Fidelity Emerging Markets (FEMKX) Alternatives

Fidelity Emerging Markets (FEMKX) 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 FEMKX. 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 FEMKX

FEMKX charges 0.88% annually. Among mutual funds in the Emerging Markets Equities category, these options have the lowest expense ratios among FEMKX alternatives.

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

Best Risk-Adjusted Alternatives to FEMKX

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

Top Performing FEMKX Alternatives (YTD)

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

Lowest Volatility Alternatives to FEMKX

FEMKX 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	FEMKX vs FGKPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	12.51%	—	FEMKX vs GQGIX
SIVLX	Seafarer Overseas Value Fund Institutional Class	12.58%	May 31, 2016	FEMKX vs SIVLX
FEDTX	Fidelity Advisor Emerging Markets Discovery Fund C...	14.32%	Nov 1, 2011	FEMKX vs FEDTX
FEDIX	Fidelity Advisor Emerging Markets Discovery Fund C...	14.33%	Nov 1, 2011	FEMKX vs FEDIX

Lowest Drawdown Alternatives to FEMKX

FEMKX 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	FEMKX vs FGKPX
GQGIX	GQG Partners Emerging Markets Equity Fund Institut...	-9.11%	—	FEMKX vs GQGIX
FEDDX	Fidelity Emerging Markets Discovery Fund	-9.94%	Nov 1, 2011	FEMKX vs FEDDX
FIQGX	Fidelity Advisor Emerging Markets Discovery Fund C...	-9.94%	Oct 2, 2018	FEMKX vs FIQGX
FEDTX	Fidelity Advisor Emerging Markets Discovery Fund C...	-9.94%	Nov 1, 2011	FEMKX 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	FEMKX vs FXAIX
FZROX	Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	46	-6.77%	—	FEMKX vs FZROX
FSPGX	Fidelity Large Cap Growth Index Fund	Large Cap Growth Equities	28	-13.03%	—	FEMKX vs FSPGX
FSELX	Fidelity Select Semiconductors Portfolio	Technology Equities	94	0.00%	Jul 29, 1985	FEMKX vs FSELX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	45	-6.77%	—	FEMKX vs FSKAX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	54	-11.15%	Dec 31, 1987	FEMKX vs FBGRX
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	45	-7.30%	—	FEMKX vs FNILX
FCNTX	Fidelity Contrafund Fund	Large Cap Growth Equities	44	-8.57%	May 17, 1967	FEMKX vs FCNTX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	64	-1.94%	Nov 5, 1997	FEMKX vs FSPSX
FTIHX	Fidelity Total International Index Fund	Foreign Large Cap Equities	79	-1.15%	Jun 7, 2016	FEMKX vs FTIHX

Often Compared With FEMKX

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
VWO	Vanguard FTSE Emerging Markets ETF	Emerging Markets Equities	74	0.54%	Mar 4, 2005	FEMKX vs VWO
FKEMX	Fidelity Emerging Markets K	Emerging Markets Equities	80	-2.42%	May 9, 2008	FEMKX vs FKEMX
FIMKX	Fidelity Advisor Focused Emerging Markets Fund Cla...	Emerging Markets Equities	85	0.92%	Mar 29, 2004	FEMKX vs FIMKX
DEM	WisdomTree Emerging Markets Equity Income Fund	Emerging Markets Equities	83	6.89%	Jul 13, 2007	FEMKX vs DEM
SNXFX	Schwab 1000 Index Fund	Large Cap Blend Equities	44	-6.94%	Apr 2, 1991	FEMKX vs SNXFX
PCY	Invesco Emerging Markets Sovereign Debt ETF	Emerging Markets Bonds	62	-2.08%	Oct 11, 2007	FEMKX vs PCY
VMMSX	Vanguard Emerging Markets Select Stock Fund	Emerging Markets Equities	83	0.57%	Jun 27, 2011	FEMKX vs VMMSX
FDIVX	Fidelity Diversified International Fund	Foreign Large Cap Equities	43	-3.68%	Dec 27, 1991	FEMKX vs FDIVX
FGOMX	Strategic Advisers Fidelity Emerging Markets Fund	Emerging Markets Diversified	88	1.70%	Oct 29, 2018	FEMKX vs FGOMX
DODEX	Dodge & Cox Emerging Markets Stock Fund	Emerging Markets Diversified	93	3.84%	May 10, 2021	FEMKX vs DODEX
DBEM	Xtrackers MSCI Emerging Markets Hedged Equity ETF	Emerging Markets Equities	90	7.18%	Jun 9, 2011	FEMKX vs DBEM
EMCR	Xtrackers Emerging Markets Carbon Reduction and Cl...	Emerging Markets Equities	79	1.10%	Dec 6, 2018	FEMKX vs EMCR
PRASX	T. Rowe Price New Asia Fund	Asia Pacific Equities	57	-2.85%	Sep 27, 1990	FEMKX vs PRASX
FNMIX	Fidelity New Markets Income Fund	Emerging Markets Bonds	90	-1.02%	—	FEMKX vs FNMIX
FMILX	Fidelity New Millennium Fund	Large Cap Value Equities	29	-6.28%	Dec 28, 1992	FEMKX vs FMILX
VAGVX	Vanguard Advice Select Global Value Fund	Foreign Large Cap Equities	51	-4.57%	Nov 9, 2021	FEMKX vs VAGVX
FTRNX	Fidelity Trend Fund	Large Cap Growth Equities	47	-10.31%	Jun 16, 1958	FEMKX vs FTRNX
FEMVX	Fidelity SAI Emerging Markets Value Index Fund	Emerging Markets Diversified	90	3.44%	May 11, 2020	FEMKX vs FEMVX
VEMBX	Vanguard Emerging Markets Bond Fund Investor Share...	Emerging Markets Bonds	90	-1.87%	Mar 10, 2016	FEMKX vs VEMBX
FCPVX	Fidelity Small Cap Value Fund	Small Cap Value Equities	28	-0.85%	Nov 3, 2004	FEMKX vs FCPVX

Compare FEMKX with Any Fund or Stock

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

Symbol name

Fidelity Emerging Markets

Symbol name