TGRGX vs. FSOSX

Last updated Aug 1, 2026

TGRGX (Transamerica International Focus) and FSOSX (Fidelity Series Overseas Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, TGRGX returned 0.46%/yr vs 5.77%/yr for FSOSX. Their correlation of 0.90 means they have usually moved in the same direction. TGRGX charges 1.05%/yr vs 0.01%/yr for FSOSX.

Performance

TGRGX vs. FSOSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Transamerica International Focus (TGRGX) 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, TGRGX achieves a 3.76% return, which is significantly lower than FSOSX's 5.89% return.

TGRGX

• 1D: 2.87%
• 1M: -2.18%
• 6M: 4.06%
• YTD: 3.76%
• 1Y: -0.33%
• 3Y*: 3.66%
• 5Y*: 0.46%
• 10Y*: —
• ALL TIME*: 5.83%

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
TGRGX Transamerica International Focus	$0.00	$0.00	$0.00

TGRGX vs. FSOSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TGRGX Transamerica International Focus	3.76%	6.79%	-0.73%	12.65%	-20.27%	10.78%	21.16%	10.09%
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 TGRGX and FSOSX is 0.86, 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.	0.86
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	0.90

The correlation between TGRGX and FSOSX has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.

Return for Risk

TGRGX vs. FSOSX — Risk / Return Rank

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

TGRGX

TGRGX Risk / Return Rank: 3
TGRGX Sharpe Ratio Rank: 3
TGRGX Sortino Ratio Rank: 3
TGRGX Omega Ratio Rank: 3
TGRGX Calmar Ratio Rank: 3
TGRGX Martin Ratio Rank: 3

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.

TGRGX vs. FSOSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Transamerica International Focus (TGRGX) 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.

	TGRGX	FSOSX	Difference
Sharpe ratio: Return per unit of total volatility	-0.12	0.47	-0.59
Sortino ratio: Return per unit of downside risk	-0.05	0.80	-0.85
Omega ratio: Gain probability vs. loss probability	0.99	1.10	-0.10
Calmar ratio: Return relative to maximum drawdown	-0.14	0.70	-0.84
Martin ratio: Return relative to average drawdown	-0.39	2.38	-2.77

TGRGX vs. FSOSX - Sharpe Ratio Comparison

The current TGRGX Sharpe Ratio is -0.12, which is lower than the FSOSX Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of TGRGX 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

TGRGX vs. FSOSX - Drawdown Comparison

The maximum TGRGX drawdown since its inception was -35.21%, roughly equal to the maximum FSOSX drawdown of -35.36%. Use the drawdown chart below to compare losses from any high point for TGRGX and FSOSX.

Drawdown Indicators

	TGRGX	FSOSX	Difference
Max Drawdown Largest peak-to-trough decline	-35.21%	-35.36%	+0.15%
Max Drawdown (1Y) Largest decline over 1 year	-14.54%	-12.39%	-2.15%
Max Drawdown (3Y) Largest decline over 3 years	-17.88%	-14.07%	-3.81%
Max Drawdown (5Y) Largest decline over 5 years	-34.46%	-35.36%	+0.90%
Current Drawdown Current decline from peak	-4.54%	-3.54%	-1.00%
Average Drawdown Average peak-to-trough decline	-9.45%	-7.67%	-1.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.34%	3.64%	+1.70%

Volatility

TGRGX vs. FSOSX - Volatility Comparison

The current volatility for Transamerica International Focus (TGRGX) is 5.54%, while Fidelity Series Overseas Fund (FSOSX) has a volatility of 6.20%. This indicates that TGRGX 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

	TGRGX	FSOSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.54%	6.20%	-0.66%
Volatility (6M) Calculated over the trailing 6-month period	15.31%	16.57%	-1.26%
Volatility (1Y) Calculated over the trailing 1-year period	17.30%	18.60%	-1.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.04%	18.06%	-0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.41%	19.15%	+0.26%

TGRGX vs. FSOSX - Expense Ratio Comparison

TGRGX has a 1.05% expense ratio, which is higher than FSOSX's 0.01% expense ratio.

Dividends

TGRGX vs. FSOSX - Dividend Comparison

TGRGX's dividend yield for the trailing twelve months is around 0.88%, less than FSOSX's 8.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FSOSX Fidelity Series Overseas Fund	8.64%	9.15%	2.25%	1.63%	1.80%	2.92%	1.12%	0.37%
TGRGX Transamerica International Focus	0.88%	0.91%	20.50%	8.42%	1.74%	5.85%	0.78%	1.72%

Frequently Asked Questions

Can I hold both TGRGX and FSOSX in my portfolio?

TGRGX and FSOSX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TGRGX or FSOSX?

FSOSX has higher volatility (6.20%) compared to TGRGX (5.54%). In terms of maximum drawdown, TGRGX dropped -35.21% vs FSOSX's -35.36%.

Which has better risk-adjusted returns?

FSOSX currently has the higher Sharpe Ratio (0.47 vs -0.12), 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.