly lower than PNGAX's 17.50% return. Over the past 10 years, FZAJX has outperformed PNGAX with an annualized return of 6.95%, while PNGAX has yielded a comparatively lower 4.90% annualized return.


FZAJX

YTD

10.11%

1M

10.49%

6M

9.13%

1Y

6.65%

5Y*

9.22%

10Y*

6.95%

PNGAX

YTD

17.50%

1M

7.56%

6M

13.75%

1Y

12.95%

5Y*

14.45%

10Y*

4.90%

*Annualized

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FZAJX vs. PNGAX - Expense Ratio Comparison

FZAJX has a 0.87% expense ratio, which is lower than PNGAX's 1.27% expense ratio.


Risk-Adjusted Performance

FZAJX vs. PNGAX — Risk-Adjusted Performance Rank

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

FZAJX
The Risk-Adjusted Performance Rank of FZAJX is 4545
Overall Rank
The Sharpe Ratio Rank of FZAJX is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of FZAJX is 4343
Sortino Ratio Rank
The Omega Ratio Rank of FZAJX is 3939
Omega Ratio Rank
The Calmar Ratio Rank of FZAJX is 5555
Calmar Ratio Rank
The Martin Ratio Rank of FZAJX is 4848
Martin Ratio Rank

PNGAX
The Risk-Adjusted Performance Rank of PNGAX is 7373
Overall Rank
The Sharpe Ratio Rank of PNGAX is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of PNGAX is 6969
Sortino Ratio Rank
The Omega Ratio Rank of PNGAX is 7070
Omega Ratio Rank
The Calmar Ratio Rank of PNGAX is 8383
Calmar Ratio Rank
The Martin Ratio Rank of PNGAX is 7272
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.

FZAJX vs. PNGAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Growth Fund Class Z (FZAJX) and Putnam International Value Fund (PNGAX). 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 FZAJX Sharpe Ratio is 0.37, which is lower than the PNGAX Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of FZAJX and PNGAX, 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

FZAJX vs. PNGAX - Dividend Comparison

FZAJX's dividend yield for the trailing twelve months is around 0.58%, less than PNGAX's 2.22% yield.


TTM20242023202220212020201920182017201620152014
FZAJX
Fidelity Advisor International Growth Fund Class Z
0.58%0.64%0.61%0.36%0.53%0.22%1.11%1.04%0.76%1.40%0.92%1.00%
PNGAX
Putnam International Value Fund
2.22%2.61%2.35%1.63%1.16%1.59%2.21%2.31%1.11%2.23%1.09%2.01%

Drawdowns

FZAJX vs. PNGAX - Drawdown Comparison

The maximum FZAJX drawdown since its inception was -35.84%, smaller than the maximum PNGAX drawdown of -62.85%. Use the drawdown chart below to compare losses from any high point for FZAJX and PNGAX. For additional features, visit the drawdowns tool.


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Volatility

FZAJX vs. PNGAX - Volatility Comparison

Fidelity Advisor International Growth Fund Class Z (FZAJX) has a higher volatility of 3.77% compared to Putnam International Value Fund (PNGAX) at 2.76%. This indicates that FZAJX's price experiences larger fluctuations and is considered to be riskier than PNGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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