TBGVX vs. FIQEX

Last updated Apr 3, 2026

Compare and contrast key facts about Tweedy, Browne International Value Fund (TBGVX) and Fidelity Advisor Canada Fund Class Z (FIQEX).

TBGVX is managed by Tweedy, Browne. It was launched on Jun 14, 1993. FIQEX is managed by Fidelity. It was launched on Oct 2, 2018.

Performance

TBGVX vs. FIQEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tweedy, Browne International Value Fund (TBGVX) and Fidelity Advisor Canada Fund Class Z (FIQEX). The values are adjusted to include any dividend payments, if applicable.

TBGVX vs. FIQEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
TBGVX Tweedy, Browne International Value Fund	4.44%	23.86%	2.47%	12.48%	-7.52%	15.62%	-1.00%	14.64%	-4.54%
FIQEX Fidelity Advisor Canada Fund Class Z	2.83%	25.98%	9.25%	14.83%	-6.02%	27.01%	4.61%	26.04%	-9.33%

Returns By Period

In the year-to-date period, TBGVX achieves a 4.44% return, which is significantly higher than FIQEX's 2.83% return.

TBGVX

• 1D: 0.96%
• 1M: -3.22%
• YTD: 4.44%
• 6M: 8.21%
• 1Y: 20.48%
• 3Y*: 11.82%
• 5Y*: 8.15%
• 10Y*: 7.81%

FIQEX

• 1D: 0.20%
• 1M: -3.71%
• YTD: 2.83%
• 6M: 7.91%
• 1Y: 24.36%
• 3Y*: 15.79%
• 5Y*: 11.66%
• 10Y*: —

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

TBGVX vs. FIQEX - Expense Ratio Comparison

TBGVX has a 1.40% expense ratio, which is higher than FIQEX's 0.66% expense ratio.

TBGVX

Tweedy, Browne International Value Fund

FIQEX

Fidelity Advisor Canada Fund Class Z

Return for Risk

TBGVX vs. FIQEX — Risk / Return Rank

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

TBGVX

TBGVX Risk / Return Rank: 76
TBGVX Sharpe Ratio Rank: 82
TBGVX Sortino Ratio Rank: 80
TBGVX Omega Ratio Rank: 82
TBGVX Calmar Ratio Rank: 73
TBGVX Martin Ratio Rank: 63

FIQEX

FIQEX Risk / Return Rank: 84
FIQEX Sharpe Ratio Rank: 81
FIQEX Sortino Ratio Rank: 81
FIQEX Omega Ratio Rank: 77
FIQEX Calmar Ratio Rank: 88
FIQEX Martin Ratio Rank: 91

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.

TBGVX vs. FIQEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tweedy, Browne International Value Fund (TBGVX) and Fidelity Advisor Canada Fund Class Z (FIQEX). 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.

	TBGVX	FIQEX	Difference
Sharpe ratio Return per unit of total volatility	1.66	1.66	+0.01
Sortino ratio Return per unit of downside risk	2.23	2.28	-0.06
Omega ratio Gain probability vs. loss probability	1.35	1.33	+0.03
Calmar ratio Return relative to maximum drawdown	2.02	2.67	-0.65
Martin ratio Return relative to average drawdown	7.41	11.73	-4.32
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TBGVX vs. FIQEX - Sharpe Ratio Comparison

The current TBGVX Sharpe Ratio is 1.66, which is comparable to the FIQEX Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of TBGVX and FIQEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TBGVX	FIQEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	1.66	+0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.73	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.63	+0.10

Correlation

The correlation between TBGVX and FIQEX is 0.70, 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

TBGVX vs. FIQEX - Dividend Comparison

TBGVX's dividend yield for the trailing twelve months is around 11.60%, more than FIQEX's 5.64% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TBGVX Tweedy, Browne International Value Fund	11.60%	12.11%	9.95%	4.55%	5.68%	8.89%	0.94%	1.88%	6.74%	1.10%	3.16%	4.94%
FIQEX Fidelity Advisor Canada Fund Class Z	5.64%	5.80%	7.84%	3.50%	4.07%	5.32%	2.74%	4.64%	7.61%	0.00%	0.00%	0.00%

Drawdowns

TBGVX vs. FIQEX - Drawdown Comparison

The maximum TBGVX drawdown since its inception was -50.97%, which is greater than FIQEX's maximum drawdown of -39.84%. Use the drawdown chart below to compare losses from any high point for TBGVX and FIQEX.

Drawdown Indicators

	TBGVX	FIQEX	Difference
Max Drawdown Largest peak-to-trough decline	-50.97%	-39.84%	-11.13%
Max Drawdown (1Y) Largest decline over 1 year	-9.56%	-8.34%	-1.22%
Max Drawdown (5Y) Largest decline over 5 years	-17.71%	-20.97%	+3.26%
Max Drawdown (10Y) Largest decline over 10 years	-31.18%	—	—
Current Drawdown Current decline from peak	-6.57%	-5.26%	-1.31%
Average Drawdown Average peak-to-trough decline	-6.09%	-4.86%	-1.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.60%	2.31%	+0.29%

Volatility

TBGVX vs. FIQEX - Volatility Comparison

The current volatility for Tweedy, Browne International Value Fund (TBGVX) is 4.05%, while Fidelity Advisor Canada Fund Class Z (FIQEX) has a volatility of 4.79%. This indicates that TBGVX experiences smaller price fluctuations and is considered to be less risky than FIQEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TBGVX	FIQEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.05%	4.79%	-0.74%
Volatility (6M) Calculated over the trailing 6-month period	7.44%	10.39%	-2.95%
Volatility (1Y) Calculated over the trailing 1-year period	12.34%	15.66%	-3.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.04%	15.96%	-4.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.65%	18.97%	-6.32%