Fidelity Emerging Markets Discovery Fund (FEDDX) Alternatives

Fidelity Emerging Markets Discovery Fund (FEDDX) 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 FEDDX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to FEDDX

FEDDX charges 1.19% annually. Among mutual funds in the Emerging Markets Equities category, these options have the lowest expense ratios among FEDDX alternatives.

Symbol	Name	Expense Ratio	Inception
FEMSX	Fidelity Series Emerging Markets Opportunities Fun...	0.01%	Dec 9, 2008	FEDDX vs FEMSX
FHKFX	Fidelity Series Emerging Markets Fund	0.01%	Aug 29, 2018	FEDDX vs FHKFX
VEMRX	Vanguard Emerging Markets Index Fund Institutional...	0.08%	Dec 15, 2010	FEDDX vs VEMRX
VEMIX	Vanguard Emerging Markets Stock Index Fund Institu...	0.10%	Jun 22, 2000	FEDDX vs VEMIX
VEMAX	Vanguard Emerging Markets Stock Index Fund Admiral...	0.14%	Jun 23, 2006	FEDDX vs VEMAX

Best Risk-Adjusted Alternatives to FEDDX

Among mutual funds in the Emerging Markets Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
DEMAX	Nomura Emerging Markets Fund Class A	97	Jun 10, 1996	FEDDX vs DEMAX
FEDIX	Fidelity Advisor Emerging Markets Discovery Fund C...	94	Nov 1, 2011	FEDDX vs FEDIX
FIQGX	Fidelity Advisor Emerging Markets Discovery Fund C...	94	Oct 2, 2018	FEDDX vs FIQGX
FEDAX	Fidelity Advisor Emerging Markets Discovery Fund C...	94	Nov 1, 2011	FEDDX vs FEDAX
FEDTX	Fidelity Advisor Emerging Markets Discovery Fund C...	94	Nov 1, 2011	FEDDX vs FEDTX

Top Performing FEDDX Alternatives (YTD)

FEDDX alternatives from the Emerging Markets Equities category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
DEMAX	Nomura Emerging Markets Fund Class A	13.26%	Jun 10, 1996	FEDDX vs DEMAX
PEAFX	PIMCO RAE Emerging Markets Fund Class A	6.52%	Jun 5, 2015	FEDDX vs PEAFX
CNWIX	Calamos Evolving World Growth Fund Class I	4.79%	—	FEDDX vs CNWIX
PZIEX	Pzena Emerging Markets Value Fund Institutional Cl...	4.56%	Mar 31, 2014	FEDDX vs PZIEX
FIQGX	Fidelity Advisor Emerging Markets Discovery Fund C...	4.17%	Oct 2, 2018	FEDDX vs FIQGX

Lowest Volatility Alternatives to FEDDX

FEDDX alternatives from the Emerging Markets Equities category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	9.86%	Jan 30, 2019	FEDDX vs FGKPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	12.51%	—	FEDDX vs GQGIX
SIVLX	Seafarer Overseas Value Fund Institutional Class	12.58%	May 31, 2016	FEDDX vs SIVLX
FEDTX	Fidelity Advisor Emerging Markets Discovery Fund C...	14.32%	Nov 1, 2011	FEDDX vs FEDTX
FEDIX	Fidelity Advisor Emerging Markets Discovery Fund C...	14.33%	Nov 1, 2011	FEDDX vs FEDIX

Lowest Drawdown Alternatives to FEDDX

FEDDX alternatives from the Emerging Markets Equities category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
FGKPX	Fidelity SAI Emerging Markets Low Volatility Index...	-7.14%	Jan 30, 2019	FEDDX vs FGKPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	-9.11%	—	FEDDX vs GQGIX
FIQGX	Fidelity Advisor Emerging Markets Discovery Fund C...	-9.94%	Oct 2, 2018	FEDDX vs FIQGX
FEDTX	Fidelity Advisor Emerging Markets Discovery Fund C...	-9.94%	Nov 1, 2011	FEDDX vs FEDTX
FEDAX	Fidelity Advisor Emerging Markets Discovery Fund C...	-9.95%	Nov 1, 2011	FEDDX vs FEDAX

Other Mutual Funds from Fidelity

Most popular Fidelity mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
FXAIX	Fidelity 500 Index Fund	S&P 500	46	-7.05%	Feb 17, 1988	FEDDX vs FXAIX
FZROX	Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	46	-6.77%	—	FEDDX vs FZROX
FSPGX	Fidelity Large Cap Growth Index Fund	Large Cap Growth Equities	28	-13.03%	—	FEDDX vs FSPGX
FSELX	Fidelity Select Semiconductors Portfolio	Technology Equities	94	0.00%	Jul 29, 1985	FEDDX vs FSELX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	45	-6.77%	—	FEDDX vs FSKAX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	54	-11.15%	Dec 31, 1987	FEDDX vs FBGRX
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	45	-7.30%	—	FEDDX vs FNILX
FCNTX	Fidelity Contrafund Fund	Large Cap Growth Equities	44	-8.57%	May 17, 1967	FEDDX vs FCNTX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	64	-1.94%	Nov 5, 1997	FEDDX vs FSPSX
FTIHX	Fidelity Total International Index Fund	Foreign Large Cap Equities	79	-1.15%	Jun 7, 2016	FEDDX vs FTIHX

Often Compared With FEDDX

What investors most often compare with FEDDX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
FEMKX	Fidelity Emerging Markets	Emerging Markets Equities	80	-2.45%	Nov 1, 1990	FEDDX vs FEMKX
FITLX	Fidelity US Sustainability Index Fund	Large Cap Blend Equities	51	-8.73%	May 9, 2017	FEDDX vs FITLX
HAWX	iShares Currency Hedged MSCI ACWI ex U.S. ETF	Foreign Large Cap Equities	85	3.57%	Jun 29, 2015	FEDDX vs HAWX
GQGPX	GQG Partners Emerging Markets Equity Fund	Emerging Markets Diversified	37	0.45%	Dec 27, 2016	FEDDX vs GQGPX
FCPVX	Fidelity Small Cap Value Fund	Small Cap Value Equities	28	-0.85%	Nov 3, 2004	FEDDX vs FCPVX
EEM	iShares MSCI Emerging Markets ETF	Emerging Markets Diversified	86	3.80%	Apr 11, 2003	FEDDX vs EEM
ECOW	Pacer Emerging Markets Cash Cows 100 ETF	Emerging Markets Equities	93	9.29%	May 2, 2019	FEDDX vs ECOW
MSMLX	Matthews Emerging Markets Small Companies Fund	Emerging Markets Diversified	33	-0.43%	Sep 14, 2008	FEDDX vs MSMLX
FSMDX	Fidelity Mid Cap Index Fund	Mid Cap Blend Equities	34	-1.30%	Sep 8, 2011	FEDDX vs FSMDX
FIVFX	Fidelity International Capital Appreciation Fund	Foreign Large Cap Equities	—	—	Nov 1, 1994	FEDDX vs FIVFX
DEMGX	DFA Emerging Markets Targeted Value Portfolio	Emerging Markets Diversified	81	1.08%	Nov 13, 2018	FEDDX vs DEMGX
FPBFX	Fidelity Pacific Basin Fund	Asia Pacific Equities	82	0.75%	Oct 1, 1986	FEDDX vs FPBFX
AFK	VanEck Vectors Africa Index ETF	Foreign Large Cap Equities	87	-3.74%	Jul 10, 2008	FEDDX vs AFK
PRMSX	T. Rowe Price Emerging Markets Stock Fund	Emerging Markets Diversified	80	-0.54%	Mar 30, 1995	FEDDX vs PRMSX
JEMWX	JPMorgan Emerging Markets Equity Fund Class R6	Emerging Markets Equities	89	1.00%	Dec 23, 2013	FEDDX vs JEMWX
KF	The Korea Fund Inc	Emerging Markets Equities	98	23.62%	Aug 29, 1984	FEDDX vs KF
VWO	Vanguard FTSE Emerging Markets ETF	Emerging Markets Equities	74	0.54%	Mar 4, 2005	FEDDX vs VWO
FIMKX	Fidelity Advisor Focused Emerging Markets Fund Cla...	Emerging Markets Equities	85	0.92%	Mar 29, 2004	FEDDX vs FIMKX
FPADX	Fidelity Emerging Markets Index Fund	Emerging Markets Diversified	83	0.22%	Sep 8, 2011	FEDDX vs FPADX
AVEM	Avantis Emerging Markets Equity ETF	Foreign Large Cap Equities	90	4.70%	Sep 17, 2019	FEDDX vs AVEM

Compare FEDDX with Any Fund or Stock

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

Symbol name

Fidelity Emerging Markets Discovery Fund

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