MSTFX vs. FAOCX
MSTFX (Morningstar International Equity Fund) and FAOCX (Fidelity Advisor Overseas Fund Class C) are both Foreign Large Cap Equities funds. Over the past 5 years, MSTFX returned 5.44%/yr vs 1.81%/yr for FAOCX. Their correlation of 0.81 means they have usually moved in the same direction. MSTFX charges 1.00%/yr vs 2.25%/yr for FAOCX.
Performance
MSTFX vs. FAOCX - Performance Comparison
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Returns By Period
MSTFX
- 1D
- 2.17%
- 1M
- 2.26%
- 6M
- 5.75%
- YTD
- 13.40%
- 1Y
- 13.97%
- 3Y*
- 10.08%
- 5Y*
- 5.44%
- 10Y*
- —
- ALL TIME*
- 7.71%
FAOCX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- -0.57%
- 3Y*
- 7.00%
- 5Y*
- 1.81%
- 10Y*
- 6.54%
- ALL TIME*
- 4.61%
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 |
MSTFX vs. FAOCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
MSTFX Morningstar International Equity Fund | 13.40% | 16.75% | 1.29% | 15.57% | -15.36% | 7.25% | 8.99% | 22.90% | -5.75% |
FAOCX Fidelity Advisor Overseas Fund Class C | 0.00% | 14.19% | 3.86% | 19.03% | -25.22% | 17.97% | 13.77% | 26.37% | -7.88% |
Correlation
The correlation between MSTFX and FAOCX is 0.33, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.33 |
Correlation (3Y) Balances recent behavior with more history. | 0.66 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.77 |
Correlation (All Time) Calculated using the full available price history since Nov 5, 2018 | 0.81 |
Over the past year, the correlation between MSTFX and FAOCX has dropped to 0.33 - well below their long-term average of 0.81, suggesting their price drivers have been diverging.
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Return for Risk
MSTFX vs. FAOCX — Risk / Return Rank
MSTFX
FAOCX
MSTFX vs. FAOCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Morningstar International Equity Fund (MSTFX) and Fidelity Advisor Overseas Fund Class C (FAOCX). 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.
| MSTFX | FAOCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.23 | ||
| Sortino ratioReturn per unit of downside risk | +1.62 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 0.92 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.40 | -0.37 | +1.77 |
| Martin ratioReturn relative to average drawdown | 4.28 | -0.56 | +4.85 |
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Drawdowns
MSTFX vs. FAOCX - Drawdown Comparison
The maximum MSTFX drawdown since its inception was -35.86%, smaller than the maximum FAOCX drawdown of -60.45%. Use the drawdown chart below to compare losses from any high point for MSTFX and FAOCX.
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Drawdown Indicators
| MSTFX | FAOCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.86% | -60.45% | +24.59% |
Max Drawdown (1Y)Largest decline over 1 year | -11.37% | -7.33% | -4.04% |
Max Drawdown (3Y)Largest decline over 3 years | -13.93% | -14.05% | +0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -30.48% | -36.96% | +6.48% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.96% | — |
Current DrawdownCurrent decline from peak | 0.00% | -5.90% | +5.90% |
Average DrawdownAverage peak-to-trough decline | -7.67% | -15.58% | +7.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.43% | 4.52% | -1.09% |
Volatility
MSTFX vs. FAOCX - Volatility Comparison
Morningstar International Equity Fund (MSTFX) has a higher volatility of 3.95% compared to Fidelity Advisor Overseas Fund Class C (FAOCX) at 0.00%. This indicates that MSTFX's price experiences larger fluctuations and is considered to be riskier than FAOCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MSTFX | FAOCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 0.00% | +3.95% |
Volatility (6M)Calculated over the trailing 6-month period | 12.07% | 0.00% | +12.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.21% | 7.67% | +10.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.10% | 16.66% | +0.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.01% | 16.28% | +2.73% |
MSTFX vs. FAOCX - Expense Ratio Comparison
MSTFX has a 1.00% expense ratio, which is lower than FAOCX's 2.25% expense ratio.
Dividends
MSTFX vs. FAOCX - Dividend Comparison
MSTFX's dividend yield for the trailing twelve months is around 2.26%, less than FAOCX's 8.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FAOCX Fidelity Advisor Overseas Fund Class C | 8.26% | 8.26% | 0.40% | 0.00% | 0.00% | 2.22% | 0.00% | 0.51% | 3.72% | 3.07% | 0.12% |
MSTFX Morningstar International Equity Fund | 2.26% | 2.56% | 4.80% | 2.38% | 3.60% | 15.59% | 2.76% | 2.65% | 0.27% | 0.00% | 0.00% |
Frequently Asked Questions
MSTFX and FAOCX have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MSTFX has higher volatility (3.95%) compared to FAOCX (0.00%). In terms of maximum drawdown, MSTFX dropped -35.86% vs FAOCX's -60.45%.
MSTFX currently has the higher Sharpe Ratio (0.88 vs -0.36), 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.
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