MWNIX vs. FIXIX
Compare and contrast key facts about MFS International New Discovery Fund (MWNIX) and Fidelity Advisor International Small Cap Fund Class I (FIXIX).
MWNIX is managed by MFS. It was launched on Oct 8, 1997. FIXIX is managed by Fidelity. It was launched on May 27, 2003.
Performance
MWNIX vs. FIXIX - Performance Comparison
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MWNIX vs. FIXIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MWNIX MFS International New Discovery Fund | -1.93% | 16.88% | 0.90% | 13.03% | -18.63% | 5.06% | 9.98% | 22.85% | -10.41% | 30.67% |
FIXIX Fidelity Advisor International Small Cap Fund Class I | -0.22% | 24.65% | 0.02% | 19.63% | -16.66% | 13.44% | 9.97% | 21.45% | -16.09% | 31.49% |
Returns By Period
In the year-to-date period, MWNIX achieves a -1.93% return, which is significantly lower than FIXIX's -0.22% return. Over the past 10 years, MWNIX has underperformed FIXIX with an annualized return of 5.78%, while FIXIX has yielded a comparatively higher 8.26% annualized return.
MWNIX
- 1D
- 2.26%
- 1M
- -8.30%
- YTD
- -1.93%
- 6M
- -2.76%
- 1Y
- 11.40%
- 3Y*
- 7.25%
- 5Y*
- 1.94%
- 10Y*
- 5.78%
FIXIX
- 1D
- 2.35%
- 1M
- -6.49%
- YTD
- -0.22%
- 6M
- 1.62%
- 1Y
- 18.06%
- 3Y*
- 11.11%
- 5Y*
- 5.34%
- 10Y*
- 8.26%
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MWNIX vs. FIXIX - Expense Ratio Comparison
MWNIX has a 1.03% expense ratio, which is higher than FIXIX's 1.02% expense ratio.
Return for Risk
MWNIX vs. FIXIX — Risk / Return Rank
MWNIX
FIXIX
MWNIX vs. FIXIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS International New Discovery Fund (MWNIX) and Fidelity Advisor International Small Cap Fund Class I (FIXIX). 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.
| MWNIX | FIXIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 1.39 | -0.42 |
Sortino ratioReturn per unit of downside risk | 1.31 | 1.83 | -0.53 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.28 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 0.90 | 1.60 | -0.70 |
Martin ratioReturn relative to average drawdown | 3.41 | 5.83 | -2.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MWNIX | FIXIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 1.39 | -0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.40 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.59 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.72 | -0.15 |
Correlation
The correlation between MWNIX and FIXIX is 0.89, 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
MWNIX vs. FIXIX - Dividend Comparison
MWNIX's dividend yield for the trailing twelve months is around 3.30%, less than FIXIX's 3.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MWNIX MFS International New Discovery Fund | 3.30% | 3.24% | 7.61% | 4.05% | 5.68% | 5.06% | 3.90% | 2.67% | 6.68% | 1.63% | 1.09% | 1.12% |
FIXIX Fidelity Advisor International Small Cap Fund Class I | 3.54% | 3.54% | 2.59% | 1.88% | 0.68% | 7.25% | 0.81% | 2.32% | 6.13% | 2.45% | 2.81% | 2.78% |
Drawdowns
MWNIX vs. FIXIX - Drawdown Comparison
The maximum MWNIX drawdown since its inception was -58.38%, roughly equal to the maximum FIXIX drawdown of -60.85%. Use the drawdown chart below to compare losses from any high point for MWNIX and FIXIX.
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Drawdown Indicators
| MWNIX | FIXIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.38% | -60.85% | +2.47% |
Max Drawdown (1Y)Largest decline over 1 year | -11.78% | -10.73% | -1.05% |
Max Drawdown (5Y)Largest decline over 5 years | -33.67% | -31.05% | -2.62% |
Max Drawdown (10Y)Largest decline over 10 years | -34.72% | -38.82% | +4.10% |
Current DrawdownCurrent decline from peak | -9.78% | -8.30% | -1.48% |
Average DrawdownAverage peak-to-trough decline | -9.61% | -10.63% | +1.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 2.95% | +0.17% |
Volatility
MWNIX vs. FIXIX - Volatility Comparison
The current volatility for MFS International New Discovery Fund (MWNIX) is 5.70%, while Fidelity Advisor International Small Cap Fund Class I (FIXIX) has a volatility of 6.17%. This indicates that MWNIX experiences smaller price fluctuations and is considered to be less risky than FIXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MWNIX | FIXIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.70% | 6.17% | -0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 8.51% | 8.99% | -0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.29% | 13.47% | -1.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.06% | 13.38% | -0.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.92% | 13.94% | -0.02% |