Fidelity Series Emerging Markets Opportunities Fund (FEMSX) 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 FEMSX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FEMSX
FEMSX charges 0.01% annually. No mutual funds in the Emerging Markets Equities category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | FEMSX vs FHKFX | |
| Vanguard Emerging Markets Index Fund Institutional... | 0.08% | 162.80B | Dec 2010 | FEMSX vs VEMRX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.10% | — | Jun 2000 | FEMSX vs VEMIX | |
| Vanguard Emerging Markets Stock Index Fund Admiral... | 0.13% | 162.80B | Jun 2006 | FEMSX vs VEMAX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | 0.23% | — | Jan 2019 | FEMSX vs FGKPX |
Best Risk-Adjusted Alternatives to FEMSX
FEMSX has a PortfoliosLab risk / return rank of 81. There are 11 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class A | 94 | — | Jun 1996 | FEMSX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 94 | — | Jun 1996 | FEMSX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 89 | — | Jul 2022 | FEMSX vs WXCIX | |
| Templeton Emerging Markets Fund | 86 | — | Feb 1987 | FEMSX vs EMF | |
| JPMorgan Emerging Markets Equity Fund Class R6 | 85 | — | Dec 2013 | FEMSX vs JEMWX |
Top Performing FEMSX Alternatives (YTD)
FEMSX is at 24.67% YTD. There are 8 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 88.53%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class A | 88.53% | — | Jun 1996 | FEMSX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 87.77% | — | Jun 1996 | FEMSX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 39.62% | — | Jul 2022 | FEMSX vs WXCIX | |
| Templeton Emerging Markets Fund | 33.51% | — | Feb 1987 | FEMSX vs EMF | |
| Calamos Evolving World Growth Fund Class I | 31.75% | — | — | FEMSX vs CNWIX |
Lowest Volatility Alternatives to FEMSX
FEMSX has 22.85% 1-year volatility. There are 28 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 11.39%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Emerging Markets Low Volatility Index... | 11.39% | — | Jan 2019 | FEMSX vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.45% | — | — | FEMSX vs GQGIX | |
| Seafarer Overseas Value Fund Institutional Class | 13.30% | — | May 2016 | FEMSX vs SIVLX | |
| Schwab Fundamental Emerging Markets Equity Index F... | 14.16% | — | Jan 2008 | FEMSX vs SFENX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | 14.63% | — | Nov 2011 | FEMSX vs FEDTX |
Lowest Drawdown Alternatives to FEMSX
FEMSX has a 1-year max drawdown of -13.42%. There are 27 mutual funds in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -6.93%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Emerging Markets Low Volatility Index... | -6.93% | — | Jan 2019 | FEMSX vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | -9.11% | — | — | FEMSX vs GQGIX | |
| Schwab Fundamental Emerging Markets Equity Index F... | -9.45% | — | Jan 2008 | FEMSX vs SFENX | |
| Fidelity Emerging Markets Discovery Fund | -9.54% | — | Nov 2011 | FEMSX vs FEDDX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | -9.55% | — | Oct 2018 | FEMSX vs FIQGX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 66 | 10.88% | — | Feb 1988 | FEMSX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 91 | 64.98% | — | Jul 1985 | FEMSX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 66 | 11.42% | — | — | FEMSX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 64 | 11.41% | — | — | FEMSX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 18 | 4.46% | — | — | FEMSX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 58 | 15.62% | — | Dec 1987 | FEMSX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 36 | 9.99% | 176.32B | May 1967 | FEMSX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 62 | 10.70% | — | — | FEMSX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 40 | 10.13% | — | Nov 1997 | FEMSX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 57 | 12.70% | — | Jun 2016 | FEMSX vs FTIHX |
Often Compared With FEMSX
Investors most often compare FEMSX with FDEM, FPADX, VWO. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare FEMSX with Any Fund or Stock
Compare FEMSX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FEMSX with funds that move differently
Fidelity Series Emerging Markets Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FEMSX.
Explore FEMSX Diversifiers