FZAJX vs. PWJZX
Compare and contrast key facts about Fidelity Advisor International Growth Fund Class Z (FZAJX) and PGIM Jennison International Opportunities Fund (PWJZX).
FZAJX is managed by Fidelity. It was launched on Aug 13, 2013. PWJZX is managed by PGIM Investments. It was launched on Jun 4, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZAJX or PWJZX.
Key characteristics
| FZAJX | PWJZX | |
|---|---|---|
| YTD Return | 9.94% | 12.08% |
| 1Y Return | 23.07% | 22.64% |
| 3Y Return (Ann) | 0.32% | -7.66% |
| 5Y Return (Ann) | 7.80% | 9.84% |
| 10Y Return (Ann) | 7.86% | 9.41% |
| Sharpe Ratio | 1.75 | 1.39 |
| Sortino Ratio | 2.47 | 2.01 |
| Omega Ratio | 1.30 | 1.25 |
| Calmar Ratio | 1.31 | 0.64 |
| Martin Ratio | 8.50 | 6.64 |
| Ulcer Index | 2.79% | 3.53% |
| Daily Std Dev | 13.56% | 16.91% |
| Max Drawdown | -34.84% | -48.26% |
| Current Drawdown | -2.95% | -21.61% |
Correlation
The correlation between FZAJX and PWJZX is 0.89, 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. PWJZX - Performance Comparison
In the year-to-date period, FZAJX achieves a 9.94% return, which is significantly lower than PWJZX's 12.08% return. Over the past 10 years, FZAJX has underperformed PWJZX with an annualized return of 7.86%, while PWJZX has yielded a comparatively higher 9.41% 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. PWJZX - Expense Ratio Comparison
FZAJX has a 0.87% expense ratio, which is lower than PWJZX's 0.90% expense ratio.
Risk-Adjusted Performance
FZAJX vs. PWJZX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Growth Fund Class Z (FZAJX) and PGIM Jennison International Opportunities Fund (PWJZX). 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. PWJZX - Dividend Comparison
FZAJX's dividend yield for the trailing twelve months is around 0.56%, more than PWJZX's 0.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZAJX Fidelity Advisor International Growth Fund Class Z | 0.56% | 0.61% | 0.36% | 0.53% | 0.22% | 1.11% | 1.04% | 0.76% | 1.40% | 0.92% | 1.00% | 1.18% |
PWJZX PGIM Jennison International Opportunities Fund | 0.08% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% | 0.17% | 0.24% | 0.00% | 0.00% | 0.00% |
Drawdowns
FZAJX vs. PWJZX - Drawdown Comparison
The maximum FZAJX drawdown since its inception was -34.84%, smaller than the maximum PWJZX drawdown of -48.26%. Use the drawdown chart below to compare losses from any high point for FZAJX and PWJZX. For additional features, visit the drawdowns tool.
Volatility
FZAJX vs. PWJZX - Volatility Comparison
Fidelity Advisor International Growth Fund Class Z (FZAJX) and PGIM Jennison International Opportunities Fund (PWJZX) have volatilities of 3.80% and 3.88%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.