SWMIX vs. FIGFX
SWMIX (Schwab International Opportunities Fund) and FIGFX (Fidelity International Growth Fund) are both Foreign Large Cap Equities funds. Over the past 10 years, SWMIX returned 7.32%/yr vs 9.18%/yr for FIGFX. Their correlation of 0.94 means they have usually moved in the same direction. SWMIX charges 0.99%/yr vs 0.84%/yr for FIGFX.
Performance
SWMIX vs. FIGFX - Performance Comparison
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Returns By Period
In the year-to-date period, SWMIX achieves a 10.02% return, which is significantly higher than FIGFX's 7.52% return. Over the past 10 years, SWMIX has underperformed FIGFX with an annualized return of 7.32%, while FIGFX has yielded a comparatively higher 9.18% annualized return.
SWMIX
- 1D
- -0.30%
- 1M
- -0.90%
- 6M
- 3.44%
- YTD
- 10.02%
- 1Y
- 14.25%
- 3Y*
- 10.38%
- 5Y*
- 1.98%
- 10Y*
- 7.32%
- ALL TIME*
- 7.13%
FIGFX
- 1D
- 0.00%
- 1M
- -2.67%
- 6M
- 1.16%
- YTD
- 7.52%
- 1Y
- 14.70%
- 3Y*
- 11.85%
- 5Y*
- 4.85%
- 10Y*
- 9.18%
- ALL TIME*
- 6.04%
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 |
SWMIX vs. FIGFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWMIX Schwab International Opportunities Fund | 10.02% | 21.83% | 0.91% | 12.52% | -25.35% | 5.78% | 23.94% | 26.07% | -19.12% | 33.64% |
FIGFX Fidelity International Growth Fund | 7.52% | 17.91% | 4.90% | 20.89% | -23.19% | 15.42% | 16.95% | 33.97% | -11.52% | 28.83% |
Correlation
The correlation between SWMIX and FIGFX is 0.93, 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. | 0.93 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.93 |
Correlation (All Time) Calculated using the full available price history since Nov 2, 2007 | 0.94 |
The correlation between SWMIX and FIGFX has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.
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Return for Risk
SWMIX vs. FIGFX — Risk / Return Rank
SWMIX
FIGFX
SWMIX vs. FIGFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab International Opportunities Fund (SWMIX) and Fidelity International Growth Fund (FIGFX). 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.
| SWMIX | FIGFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.14 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.09 | 1.02 | +0.07 |
| Martin ratioReturn relative to average drawdown | 3.75 | 3.50 | +0.25 |
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Drawdowns
SWMIX vs. FIGFX - Drawdown Comparison
The maximum SWMIX drawdown since its inception was -61.81%, which is greater than FIGFX's maximum drawdown of -55.97%. Use the drawdown chart below to compare losses from any high point for SWMIX and FIGFX.
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Drawdown Indicators
| SWMIX | FIGFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.81% | -55.97% | -5.84% |
Max Drawdown (1Y)Largest decline over 1 year | -12.90% | -13.95% | +1.05% |
Max Drawdown (3Y)Largest decline over 3 years | -14.29% | -16.51% | +2.22% |
Max Drawdown (5Y)Largest decline over 5 years | -40.51% | -34.91% | -5.60% |
Max Drawdown (10Y)Largest decline over 10 years | -40.51% | -34.91% | -5.60% |
Current DrawdownCurrent decline from peak | -3.47% | -4.79% | +1.32% |
Average DrawdownAverage peak-to-trough decline | -12.59% | -10.34% | -2.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.74% | 4.08% | -0.34% |
Volatility
SWMIX vs. FIGFX - Volatility Comparison
The current volatility for Schwab International Opportunities Fund (SWMIX) is 5.91%, while Fidelity International Growth Fund (FIGFX) has a volatility of 6.53%. This indicates that SWMIX experiences smaller price fluctuations and is considered to be less risky than FIGFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SWMIX | FIGFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.91% | 6.53% | -0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 15.97% | 18.29% | -2.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.72% | 20.59% | -0.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.50% | 18.58% | -0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.21% | 17.91% | +0.30% |
SWMIX vs. FIGFX - Expense Ratio Comparison
SWMIX has a 0.99% expense ratio, which is higher than FIGFX's 0.84% expense ratio.
Dividends
SWMIX vs. FIGFX - Dividend Comparison
SWMIX has not paid dividends to shareholders, while FIGFX's dividend yield for the trailing twelve months is around 3.20%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIGFX Fidelity International Growth Fund | 3.20% | 3.44% | 0.78% | 0.48% | 1.66% | 1.93% | 0.11% | 0.97% | 0.88% | 0.12% | 1.24% | 0.77% |
SWMIX Schwab International Opportunities Fund | 0.00% | 0.00% | 2.04% | 1.73% | 3.59% | 17.50% | 6.16% | 1.94% | 10.57% | 4.60% | 0.87% | 7.20% |
Frequently Asked Questions
With a correlation of 0.93, SWMIX and FIGFX 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.
FIGFX has higher volatility (6.53%) compared to SWMIX (5.91%). In terms of maximum drawdown, SWMIX dropped -61.81% vs FIGFX's -55.97%.
SWMIX currently has the higher Sharpe Ratio (0.72 vs 0.69), 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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