Fidelity Series Emerging Markets Debt Local Currency Fund (FSEDX) Alternatives
Fidelity Series Emerging Markets Debt Local Currency Fund (FSEDX) belongs to the Emerging Markets Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FSEDX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FSEDX
FSEDX charges 0.00% annually. Among mutual funds in the Emerging Markets Bonds category, these options have the lowest expense ratios among FSEDX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Western Asset Emerging Markets Debt Fund Inc | 0.02% | Jan 1, 2004 | FSEDX vs EMD | |
| Payden Emerging Markets Local Bond Fund | 0.09% | Nov 1, 2011 | FSEDX vs PYELX | |
| Voya Emerging Markets Corporate Debt Fund | 0.10% | Aug 8, 2012 | FSEDX vs IMCDX | |
| Vanguard Emerging Markets Bond Fund Admiral Shares | 0.40% | Dec 6, 2017 | FSEDX vs VEGBX | |
| SEI Institutional Investments Trust Emerging Marke... | 0.41% | Dec 4, 2005 | FSEDX vs SEDAX |
Best Risk-Adjusted Alternatives to FSEDX
Among mutual funds in the Emerging Markets Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| American Beacon Developing World Income Fund Class... | 98 | Feb 25, 2014 | FSEDX vs AGEYX | |
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 98 | Apr 6, 2014 | FSEDX vs DBLLX | |
| American Beacon Frontier Markets Income Fund | 98 | Feb 24, 2014 | FSEDX vs AGEPX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | Sep 3, 2015 | FSEDX vs EADOX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 98 | Sep 3, 2015 | FSEDX vs EIDOX |
Top Performing FSEDX Alternatives (YTD)
FSEDX alternatives from the Emerging Markets Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| GMO Emerging Country Debt Fund | 2.00% | Apr 18, 1994 | FSEDX vs GMCDX | |
| GMO Emerging Country Debt Fund Class VI | 2.00% | Apr 19, 1994 | FSEDX vs GMOQX | |
| American Beacon Developing World Income Fund Class... | 1.59% | Feb 25, 2014 | FSEDX vs AGEYX | |
| American Beacon Frontier Markets Income Fund | 1.56% | Feb 24, 2014 | FSEDX vs AGEPX | |
| Eaton Vance Emerging Markets Debt Opportunities Fu... | 1.43% | Sep 3, 2015 | FSEDX vs EIDOX |
Lowest Volatility Alternatives to FSEDX
FSEDX alternatives from the Emerging Markets Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | 1.43% | Apr 6, 2014 | FSEDX vs DBLLX | |
| Amana Participation Fund | 2.08% | Sep 27, 2015 | FSEDX vs AMAPX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | 2.59% | Apr 6, 2010 | FSEDX vs DLENX | |
| Payden Emerging Markets Corporate Bond Fund | 2.59% | Nov 10, 2013 | FSEDX vs PYCEX | |
| DoubleLine Emerging Markets Fixed Income Fund | 2.61% | Apr 5, 2010 | FSEDX vs DBLEX |
Lowest Drawdown Alternatives to FSEDX
FSEDX alternatives from the Emerging Markets Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| DoubleLine Low Duration Emerging Markets Fixed Inc... | -1.35% | Apr 6, 2014 | FSEDX vs DBLLX | |
| Amana Participation Fund | -2.51% | Sep 27, 2015 | FSEDX vs AMAPX | |
| DoubleLine Emerging Markets Fixed Income Fund | -2.77% | Apr 5, 2010 | FSEDX vs DBLEX | |
| DoubleLine Emerging Markets Fixed Income Fund Clas... | -2.77% | Apr 6, 2010 | FSEDX vs DLENX | |
| Payden Emerging Markets Corporate Bond Fund | -2.96% | Nov 10, 2013 | FSEDX vs PYCEX |
Other Mutual Funds from Fidelity
Most popular Fidelity mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 46 | -7.05% | Feb 17, 1988 | FSEDX vs FXAIX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 46 | -6.77% | — | FSEDX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 28 | -13.03% | — | FSEDX vs FSPGX | |
| Fidelity Select Semiconductors Portfolio | Technology Equities | 94 | 0.00% | Jul 29, 1985 | FSEDX vs FSELX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 45 | -6.77% | — | FSEDX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 54 | -11.15% | Dec 31, 1987 | FSEDX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 45 | -7.30% | — | FSEDX vs FNILX | |
| Fidelity Contrafund Fund | Large Cap Growth Equities | 44 | -8.57% | May 17, 1967 | FSEDX vs FCNTX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 64 | -1.94% | Nov 5, 1997 | FSEDX vs FSPSX | |
| Fidelity Government Money Market Fund | Money Market | — | 0.53% | Feb 5, 1990 | FSEDX vs SPAXX |
Often Compared With FSEDX
What investors most often compare with FSEDX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| WisdomTree Emerging Markets Local Debt Fund | Emerging Markets Bonds, Actively Managed | 65 | -3.30% | Aug 9, 2010 | FSEDX vs ELD |
Compare FSEDX with Any Fund or Stock
Compare FSEDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.