Fidelity Series Emerging Markets Fund (FHKFX) 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 FHKFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FHKFX
FHKFX 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 Opportunities Fun... | 0.01% | — | Dec 2008 | FHKFX vs FEMSX | |
| Vanguard Emerging Markets Index Fund Institutional... | 0.08% | 162.80B | Dec 2010 | FHKFX vs VEMRX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.10% | — | Jun 2000 | FHKFX vs VEMIX | |
| Vanguard Emerging Markets Stock Index Fund Admiral... | 0.13% | 162.80B | Jun 2006 | FHKFX vs VEMAX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | 0.23% | — | Jan 2019 | FHKFX vs FGKPX |
Best Risk-Adjusted Alternatives to FHKFX
FHKFX has a PortfoliosLab risk / return rank of 90. There are 13 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class A | 98 | — | Jun 1996 | FHKFX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 98 | — | Jun 1996 | FHKFX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 96 | — | Jul 2022 | FHKFX vs WXCIX | |
| JPMorgan Emerging Markets Equity Fund Class R6 | 92 | — | Dec 2013 | FHKFX vs JEMWX | |
| JPMorgan Emerging Markets Equity Fund Class I | 92 | — | — | FHKFX vs JEMSX |
Top Performing FHKFX Alternatives (YTD)
FHKFX is at 34.07% YTD. There are 8 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 144.86%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class A | 144.86% | — | Jun 1996 | FHKFX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 143.99% | — | Jun 1996 | FHKFX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 59.62% | — | Jul 2022 | FHKFX vs WXCIX | |
| Calamos Evolving World Growth Fund Class I | 51.83% | — | — | FHKFX vs CNWIX | |
| Templeton Emerging Markets Fund | 38.50% | — | Feb 1987 | FHKFX vs EMF |
Lowest Volatility Alternatives to FHKFX
FHKFX has 21.21% 1-year volatility. There are 26 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 10.75%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Emerging Markets Low Volatility Index... | 10.75% | — | Jan 2019 | FHKFX vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.55% | — | — | FHKFX vs GQGIX | |
| Seafarer Overseas Value Fund Institutional Class | 12.92% | — | May 2016 | FHKFX vs SIVLX | |
| Schwab Fundamental Emerging Markets Equity Index F... | 13.82% | — | Jan 2008 | FHKFX vs SFENX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | 14.11% | — | Nov 2011 | FHKFX vs FEDTX |
Lowest Drawdown Alternatives to FHKFX
FHKFX has a 1-year max drawdown of -12.54%. There are 18 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 | FHKFX vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | -9.11% | — | — | FHKFX vs GQGIX | |
| Schwab Fundamental Emerging Markets Equity Index F... | -9.45% | — | Jan 2008 | FHKFX vs SFENX | |
| Fidelity Emerging Markets Discovery Fund | -9.54% | — | Nov 2011 | FHKFX vs FEDDX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | -9.55% | — | Oct 2018 | FHKFX 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 | 65 | 9.79% | — | Feb 1988 | FHKFX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 96 | 89.12% | — | Jul 1985 | FHKFX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 65 | 10.41% | — | — | FHKFX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 64 | 10.43% | — | — | FHKFX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 21 | 3.18% | — | — | FHKFX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 68 | 16.84% | — | Dec 1987 | FHKFX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 37 | 8.62% | 176.32B | May 1967 | FHKFX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 62 | 9.63% | — | — | FHKFX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 39 | 10.74% | — | Nov 1997 | FHKFX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 66 | 15.70% | — | Jun 2016 | FHKFX vs FTIHX |
Often Compared With FHKFX
Investors most often compare FHKFX with FHKTX, VOO, PEAFX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare FHKFX with Any Fund or Stock
Compare FHKFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FHKFX with funds that move differently
Fidelity Series Emerging Markets Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FHKFX.
Explore FHKFX Diversifiers