OAKIX vs. FAOAX
OAKIX (Oakmark International Fund) and FAOAX (Fidelity Advisor Overseas Fund Class A) are both Foreign Large Cap Equities funds. Over the past 10 years, OAKIX returned 7.97%/yr vs 7.41%/yr for FAOAX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. OAKIX charges 1.04%/yr vs 1.43%/yr for FAOAX.
Performance
OAKIX vs. FAOAX - Performance Comparison
Loading charts...
Returns By Period
Over the past 10 years, OAKIX has outperformed FAOAX with an annualized return of 7.97%, while FAOAX has yielded a comparatively lower 7.41% annualized return.
OAKIX
- 1D
- -0.78%
- 1M
- 2.87%
- 6M
- 3.42%
- YTD
- 6.03%
- 1Y
- 18.05%
- 3Y*
- 9.52%
- 5Y*
- 5.57%
- 10Y*
- 7.97%
- ALL TIME*
- 8.03%
FAOAX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- -0.36%
- 3Y*
- 7.62%
- 5Y*
- 2.49%
- 10Y*
- 7.41%
- ALL TIME*
- 5.44%
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 |
OAKIX vs. FAOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OAKIX Oakmark International Fund | 6.03% | 32.40% | -4.60% | 18.86% | -15.72% | 9.04% | 4.92% | 24.24% | -23.41% | 29.73% |
FAOAX Fidelity Advisor Overseas Fund Class A | 0.00% | 14.93% | 4.63% | 20.01% | -24.61% | 18.90% | 14.71% | 27.39% | -15.10% | 29.66% |
Correlation
The correlation between OAKIX and FAOAX is 0.40, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.40 |
Correlation (3Y) Balances recent behavior with more history. | 0.65 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.76 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.77 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1993 | 0.76 |
Over the past year, the correlation between OAKIX and FAOAX has dropped to 0.40 - well below their long-term average of 0.76, 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
OAKIX vs. FAOAX — Risk / Return Rank
OAKIX
FAOAX
OAKIX vs. FAOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark International Fund (OAKIX) and Fidelity Advisor Overseas Fund Class A (FAOAX). 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.
| OAKIX | FAOAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.45 | ||
| Sortino ratioReturn per unit of downside risk | +2.02 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 0.93 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | -0.34 | +1.51 |
| Martin ratioReturn relative to average drawdown | 3.58 | -0.52 | +4.10 |
Loading charts...
Drawdowns
OAKIX vs. FAOAX - Drawdown Comparison
The maximum OAKIX drawdown since its inception was -65.18%, which is greater than FAOAX's maximum drawdown of -60.03%. Use the drawdown chart below to compare losses from any high point for OAKIX and FAOAX.
Loading charts...
Drawdown Indicators
| OAKIX | FAOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.18% | -60.03% | -5.15% |
Max Drawdown (1Y)Largest decline over 1 year | -14.35% | -7.29% | -7.06% |
Max Drawdown (3Y)Largest decline over 3 years | -17.00% | -13.99% | -3.01% |
Max Drawdown (5Y)Largest decline over 5 years | -35.62% | -36.50% | +0.88% |
Max Drawdown (10Y)Largest decline over 10 years | -53.05% | -36.50% | -16.55% |
Current DrawdownCurrent decline from peak | -0.78% | -5.87% | +5.09% |
Average DrawdownAverage peak-to-trough decline | -11.67% | -14.52% | +2.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.68% | 4.49% | +0.19% |
Volatility
OAKIX vs. FAOAX - Volatility Comparison
Oakmark International Fund (OAKIX) has a higher volatility of 4.06% compared to Fidelity Advisor Overseas Fund Class A (FAOAX) at 0.00%. This indicates that OAKIX's price experiences larger fluctuations and is considered to be riskier than FAOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| OAKIX | FAOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.06% | 0.00% | +4.06% |
Volatility (6M)Calculated over the trailing 6-month period | 12.17% | 0.00% | +12.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.96% | 7.67% | +7.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.09% | 16.65% | +2.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.95% | 16.28% | +4.67% |
OAKIX vs. FAOAX - Expense Ratio Comparison
OAKIX has a 1.04% expense ratio, which is lower than FAOAX's 1.43% expense ratio.
Dividends
OAKIX vs. FAOAX - Dividend Comparison
OAKIX's dividend yield for the trailing twelve months is around 1.74%, less than FAOAX's 8.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAOAX Fidelity Advisor Overseas Fund Class A | 8.54% | 8.54% | 1.33% | 0.74% | 0.38% | 2.12% | 0.00% | 1.37% | 4.64% | 3.64% | 1.75% | 0.38% |
OAKIX Oakmark International Fund | 1.74% | 1.84% | 2.46% | 1.85% | 2.97% | 1.23% | 0.33% | 1.81% | 7.15% | 3.04% | 1.48% | 5.06% |
Frequently Asked Questions
OAKIX and FAOAX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OAKIX has higher volatility (4.06%) compared to FAOAX (0.00%). In terms of maximum drawdown, OAKIX dropped -65.18% vs FAOAX's -60.03%.
OAKIX currently has the higher Sharpe Ratio (1.13 vs -0.32), 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 OAKIX and FAOAX
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