PIGDX vs. FAOSX
PIGDX (Federated Hermes International Growth Fund) and FAOSX (Fidelity Advisor Overseas Fund Class Z) are both Foreign Large Cap Equities funds. Over the past 5 years, PIGDX returned -24.69%/yr vs 2.86%/yr for FAOSX. Their correlation of 0.83 means they have usually moved in the same direction. PIGDX charges 0.84%/yr vs 1.02%/yr for FAOSX.
Performance
PIGDX vs. FAOSX - Performance Comparison
Loading charts...
Returns By Period
PIGDX
- 1D
- 3.11%
- 1M
- -4.65%
- 6M
- 0.23%
- YTD
- 10.51%
- 1Y
- -73.43%
- 3Y*
- -31.63%
- 5Y*
- -24.69%
- 10Y*
- —
- ALL TIME*
- -5.31%
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 |
PIGDX vs. FAOSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PIGDX Federated Hermes International Growth Fund | 10.51% | -72.44% | 6.47% | 8.80% | -29.43% | 6.85% | 43.18% | 26.99% | -13.33% | 35.61% |
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 PIGDX and FAOSX is 0.30, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.30 |
Correlation (3Y) Balances recent behavior with more history. | 0.66 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.78 |
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017 | 0.83 |
Over the past year, the correlation between PIGDX and FAOSX has dropped to 0.30 - well below their long-term average of 0.83, 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
PIGDX vs. FAOSX — Risk / Return Rank
PIGDX
FAOSX
PIGDX vs. FAOSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes International Growth Fund (PIGDX) 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.
| PIGDX | FAOSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.63 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 0.64 | 0.93 | -0.29 |
| Calmar ratioReturn relative to maximum drawdown | -0.97 | -0.32 | -0.65 |
| Martin ratioReturn relative to average drawdown | -1.28 | -0.48 | -0.79 |
Loading charts...
Drawdowns
PIGDX vs. FAOSX - Drawdown Comparison
The maximum PIGDX drawdown since its inception was -79.94%, which is greater than FAOSX's maximum drawdown of -36.24%. Use the drawdown chart below to compare losses from any high point for PIGDX and FAOSX.
Loading charts...
Drawdown Indicators
| PIGDX | FAOSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -79.94% | -36.24% | -43.70% |
Max Drawdown (1Y)Largest decline over 1 year | -78.87% | -7.26% | -71.61% |
Max Drawdown (3Y)Largest decline over 3 years | -78.87% | -13.96% | -64.91% |
Max Drawdown (5Y)Largest decline over 5 years | -79.94% | -36.24% | -43.70% |
Current DrawdownCurrent decline from peak | -77.31% | -5.86% | -71.45% |
Average DrawdownAverage peak-to-trough decline | -18.06% | -7.90% | -10.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 57.49% | 4.48% | +53.01% |
Volatility
PIGDX vs. FAOSX - Volatility Comparison
Federated Hermes International Growth Fund (PIGDX) has a higher volatility of 6.88% compared to Fidelity Advisor Overseas Fund Class Z (FAOSX) at 0.00%. This indicates that PIGDX'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.
Loading charts...
Volatility by Period
| PIGDX | FAOSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.88% | 0.00% | +6.88% |
Volatility (6M)Calculated over the trailing 6-month period | 16.97% | 0.00% | +16.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 82.30% | 7.68% | +74.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.27% | 16.65% | +22.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.87% | 16.56% | +14.31% |
PIGDX vs. FAOSX - Expense Ratio Comparison
PIGDX has a 0.84% expense ratio, which is lower than FAOSX's 1.02% expense ratio.
Dividends
PIGDX vs. FAOSX - Dividend Comparison
PIGDX has not paid dividends to shareholders, while FAOSX's dividend yield for the trailing twelve months is around 8.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
PIGDX Federated Hermes International Growth Fund | 0.00% | 0.00% | 1.98% | 1.24% | 2.03% | 3.98% | 4.51% | 4.64% | 16.19% | 1.26% |
Frequently Asked Questions
PIGDX and FAOSX have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PIGDX has higher volatility (6.88%) compared to FAOSX (0.00%). In terms of maximum drawdown, PIGDX dropped -79.94% vs FAOSX's -36.24%.
FAOSX currently has the higher Sharpe Ratio (-0.30 vs -0.93), 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 PIGDX and FAOSX
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