EMQQ vs. FSPSX
Compare and contrast key facts about Emerging Markets Internet & Ecommerce ETF (EMQQ) and Fidelity International Index Fund (FSPSX).
EMQQ is a passively managed fund by Exchange Traded Concepts that tracks the performance of the EMQQ The Emerging Markets Internet & Ecommerce Index. It was launched on Nov 13, 2014. FSPSX is managed by Fidelity. It was launched on Nov 5, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EMQQ or FSPSX.
Key characteristics
| EMQQ | FSPSX | |
|---|---|---|
| YTD Return | 5.42% | 2.55% |
| 1Y Return | 10.07% | 8.99% |
| 3Y Return (Ann) | -19.97% | 2.87% |
| 5Y Return (Ann) | -0.61% | 6.35% |
| Sharpe Ratio | 0.40 | 0.73 |
| Daily Std Dev | 24.54% | 11.92% |
| Max Drawdown | -73.24% | -33.69% |
| Current Drawdown | -59.55% | -3.32% |
Correlation
The correlation between EMQQ and FSPSX is 0.61, 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
EMQQ vs. FSPSX - Performance Comparison
In the year-to-date period, EMQQ achieves a 5.42% return, which is significantly higher than FSPSX's 2.55% 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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EMQQ vs. FSPSX - Expense Ratio Comparison
EMQQ has a 0.86% expense ratio, which is higher than FSPSX's 0.04% expense ratio.
Risk-Adjusted Performance
EMQQ vs. FSPSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Emerging Markets Internet & Ecommerce ETF (EMQQ) and Fidelity International Index Fund (FSPSX). 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
EMQQ vs. FSPSX - Dividend Comparison
EMQQ's dividend yield for the trailing twelve months is around 0.75%, less than FSPSX's 3.10% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EMQQ Emerging Markets Internet & Ecommerce ETF | 0.75% | 0.80% | 0.00% | 0.00% | 0.18% | 1.29% | 0.00% | 0.94% | 0.75% | 0.08% | 0.00% | 0.00% |
FSPSX Fidelity International Index Fund | 3.10% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.50% | 3.08% | 2.79% | 3.53% | 2.59% |
Drawdowns
EMQQ vs. FSPSX - Drawdown Comparison
The maximum EMQQ drawdown since its inception was -73.24%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for EMQQ and FSPSX. For additional features, visit the drawdowns tool.
Volatility
EMQQ vs. FSPSX - Volatility Comparison
Emerging Markets Internet & Ecommerce ETF (EMQQ) has a higher volatility of 6.17% compared to Fidelity International Index Fund (FSPSX) at 3.58%. This indicates that EMQQ's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.