SLANX vs. FLFAX

Last updated Apr 1, 2026

Compare and contrast key facts about DWS Latin America Equity Fund Class A (SLANX) and Fidelity Advisor Latin America Fund Class A (FLFAX).

SLANX is managed by DWS. It was launched on May 29, 2001. FLFAX is managed by Fidelity. It was launched on Sep 28, 2010.

Performance

SLANX vs. FLFAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DWS Latin America Equity Fund Class A (SLANX) and Fidelity Advisor Latin America Fund Class A (FLFAX). The values are adjusted to include any dividend payments, if applicable.

SLANX vs. FLFAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
SLANX DWS Latin America Equity Fund Class A	7.80%	54.13%	-28.52%	33.24%	8.08%	-9.06%	0.70%	35.56%	-2.82%	32.20%
FLFAX Fidelity Advisor Latin America Fund Class A	0.00%	0.00%	-19.27%	23.58%	1.05%	-15.81%	-20.81%	40.23%	-10.73%	30.08%

Returns By Period

SLANX

• 1D: 0.29%
• 1M: -8.48%
• YTD: 7.80%
• 6M: 15.38%
• 1Y: 45.04%
• 3Y*: 15.30%
• 5Y*: 10.40%
• 10Y*: 11.44%

FLFAX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

SLANX vs. FLFAX - Expense Ratio Comparison

SLANX has a 1.51% expense ratio, which is higher than FLFAX's 1.33% expense ratio.

SLANX

DWS Latin America Equity Fund Class A

FLFAX

Fidelity Advisor Latin America Fund Class A

Return for Risk

SLANX vs. FLFAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SLANX

SLANX Risk / Return Rank: 90
SLANX Sharpe Ratio Rank: 89
SLANX Sortino Ratio Rank: 85
SLANX Omega Ratio Rank: 86
SLANX Calmar Ratio Rank: 95
SLANX Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

SLANX vs. FLFAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DWS Latin America Equity Fund Class A (SLANX) and Fidelity Advisor Latin America Fund Class A (FLFAX). 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.

	SLANX	FLFAX	Difference
Sharpe ratio Return per unit of total volatility	1.84	—	—
Sortino ratio Return per unit of downside risk	2.27	—	—
Omega ratio Gain probability vs. loss probability	1.36	—	—
Calmar ratio Return relative to maximum drawdown	3.31	—	—
Martin ratio Return relative to average drawdown	11.32	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	SLANX	FLFAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.43	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	—	—

Correlation

The correlation between SLANX and FLFAX is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

SLANX vs. FLFAX - Dividend Comparison

SLANX's dividend yield for the trailing twelve months is around 3.85%, while FLFAX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
SLANX DWS Latin America Equity Fund Class A	3.85%	4.15%	5.13%	3.14%	7.15%	14.19%	0.00%	0.00%	0.00%	4.21%	1.57%	0.00%
FLFAX Fidelity Advisor Latin America Fund Class A	0.00%	0.00%	2.16%	3.91%	8.88%	2.44%	0.01%	2.03%	1.96%	1.18%	2.23%	1.86%

Drawdowns

Drawdown Indicators

	SLANX	FLFAX	Difference
Max Drawdown Largest peak-to-trough decline	-70.73%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.85%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.92%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-50.91%	—	—
Current Drawdown Current decline from peak	-9.63%	—	—
Average Drawdown Average peak-to-trough decline	-23.43%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.75%	—	—

Volatility

Volatility by Period

	SLANX	FLFAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.93%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.11%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.14%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.01%	—	—