Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) Alternatives

Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) 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 FEDIX. 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 FEDIX

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

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

Best Risk-Adjusted Alternatives to FEDIX

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	FEDIX vs DEMAX
FEDDX	Fidelity Emerging Markets Discovery Fund	94	Nov 1, 2011	FEDIX vs FEDDX
FIQGX	Fidelity Advisor Emerging Markets Discovery Fund C...	94	Oct 2, 2018	FEDIX vs FIQGX
FEDAX	Fidelity Advisor Emerging Markets Discovery Fund C...	94	Nov 1, 2011	FEDIX vs FEDAX
FEDTX	Fidelity Advisor Emerging Markets Discovery Fund C...	94	Nov 1, 2011	FEDIX vs FEDTX

Top Performing FEDIX Alternatives (YTD)

FEDIX 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	FEDIX vs DEMAX
PEAFX	PIMCO RAE Emerging Markets Fund Class A	6.52%	Jun 5, 2015	FEDIX vs PEAFX
CNWIX	Calamos Evolving World Growth Fund Class I	4.79%	—	FEDIX vs CNWIX
PZIEX	Pzena Emerging Markets Value Fund Institutional Cl...	4.56%	Mar 31, 2014	FEDIX vs PZIEX
FEDDX	Fidelity Emerging Markets Discovery Fund	4.17%	Nov 1, 2011	FEDIX vs FEDDX

Lowest Volatility Alternatives to FEDIX

FEDIX 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	FEDIX vs FGKPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	12.51%	—	FEDIX vs GQGIX
SIVLX	Seafarer Overseas Value Fund Institutional Class	12.58%	May 31, 2016	FEDIX vs SIVLX
FEDTX	Fidelity Advisor Emerging Markets Discovery Fund C...	14.32%	Nov 1, 2011	FEDIX vs FEDTX
FEDDX	Fidelity Emerging Markets Discovery Fund	14.37%	Nov 1, 2011	FEDIX vs FEDDX

Lowest Drawdown Alternatives to FEDIX

FEDIX 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	FEDIX vs FGKPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	-9.11%	—	FEDIX vs GQGIX
FEDDX	Fidelity Emerging Markets Discovery Fund	-9.94%	Nov 1, 2011	FEDIX vs FEDDX
FIQGX	Fidelity Advisor Emerging Markets Discovery Fund C...	-9.94%	Oct 2, 2018	FEDIX vs FIQGX
FEDTX	Fidelity Advisor Emerging Markets Discovery Fund C...	-9.94%	Nov 1, 2011	FEDIX vs FEDTX

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	FEDIX vs FXAIX
FZROX	Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	46	-6.77%	—	FEDIX vs FZROX
FSPGX	Fidelity Large Cap Growth Index Fund	Large Cap Growth Equities	28	-13.03%	—	FEDIX vs FSPGX
FSELX	Fidelity Select Semiconductors Portfolio	Technology Equities	94	0.00%	Jul 29, 1985	FEDIX vs FSELX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	45	-6.77%	—	FEDIX vs FSKAX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	54	-11.15%	Dec 31, 1987	FEDIX vs FBGRX
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	45	-7.30%	—	FEDIX vs FNILX
FCNTX	Fidelity Contrafund Fund	Large Cap Growth Equities	44	-8.57%	May 17, 1967	FEDIX vs FCNTX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	64	-1.94%	Nov 5, 1997	FEDIX vs FSPSX
FTIHX	Fidelity Total International Index Fund	Foreign Large Cap Equities	79	-1.15%	Jun 7, 2016	FEDIX vs FTIHX

Often Compared With FEDIX

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
IEMG	iShares Core MSCI Emerging Markets ETF	Emerging Markets Diversified	86	3.76%	Oct 18, 2012	FEDIX vs IEMG
EEM	iShares MSCI Emerging Markets ETF	Emerging Markets Diversified	86	3.80%	Apr 11, 2003	FEDIX vs EEM
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	65	-4.01%	Jun 27, 2016	FEDIX vs VTI
VWO	Vanguard FTSE Emerging Markets ETF	Emerging Markets Equities	74	0.54%	Mar 4, 2005	FEDIX vs VWO
PBDC	Putnam BDC Income ETF	Financials Equities	3	-9.87%	Sep 29, 2022	FEDIX vs PBDC
KF	The Korea Fund Inc	Emerging Markets Equities	98	23.62%	Aug 29, 1984	FEDIX vs KF
EAD	Emerging Markets Dividend Fund	Emerging Markets Equities	12	-2.13%	Jan 1, 2013	FEDIX vs EAD
FAMKX	Fidelity Advisor Focused Emerging Markets Fund Cla...	Emerging Markets Equities	85	0.85%	Mar 29, 2004	FEDIX vs FAMKX
FEMKX	Fidelity Emerging Markets	Emerging Markets Equities	80	-2.45%	Nov 1, 1990	FEDIX vs FEMKX
ODVIX	Invesco Developing Markets Fund Class R6	Emerging Markets Equities	78	0.09%	Dec 29, 2011	FEDIX vs ODVIX
FIMKX	Fidelity Advisor Focused Emerging Markets Fund Cla...	Emerging Markets Equities	85	0.92%	Mar 29, 2004	FEDIX vs FIMKX
JEMWX	JPMorgan Emerging Markets Equity Fund Class R6	Emerging Markets Equities	89	1.00%	Dec 23, 2013	FEDIX vs JEMWX
EMF	Templeton Emerging Markets Fund	Emerging Markets Equities	92	3.98%	Feb 27, 1987	FEDIX vs EMF
FEDGX	Fidelity Advisor Emerging Markets Discovery Fund C...	Emerging Markets Equities	94	3.88%	Nov 1, 2011	FEDIX vs FEDGX
VEIEX	Vanguard Emerging Markets Stock Index Fund Investo...	Emerging Markets Equities	65	-2.56%	May 4, 1994	FEDIX vs VEIEX
FKEMX	Fidelity Emerging Markets K	Emerging Markets Equities	80	-2.42%	May 9, 2008	FEDIX vs FKEMX
VMMSX	Vanguard Emerging Markets Select Stock Fund	Emerging Markets Equities	83	0.57%	Jun 27, 2011	FEDIX vs VMMSX
SEMNX	Hartford Schroders Emerging Markets Equity Fund Cl...	Emerging Markets Equities	89	0.83%	—	FEDIX vs SEMNX
NFFFX	American Funds New World Fund	Emerging Markets Equities	70	-4.01%	Jun 17, 1999	FEDIX vs NFFFX
IFN	The India Fund	Emerging Markets Equities	1	-14.65%	Feb 25, 1994	FEDIX vs IFN

Compare FEDIX with Any Fund or Stock

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

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Fidelity Advisor Emerging Markets Discovery Fund Class I

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