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DEM vs. FEMKX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


DEMFEMKX
YTD Return9.96%12.78%
1Y Return18.52%21.30%
3Y Return (Ann)6.96%-3.32%
5Y Return (Ann)5.27%5.91%
10Y Return (Ann)4.51%6.50%
Sharpe Ratio1.301.60
Sortino Ratio1.862.31
Omega Ratio1.231.29
Calmar Ratio1.870.80
Martin Ratio6.677.91
Ulcer Index2.79%3.09%
Daily Std Dev14.32%15.21%
Max Drawdown-51.85%-71.06%
Current Drawdown-5.08%-15.27%

Correlation

-0.50.00.51.00.8

The correlation between DEM and FEMKX is 0.81, 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

DEM vs. FEMKX - Performance Comparison

In the year-to-date period, DEM achieves a 9.96% return, which is significantly lower than FEMKX's 12.78% return. Over the past 10 years, DEM has underperformed FEMKX with an annualized return of 4.51%, while FEMKX has yielded a comparatively higher 6.50% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.88%
6.19%
DEM
FEMKX

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DEM vs. FEMKX - Expense Ratio Comparison

DEM has a 0.63% expense ratio, which is lower than FEMKX's 0.88% expense ratio.


FEMKX
Fidelity Emerging Markets
Expense ratio chart for FEMKX: current value at 0.88% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.88%
Expense ratio chart for DEM: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%

Risk-Adjusted Performance

DEM vs. FEMKX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Emerging Markets Equity Income Fund (DEM) 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.


DEM
Sharpe ratio
The chart of Sharpe ratio for DEM, currently valued at 1.30, compared to the broader market0.002.004.006.001.30
Sortino ratio
The chart of Sortino ratio for DEM, currently valued at 1.86, compared to the broader market-2.000.002.004.006.008.0010.0012.001.86
Omega ratio
The chart of Omega ratio for DEM, currently valued at 1.23, compared to the broader market1.001.502.002.503.001.23
Calmar ratio
The chart of Calmar ratio for DEM, currently valued at 1.87, compared to the broader market0.005.0010.0015.001.87
Martin ratio
The chart of Martin ratio for DEM, currently valued at 6.67, compared to the broader market0.0020.0040.0060.0080.00100.00120.006.67
FEMKX
Sharpe ratio
The chart of Sharpe ratio for FEMKX, currently valued at 1.45, compared to the broader market0.002.004.006.001.45
Sortino ratio
The chart of Sortino ratio for FEMKX, currently valued at 2.11, compared to the broader market-2.000.002.004.006.008.0010.0012.002.11
Omega ratio
The chart of Omega ratio for FEMKX, currently valued at 1.26, compared to the broader market1.001.502.002.503.001.26
Calmar ratio
The chart of Calmar ratio for FEMKX, currently valued at 0.72, compared to the broader market0.005.0010.0015.000.72
Martin ratio
The chart of Martin ratio for FEMKX, currently valued at 7.09, compared to the broader market0.0020.0040.0060.0080.00100.00120.007.09

DEM vs. FEMKX - Sharpe Ratio Comparison

The current DEM Sharpe Ratio is 1.30, which is comparable to the FEMKX Sharpe Ratio of 1.60. The chart below compares the historical Sharpe Ratios of DEM and FEMKX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
1.30
1.45
DEM
FEMKX

Dividends

DEM vs. FEMKX - Dividend Comparison

DEM's dividend yield for the trailing twelve months is around 5.22%, more than FEMKX's 0.98% yield.


TTM20232022202120202019201820172016201520142013
DEM
WisdomTree Emerging Markets Equity Income Fund
5.22%5.49%8.62%5.87%4.21%4.78%4.47%3.67%3.63%5.21%5.51%4.10%
FEMKX
Fidelity Emerging Markets
0.98%1.11%0.77%1.06%0.20%1.71%0.81%0.49%0.67%0.51%1.24%0.08%

Drawdowns

DEM vs. FEMKX - Drawdown Comparison

The maximum DEM drawdown since its inception was -51.85%, smaller than the maximum FEMKX drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for DEM and FEMKX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-5.08%
-15.27%
DEM
FEMKX

Volatility

DEM vs. FEMKX - Volatility Comparison

WisdomTree Emerging Markets Equity Income Fund (DEM) has a higher volatility of 4.17% compared to Fidelity Emerging Markets (FEMKX) at 3.91%. This indicates that DEM's price experiences larger fluctuations and is considered to be riskier than FEMKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
4.17%
3.91%
DEM
FEMKX