Fidelity Emerging Markets K (FKEMX) 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 FKEMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FKEMX
FKEMX charges 0.77% annually. There are 10 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 Opportunities Fun... | 0.01% | — | Dec 2008 | FKEMX vs FEMSX | |
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | FKEMX vs FHKFX | |
| Vanguard Emerging Markets Index Fund Institutional... | 0.08% | 162.80B | Dec 2010 | FKEMX vs VEMRX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.10% | — | Jun 2000 | FKEMX vs VEMIX | |
| Vanguard Emerging Markets Stock Index Fund Admiral... | 0.13% | 162.80B | Jun 2006 | FKEMX vs VEMAX |
Best Risk-Adjusted Alternatives to FKEMX
FKEMX has a PortfoliosLab risk / return rank of 69. There are 21 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class A | 96 | — | Jun 1996 | FKEMX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 95 | — | Jun 1996 | FKEMX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 90 | — | Jul 2022 | FKEMX vs WXCIX | |
| Templeton Emerging Markets Fund | 88 | — | Feb 1987 | FKEMX vs EMF | |
| Fidelity Advisor Focused Emerging Markets Fund Cla... | 87 | — | Aug 2013 | FKEMX vs FZAEX |
Top Performing FKEMX Alternatives (YTD)
FKEMX is at 21.03% YTD. There are 17 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 106.02%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class A | 106.02% | — | Jun 1996 | FKEMX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 105.23% | — | Jun 1996 | FKEMX vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 43.69% | — | Jul 2022 | FKEMX vs WXCIX | |
| Templeton Emerging Markets Fund | 36.34% | — | Feb 1987 | FKEMX vs EMF | |
| Calamos Evolving World Growth Fund Class I | 35.50% | — | — | FKEMX vs CNWIX |
Lowest Volatility Alternatives to FKEMX
FKEMX has 22.84% 1-year volatility. There are 31 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 11.25%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Emerging Markets Low Volatility Index... | 11.25% | — | Jan 2019 | FKEMX vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.43% | — | — | FKEMX vs GQGIX | |
| Seafarer Overseas Value Fund Institutional Class | 13.19% | — | May 2016 | FKEMX vs SIVLX | |
| Schwab Fundamental Emerging Markets Equity Index F... | 14.14% | — | Jan 2008 | FKEMX vs SFENX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | 14.50% | — | Nov 2011 | FKEMX vs FEDTX |
Lowest Drawdown Alternatives to FKEMX
FKEMX has a 1-year max drawdown of -13.00%. There are 22 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 | FKEMX vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | -9.11% | — | — | FKEMX vs GQGIX | |
| Schwab Fundamental Emerging Markets Equity Index F... | -9.45% | — | Jan 2008 | FKEMX vs SFENX | |
| Fidelity Emerging Markets Discovery Fund | -9.54% | — | Nov 2011 | FKEMX vs FEDDX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | -9.55% | — | Oct 2018 | FKEMX 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 | 10.87% | — | Feb 1988 | FKEMX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 92 | 69.51% | — | Jul 1985 | FKEMX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 65 | 11.51% | — | — | FKEMX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 64 | 11.52% | — | — | FKEMX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 18 | 4.54% | — | — | FKEMX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 61 | 16.64% | — | Dec 1987 | FKEMX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 37 | 10.44% | 176.32B | May 1967 | FKEMX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 61 | 10.70% | — | — | FKEMX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 36 | 10.16% | — | Nov 1997 | FKEMX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 56 | 13.16% | — | Jun 2016 | FKEMX vs FTIHX |
Often Compared With FKEMX
Investors most often compare FKEMX with FEMKX, GICIX, VWO. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare FKEMX with Any Fund or Stock
Compare FKEMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FKEMX with funds that move differently
Fidelity Emerging Markets K alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FKEMX.
Explore FKEMX Diversifiers