PINZX vs. FAOIX
PINZX (Principal Overseas Fund) and FAOIX (Fidelity Advisor Overseas Fund Class I) are both Foreign Large Cap Equities funds. Over the past 10 years, PINZX returned 12.89%/yr vs 8.29%/yr for FAOIX. Their correlation of 0.89 suggests significant overlap in exposure. PINZX charges 0.97%/yr vs 1.12%/yr for FAOIX.
Performance
PINZX vs. FAOIX - Performance Comparison
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Returns By Period
Over the past 10 years, PINZX has outperformed FAOIX with an annualized return of 12.89%, while FAOIX has yielded a comparatively lower 8.29% annualized return.
PINZX
- 1D
- -2.36%
- 1M
- 1.22%
- YTD
- 13.07%
- 6M
- 13.15%
- 1Y
- 30.96%
- 3Y*
- 24.88%
- 5Y*
- 15.61%
- 10Y*
- 12.89%
FAOIX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- -1.92%
- 3Y*
- 9.16%
- 5Y*
- 3.36%
- 10Y*
- 8.29%
PINZX vs. FAOIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PINZX Principal Overseas Fund | 13.07% | 40.18% | 13.98% | 22.59% | -4.87% | 11.15% | 4.09% | 20.84% | -17.91% | 25.59% |
FAOIX Fidelity Advisor Overseas Fund Class I | 0.00% | 15.25% | 4.92% | 20.35% | -24.38% | 19.23% | 15.08% | 27.82% | -14.85% | 30.05% |
Correlation
The correlation between PINZX and FAOIX is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.49 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.74 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.82 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2008 | 0.89 |
Over the past year, the correlation between PINZX and FAOIX has dropped to 0.49 - well below their long-term average of 0.89, suggesting their price drivers have been diverging.
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Return for Risk
PINZX vs. FAOIX — Risk / Return Rank
PINZX
FAOIX
PINZX vs. FAOIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Overseas Fund (PINZX) and Fidelity Advisor Overseas Fund Class I (FAOIX). 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.
| PINZX | FAOIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.04 | ||
| Sortino ratioReturn per unit of downside risk | +2.75 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 0.99 | +0.36 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | -0.09 | +2.51 |
| Martin ratioReturn relative to average drawdown | 8.97 | -0.15 | +9.12 |
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Drawdowns
PINZX vs. FAOIX - Drawdown Comparison
The maximum PINZX drawdown since its inception was -44.27%, smaller than the maximum FAOIX drawdown of -59.86%. Use the drawdown chart below to compare losses from any high point for PINZX and FAOIX.
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Drawdown Indicators
| PINZX | FAOIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.27% | -59.86% | +15.59% |
Max Drawdown (1Y)Largest decline over 1 year | -13.53% | -7.28% | -6.25% |
Max Drawdown (3Y)Largest decline over 3 years | -15.87% | -13.98% | -1.89% |
Max Drawdown (5Y)Largest decline over 5 years | -25.96% | -36.33% | +10.37% |
Max Drawdown (10Y)Largest decline over 10 years | -44.27% | -36.33% | -7.94% |
Current DrawdownCurrent decline from peak | -2.36% | -5.85% | +3.49% |
Average DrawdownAverage peak-to-trough decline | -9.23% | -14.19% | +4.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 4.15% | -0.50% |
Volatility
PINZX vs. FAOIX - Volatility Comparison
Principal Overseas Fund (PINZX) has a higher volatility of 6.03% compared to Fidelity Advisor Overseas Fund Class I (FAOIX) at 0.00%. This indicates that PINZX's price experiences larger fluctuations and is considered to be riskier than FAOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PINZX | FAOIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.03% | 0.00% | +6.03% |
Volatility (6M)Calculated over the trailing 6-month period | 14.08% | 3.63% | +10.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.68% | 8.77% | +7.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.37% | 16.73% | +0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.90% | 16.38% | +1.52% |
PINZX vs. FAOIX - Expense Ratio Comparison
PINZX has a 0.97% expense ratio, which is lower than FAOIX's 1.12% expense ratio.
Dividends
PINZX vs. FAOIX - Dividend Comparison
PINZX's dividend yield for the trailing twelve months is around 8.59%, more than FAOIX's 8.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAOIX Fidelity Advisor Overseas Fund Class I | 8.49% | 8.49% | 1.66% | 0.96% | 0.63% | 2.06% | 0.00% | 1.35% | 5.09% | 3.79% | 1.49% | 0.63% |
PINZX Principal Overseas Fund | 8.59% | 9.71% | 29.12% | 6.31% | 8.23% | 7.70% | 1.85% | 3.08% | 10.03% | 3.15% | 2.04% | 4.01% |
Frequently Asked Questions
PINZX and FAOIX have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PINZX has higher volatility (6.03%) compared to FAOIX (0.00%). In terms of maximum drawdown, PINZX dropped -44.27% vs FAOIX's -59.86%.
PINZX currently has the higher Sharpe Ratio (1.97 vs -0.08), 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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