FEDAX vs. FAMKX
Compare and contrast key facts about Fidelity Advisor Emerging Markets Discovery Fund Class A (FEDAX) and Fidelity Advisor Focused Emerging Markets Fund Class A (FAMKX).
FEDAX is managed by Fidelity. It was launched on Nov 1, 2011. FAMKX is managed by Fidelity. It was launched on Mar 29, 2004.
Performance
FEDAX vs. FAMKX - Performance Comparison
Loading graphics...
FEDAX vs. FAMKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEDAX Fidelity Advisor Emerging Markets Discovery Fund Class A | 4.10% | 31.49% | -3.90% | 20.38% | -12.13% | 6.39% | 16.62% | 19.32% | -19.19% | 36.46% |
FAMKX Fidelity Advisor Focused Emerging Markets Fund Class A | 0.85% | 39.76% | 9.01% | 8.12% | -20.09% | -2.90% | 30.05% | 29.29% | -18.32% | 46.52% |
Returns By Period
In the year-to-date period, FEDAX achieves a 4.10% return, which is significantly higher than FAMKX's 0.85% return. Over the past 10 years, FEDAX has underperformed FAMKX with an annualized return of 9.23%, while FAMKX has yielded a comparatively higher 10.07% annualized return.
FEDAX
- 1D
- -0.75%
- 1M
- -9.21%
- YTD
- 4.10%
- 6M
- 10.12%
- 1Y
- 34.84%
- 3Y*
- 14.63%
- 5Y*
- 7.41%
- 10Y*
- 9.23%
FAMKX
- 1D
- -0.97%
- 1M
- -13.15%
- YTD
- 0.85%
- 6M
- 6.45%
- 1Y
- 32.95%
- 3Y*
- 17.10%
- 5Y*
- 4.48%
- 10Y*
- 10.07%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FEDAX vs. FAMKX - Expense Ratio Comparison
FEDAX has a 1.49% expense ratio, which is higher than FAMKX's 1.32% expense ratio.
Return for Risk
FEDAX vs. FAMKX — Risk / Return Rank
FEDAX
FAMKX
FEDAX vs. FAMKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Emerging Markets Discovery Fund Class A (FEDAX) and Fidelity Advisor Focused Emerging Markets Fund Class A (FAMKX). 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.
| FEDAX | FAMKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.36 | 1.74 | +0.62 |
Sortino ratioReturn per unit of downside risk | 2.95 | 2.22 | +0.74 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.34 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 3.15 | 2.13 | +1.02 |
Martin ratioReturn relative to average drawdown | 12.43 | 8.25 | +4.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FEDAX | FAMKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.36 | 1.74 | +0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.24 | +0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.54 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.39 | +0.11 |
Correlation
The correlation between FEDAX and FAMKX is 0.88, 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.
Dividends
FEDAX vs. FAMKX - Dividend Comparison
FEDAX's dividend yield for the trailing twelve months is around 4.39%, more than FAMKX's 1.32% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEDAX Fidelity Advisor Emerging Markets Discovery Fund Class A | 4.39% | 4.57% | 3.79% | 1.85% | 1.41% | 11.64% | 0.31% | 0.74% | 1.54% | 1.50% | 1.13% | 0.52% |
FAMKX Fidelity Advisor Focused Emerging Markets Fund Class A | 1.32% | 1.33% | 0.74% | 1.25% | 0.76% | 4.87% | 1.84% | 10.64% | 0.17% | 0.10% | 0.03% | 0.00% |
Drawdowns
FEDAX vs. FAMKX - Drawdown Comparison
The maximum FEDAX drawdown since its inception was -43.35%, smaller than the maximum FAMKX drawdown of -70.11%. Use the drawdown chart below to compare losses from any high point for FEDAX and FAMKX.
Loading graphics...
Drawdown Indicators
| FEDAX | FAMKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.35% | -70.11% | +26.76% |
Max Drawdown (1Y)Largest decline over 1 year | -9.95% | -13.73% | +3.78% |
Max Drawdown (5Y)Largest decline over 5 years | -27.68% | -40.76% | +13.08% |
Max Drawdown (10Y)Largest decline over 10 years | -43.35% | -42.16% | -1.19% |
Current DrawdownCurrent decline from peak | -9.58% | -13.73% | +4.15% |
Average DrawdownAverage peak-to-trough decline | -9.06% | -20.60% | +11.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 3.55% | -1.03% |
Volatility
FEDAX vs. FAMKX - Volatility Comparison
The current volatility for Fidelity Advisor Emerging Markets Discovery Fund Class A (FEDAX) is 6.48%, while Fidelity Advisor Focused Emerging Markets Fund Class A (FAMKX) has a volatility of 8.51%. This indicates that FEDAX experiences smaller price fluctuations and is considered to be less risky than FAMKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FEDAX | FAMKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.48% | 8.51% | -2.03% |
Volatility (6M)Calculated over the trailing 6-month period | 9.76% | 13.09% | -3.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.38% | 18.40% | -4.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.98% | 18.46% | -4.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.67% | 18.56% | -2.89% |