FECMX Alternatives & Similar Mutual Funds

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 11 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
FEMSX	Fidelity Series Emerging Markets Opportunities Fun...	0.01%	—	Dec 2008	FECMX vs FEMSX
FHKFX	Fidelity Series Emerging Markets Fund	0.01%	—	Aug 2018	FECMX vs FHKFX
VEMRX	Vanguard Emerging Markets Index Fund Institutional...	0.08%	159.90B	Dec 2010	FECMX vs VEMRX
VEMIX	Vanguard Emerging Markets Stock Index Fund Institu...	0.10%	—	Jun 2000	FECMX vs VEMIX
VEMAX	Vanguard Emerging Markets Stock Index Fund Admiral...	0.14%	159.90B	Jun 2006	FECMX vs VEMAX

Best Risk-Adjusted Alternatives to FECMX

FECMX has a PortfoliosLab risk / return rank of 86. There are 22 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
DEMAX	Nomura Emerging Markets Fund Class A	98	—	Jun 1996	FECMX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	98	—	Jun 1996	FECMX vs DEMCX
WXCIX	William Blair Emerging Markets ex China Growth Fun...	95	—	Jul 2022	FECMX vs WXCIX
FZAEX	Fidelity Advisor Focused Emerging Markets Fund Cla...	95	—	Aug 2013	FECMX vs FZAEX
FIMKX	Fidelity Advisor Focused Emerging Markets Fund Cla...	94	—	Mar 2004	FECMX vs FIMKX

Top Performing FECMX Alternatives (YTD)

FECMX is at 28.19% YTD. There are 18 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 112.66%.

Symbol	Name	YTD Return	AUM	Inception
DEMAX	Nomura Emerging Markets Fund Class A	112.66%	—	Jun 1996	FECMX vs DEMAX
DEMCX	Nomura Emerging Markets Fund Class C	112.02%	—	Jun 1996	FECMX vs DEMCX
WXCIX	William Blair Emerging Markets ex China Growth Fun...	51.69%	—	Jul 2022	FECMX vs WXCIX
CNWIX	Calamos Evolving World Growth Fund Class I	51.09%	—	—	FECMX vs CNWIX
EMF	Templeton Emerging Markets Fund	41.37%	—	Feb 1987	FECMX vs EMF

Lowest Volatility Alternatives to FECMX

FECMX has 18.94% 1-year volatility. There are 27 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.64%.

Symbol	Name	Volatility 1Y	AUM	Inception
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	9.64%	—	Jan 2019	FECMX vs FGKPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	11.36%	—	—	FECMX vs GQGIX
SIVLX	Seafarer Overseas Value Fund Institutional Class	12.04%	—	May 2016	FECMX vs SIVLX
FEDIX	Fidelity Advisor Emerging Markets Discovery Fund C...	13.18%	—	Nov 2011	FECMX vs FEDIX
FEDTX	Fidelity Advisor Emerging Markets Discovery Fund C...	13.18%	—	Nov 2011	FECMX vs FEDTX

Lowest Drawdown Alternatives to FECMX

FECMX has a 1-year max drawdown of -13.02%. There are 24 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
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	-6.93%	—	Jan 2019	FECMX vs FGKPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	-9.11%	—	—	FECMX vs GQGIX
FEDDX	Fidelity Emerging Markets Discovery Fund	-9.54%	—	Nov 2011	FECMX vs FEDDX
FIQGX	Fidelity Advisor Emerging Markets Discovery Fund C...	-9.55%	—	Oct 2018	FECMX vs FIQGX
FEDIX	Fidelity Advisor Emerging Markets Discovery Fund C...	-9.58%	—	Nov 2011	FECMX vs FEDIX

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
FXAIX	Fidelity 500 Index Fund	S&P 500	73	11.71%	—	Feb 1988	FECMX vs FXAIX
FSELX	Fidelity Select Semiconductors Portfolio	Semiconductors, Technology Equities	97	85.56%	—	Jul 1985	FECMX vs FSELX
FZROX	Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	72	12.01%	—	—	FECMX vs FZROX
FSPGX	Fidelity Large Cap Growth Index Fund	Large Cap Growth Equities	32	8.60%	—	—	FECMX vs FSPGX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	71	12.08%	—	—	FECMX vs FSKAX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	75	18.56%	—	Dec 1987	FECMX vs FBGRX
FCNTX	Fidelity Contrafund	Large Cap Growth Equities	35	7.76%	176.32B	May 1967	FECMX vs FCNTX
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	71	11.56%	—	—	FECMX vs FNILX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	27	9.51%	—	Nov 1997	FECMX vs FSPSX
FTIHX	Fidelity Total International Index Fund	Foreign Large Cap Equities	58	15.53%	—	Jun 2016	FECMX vs FTIHX

Often Compared With FECMX

Investors most often compare FECMX with VWO, VYMI, FEDAX. These 3 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VWO	Vanguard FTSE Emerging Markets ETF	Emerging Markets Equities	56	12.22%	159.90B	Mar 2005	FECMX vs VWO
VYMI	Vanguard International High Dividend Yield ETF	Dividend, Foreign Large Cap Equities	66	11.31%	20.00B	Feb 2016	FECMX vs VYMI
FEDAX	Fidelity Advisor Emerging Markets Discovery Fund C...	Emerging Markets Equities	87	19.92%	—	Nov 2011	FECMX vs FEDAX

Compare FECMX with Any Fund or Stock

Compare FECMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

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

Fidelity Advisor Emerging Markets Fund Class I (FECMX) Alternatives