Summary
Fidelity International Discovery is a mutual fund run by Fidelity. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 128. The ten largest make up 31% of the fund.
- Positions
- 128
- Dividend yield
- 0.36%
- Running since
- 1986
What speaks for it
- It has been running since 1986.
What to watch
- In the last five years its price once dropped by 43% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -6.0%
- 3 months
- -3.8%
- This year
- +5.8%
- 1 year
- -0.2%
- 3 years
- +52%
- 5 years
- +1.6%
- 10 years
- +58%
- Avg. market cap
- $279.0B
- P/E
- 17.0x
- Forward P/E
- 17.0x
- P/S
- 2.9x
- P/B
- 2.7x
- P/FCF
- 16.4x
- EV/EBITDA
- 17.0x
- Dividend yield
- 1.76%
- ROIC
- 16.1%
- ROE
- 23.0%
- Gross margin
- 42.9%
- Operating margin
- 30.3%
- Net margin
- 25.3%
- Payout ratio
- 30.0%
- Net debt/EBITDA
- 0.4x
- Beta
- 0.90
Weighted average of the 50 largest companies, which make up 65% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 23Taiwan Semiconductor Manufacturing Company Limited 2330.TW 4.5%
- 2 ASASML Holding N.V. ASML.AS 4.1%
- 3 Fidelity Cash Central Fund 3.6%
- 4 Zegona Communications plc 3.4%
- 5 SABanco Santander, S.A. SAN.MC 3.1%
- 6 INInvestor AB (publ) INVE-B.ST 2.7%
- 7 83Mitsubishi UFJ Financial Group, Inc. 8306.T 2.6%
- 8 SUSchneider Electric S.E. SU.PA 2.4%
- 9 83Sumitomo Mitsui Financial Group, Inc. 8316.T 2.3%
- 10 Rolls-Royce Holdings PLC 2.2%
Positions in the fund: 128. The ten largest make up 31% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy sector
- Financials 30%
- Industrials 27%
- Technology 19%
- Communication services 5.6%
- Healthcare 5.3%
- Other 13%
By country
- Japan 20%
- United Kingdom 15%
- Netherlands 7.2%
- France 5.8%
- Other countries 52%
By company size
- Mega cap 21%
- Large cap 71%
- Mid cap 5.8%
- Small cap 2.1%
- Micro cap 0.01%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 78% of the fund.
Largest sector: Financials (30%). Largest country: Japan (20%). Largest size group: Large cap (71%).
What does it cost me?
We do not know the costs of this fund.
How has it done?
Growing slowly- A year on average, 10 years
- +4.7%
- Deepest drop
- -43%
- Yearly volatility
- 20%
Average yearly growth over the last ten years: 4.7%. Deepest drop in these years: 43% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.36%
- Payments a year
- 1
- Last payment
- $0.22
Over the last 12 months it paid $0.22 per share, which is 0.36% of today's price. The last payment was $0.22 on Dec 29, 2025.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 17.0
- Average Bulios Score
- 71 out of 100
Weight by Bulios Fair Price
- Undervalued 37%
- Fairly valued 4.7%
- Overvalued 58%
On average the companies inside trade for 17.0 times their yearly profit. By Fair Price, 58% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 65% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
FF FFDI Fidelity Covington Trust - Fidelity Fundamental Developed International ETF | United States | 0.55% | $19.0M | -0.2% | Pays out | 50% |
FF FFGX Fidelity Covington Trust - Fidelity Fundamental Global ex-U.S. ETF | United States | 0.55% | $54.2M | +4.9% | Pays out | 43% |
CG CGIE Capital Group International Equity ETF | United States | 0.54% | $2.47B | +4.4% | Pays out | 27% |
QU QUIZ Zacks Quality International ETF | United States | 1.68% | $278.0K | +8.8% | - | 26% |
EF EFG iShares MSCI EAFE Growth ETF | United States | 0.34% | $10.7B | +0.8% | Pays out | 26% |
FE FEUR.MI Fidelity Europe Equity Research Enhanced UCITS ETF ACC-EUR | Ireland | 0.25% | $114.9M | +11% | Reinvests | 26% |