PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
FZILX vs. DFIEX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

FZILX vs. DFIEX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity ZERO International Index Fund (FZILX) and DFA International Core Equity Portfolio I (DFIEX).

FZILX is managed by Fidelity. DFIEX is managed by Dimensional. It was launched on Sep 15, 2005.

Performance

FZILX vs. DFIEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity ZERO International Index Fund (FZILX) and DFA International Core Equity Portfolio I (DFIEX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

FZILX vs. DFIEX - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
FZILX
Fidelity ZERO International Index Fund		2.17%33.52%5.32%16.28%-15.96%8.19%11.06%21.69%-9.38%
DFIEX
DFA International Core Equity Portfolio I		2.80%36.18%3.99%17.50%-13.51%13.85%7.73%21.70%-12.59%

Returns By Period

In the year-to-date period, FZILX achieves a 2.17% return, which is significantly lower than DFIEX's 2.80% return.

FZILX

1D
3.01%
1M
-6.87%
YTD
2.17%
6M
6.45%
1Y
27.85%
3Y*
16.00%
5Y*
7.70%
10Y*
—

DFIEX

1D
3.02%
1M
-6.42%
YTD
2.80%
6M
8.00%
1Y
30.46%
3Y*
16.74%
5Y*
9.40%
10Y*
9.64%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fidelity ZERO International Index Fund

DFA International Core Equity Portfolio I

Often compared with FZILX:
FZILX vs. VXUSFZILX vs. FTIHXFZILX vs. FSPSXFZILX vs. FZROXFZILX vs. FXAIXFZILX vs. FXNAXFZILX vs. VTI
Often compared with DFIEX:
DFIEX vs. DFICDFIEX vs. VXUSDFIEX vs. DFEOXDFIEX vs. DFEMXDFIEX vs. DFALXDFIEX vs. VBLAXDFIEX vs. BCOSX

FZILX vs. DFIEX - Expense Ratio Comparison

FZILX has a 0.00% expense ratio, which is lower than DFIEX's 0.24% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

DFIEX
DFA International Core Equity Portfolio I
FZILX
Fidelity ZERO International Index Fund

Return for Risk

FZILX vs. DFIEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FZILX
FZILX Risk / Return Rank: 8787
Overall Rank
FZILX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
FZILX Sortino Ratio Rank: 8686
Sortino Ratio Rank
FZILX Omega Ratio Rank: 8484
Omega Ratio Rank
FZILX Calmar Ratio Rank: 8989
Calmar Ratio Rank
FZILX Martin Ratio Rank: 8888
Martin Ratio Rank
DFIEX
DFIEX Risk / Return Rank: 9090
Overall Rank
DFIEX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
DFIEX Sortino Ratio Rank: 9090
Sortino Ratio Rank
DFIEX Omega Ratio Rank: 8989
Omega Ratio Rank
DFIEX Calmar Ratio Rank: 9090
Calmar Ratio Rank
DFIEX Martin Ratio Rank: 9090
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FZILX vs. DFIEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity ZERO International Index Fund (FZILX) and DFA International Core Equity Portfolio I (DFIEX). 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.

FZILXDFIEXDifference

Sharpe ratio

Return per unit of total volatility

1.74

1.95

-0.21

Sortino ratio

Return per unit of downside risk

2.32

2.55

-0.22

Omega ratio

Gain probability vs. loss probability

1.35

1.39

-0.04

Calmar ratio

Return relative to maximum drawdown

2.44

2.57

-0.13

Martin ratio

Return relative to average drawdown

9.45

10.07

-0.63

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FZILX vs. DFIEX - Sharpe Ratio Comparison

The current FZILX Sharpe Ratio is 1.74, which is comparable to the DFIEX Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of FZILX and DFIEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

FZILXDFIEXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.74

1.95

-0.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.51

0.60

-0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.59

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.49

0.35

+0.15

Correlation

The correlation between FZILX and DFIEX is 0.95, 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.

Dividends

FZILX vs. DFIEX - Dividend Comparison

FZILX's dividend yield for the trailing twelve months is around 2.62%, less than DFIEX's 3.14% yield.

TTM20252024202320222021202020192018201720162015
FZILX
Fidelity ZERO International Index Fund		2.62%2.67%3.00%2.98%2.71%2.61%1.64%2.37%0.02%0.00%0.00%0.00%
DFIEX
DFA International Core Equity Portfolio I		3.14%3.22%3.42%3.36%2.88%2.98%1.77%2.90%2.95%2.49%2.76%4.20%

Drawdowns

FZILX vs. DFIEX - Drawdown Comparison

The maximum FZILX drawdown since its inception was -34.37%, smaller than the maximum DFIEX drawdown of -62.22%. Use the drawdown chart below to compare losses from any high point for FZILX and DFIEX.

Loading graphics...

Drawdown Indicators

FZILXDFIEXDifference

Max Drawdown

Largest peak-to-trough decline

-34.37%

-62.22%

+27.85%

Max Drawdown (1Y)

Largest decline over 1 year

-11.24%

-11.01%

-0.23%

Max Drawdown (5Y)

Largest decline over 5 years

-29.87%

-28.66%

-1.21%

Max Drawdown (10Y)

Largest decline over 10 years

—

-41.04%

—

Current Drawdown

Current decline from peak

-8.57%

-7.75%

-0.82%

Average Drawdown

Average peak-to-trough decline

-6.80%

-12.26%

+5.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.90%

2.81%

+0.09%

Volatility

FZILX vs. DFIEX - Volatility Comparison

Fidelity ZERO International Index Fund (FZILX) has a higher volatility of 7.90% compared to DFA International Core Equity Portfolio I (DFIEX) at 7.09%. This indicates that FZILX's price experiences larger fluctuations and is considered to be riskier than DFIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

FZILXDFIEXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.90%

7.09%

+0.81%

Volatility (6M)

Calculated over the trailing 6-month period

11.25%

10.45%

+0.80%

Volatility (1Y)

Calculated over the trailing 1-year period

16.44%

15.90%

+0.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.33%

15.65%

-0.32%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.30%

16.35%

+0.95%