MPITX vs. FAOSX
MPITX (BNY Mellon International Fund) and FAOSX (Fidelity Advisor Overseas Fund Class Z) are both Foreign Large Cap Equities funds. Over the past 5 years, MPITX returned 7.10%/yr vs 3.79%/yr for FAOSX. Their correlation of 0.86 suggests significant overlap in exposure. MPITX charges 1.03%/yr vs 1.02%/yr for FAOSX.
Performance
MPITX vs. FAOSX - Performance Comparison
Loading charts...
Returns By Period
MPITX
- 1D
- 0.53%
- 1M
- 2.60%
- YTD
- 9.42%
- 6M
- 11.51%
- 1Y
- 22.65%
- 3Y*
- 15.30%
- 5Y*
- 7.10%
- 10Y*
- 8.15%
FAOSX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- -1.63%
- 3Y*
- 8.88%
- 5Y*
- 3.79%
- 10Y*
- —
MPITX vs. FAOSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MPITX BNY Mellon International Fund | 9.42% | 31.06% | 1.61% | 17.01% | -15.66% | 9.01% | 7.19% | 22.28% | -16.66% | 24.01% |
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 MPITX and FAOSX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.83 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2017 | 0.86 |
Over the past year, the correlation between MPITX and FAOSX has dropped to 0.49 - well below their long-term average of 0.86, 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
MPITX vs. FAOSX — Risk / Return Rank
MPITX
FAOSX
MPITX vs. FAOSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon International Fund (MPITX) 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.
| MPITX | FAOSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.83 | ||
| Sortino ratioReturn per unit of downside risk | +2.61 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 0.95 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 2.01 | -0.34 | +2.35 |
| Martin ratioReturn relative to average drawdown | 6.67 | -0.59 | +7.26 |
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 charts...
Sharpe Ratios by Period
| MPITX | FAOSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | -0.27 | +1.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.23 | +0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.50 | -0.20 |
Drawdowns
MPITX vs. FAOSX - Drawdown Comparison
The maximum MPITX drawdown since its inception was -58.61%, which is greater than FAOSX's maximum drawdown of -36.24%. Use the drawdown chart below to compare losses from any high point for MPITX and FAOSX.
Loading charts...
Drawdown Indicators
| MPITX | FAOSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.61% | -36.24% | -22.37% |
Max Drawdown (1Y)Largest decline over 1 year | -11.35% | -7.26% | -4.09% |
Max Drawdown (3Y)Largest decline over 3 years | -14.92% | -13.96% | -0.96% |
Max Drawdown (5Y)Largest decline over 5 years | -32.12% | -36.24% | +4.12% |
Max Drawdown (10Y)Largest decline over 10 years | -37.52% | — | — |
Current DrawdownCurrent decline from peak | -3.56% | -5.86% | +2.30% |
Average DrawdownAverage peak-to-trough decline | -12.45% | -7.93% | -4.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.41% | 3.97% | -0.56% |
Volatility
MPITX vs. FAOSX - Volatility Comparison
BNY Mellon International Fund (MPITX) has a higher volatility of 4.49% compared to Fidelity Advisor Overseas Fund Class Z (FAOSX) at 0.00%. This indicates that MPITX'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
| MPITX | FAOSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 0.00% | +4.49% |
Volatility (6M)Calculated over the trailing 6-month period | 12.04% | 4.08% | +7.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.60% | 9.18% | +5.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.75% | 16.72% | -0.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.98% | 16.68% | +0.30% |
MPITX vs. FAOSX - Expense Ratio Comparison
MPITX has a 1.03% expense ratio, which is higher than FAOSX's 1.02% expense ratio.
Dividends
MPITX vs. FAOSX - Dividend Comparison
MPITX's dividend yield for the trailing twelve months is around 2.20%, 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% |
MPITX BNY Mellon International Fund | 2.20% | 2.41% | 3.35% | 3.81% | 4.62% | 1.61% | 2.19% | 2.52% | 2.24% | 1.50% | 2.05% | 1.40% |
Frequently Asked Questions
MPITX and FAOSX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MPITX has higher volatility (4.49%) compared to FAOSX (0.00%). In terms of maximum drawdown, MPITX dropped -58.61% vs FAOSX's -36.24%.
MPITX currently has the higher Sharpe Ratio (1.56 vs -0.27), 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 MPITX 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