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Fidelity Sustainable Emerging Markets Equity Fund ...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

Issuer
Fidelity
Inception Date
Feb 9, 2022
Min. Investment
$0
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

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


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S&P 500 Index

Returns By Period

Fidelity Sustainable Emerging Markets Equity Fund (FSZZX) has returned 1.78% so far this year and 34.30% over the past 12 months.


Fidelity Sustainable Emerging Markets Equity Fund

1D
-0.82%
1M
-12.64%
YTD
1.78%
6M
5.78%
1Y
34.30%
3Y*
16.25%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Feb 18, 2022, FSZZX's average daily return is +0.03%, while the average monthly return is +0.68%. At this rate, your investment would double in approximately 8.5 years.

Historically, 54% of months were positive and 46% were negative. The best month was Nov 2022 with a return of +18.4%, while the worst month was Mar 2026 at -12.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FSZZX closed higher 50% of trading days. The best single day was Mar 16, 2022 with a return of +8.2%, while the worst single day was Apr 4, 2025 at -5.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20269.31%6.58%-12.64%1.78%
20251.86%1.94%1.46%0.66%4.94%6.28%1.48%3.30%7.89%3.66%-2.52%2.86%39.03%
2024-3.90%6.59%1.43%-0.94%1.78%4.07%-0.45%0.11%5.49%-2.66%-3.38%-1.55%6.12%
202310.67%-7.11%3.63%-2.38%-1.03%5.18%5.05%-7.39%-3.04%-3.39%9.19%3.47%11.47%
2022-6.14%-2.94%-7.30%1.33%-5.62%-1.01%-0.77%-11.61%-4.09%18.42%-2.93%-22.70%

Benchmark Metrics

Fidelity Sustainable Emerging Markets Equity Fund has an annualized alpha of -0.09%, beta of 0.77, and R² of 0.47 versus S&P 500 Index. Calculated based on daily prices since February 22, 2022.

  • This fund participated in 79.99% of S&P 500 Index downside but only 68.86% of its upside — more exposed to losses than it benefited from rallies.
  • R² of 0.47 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
-0.09%
Beta
0.77
0.47
Upside Capture
68.86%
Downside Capture
79.99%

Expense Ratio

FSZZX has a high expense ratio of 1.15%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

FSZZX ranks 85 for risk / return — in the top 85% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


FSZZX Risk / Return Rank: 8585
Overall Rank
FSZZX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
FSZZX Sortino Ratio Rank: 8484
Sortino Ratio Rank
FSZZX Omega Ratio Rank: 8282
Omega Ratio Rank
FSZZX Calmar Ratio Rank: 8787
Calmar Ratio Rank
FSZZX Martin Ratio Rank: 8585
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Sustainable Emerging Markets Equity Fund (FSZZX) and compare them to a chosen benchmark (S&P 500 Index).


FSZZXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.70

0.90

+0.80

Sortino ratio

Return per unit of downside risk

2.23

1.39

+0.84

Omega ratio

Gain probability vs. loss probability

1.33

1.21

+0.12

Calmar ratio

Return relative to maximum drawdown

2.28

1.40

+0.88

Martin ratio

Return relative to average drawdown

8.84

6.61

+2.23

Explore FSZZX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Fidelity Sustainable Emerging Markets Equity Fund provided a 1.01% dividend yield over the last twelve months, with an annual payout of $0.12 per share.


0.80%1.00%1.20%1.40%1.60%1.80%$0.00$0.05$0.10$0.152022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
Dividend$0.12$0.12$0.13$0.14$0.05

Dividend yield

1.01%1.02%1.48%1.74%0.71%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$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
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.13$0.13
2023$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
2022$0.05$0.05

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Sustainable Emerging Markets Equity 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 Sustainable Emerging Markets Equity Fund was 33.67%, occurring on Oct 24, 2022. Recovery took 483 trading sessions.

The current Fidelity Sustainable Emerging Markets Equity Fund drawdown is 13.52%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-33.67%Feb 22, 2022170Oct 24, 2022483Sep 26, 2024653
-17.12%Oct 8, 2024125Apr 8, 202524May 13, 2025149
-13.52%Feb 26, 202623Mar 30, 2026
-6.37%Oct 30, 202517Nov 21, 202527Jan 2, 202644
-5.23%Oct 9, 20252Oct 10, 202511Oct 27, 202513

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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