Fidelity Emerging Markets Index Fund (FPADX) 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 FPADX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FPADX
FPADX charges 0.08% annually. There are 3 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 | FPADX vs FEMSX | |
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | FPADX vs FHKFX | |
| Vanguard Emerging Markets Stock Index Fund Institu... | 0.06% | — | Jun 2000 | FPADX vs VEMIX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | FPADX vs FERGX | |
| Vanguard Emerging Markets Index Fund Institutional... | 0.08% | 163.30B | Dec 2010 | FPADX vs VEMRX |
Best Risk-Adjusted Alternatives to FPADX
FPADX has a PortfoliosLab risk / return rank of 60. There are 109 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 | |
|---|---|---|---|---|---|
| Lazard Emerging Markets Equity Portfolio Class R6 | 96 | — | — | FPADX vs RLEMX | |
| Lazard Emerging Markets Equity Portfolio | 96 | — | Jul 1994 | FPADX vs LZEMX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 94 | — | Oct 2011 | FPADX vs ESCIX | |
| Delaware Emerging Markets Fund | 94 | — | Jun 1996 | FPADX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 94 | — | Jun 1996 | FPADX vs DEMAX |
Top Performing FPADX Alternatives (YTD)
FPADX is at 21.78% YTD. There are 78 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 87.69%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 87.69% | — | Jun 1996 | FPADX vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 87.41% | — | Jun 1996 | FPADX vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 86.59% | — | Jun 1996 | FPADX vs DEMCX | |
| Franklin Templeton SMACS: Series EM | 63.91% | — | Nov 2021 | FPADX vs FQEMX | |
| GMO Emerging Markets ex-China Fund | 45.00% | — | Oct 2021 | FPADX vs GMAQX |
Lowest Volatility Alternatives to FPADX
FPADX has 22.81% 1-year volatility. There are 123 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.90%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Goldman Sachs GQG Partners International Opportuni... | 9.90% | — | Dec 2016 | FPADX vs GSIYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 9.99% | — | Oct 2011 | FPADX vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.49% | — | Dec 2016 | FPADX vs GQGPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.51% | — | — | FPADX vs GQGIX | |
| The Cook & Bynum Fund | 11.74% | — | Jun 2009 | FPADX vs COBYX |
Lowest Drawdown Alternatives to FPADX
FPADX has a 1-year max drawdown of -13.83%. There are 103 mutual funds in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -5.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | -5.70% | — | Oct 2011 | FPADX vs ESCIX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | -6.93% | — | Jan 2019 | FPADX vs FGKPX | |
| Goldman Sachs GQG Partners International Opportuni... | -7.81% | — | Dec 2016 | FPADX vs GSIYX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | FPADX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | FPADX vs COBYX |
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 | 70 | 13.76% | — | Feb 1988 | FPADX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 82 | 59.70% | — | Jul 1985 | FPADX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 70 | 14.34% | — | — | FPADX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 68 | 14.27% | — | — | FPADX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 17 | 5.34% | — | — | FPADX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 45 | 16.93% | — | Dec 1987 | FPADX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 30 | 11.14% | 176.32B | May 1967 | FPADX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 65 | 13.48% | — | — | FPADX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 54 | 13.72% | — | Nov 1997 | FPADX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 64 | 15.36% | — | Jun 2016 | FPADX vs FTIHX |
Often Compared With FPADX
Investors most often compare FPADX with VWO, VEMAX, FZILX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare FPADX with Any Fund or Stock
Compare FPADX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FPADX with funds that move differently
Fidelity Emerging Markets Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FPADX.
Explore FPADX Diversifiers