Fidelity Advisor Emerging Markets Fund Class I (FECMX) belongs to the Emerging Markets Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FECMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FECMX
FECMX charges 0.87% annually. There are 12 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | FECMX vs FHKFX | |
| Fidelity Series Emerging Markets Opportunities Fun... | 0.01% | — | Dec 2008 | FECMX vs FEMSX | |
| Vanguard Emerging Markets Index Fund Institutional... | 0.08% | 162.80B | Dec 2010 | FECMX vs VEMRX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.10% | — | Jun 2000 | FECMX vs VEMIX | |
| Vanguard Emerging Markets Stock Index Fund Admiral... | 0.13% | 162.80B | Jun 2006 | FECMX vs VEMAX |
Best Risk-Adjusted Alternatives to FECMX
FECMX has a PortfoliosLab risk / return rank of 83. There are 23 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class A | 98 | — | Jun 1996 | FECMX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 98 | — | Jun 1996 | FECMX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 96 | — | Jul 2022 | FECMX vs WXCIX | |
| JPMorgan Emerging Markets Equity Fund Class R6 | 92 | — | Dec 2013 | FECMX vs JEMWX | |
| JPMorgan Emerging Markets Equity Fund Class I | 92 | — | — | FECMX vs JEMSX |
Top Performing FECMX Alternatives (YTD)
FECMX is at 28.94% YTD. There are 19 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 144.86%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class A | 144.86% | — | Jun 1996 | FECMX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 143.99% | — | Jun 1996 | FECMX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 59.62% | — | Jul 2022 | FECMX vs WXCIX | |
| Calamos Evolving World Growth Fund Class I | 51.83% | — | — | FECMX vs CNWIX | |
| Templeton Emerging Markets Fund | 38.50% | — | Feb 1987 | FECMX vs EMF |
Lowest Volatility Alternatives to FECMX
FECMX has 21.65% 1-year volatility. There are 30 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 10.75%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Emerging Markets Low Volatility Index... | 10.75% | — | Jan 2019 | FECMX vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.55% | — | — | FECMX vs GQGIX | |
| Seafarer Overseas Value Fund Institutional Class | 12.92% | — | May 2016 | FECMX vs SIVLX | |
| Schwab Fundamental Emerging Markets Equity Index F... | 13.82% | — | Jan 2008 | FECMX vs SFENX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | 14.11% | — | Nov 2011 | FECMX vs FEDTX |
Lowest Drawdown Alternatives to FECMX
FECMX has a 1-year max drawdown of -13.02%. There are 25 mutual funds in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -6.93%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Emerging Markets Low Volatility Index... | -6.93% | — | Jan 2019 | FECMX vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | -9.11% | — | — | FECMX vs GQGIX | |
| Schwab Fundamental Emerging Markets Equity Index F... | -9.45% | — | Jan 2008 | FECMX vs SFENX | |
| Fidelity Emerging Markets Discovery Fund | -9.54% | — | Nov 2011 | FECMX vs FEDDX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | -9.55% | — | Oct 2018 | FECMX vs FIQGX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 65 | 9.79% | — | Feb 1988 | FECMX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 96 | 89.12% | — | Jul 1985 | FECMX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 65 | 10.41% | — | — | FECMX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 64 | 10.43% | — | — | FECMX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 21 | 3.18% | — | — | FECMX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 68 | 16.84% | — | Dec 1987 | FECMX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 37 | 8.62% | 176.32B | May 1967 | FECMX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 62 | 9.63% | — | — | FECMX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 39 | 10.74% | — | Nov 1997 | FECMX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 66 | 15.70% | — | Jun 2016 | FECMX vs FTIHX |
Often Compared With FECMX
Investors most often compare FECMX with FIMKX, VYMI, VWO. These 7 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity Advisor Focused Emerging Markets Fund Cla... | Emerging Markets Equities | 92 | 31.36% | — | Mar 2004 | FECMX vs FIMKX | |
| Vanguard International High Dividend Yield ETF | Dividend, Foreign Large Cap Equities | 70 | 11.38% | 20.50B | Feb 2016 | FECMX vs VYMI | |
| Vanguard FTSE Emerging Markets ETF | Emerging Markets Equities | 49 | 10.55% | 162.80B | Mar 2005 | FECMX vs VWO | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | Emerging Markets Equities | 87 | 20.23% | — | Nov 2011 | FECMX vs FEDIX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | Emerging Markets Equities | 86 | 20.13% | — | Nov 2011 | FECMX vs FEDAX | |
| Fidelity Advisor Focused Emerging Markets Fund Cla... | Emerging Markets Equities | 92 | 31.44% | — | Aug 2013 | FECMX vs FZAEX | |
| Fidelity Advisor Focused Emerging Markets Fund Cla... | Emerging Markets Equities | 91 | 31.05% | — | Mar 2004 | FECMX vs FTMKX |
Compare FECMX with Any Fund or Stock
Compare FECMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FECMX with funds that move differently
Fidelity Advisor Emerging Markets Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FECMX.
Explore FECMX Diversifiers