PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FDEM vs. OBEMX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FDEM and OBEMX is 0.73, 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.


-0.50.00.51.00.7

Performance

FDEM vs. OBEMX - Performance Comparison

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

10.00%15.00%20.00%25.00%30.00%35.00%40.00%45.00%JulyAugustSeptemberOctoberNovemberDecember
25.48%
10.28%
FDEM
OBEMX

Key characteristics

Returns By Period


FDEM

YTD

10.90%

1M

0.34%

6M

1.94%

1Y

12.56%

5Y*

3.52%

10Y*

N/A

OBEMX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

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. OBEMX - Expense Ratio Comparison

FDEM has a 0.45% expense ratio, which is lower than OBEMX's 1.75% expense ratio.


OBEMX
Oberweis Emerging Markets Fund
Expense ratio chart for OBEMX: current value at 1.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.75%
Expense ratio chart for FDEM: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

Risk-Adjusted Performance

FDEM vs. OBEMX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets Multifactor ETF (FDEM) and Oberweis Emerging Markets Fund (OBEMX). 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.


Sharpe ratio
The chart of Sharpe ratio for FDEM, currently valued at 1.08, compared to the broader market0.002.004.001.08-0.54
The chart of Sortino ratio for FDEM, currently valued at 1.59, compared to the broader market-2.000.002.004.006.008.0010.001.59-0.47
The chart of Omega ratio for FDEM, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.190.86
The chart of Calmar ratio for FDEM, currently valued at 1.23, compared to the broader market0.005.0010.0015.001.23-0.33
The chart of Martin ratio for FDEM, currently valued at 4.70, compared to the broader market0.0020.0040.0060.0080.00100.004.70-1.41
FDEM
OBEMX


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.08
-0.54
FDEM
OBEMX

Dividends

FDEM vs. OBEMX - Dividend Comparison

FDEM's dividend yield for the trailing twelve months is around 4.06%, while OBEMX has not paid dividends to shareholders.


TTM20232022202120202019
FDEM
Fidelity Emerging Markets Multifactor ETF
4.06%4.41%3.95%2.71%1.84%2.39%
OBEMX
Oberweis Emerging Markets Fund
129.68%0.51%2.78%14.68%0.00%0.00%

Drawdowns

FDEM vs. OBEMX - Drawdown Comparison


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.86%
-41.08%
FDEM
OBEMX

Volatility

FDEM vs. OBEMX - Volatility Comparison

Fidelity Emerging Markets Multifactor ETF (FDEM) has a higher volatility of 3.90% compared to Oberweis Emerging Markets Fund (OBEMX) at 0.00%. This indicates that FDEM's price experiences larger fluctuations and is considered to be riskier than OBEMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%JulyAugustSeptemberOctoberNovemberDecember
3.90%
0
FDEM
OBEMX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab