PortfoliosLab logo
FDEM vs. IGRO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FDEM and IGRO 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.


-0.50.00.51.0
Correlation: 0.6

Performance

FDEM vs. IGRO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Emerging Markets Multifactor ETF (FDEM) and iShares International Dividend Growth ETF (IGRO). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%60.00%NovemberDecember2025FebruaryMarchApril
25.68%
61.19%
FDEM
IGRO

Key characteristics

Sharpe Ratio

FDEM:

0.54

IGRO:

1.03

Sortino Ratio

FDEM:

0.87

IGRO:

1.46

Omega Ratio

FDEM:

1.11

IGRO:

1.20

Calmar Ratio

FDEM:

0.58

IGRO:

1.39

Martin Ratio

FDEM:

1.92

IGRO:

3.42

Ulcer Index

FDEM:

4.82%

IGRO:

4.52%

Daily Std Dev

FDEM:

17.29%

IGRO:

15.01%

Max Drawdown

FDEM:

-33.65%

IGRO:

-36.25%

Current Drawdown

FDEM:

-5.71%

IGRO:

-0.44%

Returns By Period

In the year-to-date period, FDEM achieves a 1.59% return, which is significantly lower than IGRO's 9.73% return.


FDEM

YTD

1.59%

1M

-1.39%

6M

-1.56%

1Y

8.42%

5Y*

8.51%

10Y*

N/A

IGRO

YTD

9.73%

1M

2.03%

6M

3.78%

1Y

15.93%

5Y*

12.63%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


FDEM vs. IGRO - Expense Ratio Comparison

FDEM has a 0.45% expense ratio, which is higher than IGRO's 0.22% expense ratio.


Expense ratio chart for FDEM: current value is 0.45%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FDEM: 0.45%
Expense ratio chart for IGRO: current value is 0.22%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IGRO: 0.22%

Risk-Adjusted Performance

FDEM vs. IGRO — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDEM
The Risk-Adjusted Performance Rank of FDEM is 6060
Overall Rank
The Sharpe Ratio Rank of FDEM is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of FDEM is 5959
Sortino Ratio Rank
The Omega Ratio Rank of FDEM is 5757
Omega Ratio Rank
The Calmar Ratio Rank of FDEM is 6767
Calmar Ratio Rank
The Martin Ratio Rank of FDEM is 5858
Martin Ratio Rank

IGRO
The Risk-Adjusted Performance Rank of IGRO is 8181
Overall Rank
The Sharpe Ratio Rank of IGRO is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of IGRO is 7979
Sortino Ratio Rank
The Omega Ratio Rank of IGRO is 8080
Omega Ratio Rank
The Calmar Ratio Rank of IGRO is 8888
Calmar Ratio Rank
The Martin Ratio Rank of IGRO is 7777
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FDEM vs. IGRO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets Multifactor ETF (FDEM) and iShares International Dividend Growth ETF (IGRO). 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.


The chart of Sharpe ratio for FDEM, currently valued at 0.54, compared to the broader market-1.000.001.002.003.004.00
FDEM: 0.54
IGRO: 1.03
The chart of Sortino ratio for FDEM, currently valued at 0.87, compared to the broader market-2.000.002.004.006.008.00
FDEM: 0.87
IGRO: 1.46
The chart of Omega ratio for FDEM, currently valued at 1.11, compared to the broader market0.501.001.502.002.50
FDEM: 1.11
IGRO: 1.20
The chart of Calmar ratio for FDEM, currently valued at 0.58, compared to the broader market0.002.004.006.008.0010.0012.00
FDEM: 0.58
IGRO: 1.39
The chart of Martin ratio for FDEM, currently valued at 1.92, compared to the broader market0.0020.0040.0060.00
FDEM: 1.92
IGRO: 3.42

The current FDEM Sharpe Ratio is 0.54, which is lower than the IGRO Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of FDEM and IGRO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
0.54
1.03
FDEM
IGRO

Dividends

FDEM vs. IGRO - Dividend Comparison

FDEM's dividend yield for the trailing twelve months is around 4.14%, more than IGRO's 2.19% yield.


TTM202420232022202120202019201820172016
FDEM
Fidelity Emerging Markets Multifactor ETF
4.14%4.05%4.41%3.95%2.71%1.84%2.39%0.00%0.00%0.00%
IGRO
iShares International Dividend Growth ETF
2.19%2.44%2.79%2.69%2.27%2.41%2.65%2.97%2.43%1.18%

Drawdowns

FDEM vs. IGRO - Drawdown Comparison

The maximum FDEM drawdown since its inception was -33.65%, smaller than the maximum IGRO drawdown of -36.25%. Use the drawdown chart below to compare losses from any high point for FDEM and IGRO. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-5.71%
-0.44%
FDEM
IGRO

Volatility

FDEM vs. IGRO - Volatility Comparison

Fidelity Emerging Markets Multifactor ETF (FDEM) has a higher volatility of 10.53% compared to iShares International Dividend Growth ETF (IGRO) at 9.13%. This indicates that FDEM's price experiences larger fluctuations and is considered to be riskier than IGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%NovemberDecember2025FebruaryMarchApril
10.53%
9.13%
FDEM
IGRO