Fidelity Advisor Emerging Markets Discovery Fund Class A (FEDAX)
The fund invests at least 80% of its assets in securities of issuers in emerging markets (countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets with similar emerging characteristics) and other investments that are tied economically to emerging markets. It normally invests primarily in common stocks.
Fund Info
| ISIN | US31618H5312 |
|---|---|
| Issuer | Fidelity |
| Inception Date | Nov 1, 2011 |
| Category | Emerging Markets Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Blend |
Expense Ratio
The Fidelity Advisor Emerging Markets Discovery Fund Class A has a high expense ratio of 1.49%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Emerging Markets Discovery Fund Class A, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Advisor Emerging Markets Discovery Fund Class A had a return of -0.98% year-to-date (YTD) and 12.83% in the last 12 months. Over the past 10 years, Fidelity Advisor Emerging Markets Discovery Fund Class A had an annualized return of 5.37%, while the S&P 500 had an annualized return of 10.46%, indicating that Fidelity Advisor Emerging Markets Discovery Fund Class A did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -0.98% | 5.84% |
| 1 month | -0.68% | -2.98% |
| 6 months | 12.83% | 22.02% |
| 1 year | 12.83% | 24.47% |
| 5 years (annualized) | 6.91% | 11.44% |
| 10 years (annualized) | 5.37% | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -6.06% | 4.50% | 1.93% | |||||||||
| 2023 | -0.91% | -3.48% | 7.90% | 5.03% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Fidelity Advisor Emerging Markets Discovery Fund Class A(FEDAX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Advisor Emerging Markets Discovery Fund Class A (FEDAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Advisor Emerging Markets Discovery Fund Class A granted a 1.87% dividend yield in the last twelve months. The annual payout for that period amounted to $0.30 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.30 | $0.20 | $1.86 | $0.05 | $0.11 | $0.19 | $0.31 | $0.13 | $0.05 | $0.00 | $0.42 |
Dividend yield | 1.87% | 1.85% | 1.41% | 11.64% | 0.31% | 0.74% | 1.54% | 2.04% | 1.13% | 0.52% | 0.00% | 3.43% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Emerging Markets Discovery 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $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 | $0.30 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.86 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2013 | $0.42 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Emerging Markets Discovery 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 Markets Discovery Fund Class A was 43.35%, occurring on Mar 23, 2020. Recovery took 186 trading sessions.
The current Fidelity Advisor Emerging Markets Discovery Fund Class A drawdown is 3.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -43.35% | Jan 29, 2018 | 541 | Mar 23, 2020 | 186 | Dec 15, 2020 | 727 |
| -28.6% | Sep 8, 2014 | 346 | Jan 21, 2016 | 290 | Mar 16, 2017 | 636 |
| -27.68% | Sep 7, 2021 | 280 | Oct 14, 2022 | — | — | — |
| -13.05% | May 9, 2013 | 78 | Aug 28, 2013 | 190 | Jun 2, 2014 | 268 |
| -11.98% | Nov 9, 2011 | 12 | Nov 25, 2011 | 41 | Jan 26, 2012 | 53 |
Volatility
Volatility Chart
The current Fidelity Advisor Emerging Markets Discovery Fund Class A volatility is 3.38%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.