CEMFX vs. FTEC
Compare and contrast key facts about Cullen Emerging Markets High Dividend Fund (CEMFX) and Fidelity MSCI Information Technology Index ETF (FTEC).
CEMFX is managed by Cullen Funds Trust. It was launched on Aug 30, 2012. FTEC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Information Technology Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CEMFX or FTEC.
Correlation
The correlation between CEMFX and FTEC is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CEMFX vs. FTEC - Performance Comparison
Key characteristics
CEMFX:
0.70
FTEC:
1.19
CEMFX:
0.99
FTEC:
1.64
CEMFX:
1.13
FTEC:
1.22
CEMFX:
0.77
FTEC:
1.75
CEMFX:
2.26
FTEC:
6.07
CEMFX:
4.02%
FTEC:
4.40%
CEMFX:
12.94%
FTEC:
22.46%
CEMFX:
-38.84%
FTEC:
-34.95%
CEMFX:
-2.62%
FTEC:
-1.20%
Returns By Period
In the year-to-date period, CEMFX achieves a 2.38% return, which is significantly lower than FTEC's 2.90% return. Over the past 10 years, CEMFX has underperformed FTEC with an annualized return of 5.49%, while FTEC has yielded a comparatively higher 20.49% annualized return.
CEMFX
2.38%
4.54%
3.17%
7.16%
7.64%
5.49%
FTEC
2.90%
2.66%
12.02%
25.30%
19.87%
20.49%
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CEMFX vs. FTEC - Expense Ratio Comparison
CEMFX has a 1.00% expense ratio, which is higher than FTEC's 0.08% expense ratio.
Risk-Adjusted Performance
CEMFX vs. FTEC — Risk-Adjusted Performance Rank
CEMFX
FTEC
CEMFX vs. FTEC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Cullen Emerging Markets High Dividend Fund (CEMFX) and Fidelity MSCI Information Technology Index ETF (FTEC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
CEMFX vs. FTEC - Dividend Comparison
CEMFX's dividend yield for the trailing twelve months is around 3.24%, more than FTEC's 0.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEMFX Cullen Emerging Markets High Dividend Fund | 3.24% | 3.31% | 4.68% | 4.81% | 2.62% | 2.13% | 4.16% | 3.15% | 3.58% | 3.66% | 4.60% | 3.53% |
FTEC Fidelity MSCI Information Technology Index ETF | 0.48% | 0.49% | 0.77% | 0.93% | 0.63% | 0.83% | 1.03% | 1.20% | 0.96% | 1.25% | 1.27% | 1.09% |
Drawdowns
CEMFX vs. FTEC - Drawdown Comparison
The maximum CEMFX drawdown since its inception was -38.84%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for CEMFX and FTEC. For additional features, visit the drawdowns tool.
Volatility
CEMFX vs. FTEC - Volatility Comparison
The current volatility for Cullen Emerging Markets High Dividend Fund (CEMFX) is 3.90%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 7.86%. This indicates that CEMFX experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.