TSWIX vs. FAERX
TSWIX (Transamerica International Equity) and FAERX (Fidelity Advisor Overseas Fund Class M) are both Foreign Large Cap Equities funds. Over the past 10 years, TSWIX returned 9.69%/yr vs 7.06%/yr for FAERX. Their correlation of 0.88 suggests significant overlap in exposure. TSWIX charges 0.84%/yr vs 1.65%/yr for FAERX.
Performance
TSWIX vs. FAERX - Performance Comparison
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Returns By Period
Over the past 10 years, TSWIX has outperformed FAERX with an annualized return of 9.69%, while FAERX has yielded a comparatively lower 7.06% annualized return.
TSWIX
- 1D
- -0.18%
- 1M
- 1.70%
- YTD
- 12.68%
- 6M
- 12.55%
- 1Y
- 27.18%
- 3Y*
- 18.31%
- 5Y*
- 9.45%
- 10Y*
- 9.69%
FAERX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- -0.80%
- 3Y*
- 7.45%
- 5Y*
- 3.31%
- 10Y*
- 7.06%
TSWIX vs. FAERX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TSWIX Transamerica International Equity | 12.68% | 32.53% | 3.55% | 16.09% | -14.05% | 13.23% | 6.75% | 21.14% | -15.95% | 22.58% |
FAERX Fidelity Advisor Overseas Fund Class M | 0.00% | 14.70% | 4.40% | 19.78% | -24.77% | 18.63% | 14.43% | 27.14% | -15.25% | 29.37% |
Correlation
The correlation between TSWIX and FAERX is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.51 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.77 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Dec 18, 1992 | 0.88 |
Over the past year, the correlation between TSWIX and FAERX has dropped to 0.51 - well below their long-term average of 0.88, suggesting their price drivers have been diverging.
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Return for Risk
TSWIX vs. FAERX — Risk / Return Rank
TSWIX
FAERX
TSWIX vs. FAERX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Transamerica International Equity (TSWIX) and Fidelity Advisor Overseas Fund Class M (FAERX). 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.
| TSWIX | FAERX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.89 | ||
| Sortino ratioReturn per unit of downside risk | +2.62 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 0.99 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 2.31 | -0.10 | +2.41 |
| Martin ratioReturn relative to average drawdown | 8.66 | -0.16 | +8.82 |
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Drawdowns
TSWIX vs. FAERX - Drawdown Comparison
The maximum TSWIX drawdown since its inception was -58.76%, roughly equal to the maximum FAERX drawdown of -60.14%. Use the drawdown chart below to compare losses from any high point for TSWIX and FAERX.
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Drawdown Indicators
| TSWIX | FAERX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.76% | -60.14% | +1.38% |
Max Drawdown (1Y)Largest decline over 1 year | -12.07% | -7.29% | -4.78% |
Max Drawdown (3Y)Largest decline over 3 years | -16.33% | -14.00% | -2.33% |
Max Drawdown (5Y)Largest decline over 5 years | -30.25% | -36.62% | +6.37% |
Max Drawdown (10Y)Largest decline over 10 years | -39.58% | -36.62% | -2.96% |
Current DrawdownCurrent decline from peak | -0.18% | -5.89% | +5.71% |
Average DrawdownAverage peak-to-trough decline | -13.81% | -14.36% | +0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.22% | 4.16% | -0.94% |
Volatility
TSWIX vs. FAERX - Volatility Comparison
Transamerica International Equity (TSWIX) has a higher volatility of 4.62% compared to Fidelity Advisor Overseas Fund Class M (FAERX) at 0.00%. This indicates that TSWIX's price experiences larger fluctuations and is considered to be riskier than FAERX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TSWIX | FAERX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 0.00% | +4.62% |
Volatility (6M)Calculated over the trailing 6-month period | 12.62% | 3.62% | +9.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.46% | 8.78% | +6.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.60% | 16.72% | -0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.34% | 16.64% | +0.70% |
TSWIX vs. FAERX - Expense Ratio Comparison
TSWIX has a 0.84% expense ratio, which is lower than FAERX's 1.65% expense ratio.
Dividends
TSWIX vs. FAERX - Dividend Comparison
TSWIX's dividend yield for the trailing twelve months is around 6.82%, less than FAERX's 7.94% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAERX Fidelity Advisor Overseas Fund Class M | 7.94% | 7.94% | 0.96% | 0.51% | 0.12% | 2.07% | 0.00% | 1.15% | 4.25% | 3.35% | 0.80% | 0.09% |
TSWIX Transamerica International Equity | 6.82% | 7.68% | 3.03% | 3.16% | 1.12% | 3.55% | 1.22% | 2.75% | 5.56% | 3.08% | 1.90% | 2.64% |
Frequently Asked Questions
TSWIX and FAERX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TSWIX has higher volatility (4.62%) compared to FAERX (0.00%). In terms of maximum drawdown, TSWIX dropped -58.76% vs FAERX's -60.14%.
TSWIX currently has the higher Sharpe Ratio (1.81 vs -0.08), 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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