- ISIN
- US3159204136
- Issuer
- Fidelity
- Inception Date
- Mar 25, 1994
- Category
- Asia Pacific Equities
- Min. Investment
- $0
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
FEAAX Performance Chart
Fidelity Advisor Emerging Asia Fund Class A (FEAAX) is up 40.3% since the beginning of the year. FEAAX is currently trading at $90 per share. Investors who bought $1,000 worth of FEAAX shares 5 years ago would now be looking at an investment worth $1,509.
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Returns By Period
Fidelity Advisor Emerging Asia Fund Class A (FEAAX) has returned 40.28% so far this year and 71.58% over the past 12 months. Looking at the last ten years, FEAAX has achieved an annualized return of 16.11%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
Fidelity Advisor Emerging Asia Fund Class A
- 1D
- 3.64%
- 1M
- 8.51%
- YTD
- 40.28%
- 6M
- 42.79%
- 1Y
- 71.58%
- 3Y*
- 33.08%
- 5Y*
- 8.57%
- 10Y*
- 16.11%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FEAAX Monthly Returns History
Based on dividend-adjusted daily data since Mar 25, 1994, FEAAX's average daily return is +0.04%, while the average monthly return is +0.90%. At this rate, an investment would double in approximately 6.4 years.
Historically, 56% of months were positive and 44% were negative. The best month was Nov 2022 with a return of +20.4%, while the worst month was Oct 1997 at -21.8%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 7 months.
On a daily basis, FEAAX closed higher 52% of trading days. The best single day was Dec 26, 1997 with a return of +16.6%, while the worst single day was Dec 24, 1997 at -14.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 9.07% | 5.72% | -10.13% | 18.03% | 9.98% | 4.29% | 40.28% | ||||||
| 2025 | -0.51% | 3.72% | -0.25% | 0.08% | 4.61% | 7.84% | 3.61% | 3.20% | 8.42% | 2.49% | -4.52% | 3.68% | 36.67% |
| 2024 | -5.62% | 7.73% | 2.77% | 0.32% | 2.36% | 3.15% | 0.70% | 0.21% | 12.63% | -2.11% | 0.65% | -2.66% | 20.63% |
| 2023 | 12.79% | -7.86% | 3.80% | -4.02% | -0.45% | 4.52% | 4.78% | -4.77% | -2.51% | -2.46% | 8.16% | 2.65% | 13.50% |
| 2022 | -7.29% | -8.09% | -6.92% | -9.55% | 1.38% | 2.95% | -2.71% | -2.56% | -12.47% | -4.43% | 20.44% | -3.23% | -30.79% |
| 2021 | 6.01% | 0.17% | -6.03% | 2.83% | -1.69% | 4.68% | -10.65% | 2.32% | -3.08% | 1.20% | -4.64% | -5.92% | -15.06% |
Benchmark Metrics
Fidelity Advisor Emerging Asia Fund Class A has an annualized alpha of 4.20%, beta of 0.64, and R2 of 0.29 versus S&P 500 Index. Calculated based on daily prices since March 25, 1994.
- Beta of 0.64 may look defensive, but with R2 of 0.29 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.29 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.20%
- Beta
- 0.64
- R²
- 0.29
- Upside Capture
- 99.28%
- Downside Capture
- 100.67%
Expense Ratio
FEAAX has a high expense ratio of 1.20%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FEAAX ranks 91 for risk / return — in the top 91% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Emerging Asia Fund Class A (FEAAX) and compare them to S&P 500 Index.
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.
| FEAAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.92 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.37 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 5.28 | 2.78 | +2.50 |
| Martin ratioReturn relative to average drawdown | 18.07 | 12.44 | +5.63 |
Dividends
Dividend History
Fidelity Advisor Emerging Asia Fund Class A provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.36 | $4.32 | $2.11 | $2.13 | $0.01 | $0.31 | $0.23 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 12.88% | 6.62% | 5.21% | 6.49% | 0.03% | 1.10% | 0.84% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Emerging Asia Fund Class A. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.36 | $6.36 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Emerging Asia Fund Class A. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Advisor Emerging Asia Fund Class A was 60.87%, occurring on Oct 27, 2008. Recovery took 509 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -60.87%Oct 2008 | 12mo 1d | 2y 7d | 3y 3dNov 2007 - Nov 2010 |
1998 bear market1998 | -60.11%Aug 1998 | 1y 1mo | 1y 3mo | 2y 4moAug 1997 - Dec 1999 |
Dot-com crash2000–2002 | -59.68%Sep 2001 | 1y 7mo | 4y 3mo | 5y 10moFeb 2000 - Dec 2005 |
Bear market2022 | -57.90%Oct 2022 | 1y 8mo | 3y 2mo | 4y 11moFeb 2021 - Jan 2026 |
2016 bear market2016 | -30.52%Jan 2016 | 8mo 27d | 1y 3mo | 2y 17dApr 2015 - May 2017 |
Drawdown Indicators
| FEAAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.87% | -56.78% | -4.09% |
Max Drawdown (1Y)Largest decline over 1 year | -13.56% | -9.10% | -4.46% |
Max Drawdown (3Y)Largest decline over 3 years | -17.33% | -18.90% | +1.57% |
Max Drawdown (5Y)Largest decline over 5 years | -53.46% | -25.43% | -28.03% |
Max Drawdown (10Y)Largest decline over 10 years | -57.90% | -33.92% | -23.98% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -20.17% | -10.71% | -9.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.96% | 2.03% | +1.93% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with FEAAX
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