FDIKX vs. FIDKX
Compare and contrast key facts about Fidelity Diversified International Fund Class K (FDIKX) and Fidelity International Discovery Fund Class K (FIDKX).
FDIKX is managed by Fidelity. It was launched on May 9, 2008. FIDKX is managed by Fidelity. It was launched on May 9, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDIKX or FIDKX.
Correlation
The correlation between FDIKX and FIDKX is 0.98, 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.
Performance
FDIKX vs. FIDKX - Performance Comparison
Key characteristics
FDIKX:
0.29
FIDKX:
0.43
FDIKX:
0.54
FIDKX:
0.72
FDIKX:
1.07
FIDKX:
1.10
FDIKX:
0.23
FIDKX:
0.38
FDIKX:
1.13
FIDKX:
1.87
FDIKX:
4.84%
FIDKX:
4.26%
FDIKX:
18.63%
FIDKX:
18.61%
FDIKX:
-57.95%
FIDKX:
-56.79%
FDIKX:
-15.22%
FIDKX:
-12.13%
Returns By Period
In the year-to-date period, FDIKX achieves a 4.64% return, which is significantly higher than FIDKX's 3.63% return. Over the past 10 years, FDIKX has underperformed FIDKX with an annualized return of 2.94%, while FIDKX has yielded a comparatively higher 3.47% annualized return.
FDIKX
4.64%
-4.90%
-3.81%
6.20%
6.01%
2.94%
FIDKX
3.63%
-5.09%
-1.89%
8.44%
7.12%
3.47%
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FDIKX vs. FIDKX - Expense Ratio Comparison
FDIKX has a 0.91% expense ratio, which is higher than FIDKX's 0.90% expense ratio.
Risk-Adjusted Performance
FDIKX vs. FIDKX — Risk-Adjusted Performance Rank
FDIKX
FIDKX
FDIKX vs. FIDKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Diversified International Fund Class K (FDIKX) and Fidelity International Discovery Fund Class K (FIDKX). 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
FDIKX vs. FIDKX - Dividend Comparison
FDIKX's dividend yield for the trailing twelve months is around 2.02%, less than FIDKX's 2.91% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIKX Fidelity Diversified International Fund Class K | 2.02% | 2.12% | 1.82% | 0.52% | 1.27% | 0.13% | 1.42% | 1.50% | 1.20% | 1.29% | 2.52% | 5.26% |
FIDKX Fidelity International Discovery Fund Class K | 2.91% | 3.01% | 2.02% | 0.47% | 3.08% | 0.55% | 1.82% | 1.49% | 1.22% | 1.83% | 1.19% | 0.82% |
Drawdowns
FDIKX vs. FIDKX - Drawdown Comparison
The maximum FDIKX drawdown since its inception was -57.95%, roughly equal to the maximum FIDKX drawdown of -56.79%. Use the drawdown chart below to compare losses from any high point for FDIKX and FIDKX. For additional features, visit the drawdowns tool.
Volatility
FDIKX vs. FIDKX - Volatility Comparison
Fidelity Diversified International Fund Class K (FDIKX) and Fidelity International Discovery Fund Class K (FIDKX) have volatilities of 12.20% and 12.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.