Fidelity Series Emerging Markets Debt Fund (FEDCX) belongs to the Emerging Markets Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FEDCX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FEDCX
FEDCX charges 0.00% annually. No mutual funds in the Emerging Markets Bonds category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.09%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Emerging Markets Local Bond Fund | 0.09% | — | Nov 2011 | FEDCX vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | — | Aug 2012 | FEDCX vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.40% | — | Dec 2017 | FEDCX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | — | Dec 2005 | FEDCX vs SEDAX | |
| GMO Emerging Country Debt Fund Class VI | 0.51% | — | Apr 1994 | FEDCX vs GMOQX |
Best Risk-Adjusted Alternatives to FEDCX
FEDCX has a PortfoliosLab risk / return rank of 93. There are 16 mutual funds in the Emerging Markets Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Developing World Income Fund Class... | 98 | — | Feb 2014 | FEDCX vs AGEYX | |
| American Beacon Frontier Markets Income Fund | 98 | — | Feb 2014 | FEDCX vs AGEPX | |
| GMO Emerging Country Debt Fund | 98 | — | Apr 1994 | FEDCX vs GMCDX | |
| GMO Emerging Country Debt Fund Class VI | 98 | — | Apr 1994 | FEDCX vs GMOQX | |
| Franklin Emerging Market Debt Opportunities Fund | 98 | — | May 2006 | FEDCX vs FEMDX |
Top Performing FEDCX Alternatives (YTD)
FEDCX is at 4.03% YTD. There are 19 mutual funds in the Emerging Markets Bonds category with higher YTD returns, going as high as 19.05%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Stone Harbor Emerging Markets Income Fund | 19.05% | — | Dec 2010 | FEDCX vs EDF | |
| Morgan Stanley Emerging Markets Domestic Fund | 10.03% | — | Apr 2007 | FEDCX vs EDD | |
| GMO Emerging Country Debt Fund Class VI | 9.31% | — | Apr 1994 | FEDCX vs GMOQX | |
| GMO Emerging Country Debt Fund | 9.28% | — | Apr 1994 | FEDCX vs GMCDX | |
| Franklin Emerging Market Debt Opportunities Fund | 8.00% | — | May 2006 | FEDCX vs FEMDX |
Lowest Volatility Alternatives to FEDCX
FEDCX has 4.68% 1-year volatility. There are 33 mutual funds in the Emerging Markets Bonds category with lower 1-year volatility, going as low as 1.16%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 1.16% | — | Apr 2014 | FEDCX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 1.94% | — | Apr 2010 | FEDCX vs DLENX | |
| Payden Emerging Markets Corporate Bond Fund | 2.03% | — | Nov 2013 | FEDCX vs PYCEX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | 2.05% | — | May 2011 | FEDCX vs SHCDX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.09% | — | Apr 2010 | FEDCX vs DBLEX |
Lowest Drawdown Alternatives to FEDCX
FEDCX has a 1-year max drawdown of -4.07%. There are 31 mutual funds in the Emerging Markets Bonds category with shallower 1-year drawdowns, going as shallow as -0.92%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | -0.92% | — | Apr 2014 | FEDCX vs DBLLX | |
| DoubleLine Emerging Markets Fixed Income Fund | -1.81% | — | Apr 2010 | FEDCX vs DBLEX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -1.83% | — | Apr 2010 | FEDCX vs DLENX | |
| Virtus Stone Harbor Emerg Mkts Corp Dbt | -1.90% | — | May 2011 | FEDCX vs SHCDX | |
| Payden Emerging Markets Corporate Bond Fund | -2.37% | — | Nov 2013 | FEDCX vs PYCEX |
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 | 55 | 8.11% | — | Feb 1988 | FEDCX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 94 | 74.97% | — | Jul 1985 | FEDCX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 56 | 8.84% | — | — | FEDCX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 55 | 8.88% | — | — | FEDCX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 16 | 1.40% | — | — | FEDCX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 58 | 13.72% | — | Dec 1987 | FEDCX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 31 | 7.31% | 176.32B | May 1967 | FEDCX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 51 | 7.91% | — | — | FEDCX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 32 | 8.29% | — | Nov 1997 | FEDCX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 52 | 12.53% | — | Jun 2016 | FEDCX vs FTIHX |
Often Compared With FEDCX
Investors most often compare FEDCX with VGAVX, VWOB, FBIIX. These 18 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FEDCX with Any Fund or Stock
Compare FEDCX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FEDCX with funds that move differently
Fidelity Series Emerging Markets Debt Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FEDCX.
Explore FEDCX Diversifiers