OAKIX vs. FAOCX
OAKIX (Oakmark International Fund) and FAOCX (Fidelity Advisor Overseas Fund Class C) are both Foreign Large Cap Equities funds. Over the past 10 years, OAKIX returned 7.92%/yr vs 6.82%/yr for FAOCX. A 0.76 correlation means they provide meaningful diversification when combined. OAKIX charges 1.04%/yr vs 2.25%/yr for FAOCX.
Performance
OAKIX vs. FAOCX - Performance Comparison
Loading charts...
Returns By Period
Over the past 10 years, OAKIX has outperformed FAOCX with an annualized return of 7.92%, while FAOCX has yielded a comparatively lower 6.82% annualized return.
OAKIX
- 1D
- 0.66%
- 1M
- 1.42%
- 6M
- -0.30%
- YTD
- 2.95%
- 1Y
- 10.47%
- 3Y*
- 9.70%
- 5Y*
- 4.77%
- 10Y*
- 7.92%
FAOCX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- -3.31%
- 3Y*
- 8.34%
- 5Y*
- 2.28%
- 10Y*
- 6.82%
OAKIX vs. FAOCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OAKIX Oakmark International Fund | 2.95% | 32.40% | -4.60% | 18.86% | -15.72% | 9.04% | 4.92% | 24.24% | -23.41% | 29.73% |
FAOCX Fidelity Advisor Overseas Fund Class C | 0.00% | 14.19% | 3.86% | 19.03% | -25.22% | 17.97% | 13.77% | 26.37% | -15.77% | 28.58% |
Correlation
The correlation between OAKIX and FAOCX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.42 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.66 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 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 FAOCX has dropped to 0.42 - 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. FAOCX — Risk / Return Rank
OAKIX
FAOCX
OAKIX vs. FAOCX - 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 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.
| OAKIX | FAOCX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.26 | ||
| Sortino ratioReturn per unit of downside risk | +1.77 | ||
| Omega ratioGain probability vs. loss probability | 1.12 | 0.86 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.64 | -0.73 | +1.37 |
| Martin ratioReturn relative to average drawdown | 1.94 | -1.15 | +3.10 |
Loading charts...
Drawdowns
OAKIX vs. FAOCX - Drawdown Comparison
The maximum OAKIX drawdown since its inception was -65.18%, which is greater than FAOCX's maximum drawdown of -60.45%. Use the drawdown chart below to compare losses from any high point for OAKIX and FAOCX.
Loading charts...
Drawdown Indicators
| OAKIX | FAOCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.18% | -60.45% | -4.73% |
Max Drawdown (1Y)Largest decline over 1 year | -14.35% | -7.33% | -7.02% |
Max Drawdown (3Y)Largest decline over 3 years | -18.72% | -14.05% | -4.67% |
Max Drawdown (5Y)Largest decline over 5 years | -35.62% | -36.96% | +1.34% |
Max Drawdown (10Y)Largest decline over 10 years | -53.05% | -36.96% | -16.09% |
Current DrawdownCurrent decline from peak | -2.79% | -5.90% | +3.11% |
Average DrawdownAverage peak-to-trough decline | -11.69% | -15.60% | +3.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.75% | 4.34% | +0.41% |
Volatility
OAKIX vs. FAOCX - Volatility Comparison
Oakmark International Fund (OAKIX) has a higher volatility of 4.83% compared to Fidelity Advisor Overseas Fund Class C (FAOCX) at 0.00%. This indicates that OAKIX'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.
Loading charts...
Volatility by Period
| OAKIX | FAOCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.83% | 0.00% | +4.83% |
Volatility (6M)Calculated over the trailing 6-month period | 12.21% | 2.85% | +9.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.09% | 8.34% | +6.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.16% | 16.69% | +2.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.97% | 16.29% | +4.68% |
OAKIX vs. FAOCX - Expense Ratio Comparison
OAKIX has a 1.04% expense ratio, which is lower than FAOCX's 2.25% expense ratio.
Dividends
OAKIX vs. FAOCX - Dividend Comparison
OAKIX's dividend yield for the trailing twelve months is around 1.79%, less than FAOCX's 8.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
OAKIX Oakmark International Fund | 1.79% | 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 FAOCX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OAKIX has higher volatility (4.83%) compared to FAOCX (0.00%). In terms of maximum drawdown, OAKIX dropped -65.18% vs FAOCX's -60.45%.
OAKIX currently has the higher Sharpe Ratio (0.61 vs -0.65), 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 FAOCX
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