- ISIN
- US3159107784
- CUSIP
- 315910778
- Issuer
- Fidelity
- Inception Date
- Nov 1, 1995
- Category
- China Equities
- 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
FHKCX Performance Chart
Fidelity China Region Fund (FHKCX) is up 38.7% since the beginning of the year. FHKCX is currently trading at $76 per share. Investors who bought $1,000 worth of FHKCX shares 5 years ago would now be looking at an investment worth $1,556.
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Returns By Period
Fidelity China Region Fund (FHKCX) has returned 38.67% so far this year and 79.89% over the past 12 months. Looking at the last ten years, FHKCX has achieved an annualized return of 15.49%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
Fidelity China Region Fund
- 1D
- 2.72%
- 1M
- 4.39%
- YTD
- 38.67%
- 6M
- 40.17%
- 1Y
- 79.89%
- 3Y*
- 31.42%
- 5Y*
- 9.24%
- 10Y*
- 15.49%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FHKCX Monthly Returns History
Based on dividend-adjusted daily data since Mar 29, 1996, FHKCX's average daily return is +0.05%, while the average monthly return is +1.05%. At this rate, an investment would double in approximately 5.5 years.
Historically, 60% of months were positive and 40% were negative. The best month was Nov 2022 with a return of +30.1%, while the worst month was Oct 1997 at -31.5%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 7 months.
On a daily basis, FHKCX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +14.3%, while the worst single day was Sep 17, 2001 at -10.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 10.83% | 4.65% | -6.58% | 18.92% | 4.64% | 2.85% | 38.67% | ||||||
| 2025 | 1.85% | 3.96% | -1.24% | -4.18% | 5.34% | 7.92% | 4.67% | 5.41% | 12.60% | 2.09% | -3.95% | 2.73% | 42.56% |
| 2024 | -5.53% | 7.18% | 3.24% | 2.81% | 4.33% | 3.68% | -2.15% | 0.82% | 12.80% | -1.86% | -3.84% | 0.87% | 23.15% |
| 2023 | 13.60% | -8.91% | 3.63% | -4.65% | -4.66% | 3.95% | 5.88% | -6.84% | -3.67% | -1.21% | 5.08% | -0.26% | -0.29% |
| 2022 | -1.20% | -6.57% | -8.38% | -6.56% | 2.65% | 2.24% | -5.89% | -0.80% | -13.59% | -13.01% | 30.14% | 0.50% | -23.87% |
| 2021 | 6.77% | 3.06% | -3.93% | 0.25% | -2.00% | 1.06% | -10.10% | -0.95% | -5.27% | 3.55% | -4.64% | -1.27% | -13.69% |
Benchmark Metrics
Fidelity China Region Fund has an annualized alpha of 5.48%, beta of 0.72, and R2 of 0.34 versus S&P 500 Index. Calculated based on daily prices since March 29, 1996.
- This fund captured 103.15% of S&P 500 Index gains but only 95.47% of its losses - a favorable profile for investors.
- R2 of 0.34 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 5.48%
- Beta
- 0.72
- R²
- 0.34
- Upside Capture
- 103.15%
- Downside Capture
- 95.47%
Expense Ratio
FHKCX has an expense ratio of 0.91%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FHKCX ranks 94 for risk / return — in the top 94% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity China Region Fund (FHKCX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FHKCX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.40 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.37 | +0.21 |
| Calmar ratioReturn relative to maximum drawdown | 7.26 | 2.78 | +4.48 |
| Martin ratioReturn relative to average drawdown | 21.66 | 12.44 | +9.22 |
Dividends
Dividend History
Fidelity China Region Fund provided a 1.26% dividend yield over the last twelve months, with an annual payout of $0.95 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.95 | $0.95 | $0.54 | $0.62 | $0.34 | $4.68 | $2.70 | $0.26 | $0.25 | $0.14 | $0.32 | $3.93 |
Dividend yield | 1.26% | 1.75% | 1.39% | 1.92% | 1.05% | 10.77% | 4.85% | 0.66% | 0.83% | 0.39% | 1.35% | 15.47% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity China Region Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $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 | $0.95 | $0.95 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.54 | $0.54 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.62 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.68 | $4.68 |
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 China Region 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 China Region Fund was 61.96%, occurring on Oct 27, 2008. Recovery took 1225 trading sessions.
The current Fidelity China Region Fund drawdown is 0.88%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -61.96%Oct 2008 | 12mo 3d | 4y 10mo | 5y 10moOct 2007 - Sep 2013 |
Bear market2022 | -58.41%Oct 2022 | 1y 8mo | 3y 2mo | 4y 10moFeb 2021 - Jan 2026 |
1998 bear market1998 | -56.64%Aug 1998 | 1y 23d | 1y 3mo | 2y 3moAug 1997 - Dec 1999 |
Dot-com crash2000–2002 | -49.78%Sep 2001 | 1y 6mo | 3y 10mo | 5y 4moMar 2000 - Jul 2005 |
2016 bear market2016 | -41.03%Feb 2016 | 8mo 19d | 1y 8mo | 2y 4moMay 2015 - Oct 2017 |
Drawdown Indicators
| FHKCX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.96% | -56.78% | -5.18% |
Max Drawdown (1Y)Largest decline over 1 year | -10.80% | -9.10% | -1.70% |
Max Drawdown (3Y)Largest decline over 3 years | -22.02% | -18.90% | -3.12% |
Max Drawdown (5Y)Largest decline over 5 years | -52.42% | -25.43% | -26.99% |
Max Drawdown (10Y)Largest decline over 10 years | -58.41% | -33.92% | -24.49% |
Current DrawdownCurrent decline from peak | -0.88% | -1.80% | +0.92% |
Average DrawdownAverage peak-to-trough decline | -20.23% | -10.71% | -9.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.61% | 2.03% | +1.58% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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