TIHBX vs. FSOSX

Last updated Jun 23, 2026

TIHBX (Transamerica International Stock) and FSOSX (Fidelity Series Overseas Fund) are both Foreign Large Cap Equities funds. Over the past 5 years, TIHBX returned 12.75%/yr vs 7.49%/yr for FSOSX. Their correlation of 0.90 suggests significant overlap in exposure. TIHBX charges 1.00%/yr vs 0.01%/yr for FSOSX.

Performance

TIHBX vs. FSOSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Transamerica International Stock (TIHBX) 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, TIHBX achieves a 9.90% return, which is significantly higher than FSOSX's 9.11% return.

TIHBX

• 1D: 0.80%
• 1M: 2.43%
• YTD: 9.90%
• 6M: 10.34%
• 1Y: 26.93%
• 3Y*: 19.95%
• 5Y*: 12.75%
• 10Y*: —

FSOSX

• 1D: 1.69%
• 1M: 4.69%
• YTD: 9.11%
• 6M: 9.11%
• 1Y: 14.75%
• 3Y*: 13.42%
• 5Y*: 7.49%
• 10Y*: —

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

TIHBX vs. FSOSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
TIHBX Transamerica International Stock	9.90%	34.96%	10.23%	19.44%	-10.69%	17.78%	3.39%	5.08%
FSOSX Fidelity Series Overseas Fund	9.11%	21.29%	5.87%	21.49%	-23.25%	19.59%	16.36%	7.78%

Correlation

The correlation between TIHBX and FSOSX is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Jun 28, 2019	0.90

The correlation between TIHBX and FSOSX has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.

Return for Risk

TIHBX vs. FSOSX — Risk / Return Rank

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

TIHBX

TIHBX Risk / Return Rank: 37
TIHBX Sharpe Ratio Rank: 38
TIHBX Sortino Ratio Rank: 38
TIHBX Omega Ratio Rank: 37
TIHBX Calmar Ratio Rank: 34
TIHBX Martin Ratio Rank: 36

FSOSX

FSOSX Risk / Return Rank: 12
FSOSX Sharpe Ratio Rank: 10
FSOSX Sortino Ratio Rank: 11
FSOSX Omega Ratio Rank: 11
FSOSX Calmar Ratio Rank: 13
FSOSX Martin Ratio Rank: 16

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.

TIHBX vs. FSOSX - Risk-Adjusted Trends Comparison

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

	TIHBX	FSOSX	Difference
Sharpe ratio: Return per unit of total volatility	1.65	0.80	+0.86
Sortino ratio: Return per unit of downside risk	2.40	1.24	+1.16
Omega ratio: Gain probability vs. loss probability	1.30	1.15	+0.15
Calmar ratio: Return relative to maximum drawdown	2.08	1.13	+0.95
Martin ratio: Return relative to average drawdown	7.54	4.00	+3.54

TIHBX vs. FSOSX - Sharpe Ratio Comparison

The current TIHBX Sharpe Ratio is 1.65, which is higher than the FSOSX Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of TIHBX 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

TIHBX vs. FSOSX - Drawdown Comparison

The maximum TIHBX drawdown since its inception was -33.33%, smaller than the maximum FSOSX drawdown of -35.36%. Use the drawdown chart below to compare losses from any high point for TIHBX and FSOSX.

Drawdown Indicators

	TIHBX	FSOSX	Difference
Max Drawdown Largest peak-to-trough decline	-33.33%	-35.36%	+2.03%
Max Drawdown (1Y) Largest decline over 1 year	-12.45%	-12.39%	-0.06%
Max Drawdown (3Y) Largest decline over 3 years	-14.46%	-14.07%	-0.39%
Max Drawdown (5Y) Largest decline over 5 years	-29.07%	-35.36%	+6.29%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-6.08%	-7.74%	+1.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.43%	3.49%	-0.06%

Volatility

TIHBX vs. FSOSX - Volatility Comparison

The current volatility for Transamerica International Stock (TIHBX) is 4.62%, while Fidelity Series Overseas Fund (FSOSX) has a volatility of 6.52%. This indicates that TIHBX 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

	TIHBX	FSOSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.62%	6.52%	-1.90%
Volatility (6M) Calculated over the trailing 6-month period	13.26%	15.35%	-2.09%
Volatility (1Y) Calculated over the trailing 1-year period	15.70%	17.61%	-1.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.05%	17.85%	-0.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.33%	19.11%	-0.78%

TIHBX vs. FSOSX - Expense Ratio Comparison

TIHBX has a 1.00% expense ratio, which is higher than FSOSX's 0.01% expense ratio.

Dividends

TIHBX vs. FSOSX - Dividend Comparison

TIHBX's dividend yield for the trailing twelve months is around 2.53%, less than FSOSX's 8.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FSOSX Fidelity Series Overseas Fund	8.39%	9.15%	2.25%	1.63%	1.80%	2.92%	1.12%	0.37%
TIHBX Transamerica International Stock	2.53%	2.78%	6.31%	3.27%	2.79%	8.74%	1.34%	0.11%

Frequently Asked Questions

Can I hold both TIHBX and FSOSX in my portfolio?

With a correlation of 0.91, TIHBX 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, TIHBX or FSOSX?

FSOSX has higher volatility (6.52%) compared to TIHBX (4.62%). In terms of maximum drawdown, TIHBX dropped -33.33% vs FSOSX's -35.36%.

Which has better risk-adjusted returns?

TIHBX currently has the higher Sharpe Ratio (1.65 vs 0.80), 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.