PortfoliosLab logo
Fidelity Emerging Markets Discovery Fund (FEDDX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US31618H5494

CUSIP

31618H549

Issuer

Fidelity

Inception Date

Nov 1, 2011

Min. Investment

$0

Asset Class

Equity

Asset Class Size

Mid-Cap

Asset Class Style

Blend

Expense Ratio

FEDDX has a high expense ratio of 1.19%, indicating above-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


Loading data...

S&P 500

Returns By Period

Fidelity Emerging Markets Discovery Fund (FEDDX) returned 11.75% year-to-date (YTD) and 3.66% over the past 12 months. Over the past 10 years, FEDDX returned 4.59% annually, underperforming the S&P 500 benchmark at 10.82%.


FEDDX

YTD

11.75%

1M

11.89%

6M

9.37%

1Y

3.66%

3Y*

8.76%

5Y*

9.85%

10Y*

4.59%

^GSPC (Benchmark)

YTD

1.00%

1M

12.45%

6M

0.40%

1Y

11.91%

3Y*

15.05%

5Y*

15.04%

10Y*

10.82%

*Annualized

Monthly Returns

The table below presents the monthly returns of FEDDX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.13%0.39%1.04%3.23%6.57%11.75%
2024-6.15%4.60%1.92%-0.24%0.00%1.95%0.30%0.72%4.38%-6.01%-3.32%-1.21%-3.68%
20237.70%-3.34%1.04%2.39%-1.60%6.45%4.40%-5.56%-0.84%-3.46%7.84%5.17%20.76%
2022-2.25%-1.85%-0.52%-5.42%1.80%-8.55%2.82%0.79%-9.38%2.61%10.63%-1.57%-11.83%
20211.37%1.82%0.40%4.65%3.84%1.95%-2.43%2.23%-4.05%-0.00%-3.90%-7.60%-2.44%
2020-3.32%-5.36%-22.05%11.05%5.06%10.55%5.33%2.50%-2.37%-0.07%10.84%8.91%16.96%
20197.60%1.29%1.50%0.74%-4.55%5.30%-0.36%-3.37%1.52%2.69%-0.22%6.61%19.60%
20186.90%-3.41%0.82%-2.31%-3.01%-5.21%-0.21%-5.02%-2.64%-8.68%4.71%-1.74%-18.95%
20176.22%4.37%3.95%2.13%2.08%0.87%3.69%2.79%0.07%2.44%-0.33%2.70%35.53%
2016-6.66%0.20%10.78%2.02%-2.70%3.79%5.61%2.19%1.82%-0.00%-5.11%-1.62%9.52%
2015-0.26%2.33%-0.34%7.09%-0.87%-3.26%-5.18%-7.03%-1.49%3.98%-2.19%-1.36%-8.99%
2014-7.65%2.32%2.96%0.51%4.80%2.57%-0.08%2.51%-4.28%-2.48%-1.23%-3.48%-4.20%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FEDDX is 32, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FEDDX is 3232
Overall Rank
The Sharpe Ratio Rank of FEDDX is 3333
Sharpe Ratio Rank
The Sortino Ratio Rank of FEDDX is 3333
Sortino Ratio Rank
The Omega Ratio Rank of FEDDX is 3030
Omega Ratio Rank
The Calmar Ratio Rank of FEDDX is 3535
Calmar Ratio Rank
The Martin Ratio Rank of FEDDX is 3030
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Emerging Markets Discovery Fund (FEDDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Fidelity Emerging Markets Discovery Fund Sharpe ratios as of May 21, 2025 (values are recalculated daily):

  • 1-Year: 0.24
  • 5-Year: 0.64
  • 10-Year: 0.28
  • All Time: 0.37

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Fidelity Emerging Markets Discovery Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Loading data...

Dividends

Dividend History

Fidelity Emerging Markets Discovery Fund provided a 3.57% dividend yield over the last twelve months, with an annual payout of $0.61 per share. The fund has been increasing its distributions for 2 consecutive years.


0.50%1.00%1.50%2.00%2.50%3.00%3.50%4.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.602015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM2024202320222021202020192018201720162015
Dividend$0.61$0.61$0.34$0.24$0.42$0.10$0.15$0.22$0.11$0.09$0.09

Dividend yield

3.57%3.99%2.05%1.69%2.59%0.59%1.05%1.82%0.74%0.80%0.81%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Emerging Markets Discovery Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$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$0.61$0.61
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.34$0.34
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.24$0.24
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.42$0.42
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.10$0.10
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.15$0.15
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.22$0.22
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.11$0.11
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.09$0.09
2015$0.09$0.09

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.


Loading data...

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Emerging Markets Discovery Fund. 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 Emerging Markets Discovery Fund was 42.98%, occurring on Mar 23, 2020. Recovery took 181 trading sessions.

The current Fidelity Emerging Markets Discovery Fund drawdown is 3.31%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-42.98%Jan 29, 2018541Mar 23, 2020181Dec 8, 2020722
-33.63%Sep 7, 2021280Oct 14, 2022
-28.38%Sep 8, 2014346Jan 21, 2016290Mar 16, 2017636
-12.96%May 9, 201378Aug 28, 2013184May 22, 2014262
-11.88%Nov 9, 201112Nov 25, 201141Jan 26, 201253

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading data...