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Fidelity Series Emerging Markets Opportunities Fun...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US3159101258
CUSIP
315910125
Issuer
Fidelity
Inception Date
Dec 9, 2008
Min. Investment
$0
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Series Emerging Markets Opportunities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Fidelity Series Emerging Markets Opportunities Fund (FEMSX) has returned 1.83% so far this year and 34.77% over the past 12 months. Over the last ten years, FEMSX has returned 10.49% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Fidelity Series Emerging Markets Opportunities Fund

1D
-0.87%
1M
-12.51%
YTD
1.83%
6M
7.74%
1Y
34.77%
3Y*
17.94%
5Y*
3.95%
10Y*
10.49%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Dec 10, 2008, FEMSX's average daily return is +0.04%, while the average monthly return is +0.92%. At this rate, your investment would double in approximately 6.3 years.

Historically, 58% of months were positive and 42% were negative. The best month was May 2009 with a return of +19.9%, while the worst month was Mar 2020 at -17.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FEMSX closed higher 53% of trading days. The best single day was Mar 16, 2022 with a return of +8.0%, while the worst single day was Mar 16, 2020 at -10.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20269.53%6.26%-12.51%1.83%
20251.86%0.96%1.33%0.10%4.76%6.99%1.17%2.35%7.66%4.27%-2.13%3.68%37.92%
2024-4.10%4.63%2.59%0.11%1.96%3.29%-0.21%0.32%6.59%-3.44%-2.58%-1.01%7.84%
202310.31%-7.43%3.26%0.06%-2.00%4.95%6.43%-6.37%-3.08%-3.24%8.08%4.22%14.23%
2022-1.71%-7.55%-3.66%-6.36%1.33%-6.30%-0.00%-0.12%-11.14%-2.41%16.23%-2.94%-23.95%
20213.08%1.17%-1.42%1.29%1.92%1.40%-7.00%1.92%-4.40%1.44%-4.46%0.37%-5.14%

Benchmark Metrics

Fidelity Series Emerging Markets Opportunities Fund has an annualized alpha of 0.14%, beta of 0.85, and R² of 0.61 versus S&P 500 Index. Calculated based on daily prices since December 11, 2008.

  • This fund participated in 95.53% of S&P 500 Index downside but only 86.68% of its upside — more exposed to losses than it benefited from rallies.

Alpha
0.14%
Beta
0.85
0.61
Upside Capture
86.68%
Downside Capture
95.53%

Expense Ratio

FEMSX has an expense ratio of 0.01%, which is considered low.


Return for Risk

Risk / Return Rank

FEMSX ranks 87 for risk / return — in the top 87% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


FEMSX Risk / Return Rank: 8787
Overall Rank
FEMSX Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
FEMSX Sortino Ratio Rank: 8787
Sortino Ratio Rank
FEMSX Omega Ratio Rank: 8585
Omega Ratio Rank
FEMSX Calmar Ratio Rank: 8888
Calmar Ratio Rank
FEMSX Martin Ratio Rank: 8888
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Series Emerging Markets Opportunities Fund (FEMSX) and compare them to a chosen benchmark (S&P 500 Index).


FEMSXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.82

0.90

+0.92

Sortino ratio

Return per unit of downside risk

2.37

1.39

+0.99

Omega ratio

Gain probability vs. loss probability

1.35

1.21

+0.14

Calmar ratio

Return relative to maximum drawdown

2.35

1.40

+0.95

Martin ratio

Return relative to average drawdown

9.45

6.61

+2.84

Explore FEMSX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Fidelity Series Emerging Markets Opportunities Fund provided a 2.40% dividend yield over the last twelve months, with an annual payout of $0.60 per share.


2.00%4.00%6.00%8.00%10.00%12.00%$0.00$0.50$1.00$1.50$2.00$2.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.60$0.60$0.38$0.49$0.37$2.70$0.75$0.51$1.55$1.92$0.23$0.18

Dividend yield

2.40%2.45%2.08%2.82%2.39%12.83%2.99%2.48%9.42%8.98%1.46%1.27%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.60$0.60
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.38$0.38
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.49$0.49
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.37$0.37
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.70$2.70

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Series Emerging Markets Opportunities 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 Series Emerging Markets Opportunities Fund was 44.16%, occurring on Oct 24, 2022. Recovery took 724 trading sessions.

The current Fidelity Series Emerging Markets Opportunities Fund drawdown is 13.42%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-44.16%Feb 17, 2021426Oct 24, 2022724Sep 15, 20251150
-34.63%Jan 21, 202044Mar 23, 2020108Aug 25, 2020152
-33.3%Sep 5, 2014346Jan 20, 2016329May 10, 2017675
-30.98%Apr 11, 2011122Oct 3, 2011674Jun 10, 2014796
-27.17%Jan 29, 2018191Oct 29, 2018301Jan 10, 2020492

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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