NOIAX vs. FAOSX
NOIAX (Natixis Funds Trust I Oakmark International Fund) and FAOSX (Fidelity Advisor Overseas Fund Class Z) are both Foreign Large Cap Equities funds. Over the past 5 years, NOIAX returned 5.55%/yr vs 2.86%/yr for FAOSX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. NOIAX charges 1.15%/yr vs 1.02%/yr for FAOSX.
Performance
NOIAX vs. FAOSX - Performance Comparison
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Returns By Period
NOIAX
- 1D
- 0.82%
- 1M
- 3.65%
- 6M
- 3.07%
- YTD
- 6.51%
- 1Y
- 17.61%
- 3Y*
- 9.15%
- 5Y*
- 5.55%
- 10Y*
- 7.59%
- ALL TIME*
- 6.18%
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 |
NOIAX vs. FAOSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
NOIAX Natixis Funds Trust I Oakmark International Fund | 6.51% | 32.80% | -5.28% | 18.93% | -15.88% | 8.73% | 4.06% | 24.35% | -24.20% | 23.76% |
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 NOIAX and FAOSX 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. | 0.58 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.72 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.76 |
Over the past year, the correlation between NOIAX and FAOSX has dropped to 0.33 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.
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Return for Risk
NOIAX vs. FAOSX — Risk / Return Rank
NOIAX
FAOSX
NOIAX vs. FAOSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Natixis Funds Trust I Oakmark International Fund (NOIAX) 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.
| NOIAX | FAOSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.46 | ||
| Sortino ratioReturn per unit of downside risk | +2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.93 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.34 | -0.32 | +1.66 |
| Martin ratioReturn relative to average drawdown | 3.98 | -0.48 | +4.46 |
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Drawdowns
NOIAX vs. FAOSX - Drawdown Comparison
The maximum NOIAX drawdown since its inception was -53.97%, which is greater than FAOSX's maximum drawdown of -36.24%. Use the drawdown chart below to compare losses from any high point for NOIAX and FAOSX.
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Drawdown Indicators
| NOIAX | FAOSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.97% | -36.24% | -17.73% |
Max Drawdown (1Y)Largest decline over 1 year | -14.34% | -7.26% | -7.08% |
Max Drawdown (3Y)Largest decline over 3 years | -16.69% | -13.96% | -2.73% |
Max Drawdown (5Y)Largest decline over 5 years | -36.18% | -36.24% | +0.06% |
Max Drawdown (10Y)Largest decline over 10 years | -53.97% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -5.86% | +5.86% |
Average DrawdownAverage peak-to-trough decline | -11.50% | -7.90% | -3.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.63% | 4.48% | +0.15% |
Volatility
NOIAX vs. FAOSX - Volatility Comparison
Natixis Funds Trust I Oakmark International Fund (NOIAX) has a higher volatility of 4.19% compared to Fidelity Advisor Overseas Fund Class Z (FAOSX) at 0.00%. This indicates that NOIAX'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.
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Volatility by Period
| NOIAX | FAOSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.19% | 0.00% | +4.19% |
Volatility (6M)Calculated over the trailing 6-month period | 13.09% | 0.00% | +13.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.67% | 7.68% | +8.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.39% | 16.65% | +3.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.01% | 16.56% | +5.45% |
NOIAX vs. FAOSX - Expense Ratio Comparison
NOIAX has a 1.15% expense ratio, which is higher than FAOSX's 1.02% expense ratio.
Dividends
NOIAX vs. FAOSX - Dividend Comparison
NOIAX's dividend yield for the trailing twelve months is around 2.92%, 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% |
NOIAX Natixis Funds Trust I Oakmark International Fund | 2.92% | 3.11% | 2.96% | 1.72% | 1.77% | 1.55% | 0.24% | 2.99% | 4.56% | 1.04% | 2.07% | 2.77% |
Frequently Asked Questions
NOIAX and FAOSX 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.
NOIAX has higher volatility (4.19%) compared to FAOSX (0.00%). In terms of maximum drawdown, NOIAX dropped -53.97% vs FAOSX's -36.24%.
NOIAX currently has the higher Sharpe Ratio (1.16 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.
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