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Fidelity Emerging Markets Index Fund (FPADX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS3161463316
CUSIP316146331
IssuerFidelity
Inception DateSep 8, 2011
CategoryEmerging Markets Diversified
Min. Investment$0
Home Pageinstitutional.fidelity.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

FPADX has an expense ratio of 0.08% which is considered to be low.


Expense ratio chart for FPADX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

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.


Fidelity Emerging Markets Index Fund

Popular comparisons: FPADX vs. FHKCX, FPADX vs. FSGGX, FPADX vs. FZILX, FPADX vs. CWGIX, FPADX vs. FIGSX, FPADX vs. VWO, FPADX vs. FSPSX, FPADX vs. VEMAX, FPADX vs. FXAIX, FPADX vs. FBGRX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Emerging Markets Index Fund, 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%100.00%200.00%300.00%400.00%December2024FebruaryMarchAprilMay
52.27%
346.15%
FPADX (Fidelity Emerging Markets Index Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

Fidelity Emerging Markets Index Fund had a return of 8.46% year-to-date (YTD) and 14.99% in the last 12 months. Over the past 10 years, Fidelity Emerging Markets Index Fund had an annualized return of 3.21%, while the S&P 500 had an annualized return of 10.99%, indicating that Fidelity Emerging Markets Index Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date8.46%11.18%
1 month9.33%5.60%
6 months13.36%17.48%
1 year14.99%26.33%
5 years (annualized)4.42%13.16%
10 years (annualized)3.21%10.99%

Monthly Returns

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-4.68%4.70%2.39%-0.10%8.46%
20238.59%-6.93%3.15%-0.71%-2.05%3.87%6.04%-6.36%-2.74%-3.55%7.46%3.89%9.51%
2022-0.25%-4.56%-2.95%-5.73%1.23%-5.91%-0.60%-0.40%-11.38%-2.73%16.12%-2.77%-20.06%
20213.22%0.68%-1.06%1.68%1.50%1.18%-6.80%2.28%-4.06%0.96%-3.80%1.63%-3.07%
2020-5.56%-3.95%-16.06%8.73%1.98%7.12%8.46%2.32%-1.18%1.65%9.03%7.20%17.84%
20199.12%-0.29%0.87%2.29%-7.38%6.45%-2.27%-4.17%2.02%3.87%0.10%7.57%18.28%
20188.14%-5.18%-0.34%-1.71%-3.23%-4.14%2.44%-2.84%-0.57%-8.64%4.26%-2.83%-14.65%
20176.15%2.56%2.93%2.11%2.89%1.00%5.87%2.35%-0.46%3.50%0.09%3.62%37.67%
2016-5.82%-0.41%12.97%0.98%-3.75%4.52%4.69%2.18%1.80%-0.22%-4.76%-0.12%11.25%
20150.21%3.71%-1.94%7.81%-3.48%-2.30%-6.87%-9.24%-3.39%5.77%-3.32%-2.79%-15.90%
2014-7.01%3.04%3.82%0.63%3.55%3.13%1.57%3.47%-7.08%2.00%-0.79%-4.74%0.64%
20131.07%-2.22%-1.68%1.71%-3.65%-5.74%0.76%-2.91%6.78%4.68%-1.79%-1.08%-4.65%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FPADX is 26, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of FPADX is 2626
FPADX (Fidelity Emerging Markets Index Fund)
The Sharpe Ratio Rank of FPADX is 2828Sharpe Ratio Rank
The Sortino Ratio Rank of FPADX is 2828Sortino Ratio Rank
The Omega Ratio Rank of FPADX is 2525Omega Ratio Rank
The Calmar Ratio Rank of FPADX is 2626Calmar Ratio Rank
The Martin Ratio Rank of FPADX is 2626Martin 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 Index Fund (FPADX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


FPADX
Sharpe ratio
The chart of Sharpe ratio for FPADX, currently valued at 1.07, compared to the broader market-1.000.001.002.003.004.001.07
Sortino ratio
The chart of Sortino ratio for FPADX, currently valued at 1.61, compared to the broader market-2.000.002.004.006.008.0010.0012.001.61
Omega ratio
The chart of Omega ratio for FPADX, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.003.501.19
Calmar ratio
The chart of Calmar ratio for FPADX, currently valued at 0.45, compared to the broader market0.002.004.006.008.0010.0012.0014.000.45
Martin ratio
The chart of Martin ratio for FPADX, currently valued at 2.69, compared to the broader market0.0020.0040.0060.0080.002.69
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.38, compared to the broader market-1.000.001.002.003.004.002.38
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.37, compared to the broader market-2.000.002.004.006.008.0010.0012.003.37
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.42, compared to the broader market0.501.001.502.002.503.003.501.42
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.94, compared to the broader market0.002.004.006.008.0010.0012.0014.001.94
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 9.12, compared to the broader market0.0020.0040.0060.0080.009.12

Sharpe Ratio

The current Fidelity Emerging Markets Index Fund Sharpe ratio is 1.07. This value is calculated based on the past 12 months of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Emerging Markets Index Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00December2024FebruaryMarchAprilMay
1.07
2.38
FPADX (Fidelity Emerging Markets Index Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Emerging Markets Index Fund granted a 2.47% dividend yield in the last twelve months. The annual payout for that period amounted to $0.27 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.27$0.27$0.23$0.26$0.19$0.28$0.21$0.22$0.14$0.19$0.19$0.21

Dividend yield

2.47%2.68%2.47%2.14%1.50%2.59%2.20%1.88%1.69%2.47%2.03%2.15%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.27$0.27
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.23$0.23
2021$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
2020$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
2019$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
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.21$0.21
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.22$0.22
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.14$0.14
2015$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
2014$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
2013$0.21$0.21

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%December2024FebruaryMarchAprilMay
-17.84%
-0.09%
FPADX (Fidelity Emerging Markets Index Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Emerging Markets Index Fund. 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 Index Fund was 39.16%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current Fidelity Emerging Markets Index Fund drawdown is 17.84%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-39.16%Feb 18, 2021425Oct 24, 2022
-37.19%Jan 29, 2018541Mar 23, 2020166Nov 16, 2020707
-35.8%Sep 4, 2014348Jan 21, 2016371Jul 12, 2017719
-18.11%Mar 5, 201264Jun 4, 2012136Dec 19, 2012200
-17.13%Jan 22, 2013107Jun 24, 2013242Jun 10, 2014349

Volatility

Volatility Chart

The current Fidelity Emerging Markets Index Fund volatility is 3.17%, 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%3.00%4.00%5.00%December2024FebruaryMarchAprilMay
3.17%
3.36%
FPADX (Fidelity Emerging Markets Index Fund)
Benchmark (^GSPC)