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FAMKX vs. VEMIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FAMKX vs. VEMIX - 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 Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX). The values are adjusted to include any dividend payments, if applicable.

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FAMKX vs. VEMIX - 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%
VEMIX
Vanguard Emerging Markets Stock Index Fund Institutional Shares
-2.51%24.80%11.38%8.85%-17.75%0.91%15.26%20.35%-14.55%31.42%

Returns By Period

In the year-to-date period, FAMKX achieves a 0.85% return, which is significantly higher than VEMIX's -2.51% return. Over the past 10 years, FAMKX has outperformed VEMIX with an annualized return of 10.07%, while VEMIX has yielded a comparatively lower 7.32% 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%

VEMIX

1D
-0.84%
1M
-9.72%
YTD
-2.51%
6M
-1.15%
1Y
19.17%
3Y*
12.50%
5Y*
3.40%
10Y*
7.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FAMKX vs. VEMIX - Expense Ratio Comparison

FAMKX has a 1.32% expense ratio, which is higher than VEMIX's 0.10% expense ratio.


Return for Risk

FAMKX vs. VEMIX — 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

VEMIX
VEMIX Risk / Return Rank: 6767
Overall Rank
VEMIX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
VEMIX Sortino Ratio Rank: 7070
Sortino Ratio Rank
VEMIX Omega Ratio Rank: 6464
Omega Ratio Rank
VEMIX Calmar Ratio Rank: 6868
Calmar Ratio Rank
VEMIX Martin Ratio Rank: 6060
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. VEMIX - 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 Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX). 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.


FAMKXVEMIXDifference

Sharpe ratio

Return per unit of total volatility

1.74

1.24

+0.50

Sortino ratio

Return per unit of downside risk

2.22

1.70

+0.51

Omega ratio

Gain probability vs. loss probability

1.34

1.24

+0.10

Calmar ratio

Return relative to maximum drawdown

2.13

1.53

+0.60

Martin ratio

Return relative to average drawdown

8.25

5.69

+2.56

FAMKX vs. VEMIX - Sharpe Ratio Comparison

The current FAMKX Sharpe Ratio is 1.74, which is higher than the VEMIX Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of FAMKX and VEMIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FAMKXVEMIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.74

1.24

+0.50

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.24

0.23

+0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

0.45

+0.10

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

0.33

+0.05

Correlation

The correlation between FAMKX and VEMIX is 0.95, 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. VEMIX - Dividend Comparison

FAMKX's dividend yield for the trailing twelve months is around 1.32%, less than VEMIX's 2.76% 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%
VEMIX
Vanguard Emerging Markets Stock Index Fund Institutional Shares
2.76%2.77%3.17%3.51%4.09%2.61%1.90%3.23%2.89%2.33%2.55%2.51%

Drawdowns

FAMKX vs. VEMIX - Drawdown Comparison

The maximum FAMKX drawdown since its inception was -70.11%, which is greater than VEMIX's maximum drawdown of -66.43%. Use the drawdown chart below to compare losses from any high point for FAMKX and VEMIX.


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Drawdown Indicators


FAMKXVEMIXDifference

Max Drawdown

Largest peak-to-trough decline

-70.11%

-66.43%

-3.68%

Max Drawdown (1Y)

Largest decline over 1 year

-13.73%

-11.09%

-2.64%

Max Drawdown (5Y)

Largest decline over 5 years

-40.76%

-32.56%

-8.20%

Max Drawdown (10Y)

Largest decline over 10 years

-42.16%

-36.04%

-6.12%

Current Drawdown

Current decline from peak

-13.73%

-11.05%

-2.68%

Average Drawdown

Average peak-to-trough decline

-20.60%

-16.08%

-4.52%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.55%

2.99%

+0.56%

Volatility

FAMKX vs. VEMIX - Volatility Comparison

Fidelity Advisor Focused Emerging Markets Fund Class A (FAMKX) has a higher volatility of 8.51% compared to Vanguard Emerging Markets Stock Index Fund Institutional Shares (VEMIX) at 6.36%. This indicates that FAMKX's price experiences larger fluctuations and is considered to be riskier than VEMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FAMKXVEMIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.51%

6.36%

+2.15%

Volatility (6M)

Calculated over the trailing 6-month period

13.09%

10.71%

+2.38%

Volatility (1Y)

Calculated over the trailing 1-year period

18.40%

15.25%

+3.15%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.46%

15.18%

+3.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.56%

16.37%

+2.19%