FCOM vs. EIMI.L
Compare and contrast key facts about Fidelity MSCI Communication Services Index ETF (FCOM) and iShares Core MSCI EM IMI UCITS ETF (EIMI.L).
FCOM and EIMI.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FCOM is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Telecommunication Services 25/50 Index. It was launched on Oct 21, 2013. EIMI.L is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Investable Market Index. It was launched on May 30, 2014. Both FCOM and EIMI.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCOM or EIMI.L.
Key characteristics
| FCOM | EIMI.L | |
|---|---|---|
| YTD Return | 9.73% | 4.50% |
| 1Y Return | 34.61% | 13.41% |
| 3Y Return (Ann) | -1.40% | -3.98% |
| 5Y Return (Ann) | 8.49% | 2.78% |
| Sharpe Ratio | 1.99 | 0.88 |
| Daily Std Dev | 17.15% | 14.93% |
| Max Drawdown | -46.76% | -38.73% |
| Current Drawdown | -12.40% | -17.36% |
Correlation
The correlation between FCOM and EIMI.L is 0.40, 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
FCOM vs. EIMI.L - Performance Comparison
In the year-to-date period, FCOM achieves a 9.73% return, which is significantly higher than EIMI.L's 4.50% 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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FCOM vs. EIMI.L - Expense Ratio Comparison
FCOM has a 0.08% expense ratio, which is lower than EIMI.L's 0.18% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FCOM vs. EIMI.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity MSCI Communication Services Index ETF (FCOM) and iShares Core MSCI EM IMI UCITS ETF (EIMI.L). 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
FCOM vs. EIMI.L - Dividend Comparison
FCOM's dividend yield for the trailing twelve months is around 0.76%, while EIMI.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCOM Fidelity MSCI Communication Services Index ETF | 0.76% | 0.77% | 1.04% | 0.90% | 0.68% | 0.86% | 2.78% | 7.54% | 2.25% | 2.92% | 2.69% | 0.25% |
EIMI.L iShares Core MSCI EM IMI UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FCOM vs. EIMI.L - Drawdown Comparison
The maximum FCOM drawdown since its inception was -46.76%, which is greater than EIMI.L's maximum drawdown of -38.73%. Use the drawdown chart below to compare losses from any high point for FCOM and EIMI.L. For additional features, visit the drawdowns tool.
Volatility
FCOM vs. EIMI.L - Volatility Comparison
Fidelity MSCI Communication Services Index ETF (FCOM) has a higher volatility of 6.81% compared to iShares Core MSCI EM IMI UCITS ETF (EIMI.L) at 4.59%. This indicates that FCOM's price experiences larger fluctuations and is considered to be riskier than EIMI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.