FCPVX vs. FEMKX
Compare and contrast key facts about Fidelity Small Cap Value Fund (FCPVX) and Fidelity Emerging Markets (FEMKX).
FCPVX is managed by Fidelity. It was launched on Nov 3, 2004. FEMKX is managed by Fidelity. It was launched on Nov 1, 1990.
Performance
FCPVX vs. FEMKX - Performance Comparison
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FCPVX vs. FEMKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCPVX Fidelity Small Cap Value Fund | 1.90% | 8.13% | 9.41% | 17.77% | -13.07% | 38.08% | 11.18% | 20.86% | -15.47% | 12.26% |
FEMKX Fidelity Emerging Markets | 0.94% | 31.02% | 7.12% | 15.16% | -27.48% | 1.25% | 32.56% | 33.67% | -18.03% | 46.92% |
Returns By Period
In the year-to-date period, FCPVX achieves a 1.90% return, which is significantly higher than FEMKX's 0.94% return. Both investments have delivered pretty close results over the past 10 years, with FCPVX having a 9.75% annualized return and FEMKX not far ahead at 9.95%.
FCPVX
- 1D
- 2.77%
- 1M
- -6.68%
- YTD
- 1.90%
- 6M
- 3.51%
- 1Y
- 16.60%
- 3Y*
- 11.68%
- 5Y*
- 6.62%
- 10Y*
- 9.75%
FEMKX
- 1D
- 3.47%
- 1M
- -7.65%
- YTD
- 0.94%
- 6M
- 4.32%
- 1Y
- 32.96%
- 3Y*
- 14.61%
- 5Y*
- 2.97%
- 10Y*
- 9.95%
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FCPVX vs. FEMKX - Expense Ratio Comparison
FCPVX has a 0.99% expense ratio, which is higher than FEMKX's 0.88% expense ratio.
Return for Risk
FCPVX vs. FEMKX — Risk / Return Rank
FCPVX
FEMKX
FCPVX vs. FEMKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Value Fund (FCPVX) and Fidelity Emerging Markets (FEMKX). 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.
| FCPVX | FEMKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.77 | 1.74 | -0.97 |
Sortino ratioReturn per unit of downside risk | 1.23 | 2.35 | -1.11 |
Omega ratioGain probability vs. loss probability | 1.16 | 1.34 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 1.16 | 2.53 | -1.37 |
Martin ratioReturn relative to average drawdown | 4.30 | 9.48 | -5.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FCPVX | FEMKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.77 | 1.74 | -0.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.16 | +0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.54 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.30 | +0.14 |
Correlation
The correlation between FCPVX and FEMKX 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.
Dividends
FCPVX vs. FEMKX - Dividend Comparison
FCPVX's dividend yield for the trailing twelve months is around 9.96%, more than FEMKX's 0.05% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCPVX Fidelity Small Cap Value Fund | 9.96% | 10.15% | 6.13% | 5.20% | 5.92% | 7.95% | 0.46% | 3.49% | 36.44% | 3.64% | 7.12% | 11.09% |
FEMKX Fidelity Emerging Markets | 0.05% | 0.05% | 0.65% | 1.11% | 0.77% | 6.00% | 1.39% | 1.71% | 0.83% | 0.08% | 0.67% | 0.51% |
Drawdowns
FCPVX vs. FEMKX - Drawdown Comparison
The maximum FCPVX drawdown since its inception was -57.65%, smaller than the maximum FEMKX drawdown of -71.14%. Use the drawdown chart below to compare losses from any high point for FCPVX and FEMKX.
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Drawdown Indicators
| FCPVX | FEMKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.65% | -71.14% | +13.49% |
Max Drawdown (1Y)Largest decline over 1 year | -14.40% | -13.00% | -1.40% |
Max Drawdown (5Y)Largest decline over 5 years | -23.81% | -40.88% | +17.07% |
Max Drawdown (10Y)Largest decline over 10 years | -44.59% | -43.24% | -1.35% |
Current DrawdownCurrent decline from peak | -7.82% | -9.98% | +2.16% |
Average DrawdownAverage peak-to-trough decline | -8.02% | -26.06% | +18.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.88% | 3.47% | +0.41% |
Volatility
FCPVX vs. FEMKX - Volatility Comparison
The current volatility for Fidelity Small Cap Value Fund (FCPVX) is 6.37%, while Fidelity Emerging Markets (FEMKX) has a volatility of 10.00%. This indicates that FCPVX experiences smaller price fluctuations and is considered to be less risky than FEMKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCPVX | FEMKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.37% | 10.00% | -3.63% |
Volatility (6M)Calculated over the trailing 6-month period | 12.15% | 14.52% | -2.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.94% | 19.57% | +2.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.87% | 18.53% | +2.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.28% | 18.44% | +3.84% |