EDIV vs. FPKFX

Last updated Jun 9, 2026

EDIV (SPDR S&P Emerging Markets Dividend ETF) and FPKFX (Fidelity Puritan K6 Fund) are both funds - EDIV is a Emerging Markets Equities fund tracking the S&P Emerging Markets Dividend Opportunities Index, while FPKFX is a Diversified Portfolio fund managed by Fidelity. Over the past 5 years, EDIV returned 10.20%/yr vs 8.87%/yr for FPKFX. A 0.57 correlation means they provide meaningful diversification when combined. EDIV charges 0.49%/yr vs 0.32%/yr for FPKFX.

Performance

EDIV vs. FPKFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR S&P Emerging Markets Dividend ETF (EDIV) and Fidelity Puritan K6 Fund (FPKFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EDIV achieves a 4.31% return, which is significantly lower than FPKFX's 7.31% return.

EDIV

• 1D: -0.17%
• 1M: -3.46%
• YTD: 4.31%
• 6M: 6.35%
• 1Y: 11.64%
• 3Y*: 16.98%
• 5Y*: 10.20%
• 10Y*: 8.98%

FPKFX

• 1D: -2.69%
• 1M: -0.43%
• YTD: 7.31%
• 6M: 7.15%
• 1Y: 18.91%
• 3Y*: 15.96%
• 5Y*: 8.87%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

EDIV vs. FPKFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
EDIV SPDR S&P Emerging Markets Dividend ETF	4.31%	16.45%	12.75%	41.91%	-15.31%	11.21%	-9.95%	4.76%
FPKFX Fidelity Puritan K6 Fund	7.31%	11.37%	18.95%	20.29%	-17.11%	19.10%	20.22%	9.41%

Correlation

The correlation between EDIV and FPKFX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.54
Correlation (All Time) Calculated using the full available price history since Jun 17, 2019	0.57

The correlation between EDIV and FPKFX shifts across timeframes, from 0.52 (3 years) to 0.68 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

EDIV vs. FPKFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EDIV

EDIV Risk / Return Rank: 27
EDIV Sharpe Ratio Rank: 28
EDIV Sortino Ratio Rank: 27
EDIV Omega Ratio Rank: 29
EDIV Calmar Ratio Rank: 26
EDIV Martin Ratio Rank: 27

FPKFX

FPKFX Risk / Return Rank: 49
FPKFX Sharpe Ratio Rank: 45
FPKFX Sortino Ratio Rank: 41
FPKFX Omega Ratio Rank: 46
FPKFX Calmar Ratio Rank: 51
FPKFX Martin Ratio Rank: 61

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EDIV vs. FPKFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Emerging Markets Dividend ETF (EDIV) and Fidelity Puritan K6 Fund (FPKFX). 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.

	EDIV	FPKFX	Difference
Sharpe ratio: Return per unit of total volatility	0.94	1.87	-0.93
Sortino ratio: Return per unit of downside risk	1.39	2.56	-1.17
Omega ratio: Gain probability vs. loss probability	1.18	1.35	-0.17
Calmar ratio: Return relative to maximum drawdown	1.13	2.60	-1.47
Martin ratio: Return relative to average drawdown	3.45	11.58	-8.14
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EDIV vs. FPKFX - Sharpe Ratio Comparison

The current EDIV Sharpe Ratio is 0.94, which is lower than the FPKFX Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of EDIV and FPKFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EDIV	FPKFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	1.87	-0.93
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.70	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.85	-0.69

Drawdowns

EDIV vs. FPKFX - Drawdown Comparison

The maximum EDIV drawdown since its inception was -53.36%, which is greater than FPKFX's maximum drawdown of -24.46%. Use the drawdown chart below to compare losses from any high point for EDIV and FPKFX.

Drawdown Indicators

	EDIV	FPKFX	Difference
Max Drawdown Largest peak-to-trough decline	-53.36%	-24.46%	-28.90%
Max Drawdown (1Y) Largest decline over 1 year	-10.36%	-7.48%	-2.88%
Max Drawdown (3Y) Largest decline over 3 years	-13.84%	-14.90%	+1.06%
Max Drawdown (5Y) Largest decline over 5 years	-28.32%	-22.33%	-5.99%
Max Drawdown (10Y) Largest decline over 10 years	-40.76%	—	—
Current Drawdown Current decline from peak	-5.97%	-2.69%	-3.28%
Average Drawdown Average peak-to-trough decline	-19.35%	-4.79%	-14.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	1.67%	+1.72%

Volatility

EDIV vs. FPKFX - Volatility Comparison

SPDR S&P Emerging Markets Dividend ETF (EDIV) and Fidelity Puritan K6 Fund (FPKFX) have volatilities of 4.14% and 4.06%, 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.

Volatility by Period

	EDIV	FPKFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.14%	4.06%	+0.08%
Volatility (6M) Calculated over the trailing 6-month period	10.31%	8.50%	+1.81%
Volatility (1Y) Calculated over the trailing 1-year period	12.42%	10.37%	+2.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.86%	12.69%	+1.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.50%	14.33%	+3.17%

EDIV vs. FPKFX - Expense Ratio Comparison

EDIV has a 0.49% expense ratio, which is higher than FPKFX's 0.32% expense ratio.

Dividends

EDIV vs. FPKFX - Dividend Comparison

EDIV's dividend yield for the trailing twelve months is around 4.59%, more than FPKFX's 3.91% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EDIV SPDR S&P Emerging Markets Dividend ETF	4.59%	4.69%	3.94%	4.26%	4.94%	3.84%	3.52%	3.83%	3.41%	2.99%	4.94%	5.33%
FPKFX Fidelity Puritan K6 Fund	3.91%	4.19%	3.83%	1.67%	1.62%	4.34%	1.40%	0.63%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both EDIV and FPKFX in my portfolio?

EDIV and FPKFX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EDIV or FPKFX?

EDIV has higher volatility (4.14%) compared to FPKFX (4.06%). In terms of maximum drawdown, EDIV dropped -53.36% vs FPKFX's -24.46%.

Which has better risk-adjusted returns?

FPKFX currently has the higher Sharpe Ratio (1.87 vs 0.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.