FECMX vs. VYMI
FECMX (Fidelity Advisor Emerging Markets Fund Class I) and VYMI (Vanguard International High Dividend Yield ETF) are both funds - FECMX is a Emerging Markets Equities fund actively managed by Fidelity, while VYMI is a Dividend fund tracking the FTSE All-World ex US High Dividend Yield Index. FECMX is actively managed, while VYMI is passively managed. Over the past 5 years, FECMX returned 6.05%/yr vs 14.02%/yr for VYMI. Their 0.70 correlation means they have sometimes moved together and sometimes differently. FECMX charges 0.87%/yr vs 0.07%/yr for VYMI.
Performance
FECMX vs. VYMI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FECMX achieves a 13.90% return, which is significantly lower than VYMI's 17.41% return.
FECMX
- 1D
- 3.85%
- 1M
- -4.45%
- 6M
- 6.73%
- YTD
- 13.90%
- 1Y
- 33.27%
- 3Y*
- 16.56%
- 5Y*
- 6.05%
- 10Y*
- —
- ALL TIME*
- 5.60%
VYMI
- 1D
- -0.51%
- 1M
- 4.32%
- 6M
- 11.07%
- YTD
- 17.41%
- 1Y
- 34.68%
- 3Y*
- 21.98%
- 5Y*
- 14.02%
- 10Y*
- 11.09%
- ALL TIME*
- 11.35%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $78.22M | $82.35M | $92.64M |
FECMX vs. VYMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FECMX Fidelity Advisor Emerging Markets Fund Class I | 13.90% | 31.00% | 7.13% | 15.15% | -27.49% | -0.57% |
VYMI Vanguard International High Dividend Yield ETF | 17.41% | 38.05% | 7.06% | 17.07% | -7.02% | 0.57% |
Correlation
The correlation between FECMX and VYMI is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.59 |
Correlation (3Y) Balances recent behavior with more history. | 0.65 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.70 |
Correlation (All Time) Calculated using the full available price history since May 19, 2021 | 0.70 |
The correlation between FECMX and VYMI shifts across timeframes, from 0.59 (1 year) to 0.70 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FECMX vs. VYMI — Risk / Return Rank
FECMX
VYMI
FECMX vs. VYMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Emerging Markets Fund Class I (FECMX) and Vanguard International High Dividend Yield ETF (VYMI). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FECMX | VYMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.36 | ||
| Sortino ratioReturn per unit of downside risk | -1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.48 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | 3.43 | -1.37 |
| Martin ratioReturn relative to average drawdown | 6.74 | 13.55 | -6.80 |
Loading charts...
Drawdowns
FECMX vs. VYMI - Drawdown Comparison
The maximum FECMX drawdown since its inception was -40.89%, roughly equal to the maximum VYMI drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for FECMX and VYMI.
Loading charts...
Drawdown Indicators
| FECMX | VYMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.89% | -40.00% | -0.89% |
Max Drawdown (1Y)Largest decline over 1 year | -14.94% | -10.14% | -4.80% |
Max Drawdown (3Y)Largest decline over 3 years | -19.14% | -12.84% | -6.30% |
Max Drawdown (5Y)Largest decline over 5 years | -40.50% | -24.05% | -16.45% |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.00% | — |
Current DrawdownCurrent decline from peak | -11.67% | -0.51% | -11.16% |
Average DrawdownAverage peak-to-trough decline | -15.61% | -6.23% | -9.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.56% | 2.56% | +2.00% |
Volatility
FECMX vs. VYMI - Volatility Comparison
Fidelity Advisor Emerging Markets Fund Class I (FECMX) has a higher volatility of 9.60% compared to Vanguard International High Dividend Yield ETF (VYMI) at 3.62%. This indicates that FECMX's price experiences larger fluctuations and is considered to be riskier than VYMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FECMX | VYMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.60% | 3.62% | +5.98% |
Volatility (6M)Calculated over the trailing 6-month period | 21.95% | 11.39% | +10.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.10% | 13.24% | +10.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.99% | 14.85% | +5.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.81% | 16.55% | +3.26% |
FECMX vs. VYMI - Expense Ratio Comparison
FECMX has a 0.87% expense ratio, which is higher than VYMI's 0.07% expense ratio.
Dividends
FECMX vs. VYMI - Dividend Comparison
FECMX's dividend yield for the trailing twelve months is around 0.04%, less than VYMI's 3.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FECMX Fidelity Advisor Emerging Markets Fund Class I | 0.04% | 0.04% | 0.64% | 1.13% | 0.86% | 6.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VYMI Vanguard International High Dividend Yield ETF | 3.48% | 3.68% | 4.84% | 4.58% | 4.70% | 4.30% | 3.22% | 4.20% | 4.29% | 3.21% | 2.39% |
Frequently Asked Questions
FECMX and VYMI have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FECMX has higher volatility (9.60%) compared to VYMI (3.62%). In terms of maximum drawdown, FECMX dropped -40.89% vs VYMI's -40.00%.
VYMI currently has the higher Sharpe Ratio (2.63 vs 1.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FECMX and VYMI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer