HLMSX vs. FTISX
Compare and contrast key facts about Harding Loevner International Small Companies Portfolio (HLMSX) and Fidelity Advisor International Small Cap Fund Class M (FTISX).
HLMSX is managed by Harding Loevner. It was launched on Mar 25, 2007. FTISX is managed by Fidelity. It was launched on May 27, 2003.
Performance
HLMSX vs. FTISX - Performance Comparison
Loading graphics...
HLMSX vs. FTISX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HLMSX Harding Loevner International Small Companies Portfolio | -3.25% | 14.87% | -6.92% | 11.78% | -24.50% | 12.82% | 18.51% | 29.45% | -17.65% | 34.42% |
FTISX Fidelity Advisor International Small Cap Fund Class M | -0.34% | 24.03% | -0.46% | 18.97% | -17.12% | 12.83% | 9.29% | 20.77% | -16.57% | 31.41% |
Returns By Period
In the year-to-date period, HLMSX achieves a -3.25% return, which is significantly lower than FTISX's -0.34% return. Over the past 10 years, HLMSX has underperformed FTISX with an annualized return of 5.40%, while FTISX has yielded a comparatively higher 7.72% annualized return.
HLMSX
- 1D
- 2.21%
- 1M
- -5.44%
- YTD
- -3.25%
- 6M
- -5.18%
- 1Y
- 8.56%
- 3Y*
- 3.59%
- 5Y*
- -0.47%
- 10Y*
- 5.40%
FTISX
- 1D
- 2.35%
- 1M
- -6.53%
- YTD
- -0.34%
- 6M
- 1.39%
- 1Y
- 17.46%
- 3Y*
- 10.55%
- 5Y*
- 4.79%
- 10Y*
- 7.72%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HLMSX vs. FTISX - Expense Ratio Comparison
HLMSX has a 1.37% expense ratio, which is lower than FTISX's 1.57% expense ratio.
Return for Risk
HLMSX vs. FTISX — Risk / Return Rank
HLMSX
FTISX
HLMSX vs. FTISX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Harding Loevner International Small Companies Portfolio (HLMSX) and Fidelity Advisor International Small Cap Fund Class M (FTISX). 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.
| HLMSX | FTISX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.67 | 1.35 | -0.67 |
Sortino ratioReturn per unit of downside risk | 0.96 | 1.78 | -0.82 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.28 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | 0.72 | 1.55 | -0.82 |
Martin ratioReturn relative to average drawdown | 1.83 | 5.59 | -3.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HLMSX | FTISX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 1.35 | -0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 0.36 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.36 | 0.56 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.68 | -0.35 |
Correlation
The correlation between HLMSX and FTISX is 0.86, 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
HLMSX vs. FTISX - Dividend Comparison
HLMSX's dividend yield for the trailing twelve months is around 4.17%, more than FTISX's 3.28% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLMSX Harding Loevner International Small Companies Portfolio | 4.17% | 4.04% | 1.17% | 1.00% | 1.83% | 2.82% | 0.03% | 0.52% | 7.56% | 1.13% | 4.37% | 1.54% |
FTISX Fidelity Advisor International Small Cap Fund Class M | 3.28% | 3.26% | 2.24% | 1.40% | 0.13% | 6.94% | 0.34% | 1.81% | 5.50% | 2.52% | 2.08% | 2.86% |
Drawdowns
HLMSX vs. FTISX - Drawdown Comparison
The maximum HLMSX drawdown since its inception was -60.77%, roughly equal to the maximum FTISX drawdown of -61.12%. Use the drawdown chart below to compare losses from any high point for HLMSX and FTISX.
Loading graphics...
Drawdown Indicators
| HLMSX | FTISX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.77% | -61.12% | +0.35% |
Max Drawdown (1Y)Largest decline over 1 year | -10.59% | -10.75% | +0.16% |
Max Drawdown (5Y)Largest decline over 5 years | -38.22% | -31.45% | -6.77% |
Max Drawdown (10Y)Largest decline over 10 years | -38.22% | -39.55% | +1.33% |
Current DrawdownCurrent decline from peak | -17.42% | -8.33% | -9.09% |
Average DrawdownAverage peak-to-trough decline | -13.24% | -11.05% | -2.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.19% | 2.97% | +1.22% |
Volatility
HLMSX vs. FTISX - Volatility Comparison
The current volatility for Harding Loevner International Small Companies Portfolio (HLMSX) is 5.45%, while Fidelity Advisor International Small Cap Fund Class M (FTISX) has a volatility of 6.16%. This indicates that HLMSX experiences smaller price fluctuations and is considered to be less risky than FTISX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HLMSX | FTISX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.45% | 6.16% | -0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 8.63% | 8.98% | -0.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.41% | 13.46% | -0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.94% | 13.40% | +1.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.88% | 13.94% | +0.94% |