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Fidelity Emerging Markets K (FKEMX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US3159102736

Issuer

Fidelity

Inception Date

May 9, 2008

Min. Investment

$0

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Expense Ratio

FKEMX has an expense ratio of 0.77%, placing it in the medium range.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Emerging Markets K, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%50.00%100.00%150.00%200.00%250.00%300.00%350.00%December2025FebruaryMarchAprilMay
47.37%
297.87%
FKEMX (Fidelity Emerging Markets K)
Benchmark (^GSPC)

Returns By Period

Fidelity Emerging Markets K (FKEMX) returned 2.84% year-to-date (YTD) and 3.83% over the past 12 months. Over the past 10 years, FKEMX returned 5.48% annually, underperforming the S&P 500 benchmark at 10.43%.


FKEMX

YTD

2.84%

1M

16.20%

6M

-4.97%

1Y

3.83%

5Y*

5.60%

10Y*

5.48%

^GSPC (Benchmark)

YTD

-3.70%

1M

13.67%

6M

-5.18%

1Y

9.18%

5Y*

14.14%

10Y*

10.43%

*Annualized

Monthly Returns

The table below presents the monthly returns of FKEMX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.42%-1.86%-0.69%1.04%2.97%2.84%
2024-3.21%5.60%2.95%-2.10%2.99%4.64%-0.86%0.08%3.96%-2.66%-2.31%-1.50%7.26%
202311.11%-5.73%3.53%-1.38%-0.51%4.55%4.58%-4.87%-4.00%-4.11%9.28%3.61%15.36%
2022-4.28%-6.25%-3.83%-7.94%0.63%-5.99%1.37%-0.72%-11.96%-4.02%17.92%-3.71%-27.42%
20212.63%1.81%-2.47%2.06%1.70%1.66%-6.21%3.62%-3.18%3.01%-2.98%-4.42%-3.35%
2020-3.35%-3.05%-13.71%9.37%4.30%8.59%9.45%4.36%-1.30%2.08%6.90%6.35%31.05%
20199.73%1.88%3.46%3.51%-5.46%6.80%-0.47%-2.09%1.37%3.99%0.57%7.18%33.86%
20186.75%-4.86%-0.84%-1.94%-1.64%-3.65%1.21%-2.90%-1.89%-9.68%4.19%-3.35%-17.93%
20176.01%2.62%4.45%4.22%3.63%1.79%5.13%2.76%1.06%3.22%1.08%3.84%47.78%
2016-5.61%-1.90%10.58%1.03%-0.53%3.49%3.58%0.88%2.02%-1.66%-6.80%-0.60%3.42%
20150.33%3.73%-1.19%1.76%-2.28%-1.25%-4.11%-8.33%-2.73%7.57%-1.64%-1.39%-9.91%
2014-6.97%5.71%1.90%-0.04%4.06%2.63%0.04%2.29%-5.99%2.78%0.27%-3.29%2.57%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FKEMX is 31, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FKEMX is 3131
Overall Rank
The Sharpe Ratio Rank of FKEMX is 3333
Sharpe Ratio Rank
The Sortino Ratio Rank of FKEMX is 3232
Sortino Ratio Rank
The Omega Ratio Rank of FKEMX is 3030
Omega Ratio Rank
The Calmar Ratio Rank of FKEMX is 2929
Calmar Ratio Rank
The Martin Ratio Rank of FKEMX is 3030
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Emerging Markets K (FKEMX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Fidelity Emerging Markets K Sharpe ratios as of May 9, 2025 (values are recalculated daily):

  • 1-Year: 0.20
  • 5-Year: 0.30
  • 10-Year: 0.29
  • All Time: 0.10

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Fidelity Emerging Markets K compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00December2025FebruaryMarchAprilMay
0.20
0.48
FKEMX (Fidelity Emerging Markets K)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Emerging Markets K provided a 0.76% dividend yield over the last twelve months, with an annual payout of $0.30 per share.


0.50%1.00%1.50%2.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.30$0.30$0.44$0.28$0.54$0.12$0.65$0.26$0.20$0.19$0.15$0.41

Dividend yield

0.76%0.78%1.24%0.89%1.23%0.27%1.85%0.99%0.61%0.84%0.70%1.67%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Emerging Markets K. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.00$0.00$0.00
2024$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
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.44$0.44
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.28$0.28
2021$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
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.12$0.12
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.65$0.65
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.26$0.26
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.20$0.20
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.19$0.19
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.15$0.15
2014$0.41$0.41

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.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-20.72%
-7.82%
FKEMX (Fidelity Emerging Markets K)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Emerging Markets K. 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 Emerging Markets K was 69.07%, occurring on Nov 20, 2008. Recovery took 2180 trading sessions.

The current Fidelity Emerging Markets K drawdown is 20.72%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-69.07%May 20, 2008129Nov 20, 20082180Jul 24, 20172309
-45.8%Feb 17, 2021426Oct 24, 2022
-29.97%Jan 21, 202044Mar 23, 202072Jul 6, 2020116
-27.35%Jan 29, 2018191Oct 29, 2018285Dec 17, 2019476
-5.86%Sep 3, 202015Sep 24, 202011Oct 9, 202026

Volatility

Volatility Chart

The current Fidelity Emerging Markets K volatility is 8.07%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%December2025FebruaryMarchAprilMay
8.07%
11.21%
FKEMX (Fidelity Emerging Markets K)
Benchmark (^GSPC)