WICIX vs. FSTSX

Last updated Apr 1, 2026

Compare and contrast key facts about Allspring Special International Small Cap Fund (WICIX) and Fidelity Series International Small Cap Fund (FSTSX).

WICIX is managed by Allspring Global Investments. It was launched on May 30, 2019. FSTSX is managed by Fidelity. It was launched on Dec 3, 2009.

Performance

WICIX vs. FSTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Allspring Special International Small Cap Fund (WICIX) and Fidelity Series International Small Cap Fund (FSTSX). The values are adjusted to include any dividend payments, if applicable.

WICIX vs. FSTSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
WICIX Allspring Special International Small Cap Fund	-6.58%	19.23%	-0.58%	11.84%	-21.38%	12.97%	10.28%	13.65%
FSTSX Fidelity Series International Small Cap Fund	-4.92%	27.49%	4.97%	18.36%	-26.25%	18.29%	19.61%	16.35%

Returns By Period

In the year-to-date period, WICIX achieves a -6.58% return, which is significantly lower than FSTSX's -4.92% return.

WICIX

• 1D: 0.17%
• 1M: -11.69%
• YTD: -6.58%
• 6M: -5.51%
• 1Y: 5.78%
• 3Y*: 4.62%
• 5Y*: 0.19%
• 10Y*: —

FSTSX

• 1D: -0.18%
• 1M: -11.22%
• YTD: -4.92%
• 6M: -3.31%
• 1Y: 17.66%
• 3Y*: 11.76%
• 5Y*: 5.42%
• 10Y*: 8.86%

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

WICIX vs. FSTSX - Expense Ratio Comparison

WICIX has a 1.05% expense ratio, which is higher than FSTSX's 0.03% expense ratio.

WICIX

Allspring Special International Small Cap Fund

FSTSX

Fidelity Series International Small Cap Fund

Return for Risk

WICIX vs. FSTSX — Risk / Return Rank

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

WICIX

WICIX Risk / Return Rank: 11
WICIX Sharpe Ratio Rank: 12
WICIX Sortino Ratio Rank: 11
WICIX Omega Ratio Rank: 10
WICIX Calmar Ratio Rank: 11
WICIX Martin Ratio Rank: 12

FSTSX

FSTSX Risk / Return Rank: 53
FSTSX Sharpe Ratio Rank: 58
FSTSX Sortino Ratio Rank: 56
FSTSX Omega Ratio Rank: 51
FSTSX Calmar Ratio Rank: 55
FSTSX Martin Ratio Rank: 46

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.

WICIX vs. FSTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Allspring Special International Small Cap Fund (WICIX) and Fidelity Series International Small Cap Fund (FSTSX). 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.

	WICIX	FSTSX	Difference
Sharpe ratio Return per unit of total volatility	0.32	1.05	-0.73
Sortino ratio Return per unit of downside risk	0.51	1.48	-0.97
Omega ratio Gain probability vs. loss probability	1.07	1.21	-0.14
Calmar ratio Return relative to maximum drawdown	0.28	1.30	-1.02
Martin ratio Return relative to average drawdown	1.00	4.56	-3.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WICIX vs. FSTSX - Sharpe Ratio Comparison

The current WICIX Sharpe Ratio is 0.32, which is lower than the FSTSX Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of WICIX and FSTSX, 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

	WICIX	FSTSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.32	1.05	-0.73
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.01	0.33	-0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.58	-0.29

Correlation

The correlation between WICIX and FSTSX is 0.91, 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

WICIX vs. FSTSX - Dividend Comparison

WICIX's dividend yield for the trailing twelve months is around 5.48%, less than FSTSX's 16.03% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
WICIX Allspring Special International Small Cap Fund	5.48%	5.12%	2.52%	1.70%	1.20%	1.36%	0.67%	3.15%	0.00%	0.00%	0.00%	0.00%
FSTSX Fidelity Series International Small Cap Fund	16.03%	15.24%	10.22%	3.34%	6.38%	13.22%	0.81%	4.27%	10.99%	6.30%	4.01%	7.32%

Drawdowns

WICIX vs. FSTSX - Drawdown Comparison

The maximum WICIX drawdown since its inception was -40.70%, roughly equal to the maximum FSTSX drawdown of -38.91%. Use the drawdown chart below to compare losses from any high point for WICIX and FSTSX.

Drawdown Indicators

	WICIX	FSTSX	Difference
Max Drawdown Largest peak-to-trough decline	-40.70%	-38.91%	-1.79%
Max Drawdown (1Y) Largest decline over 1 year	-12.67%	-11.22%	-1.45%
Max Drawdown (5Y) Largest decline over 5 years	-40.70%	-38.91%	-1.79%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.91%	—
Current Drawdown Current decline from peak	-12.15%	-11.22%	-0.93%
Average Drawdown Average peak-to-trough decline	-14.28%	-7.95%	-6.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.58%	3.19%	+0.39%

Volatility

WICIX vs. FSTSX - Volatility Comparison

The current volatility for Allspring Special International Small Cap Fund (WICIX) is 5.70%, while Fidelity Series International Small Cap Fund (FSTSX) has a volatility of 6.05%. This indicates that WICIX experiences smaller price fluctuations and is considered to be less risky than FSTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WICIX	FSTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.70%	6.05%	-0.35%
Volatility (6M) Calculated over the trailing 6-month period	9.57%	9.68%	-0.11%
Volatility (1Y) Calculated over the trailing 1-year period	14.19%	15.21%	-1.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.43%	16.26%	-0.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.97%	15.80%	+1.17%