Fund Evaluator:

Fidelity Worldwide Overview

Fidelity Worldwide (FWWFX) is an actively managed International Equity Global Large-Stock Growth fund. Fidelity Investments launched the fund in 1990.

The investment seeks growth of capital. The fund invests in securities issued throughout the world. It normally invests primarily in common stocks. The advisor allocates investments across different countries and regions. The advisor uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

About Fidelity Worldwide (FWWFX)

There are 2 members of the management team with an average tenure of 12.26 years: Andrew Sergeant (2020), Stephen DuFour (2007). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI World NR USD index with a weighting of 100%. Fidelity Worldwide has 177 securities in its portfolio. The top 10 holdings constitute 39.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Fidelity Worldwide is part of the Equity global asset class and is within the International Equity fund group. Fidelity Worldwide has 34.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 63.4%. There is 34.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Fidelity Worldwide has 0.8% of the portfolio in cash.

Assets Under Management

The fund has $3 billion in total assets, which is above the $996 million average for the Global Large-Stock Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

FWWFX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Fidelity Worldwide expense ratio is above average compared to funds in the Global Large-Stock Growth category. Fidelity Worldwide has an expense ratio of 0.77%, which is 31% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Fidelity Worldwide has a portfolio turnover rate of 144%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 46% for the Global Large-Stock Growth category.

Recently, in the month of June 2026, Fidelity Worldwide returned 3.6%, which earned it a grade of A, as the Global Large-Stock Growth category had an average return of 0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Fidelity Worldwide has a trailing yield of 0.46%, which is above the 0.27% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Fidelity Worldwide Grades

Year to date, the fund has returned 23.5%, 14.7 percentage points better than the category, which translates into a grade of A. The fund has returned 35.9% over the past year (grade of A), 25.0% over the past three years (grade of A) and 12.6% per year over the past five years (grade of A) and 15.7% per year over the past 10 years (grade of A).

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