OANIX vs. FAERX
OANIX (Oakmark International Fund Institutional Class) and FAERX (Fidelity Advisor Overseas Fund Class M) are both Foreign Large Cap Equities funds. Over the past 5 years, OANIX returned 6.06%/yr vs 2.04%/yr for FAERX. Their 0.77 correlation means they have sometimes moved together and sometimes differently. OANIX charges 0.82%/yr vs 1.65%/yr for FAERX.
Performance
OANIX vs. FAERX - Performance Comparison
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Returns By Period
OANIX
- 1D
- 1.08%
- 1M
- 3.98%
- 6M
- 4.26%
- YTD
- 7.32%
- 1Y
- 19.09%
- 3Y*
- 11.06%
- 5Y*
- 6.06%
- 10Y*
- —
- ALL TIME*
- 7.01%
FAERX
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 0.00%
- YTD
- 0.00%
- 1Y
- -1.93%
- 3Y*
- 8.48%
- 5Y*
- 2.04%
- 10Y*
- 7.13%
- ALL TIME*
- 5.57%
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 |
OANIX vs. FAERX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
OANIX Oakmark International Fund Institutional Class | 7.32% | 32.74% | -4.38% | 19.18% | -15.52% | 9.28% | 5.15% | 24.45% | -23.31% | 27.23% |
FAERX Fidelity Advisor Overseas Fund Class M | 0.00% | 14.70% | 4.40% | 19.78% | -24.77% | 18.63% | 14.43% | 27.14% | -15.25% | 29.37% |
Correlation
The correlation between OANIX and FAERX 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 (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.77 |
Over the past year, the correlation between OANIX and FAERX has dropped to 0.40 - well below their long-term average of 0.77, suggesting their price drivers have been diverging.
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Return for Risk
OANIX vs. FAERX — Risk / Return Rank
OANIX
FAERX
OANIX vs. FAERX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Oakmark International Fund Institutional Class (OANIX) and Fidelity Advisor Overseas Fund Class M (FAERX). 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.
| OANIX | FAERX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.39 | ||
| Sortino ratioReturn per unit of downside risk | +1.91 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 0.99 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.37 | -0.07 | +1.44 |
| Martin ratioReturn relative to average drawdown | 4.22 | -0.10 | +4.32 |
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Drawdowns
OANIX vs. FAERX - Drawdown Comparison
The maximum OANIX drawdown since its inception was -52.85%, smaller than the maximum FAERX drawdown of -60.14%. Use the drawdown chart below to compare losses from any high point for OANIX and FAERX.
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Drawdown Indicators
| OANIX | FAERX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.85% | -60.14% | +7.29% |
Max Drawdown (1Y)Largest decline over 1 year | -14.34% | -7.29% | -7.05% |
Max Drawdown (3Y)Largest decline over 3 years | -17.00% | -14.00% | -3.00% |
Max Drawdown (5Y)Largest decline over 5 years | -35.50% | -36.62% | +1.12% |
Max Drawdown (10Y)Largest decline over 10 years | — | -36.62% | — |
Current DrawdownCurrent decline from peak | 0.00% | -5.89% | +5.89% |
Average DrawdownAverage peak-to-trough decline | -12.42% | -14.34% | +1.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.66% | 4.54% | +0.12% |
Volatility
OANIX vs. FAERX - Volatility Comparison
Oakmark International Fund Institutional Class (OANIX) has a higher volatility of 3.78% compared to Fidelity Advisor Overseas Fund Class M (FAERX) at 0.00%. This indicates that OANIX's price experiences larger fluctuations and is considered to be riskier than FAERX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| OANIX | FAERX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.78% | 0.00% | +3.78% |
Volatility (6M)Calculated over the trailing 6-month period | 12.17% | 0.00% | +12.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.91% | 7.54% | +7.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.11% | 16.66% | +2.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.25% | 16.29% | +4.96% |
OANIX vs. FAERX - Expense Ratio Comparison
OANIX has a 0.82% expense ratio, which is lower than FAERX's 1.65% expense ratio.
Dividends
OANIX vs. FAERX - Dividend Comparison
OANIX's dividend yield for the trailing twelve months is around 1.97%, less than FAERX's 7.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAERX Fidelity Advisor Overseas Fund Class M | 7.94% | 7.94% | 0.96% | 0.51% | 0.12% | 2.07% | 0.00% | 1.15% | 4.25% | 3.35% | 0.80% | 0.09% |
OANIX Oakmark International Fund Institutional Class | 1.97% | 2.12% | 2.78% | 2.11% | 3.31% | 1.51% | 0.54% | 2.01% | 7.49% | 1.52% | 0.00% | 0.00% |
Frequently Asked Questions
OANIX and FAERX 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.
OANIX has higher volatility (3.78%) compared to FAERX (0.00%). In terms of maximum drawdown, OANIX dropped -52.85% vs FAERX's -60.14%.
OANIX currently has the higher Sharpe Ratio (1.32 vs -0.07), 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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