DBEM vs. FEMKX
Compare and contrast key facts about Xtrackers MSCI Emerging Markets Hedged Equity ETF (DBEM) and Fidelity Emerging Markets (FEMKX).
DBEM is a passively managed fund by Deutsche Bank that tracks the performance of the MSCI EM US Dollar Hedged Index. It was launched on Jun 9, 2011. FEMKX is managed by Fidelity. It was launched on Nov 1, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DBEM or FEMKX.
Key characteristics
| DBEM | FEMKX | |
|---|---|---|
| YTD Return | 5.78% | 4.75% |
| 1Y Return | 13.79% | 14.27% |
| 3Y Return (Ann) | -3.21% | -5.25% |
| 5Y Return (Ann) | 3.06% | 5.52% |
| 10Y Return (Ann) | 3.64% | 5.94% |
| Sharpe Ratio | 0.99 | 1.03 |
| Daily Std Dev | 13.42% | 13.69% |
| Max Drawdown | -33.50% | -71.08% |
| Current Drawdown | -15.58% | -21.30% |
Correlation
The correlation between DBEM and FEMKX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DBEM vs. FEMKX - Performance Comparison
In the year-to-date period, DBEM achieves a 5.78% return, which is significantly higher than FEMKX's 4.75% return. Over the past 10 years, DBEM has underperformed FEMKX with an annualized return of 3.64%, while FEMKX has yielded a comparatively higher 5.94% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DBEM vs. FEMKX - Expense Ratio Comparison
DBEM has a 0.66% expense ratio, which is lower than FEMKX's 0.88% expense ratio.
Risk-Adjusted Performance
DBEM vs. FEMKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI Emerging Markets Hedged Equity ETF (DBEM) and Fidelity Emerging Markets (FEMKX). 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
DBEM vs. FEMKX - Dividend Comparison
DBEM's dividend yield for the trailing twelve months is around 2.41%, more than FEMKX's 1.06% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DBEM Xtrackers MSCI Emerging Markets Hedged Equity ETF | 2.41% | 2.55% | 2.65% | 1.77% | 1.74% | 2.59% | 2.85% | 1.51% | 1.59% | 3.49% | 2.08% | 1.99% |
FEMKX Fidelity Emerging Markets | 1.06% | 1.11% | 0.77% | 6.00% | 1.39% | 1.71% | 0.83% | 0.58% | 0.67% | 0.51% | 0.69% | 0.08% |
Drawdowns
DBEM vs. FEMKX - Drawdown Comparison
The maximum DBEM drawdown since its inception was -33.50%, smaller than the maximum FEMKX drawdown of -71.08%. Use the drawdown chart below to compare losses from any high point for DBEM and FEMKX. For additional features, visit the drawdowns tool.
Volatility
DBEM vs. FEMKX - Volatility Comparison
Xtrackers MSCI Emerging Markets Hedged Equity ETF (DBEM) and Fidelity Emerging Markets (FEMKX) have volatilities of 4.57% and 4.77%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.