PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
FAMKX vs. FEDTX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

FAMKX vs. FEDTX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Advisor Focused Emerging Markets Fund Class A (FAMKX) and Fidelity Advisor Emerging Markets Discovery Fund Class M (FEDTX).

FAMKX is managed by Fidelity. It was launched on Mar 29, 2004. FEDTX is managed by Fidelity. It was launched on Nov 1, 2011.

Performance

FAMKX vs. FEDTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Focused Emerging Markets Fund Class A (FAMKX) and Fidelity Advisor Emerging Markets Discovery Fund Class M (FEDTX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

FAMKX vs. FEDTX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FAMKX
Fidelity Advisor Focused Emerging Markets Fund Class A		0.85%39.76%9.01%8.12%-20.09%-2.90%30.05%29.29%-18.32%46.52%
FEDTX
Fidelity Advisor Emerging Markets Discovery Fund Class M		3.99%31.19%-4.16%20.12%-12.35%6.05%16.31%18.91%-19.40%36.42%

Returns By Period

In the year-to-date period, FAMKX achieves a 0.85% return, which is significantly lower than FEDTX's 3.99% return. Over the past 10 years, FAMKX has outperformed FEDTX with an annualized return of 10.07%, while FEDTX has yielded a comparatively lower 8.96% annualized return.

FAMKX

1D
-0.97%
1M
-13.15%
YTD
0.85%
6M
6.45%
1Y
32.95%
3Y*
17.10%
5Y*
4.48%
10Y*
10.07%

FEDTX

1D
-0.75%
1M
-9.25%
YTD
3.99%
6M
10.01%
1Y
34.47%
3Y*
14.34%
5Y*
7.13%
10Y*
8.96%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fidelity Advisor Focused Emerging Markets Fund Class A

Fidelity Advisor Emerging Markets Discovery Fund Class M

Often compared with FAMKX:
FAMKX vs. VOOFAMKX vs. FHKFXFAMKX vs. FGKPXFAMKX vs. FEDIXFAMKX vs. CNWIXFAMKX vs. DEMAXFAMKX vs. FIQGX
Often compared with FEDTX:
FEDTX vs. QQQMFEDTX vs. SCHDFEDTX vs. PZIEXFEDTX vs. PEAFXFEDTX vs. VEIEXFEDTX vs. FEDDXFEDTX vs. FEMKX

FAMKX vs. FEDTX - Expense Ratio Comparison

FAMKX has a 1.32% expense ratio, which is lower than FEDTX's 1.76% expense ratio.

FEDTX
Fidelity Advisor Emerging Markets Discovery Fund Class M
FAMKX
Fidelity Advisor Focused Emerging Markets Fund Class A

Return for Risk

FAMKX vs. FEDTX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FAMKX
FAMKX Risk / Return Rank: 8585
Overall Rank
FAMKX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
FAMKX Sortino Ratio Rank: 8585
Sortino Ratio Rank
FAMKX Omega Ratio Rank: 8383
Omega Ratio Rank
FAMKX Calmar Ratio Rank: 8585
Calmar Ratio Rank
FAMKX Martin Ratio Rank: 8282
Martin Ratio Rank
FEDTX
FEDTX Risk / Return Rank: 9494
Overall Rank
FEDTX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
FEDTX Sortino Ratio Rank: 9393
Sortino Ratio Rank
FEDTX Omega Ratio Rank: 9292
Omega Ratio Rank
FEDTX Calmar Ratio Rank: 9494
Calmar Ratio Rank
FEDTX Martin Ratio Rank: 9494
Martin Ratio Rank
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.

FAMKX vs. FEDTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Focused Emerging Markets Fund Class A (FAMKX) and Fidelity Advisor Emerging Markets Discovery Fund Class M (FEDTX). 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.

FAMKXFEDTXDifference

Sharpe ratio

Return per unit of total volatility

1.74

2.35

-0.61

Sortino ratio

Return per unit of downside risk

2.22

2.95

-0.73

Omega ratio

Gain probability vs. loss probability

1.34

1.45

-0.11

Calmar ratio

Return relative to maximum drawdown

2.13

3.12

-0.98

Martin ratio

Return relative to average drawdown

8.25

12.26

-4.01

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FAMKX vs. FEDTX - Sharpe Ratio Comparison

The current FAMKX Sharpe Ratio is 1.74, which is comparable to the FEDTX Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of FAMKX and FEDTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

FAMKXFEDTXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.74

2.35

-0.61

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.24

0.51

-0.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

0.58

-0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

0.48

-0.09

Correlation

The correlation between FAMKX and FEDTX is 0.88, 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.

Dividends

FAMKX vs. FEDTX - Dividend Comparison

FAMKX's dividend yield for the trailing twelve months is around 1.32%, less than FEDTX's 4.14% yield.

TTM20252024202320222021202020192018201720162015
FAMKX
Fidelity Advisor Focused Emerging Markets Fund Class A		1.32%1.33%0.74%1.25%0.76%4.87%1.84%10.64%0.17%0.10%0.03%0.00%
FEDTX
Fidelity Advisor Emerging Markets Discovery Fund Class M		4.14%4.31%3.30%1.63%1.10%11.36%0.05%0.48%0.87%1.51%0.95%0.22%

Drawdowns

FAMKX vs. FEDTX - Drawdown Comparison

The maximum FAMKX drawdown since its inception was -70.11%, which is greater than FEDTX's maximum drawdown of -43.70%. Use the drawdown chart below to compare losses from any high point for FAMKX and FEDTX.

Loading graphics...

Drawdown Indicators

FAMKXFEDTXDifference

Max Drawdown

Largest peak-to-trough decline

-70.11%

-43.70%

-26.41%

Max Drawdown (1Y)

Largest decline over 1 year

-13.73%

-9.94%

-3.79%

Max Drawdown (5Y)

Largest decline over 5 years

-40.76%

-27.91%

-12.85%

Max Drawdown (10Y)

Largest decline over 10 years

-42.16%

-43.70%

+1.54%

Current Drawdown

Current decline from peak

-13.73%

-9.62%

-4.11%

Average Drawdown

Average peak-to-trough decline

-20.60%

-9.26%

-11.34%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.55%

2.53%

+1.02%

Volatility

FAMKX vs. FEDTX - Volatility Comparison

Fidelity Advisor Focused Emerging Markets Fund Class A (FAMKX) has a higher volatility of 8.51% compared to Fidelity Advisor Emerging Markets Discovery Fund Class M (FEDTX) at 6.43%. This indicates that FAMKX's price experiences larger fluctuations and is considered to be riskier than FEDTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

FAMKXFEDTXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.51%

6.43%

+2.08%

Volatility (6M)

Calculated over the trailing 6-month period

13.09%

9.71%

+3.38%

Volatility (1Y)

Calculated over the trailing 1-year period

18.40%

14.32%

+4.08%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.46%

13.96%

+4.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.56%

15.63%

+2.93%