MDIJX vs. FOSFX
Compare and contrast key facts about MFS International Diversification Fund (MDIJX) and Fidelity Overseas Fund (FOSFX).
MDIJX is managed by MFS. It was launched on Sep 30, 2004. FOSFX is managed by Fidelity. It was launched on Dec 4, 1984.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MDIJX or FOSFX.
Key characteristics
| MDIJX | FOSFX | |
|---|---|---|
| YTD Return | 11.26% | 12.37% |
| 1Y Return | 16.85% | 22.49% |
| 3Y Return (Ann) | 1.31% | 0.93% |
| 5Y Return (Ann) | 7.27% | 8.79% |
| 10Y Return (Ann) | 6.45% | 7.53% |
| Sharpe Ratio | 1.56 | 1.77 |
| Daily Std Dev | 11.37% | 13.32% |
| Max Drawdown | -54.94% | -62.54% |
| Current Drawdown | -1.08% | -1.84% |
Correlation
The correlation between MDIJX and FOSFX is 0.94, 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
MDIJX vs. FOSFX - Performance Comparison
In the year-to-date period, MDIJX achieves a 11.26% return, which is significantly lower than FOSFX's 12.37% return. Over the past 10 years, MDIJX has underperformed FOSFX with an annualized return of 6.45%, while FOSFX has yielded a comparatively higher 7.53% 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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MDIJX vs. FOSFX - Expense Ratio Comparison
MDIJX has a 0.82% expense ratio, which is lower than FOSFX's 0.99% expense ratio.
Risk-Adjusted Performance
MDIJX vs. FOSFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International Diversification Fund (MDIJX) and Fidelity Overseas Fund (FOSFX). 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
MDIJX vs. FOSFX - Dividend Comparison
MDIJX's dividend yield for the trailing twelve months is around 3.72%, more than FOSFX's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MDIJX MFS International Diversification Fund | 3.72% | 4.14% | 2.64% | 2.70% | 1.64% | 2.50% | 3.14% | 1.63% | 2.18% | 1.69% | 1.48% | 1.06% |
FOSFX Fidelity Overseas Fund | 0.91% | 1.02% | 0.77% | 4.54% | 0.53% | 1.35% | 5.92% | 1.09% | 1.96% | 1.06% | 1.76% | 2.98% |
Drawdowns
MDIJX vs. FOSFX - Drawdown Comparison
The maximum MDIJX drawdown since its inception was -54.94%, smaller than the maximum FOSFX drawdown of -62.54%. Use the drawdown chart below to compare losses from any high point for MDIJX and FOSFX. For additional features, visit the drawdowns tool.
Volatility
MDIJX vs. FOSFX - Volatility Comparison
The current volatility for MFS International Diversification Fund (MDIJX) is 3.45%, while Fidelity Overseas Fund (FOSFX) has a volatility of 4.21%. This indicates that MDIJX experiences smaller price fluctuations and is considered to be less risky than FOSFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.