Correlation
The correlation between FDIKX and FIDKX is 0.78, 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.
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.
Performance
FDIKX vs. FIDKX - Performance Comparison
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Key characteristics
FDIKX:
0.74
FIDKX:
0.80
FDIKX:
1.02
FIDKX:
1.10
FDIKX:
1.14
FIDKX:
1.15
FDIKX:
0.83
FIDKX:
0.91
FDIKX:
2.83
FIDKX:
3.12
FDIKX:
4.31%
FIDKX:
4.29%
FDIKX:
18.55%
FIDKX:
18.62%
FDIKX:
-57.95%
FIDKX:
-56.79%
FDIKX:
-0.88%
FIDKX:
-0.54%
Returns By Period
The year-to-date returns for both stocks are quite close, with FDIKX having a 15.29% return and FIDKX slightly lower at 15.18%. Both investments have delivered pretty close results over the past 10 years, with FDIKX having a 6.42% annualized return and FIDKX not far behind at 6.36%.
FDIKX
15.29%
5.12%
11.49%
13.68%
11.06%
9.82%
6.42%
FIDKX
15.18%
5.80%
11.71%
14.78%
10.42%
9.97%
6.36%
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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.
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Dividends
FDIKX vs. FIDKX - Dividend Comparison
FDIKX's dividend yield for the trailing twelve months is around 3.47%, more than FIDKX's 2.62% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIKX Fidelity Diversified International Fund Class K | 3.47% | 4.00% | 4.40% | 1.48% | 10.71% | 1.07% | 1.42% | 7.48% | 5.43% | 1.50% | 1.49% | 3.96% |
FIDKX Fidelity International Discovery Fund Class K | 2.62% | 3.01% | 2.02% | 0.47% | 11.39% | 3.78% | 2.43% | 4.00% | 5.24% | 1.96% | 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.
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Volatility
FDIKX vs. FIDKX - Volatility Comparison
Fidelity Diversified International Fund Class K (FDIKX) has a higher volatility of 3.25% compared to Fidelity International Discovery Fund Class K (FIDKX) at 3.02%. This indicates that FDIKX's price experiences larger fluctuations and is considered to be riskier than FIDKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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