Fidelity Advisor Emerging Markets Discovery Fund Class Z (FIQGX) 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 FIQGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FIQGX
FIQGX charges 1.05% annually. There are 20 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | FIQGX vs FHKFX | |
| Fidelity Series Emerging Markets Opportunities Fun... | 0.01% | — | Dec 2008 | FIQGX vs FEMSX | |
| Vanguard Emerging Markets Index Fund Institutional... | 0.08% | 162.80B | Dec 2010 | FIQGX vs VEMRX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.10% | — | Jun 2000 | FIQGX vs VEMIX | |
| Vanguard Emerging Markets Stock Index Fund Admiral... | 0.13% | 162.80B | Jun 2006 | FIQGX vs VEMAX |
Best Risk-Adjusted Alternatives to FIQGX
FIQGX has a PortfoliosLab risk / return rank of 79. 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 | FIQGX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 94 | — | Jun 1996 | FIQGX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 89 | — | Jul 2022 | FIQGX vs WXCIX | |
| Templeton Emerging Markets Fund | 85 | — | Feb 1987 | FIQGX vs EMF | |
| JPMorgan Emerging Markets Equity Fund Class R6 | 82 | — | Dec 2013 | FIQGX vs JEMWX |
Top Performing FIQGX Alternatives (YTD)
FIQGX is at 17.10% YTD. There are 17 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 85.65%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class A | 85.65% | — | Jun 1996 | FIQGX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 84.89% | — | Jun 1996 | FIQGX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 40.06% | — | Jul 2022 | FIQGX vs WXCIX | |
| Templeton Emerging Markets Fund | 32.25% | — | Feb 1987 | FIQGX vs EMF | |
| Calamos Evolving World Growth Fund Class I | 29.22% | — | — | FIQGX vs CNWIX |
Lowest Volatility Alternatives to FIQGX
FIQGX has 14.69% 1-year volatility. There are 7 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 11.41%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Emerging Markets Low Volatility Index... | 11.41% | — | Jan 2019 | FIQGX vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.46% | — | — | FIQGX vs GQGIX | |
| Seafarer Overseas Value Fund Institutional Class | 13.32% | — | May 2016 | FIQGX vs SIVLX | |
| Schwab Fundamental Emerging Markets Equity Index F... | 14.17% | — | Jan 2008 | FIQGX vs SFENX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | 14.66% | — | Nov 2011 | FIQGX vs FEDTX |
Lowest Drawdown Alternatives to FIQGX
FIQGX has a 1-year max drawdown of -9.55%. There are 4 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 | FIQGX vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | -9.11% | — | — | FIQGX vs GQGIX | |
| Schwab Fundamental Emerging Markets Equity Index F... | -9.45% | — | Jan 2008 | FIQGX vs SFENX | |
| Fidelity Emerging Markets Discovery Fund | -9.54% | — | Nov 2011 | FIQGX vs FEDDX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | -9.58% | — | Nov 2011 | FIQGX vs FEDIX |
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 | 60 | 10.18% | — | Feb 1988 | FIQGX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 89 | 60.71% | — | Jul 1985 | FIQGX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 62 | 11.00% | — | — | FIQGX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 61 | 10.98% | — | — | FIQGX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 16 | 3.03% | — | — | FIQGX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 52 | 14.20% | — | Dec 1987 | FIQGX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 35 | 9.37% | 176.32B | May 1967 | FIQGX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 58 | 10.25% | — | — | FIQGX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 36 | 9.38% | — | Nov 1997 | FIQGX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 50 | 11.66% | — | Jun 2016 | FIQGX vs FTIHX |
Often Compared With FIQGX
Investors most often compare FIQGX with PZIEX, FEDAX, FAMKX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare FIQGX with Any Fund or Stock
Compare FIQGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FIQGX with funds that move differently
Fidelity Advisor Emerging Markets Discovery Fund Class Z alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FIQGX.
Explore FIQGX Diversifiers