- ISIN
- US3159202494
- Issuer
- Fidelity
- Inception Date
- Mar 29, 2004
- Category
- Emerging Markets 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
FIMKX Performance Chart
Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) is up 31.5% since the beginning of the year. FIMKX is currently trading at $56 per share. Investors who bought $1,000 worth of FIMKX shares 5 years ago would now be looking at an investment worth $1,600.
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Returns By Period
Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) has returned 31.48% so far this year and 64.75% over the past 12 months. Over the last ten years, FIMKX has returned 13.12% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Fidelity Advisor Focused Emerging Markets Fund Class I
- 1D
- 2.42%
- 1M
- 6.44%
- YTD
- 31.48%
- 6M
- 33.21%
- 1Y
- 64.75%
- 3Y*
- 26.26%
- 5Y*
- 9.86%
- 10Y*
- 13.12%
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%
FIMKX Monthly Returns History
Based on dividend-adjusted daily data since Mar 30, 2004, FIMKX's average daily return is +0.05%, while the average monthly return is +0.97%. At this rate, an investment would double in approximately 6.0 years.
Historically, 59% of months were positive and 41% were negative. The best month was May 2009 with a return of +20.0%, while the worst month was Oct 2008 at -30.9%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FIMKX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +15.0%, while the worst single day was Oct 15, 2008 at -12.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 10.61% | 5.04% | -10.15% | 12.01% | 9.58% | 2.61% | 31.48% | ||||||
| 2025 | 1.65% | 1.28% | 2.99% | -1.56% | 4.23% | 5.81% | 4.23% | 3.30% | 7.01% | 3.40% | -1.14% | 3.30% | 40.06% |
| 2024 | -5.96% | 4.36% | 4.93% | 2.01% | 2.10% | 2.09% | 0.51% | 0.32% | 7.75% | -4.10% | -3.35% | -0.87% | 9.31% |
| 2023 | 9.23% | -7.36% | 2.29% | -0.29% | -3.62% | 5.30% | 5.92% | -6.97% | -3.37% | -3.49% | 9.13% | 3.23% | 8.44% |
| 2022 | 1.75% | -8.45% | -5.98% | -4.91% | 1.32% | -5.06% | -1.22% | 0.86% | -11.33% | -3.43% | 18.60% | -1.09% | -19.82% |
| 2021 | 3.98% | 0.29% | -0.66% | 1.09% | 2.91% | 0.08% | -7.07% | 1.97% | -4.24% | 1.71% | -4.19% | 2.10% | -2.63% |
Benchmark Metrics
Fidelity Advisor Focused Emerging Markets Fund Class I has an annualized alpha of 2.56%, beta of 0.89, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since March 30, 2004.
- This fund captured 106.34% of S&P 500 Index gains and 102.40% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 2.56% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.89 and R2 of 0.60, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 2.56%
- Beta
- 0.89
- R²
- 0.60
- Upside Capture
- 106.34%
- Downside Capture
- 102.40%
Expense Ratio
FIMKX has a high expense ratio of 1.03%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FIMKX ranks 91 for risk / return — in the top 91% 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 Advisor Focused Emerging Markets Fund Class I (FIMKX) 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.
| FIMKX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +1.12 | ||
| Omega ratioGain probability vs. loss probability | 1.58 | 1.37 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 4.63 | 2.78 | +1.84 |
| Martin ratioReturn relative to average drawdown | 17.78 | 12.44 | +5.34 |
Dividends
Dividend History
Fidelity Advisor Focused Emerging Markets Fund Class I provided a 1.20% dividend yield over the last twelve months, with an annual payout of $0.67 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.67 | $0.67 | $0.37 | $0.46 | $0.30 | $1.75 | $0.76 | $3.10 | $0.15 | $0.03 | $0.09 | $0.04 |
Dividend yield | 1.20% | 1.57% | 1.20% | 1.60% | 1.14% | 5.19% | 2.09% | 10.86% | 0.61% | 0.10% | 0.45% | 0.19% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Focused Emerging Markets Fund Class I. 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 | $0.67 | $0.67 |
| 2024 | $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 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 | $0.46 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.75 | $1.75 |
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 Advisor Focused Emerging Markets Fund Class I. 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 Advisor Focused Emerging Markets Fund Class I was 69.98%, occurring on Nov 20, 2008. Recovery took 2266 trading sessions.
The current Fidelity Advisor Focused Emerging Markets Fund Class I drawdown is 1.69%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -69.98%Nov 2008 | 1y 20d | 9y 3d | 10y 23dNov 2007 - Nov 2017 |
Bear market2022 | -41.85%Oct 2022 | 1y 8mo | 2y 9mo | 4y 5moFeb 2021 - Aug 2025 |
COVID crash2020 | -32.46%Mar 2020 | 2mo 9d | 4mo 6d | 6mo 15dJan 2020 - Jul 2020 |
Rate-hike selloffLate 2018 | -27.51%Oct 2018 | 9mo 3d | 1y 2mo | 1y 11moJan 2018 - Jan 2020 |
2006 bear market2006 | -26.03%Jun 2006 | 1mo 4d | 5mo 25d | 6mo 29dMay 2006 - Dec 2006 |
Drawdown Indicators
| FIMKX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.98% | -56.78% | -13.20% |
Max Drawdown (1Y)Largest decline over 1 year | -13.72% | -9.10% | -4.62% |
Max Drawdown (3Y)Largest decline over 3 years | -18.75% | -18.90% | +0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -39.53% | -25.43% | -14.10% |
Max Drawdown (10Y)Largest decline over 10 years | -41.85% | -33.92% | -7.93% |
Current DrawdownCurrent decline from peak | -1.69% | -1.80% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -19.82% | -10.71% | -9.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.56% | 2.03% | +1.53% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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