ICEUX vs. FAOSX
ICEUX (MainStay Epoch International Choice Fund) and FAOSX (Fidelity Advisor Overseas Fund Class Z) are both Foreign Large Cap Equities funds. Over the past 5 years, ICEUX returned 7.94%/yr vs 2.86%/yr for FAOSX. Their correlation of 0.85 means they have usually moved in the same direction. ICEUX charges 0.95%/yr vs 1.02%/yr for FAOSX.
Performance
ICEUX vs. FAOSX - Performance Comparison
Loading charts...
Returns By Period
ICEUX
- 1D
- -0.79%
- 1M
- 2.00%
- 6M
- 11.71%
- YTD
- 17.36%
- 1Y
- 30.45%
- 3Y*
- 14.62%
- 5Y*
- 7.94%
- 10Y*
- 8.50%
- ALL TIME*
- 6.80%
FAOSX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- -0.26%
- 3Y*
- 7.96%
- 5Y*
- 2.86%
- 10Y*
- —
- ALL TIME*
- 8.10%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
ICEUX vs. FAOSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ICEUX MainStay Epoch International Choice Fund | 17.36% | 30.06% | -4.29% | 19.77% | -16.04% | 6.60% | 7.86% | 23.64% | -13.59% | 21.59% |
FAOSX Fidelity Advisor Overseas Fund Class Z | 0.00% | 15.36% | 5.06% | 20.52% | -24.31% | 19.42% | 15.17% | 27.96% | -14.73% | 26.25% |
Correlation
The correlation between ICEUX and FAOSX is 0.39, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.39 |
Correlation (3Y) Balances recent behavior with more history. | 0.70 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.82 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.85 |
Over the past year, the correlation between ICEUX and FAOSX has dropped to 0.39 - well below their long-term average of 0.85, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ICEUX vs. FAOSX — Risk / Return Rank
ICEUX
FAOSX
ICEUX vs. FAOSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MainStay Epoch International Choice Fund (ICEUX) and Fidelity Advisor Overseas Fund Class Z (FAOSX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ICEUX | FAOSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.56 | ||
| Sortino ratioReturn per unit of downside risk | +3.43 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 0.93 | +0.47 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | -0.32 | +2.86 |
| Martin ratioReturn relative to average drawdown | 9.86 | -0.48 | +10.35 |
Loading charts...
Drawdowns
ICEUX vs. FAOSX - Drawdown Comparison
The maximum ICEUX drawdown since its inception was -56.25%, which is greater than FAOSX's maximum drawdown of -36.24%. Use the drawdown chart below to compare losses from any high point for ICEUX and FAOSX.
Loading charts...
Drawdown Indicators
| ICEUX | FAOSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.25% | -36.24% | -20.01% |
Max Drawdown (1Y)Largest decline over 1 year | -12.03% | -7.26% | -4.77% |
Max Drawdown (3Y)Largest decline over 3 years | -13.85% | -13.96% | +0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -31.56% | -36.24% | +4.68% |
Max Drawdown (10Y)Largest decline over 10 years | -33.46% | — | — |
Current DrawdownCurrent decline from peak | -0.79% | -5.86% | +5.07% |
Average DrawdownAverage peak-to-trough decline | -12.04% | -7.90% | -4.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.08% | 4.48% | -1.40% |
Volatility
ICEUX vs. FAOSX - Volatility Comparison
MainStay Epoch International Choice Fund (ICEUX) has a higher volatility of 3.76% compared to Fidelity Advisor Overseas Fund Class Z (FAOSX) at 0.00%. This indicates that ICEUX's price experiences larger fluctuations and is considered to be riskier than FAOSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| ICEUX | FAOSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.76% | 0.00% | +3.76% |
Volatility (6M)Calculated over the trailing 6-month period | 11.43% | 0.00% | +11.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.57% | 7.68% | +5.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.48% | 16.65% | -1.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.95% | 16.56% | -0.61% |
ICEUX vs. FAOSX - Expense Ratio Comparison
ICEUX has a 0.95% expense ratio, which is lower than FAOSX's 1.02% expense ratio.
Dividends
ICEUX vs. FAOSX - Dividend Comparison
ICEUX's dividend yield for the trailing twelve months is around 1.72%, less than FAOSX's 8.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAOSX Fidelity Advisor Overseas Fund Class Z | 8.67% | 8.67% | 1.80% | 1.12% | 0.85% | 2.07% | 0.00% | 1.70% | 5.30% | 3.93% | 0.00% | 0.00% |
ICEUX MainStay Epoch International Choice Fund | 1.72% | 2.01% | 1.71% | 1.68% | 1.29% | 2.60% | 0.69% | 2.75% | 1.95% | 1.35% | 3.62% | 1.59% |
Frequently Asked Questions
ICEUX and FAOSX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ICEUX has higher volatility (3.76%) compared to FAOSX (0.00%). In terms of maximum drawdown, ICEUX dropped -56.25% vs FAOSX's -36.24%.
ICEUX currently has the higher Sharpe Ratio (2.26 vs -0.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for ICEUX and FAOSX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer