SPILX vs. FSOSX

Last updated Aug 1, 2026

SPILX (Symmetry Panoramic International Equity Fund) and FSOSX (Fidelity Series Overseas Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, SPILX returned 9.17%/yr vs 5.77%/yr for FSOSX. Their correlation of 0.87 means they have usually moved in the same direction. SPILX charges 0.89%/yr vs 0.01%/yr for FSOSX.

Performance

SPILX vs. FSOSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Symmetry Panoramic International Equity Fund (SPILX) and Fidelity Series Overseas Fund (FSOSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SPILX achieves a 13.80% return, which is significantly higher than FSOSX's 5.89% return.

SPILX

• 1D: 3.05%
• 1M: 0.06%
• 6M: 7.32%
• YTD: 13.80%
• 1Y: 27.50%
• 3Y*: 17.52%
• 5Y*: 9.17%
• 10Y*: —
• ALL TIME*: 9.99%

FSOSX

• 1D: 3.74%
• 1M: -1.43%
• 6M: 2.20%
• YTD: 5.89%
• 1Y: 10.65%
• 3Y*: 12.17%
• 5Y*: 5.77%
• 10Y*: —
• ALL TIME*: 9.49%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FSOSX Fidelity Series Overseas Fund	$0.00	$0.00	$0.00
SPILX Symmetry Panoramic International Equity Fund	$0.00	$0.00	$0.00

SPILX vs. FSOSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
SPILX Symmetry Panoramic International Equity Fund	13.80%	33.04%	1.61%	18.25%	-15.29%	9.49%	8.30%	6.15%
FSOSX Fidelity Series Overseas Fund	5.89%	21.29%	5.87%	21.49%	-23.25%	19.59%	16.36%	7.78%

Correlation

The correlation between SPILX and FSOSX is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (3Y) Balances recent behavior with more history.	0.88
Correlation (5Y) Shows whether the relationship held over a longer period.	0.89
Correlation (All Time) Calculated using the full available price history since Jun 28, 2019	0.87

The correlation between SPILX and FSOSX has been stable across timeframes, ranging from 0.87 to 0.90 - a consistent structural relationship.

Return for Risk

SPILX vs. FSOSX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SPILX

SPILX Risk / Return Rank: 68
SPILX Sharpe Ratio Rank: 68
SPILX Sortino Ratio Rank: 64
SPILX Omega Ratio Rank: 69
SPILX Calmar Ratio Rank: 72
SPILX Martin Ratio Rank: 67

FSOSX

FSOSX Risk / Return Rank: 14
FSOSX Sharpe Ratio Rank: 12
FSOSX Sortino Ratio Rank: 13
FSOSX Omega Ratio Rank: 13
FSOSX Calmar Ratio Rank: 15
FSOSX Martin Ratio Rank: 18

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SPILX vs. FSOSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Symmetry Panoramic International Equity Fund (SPILX) and Fidelity Series Overseas Fund (FSOSX). 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.

	SPILX	FSOSX	Difference
Sharpe ratio: Return per unit of total volatility	1.64	0.47	+1.18
Sortino ratio: Return per unit of downside risk	2.25	0.80	+1.45
Omega ratio: Gain probability vs. loss probability	1.31	1.10	+0.21
Calmar ratio: Return relative to maximum drawdown	2.38	0.70	+1.68
Martin ratio: Return relative to average drawdown	8.54	2.38	+6.16

SPILX vs. FSOSX - Sharpe Ratio Comparison

The current SPILX Sharpe Ratio is 1.64, which is higher than the FSOSX Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of SPILX and FSOSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

SPILX vs. FSOSX - Drawdown Comparison

The maximum SPILX drawdown since its inception was -34.53%, roughly equal to the maximum FSOSX drawdown of -35.36%. Use the drawdown chart below to compare losses from any high point for SPILX and FSOSX.

Drawdown Indicators

	SPILX	FSOSX	Difference
Max Drawdown Largest peak-to-trough decline	-34.53%	-35.36%	+0.83%
Max Drawdown (1Y) Largest decline over 1 year	-11.08%	-12.39%	+1.31%
Max Drawdown (3Y) Largest decline over 3 years	-12.90%	-14.07%	+1.17%
Max Drawdown (5Y) Largest decline over 5 years	-27.71%	-35.36%	+7.65%
Current Drawdown Current decline from peak	-3.38%	-3.54%	+0.16%
Average Drawdown Average peak-to-trough decline	-6.31%	-7.67%	+1.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.08%	3.64%	-0.56%

Volatility

SPILX vs. FSOSX - Volatility Comparison

The current volatility for Symmetry Panoramic International Equity Fund (SPILX) is 5.87%, while Fidelity Series Overseas Fund (FSOSX) has a volatility of 6.20%. This indicates that SPILX experiences smaller price fluctuations and is considered to be less risky than FSOSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SPILX	FSOSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.87%	6.20%	-0.33%
Volatility (6M) Calculated over the trailing 6-month period	14.50%	16.57%	-2.07%
Volatility (1Y) Calculated over the trailing 1-year period	16.06%	18.60%	-2.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.88%	18.06%	-3.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.59%	19.15%	-3.56%

SPILX vs. FSOSX - Expense Ratio Comparison

SPILX has a 0.89% expense ratio, which is higher than FSOSX's 0.01% expense ratio.

Dividends

SPILX vs. FSOSX - Dividend Comparison

SPILX's dividend yield for the trailing twelve months is around 5.84%, less than FSOSX's 8.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FSOSX Fidelity Series Overseas Fund	8.64%	9.15%	2.25%	1.63%	1.80%	2.92%	1.12%	0.37%	0.00%
SPILX Symmetry Panoramic International Equity Fund	5.84%	6.64%	3.44%	3.50%	2.45%	2.36%	1.22%	2.96%	1.00%

Frequently Asked Questions

Can I hold both SPILX and FSOSX in my portfolio?

With a correlation of 0.90, SPILX and FSOSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, SPILX or FSOSX?

FSOSX has higher volatility (6.20%) compared to SPILX (5.87%). In terms of maximum drawdown, SPILX dropped -34.53% vs FSOSX's -35.36%.

Which has better risk-adjusted returns?

SPILX currently has the higher Sharpe Ratio (1.64 vs 0.47), 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.