Fidelity Sustainable Emerging Markets Equity Fund (FSZZX) belongs to the Emerging Markets Diversified category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FSZZX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FSZZX
FSZZX charges 1.15% annually. There are 95 mutual funds in the Emerging Markets Diversified category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Emerging Markets Index Fund | 0.08% | — | Sep 2011 | FSZZX vs FPADX | |
| Fidelity SAI Emerging Markets Index Fund | 0.08% | — | Jan 2016 | FSZZX vs FERGX | |
| Franklin Emerging Market Core Equity (IU) Fund Adv... | 0.17% | — | Jul 2019 | FSZZX vs FCEEX | |
| State Street Emerging Markets Equity Index Fund | 0.17% | — | Dec 2015 | FSZZX vs SSKEX | |
| UBS Emerging Markets Equity Opportunity Fund | 0.19% | — | May 2018 | FSZZX vs EMPTX |
Best Risk-Adjusted Alternatives to FSZZX
FSZZX has a PortfoliosLab risk / return rank of 90. There are 73 mutual funds in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Franklin Templeton SMACS: Series EM | 98 | — | Nov 2021 | FSZZX vs FQEMX | |
| Delaware Emerging Markets Fund | 98 | — | Jun 1996 | FSZZX vs DEMIX | |
| Martin Currie SMA-Shares Series EM Fund | 98 | — | Jan 2018 | FSZZX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 97 | — | Oct 2021 | FSZZX vs GMAQX | |
| LSV Emerging Markets Equity Fund | 97 | — | Jan 2019 | FSZZX vs LVAZX |
Top Performing FSZZX Alternatives (YTD)
FSZZX is at 32.99% YTD. There are 42 mutual funds in the Emerging Markets Diversified category with higher YTD returns, going as high as 112.88%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 112.88% | — | Jun 1996 | FSZZX vs DEMIX | |
| Franklin Templeton SMACS: Series EM | 90.39% | — | Nov 2021 | FSZZX vs FQEMX | |
| Martin Currie SMA-Shares Series EM Fund | 67.99% | — | Jan 2018 | FSZZX vs LCSMX | |
| GMO Emerging Markets ex-China Fund | 57.96% | — | Oct 2021 | FSZZX vs GMAQX | |
| Invesco EQV Emerging Markets All Cap Fd | 49.96% | — | Jan 1994 | FSZZX vs GTDDX |
Lowest Volatility Alternatives to FSZZX
FSZZX has 19.54% 1-year volatility. There are 141 mutual funds in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 10.37%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Defensive Advantage Emerging Markets Fun... | 10.37% | — | Dec 2020 | FSZZX vs BADEX | |
| Virtus KAR Emerging Markets Small-Cap Fund | 11.03% | — | Dec 2013 | FSZZX vs VIESX | |
| GQG Partners Emerging Markets Equity Fund | 11.32% | — | Dec 2016 | FSZZX vs GQGPX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 11.53% | — | Oct 2011 | FSZZX vs ESCIX | |
| Parametric Emerging Markets Fund | 11.57% | — | Jun 2006 | FSZZX vs EAEMX |
Lowest Drawdown Alternatives to FSZZX
FSZZX has a 1-year max drawdown of -13.52%. There are 106 mutual funds in the Emerging Markets Diversified 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 | FSZZX vs ESCIX | |
| Wasatch Emerging Markets Small Cap Fund | -7.89% | — | Sep 2007 | FSZZX vs WAEMX | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | FSZZX vs BADEX | |
| The Cook & Bynum Fund | -8.95% | — | Jun 2009 | FSZZX vs COBYX | |
| GQG Partners Emerging Markets Equity Fund | -9.12% | — | Dec 2016 | FSZZX vs GQGPX |
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 | 73 | 11.71% | — | Feb 1988 | FSZZX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 97 | 85.56% | — | Jul 1985 | FSZZX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 72 | 12.01% | — | — | FSZZX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 32 | 8.60% | — | — | FSZZX vs FSPGX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 71 | 12.08% | — | — | FSZZX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 75 | 18.56% | — | Dec 1987 | FSZZX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 35 | 7.76% | 176.32B | May 1967 | FSZZX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 71 | 11.56% | — | — | FSZZX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 27 | 9.51% | — | Nov 1997 | FSZZX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 58 | 15.53% | — | Jun 2016 | FSZZX vs FTIHX |
Often Compared With FSZZX
Investors most often compare FSZZX with DRESX, GLLSX, PDEZX. These 5 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Driehaus Emerging Markets Small Cap Growth Fund | Emerging Markets Diversified | 81 | 20.11% | — | Aug 2011 | FSZZX vs DRESX | |
| abrdn Emerging Markets ex-China Fund | Emerging Markets Diversified | 96 | 46.58% | — | Aug 2000 | FSZZX vs GLLSX | |
| PGIM Jennison Emerging Markets Equity Opportunitie... | Emerging Markets Diversified | 58 | 34.32% | — | Sep 2014 | FSZZX vs PDEZX | |
| TIAA-CREF Emerging Markets Equity Index Fund | Emerging Markets Diversified | 90 | 30.13% | — | Aug 2010 | FSZZX vs TEQLX | |
| Parametric Tax-Managed Emerging Markets Fund | Emerging Markets Diversified | 78 | 13.22% | — | Jun 1998 | FSZZX vs EITEX |
Compare FSZZX with Any Fund or Stock
Compare FSZZX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FSZZX with funds that move differently
Fidelity Sustainable Emerging Markets Equity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FSZZX.
Explore FSZZX Diversifiers