Fidelity Advisor Focused Emerging Markets Fund Class Z (FZAEX)
The investment seeks capital appreciation. The fund normally invests at least 80% of assets in securities of issuers in emerging markets (countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets with similar emerging characteristics) and other investments that are tied economically to emerging markets. It normally invests primarily in common stocks. The fund allocates investments across different emerging market countries.
Fund Info
| ISIN | US3159201652 |
|---|---|
| Issuer | Fidelity |
| Inception Date | Aug 13, 2013 |
| Category | Emerging Markets Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FZAEX has a high expense ratio of 0.90%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: FZAEX vs. FKEMX, FZAEX vs. EDIV
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Focused Emerging Markets Fund Class Z, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Advisor Focused Emerging Markets Fund Class Z had a return of 10.89% year-to-date (YTD) and 19.36% in the last 12 months. Over the past 10 years, Fidelity Advisor Focused Emerging Markets Fund Class Z had an annualized return of 5.91%, while the S&P 500 had an annualized return of 10.79%, indicating that Fidelity Advisor Focused Emerging Markets Fund Class Z did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.89% | 9.47% |
| 1 month | 7.35% | 1.91% |
| 6 months | 19.62% | 18.36% |
| 1 year | 19.36% | 26.61% |
| 5 years (annualized) | 6.96% | 12.90% |
| 10 years (annualized) | 5.91% | 10.79% |
Monthly Returns
The table below presents the monthly returns of FZAEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -5.94% | 4.37% | 4.94% | 2.01% | 10.89% | ||||||||
| 2023 | 9.26% | -7.34% | 2.30% | -0.29% | -3.59% | 5.31% | 5.94% | -6.95% | -3.34% | -3.49% | 9.14% | 3.22% | 8.60% |
| 2022 | 1.75% | -8.47% | -5.94% | -4.89% | 1.32% | -5.07% | -1.22% | 0.90% | -11.31% | -3.44% | 18.64% | -1.12% | -19.75% |
| 2021 | 3.96% | 0.32% | -0.63% | 1.06% | 2.94% | 0.10% | -7.06% | 1.98% | -4.22% | 1.71% | -4.20% | 2.13% | -2.50% |
| 2020 | -4.71% | -3.69% | -14.81% | 9.84% | 3.31% | 7.52% | 9.68% | 2.01% | -2.40% | 4.15% | 10.49% | 8.97% | 30.63% |
| 2019 | 9.62% | 1.81% | 3.42% | 3.48% | -5.33% | 6.14% | -1.18% | -3.70% | 2.59% | 1.75% | 0.38% | 8.58% | 29.94% |
| 2018 | 6.74% | -4.89% | -0.85% | -1.94% | -1.67% | -3.64% | 1.24% | -2.93% | -1.87% | -9.71% | 4.22% | -3.32% | -17.95% |
| 2017 | 6.01% | 2.60% | 4.41% | 4.26% | 3.56% | 1.78% | 5.12% | 2.69% | 1.04% | 3.24% | 1.00% | 3.90% | 47.47% |
| 2016 | -5.62% | -1.90% | 10.52% | 1.02% | -0.53% | 3.48% | 3.55% | 0.90% | 2.01% | -1.66% | -6.86% | -0.58% | 3.28% |
| 2015 | 0.27% | 3.73% | -1.11% | 1.73% | -2.26% | -1.26% | -4.19% | -8.38% | -2.71% | 7.59% | -1.63% | -1.47% | -10.08% |
| 2014 | -7.01% | 5.70% | 1.87% | -0.04% | 3.99% | 2.63% | -0.00% | 2.27% | -6.00% | 2.76% | 0.30% | -3.42% | 2.22% |
| 2013 | -1.67% | 7.73% | 5.23% | -0.79% | 0.26% | 10.88% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FZAEX is 39, 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.
FZAEX (Fidelity Advisor Focused Emerging Markets Fund Class Z)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Advisor Focused Emerging Markets Fund Class Z (FZAEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Advisor Focused Emerging Markets Fund Class Z granted a 1.52% dividend yield in the last twelve months. The annual payout for that period amounted to $0.48 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.48 | $0.48 | $0.33 | $1.80 | $0.81 | $3.17 | $0.19 | $0.18 | $0.13 | $0.07 | $0.32 | $0.33 |
Dividend yield | 1.52% | 1.69% | 1.23% | 5.35% | 2.23% | 11.13% | 0.78% | 0.61% | 0.63% | 0.34% | 1.42% | 1.49% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Focused Emerging Markets Fund Class Z. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $0.48 | $0.48 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.80 | $1.80 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 | $0.81 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.95 | $0.00 | $0.22 | $3.17 |
| 2018 | $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 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2016 | $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 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
| 2013 | $0.33 | $0.33 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Focused Emerging Markets Fund Class Z. 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 Advisor Focused Emerging Markets Fund Class Z was 41.73%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Fidelity Advisor Focused Emerging Markets Fund Class Z drawdown is 16.77%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -41.73% | Feb 18, 2021 | 425 | Oct 24, 2022 | — | — | — |
| -32.45% | Jan 14, 2020 | 48 | Mar 23, 2020 | 87 | Jul 27, 2020 | 135 |
| -27.42% | Jan 29, 2018 | 191 | Oct 29, 2018 | 300 | Jan 9, 2020 | 491 |
| -26.37% | Sep 4, 2014 | 348 | Jan 21, 2016 | 316 | Apr 24, 2017 | 664 |
| -10.43% | Oct 23, 2013 | 70 | Feb 3, 2014 | 68 | May 12, 2014 | 138 |
Volatility
Volatility Chart
The current Fidelity Advisor Focused Emerging Markets Fund Class Z volatility is 4.40%, 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.