FEDCX vs. EMB
Compare and contrast key facts about Fidelity Series Emerging Markets Debt Fund (FEDCX) and iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB).
FEDCX is managed by Fidelity. It was launched on Mar 17, 2011. EMB is a passively managed fund by iShares that tracks the performance of the JPMorgan EMBI Global Core Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEDCX or EMB.
Correlation
The correlation between FEDCX and EMB is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FEDCX vs. EMB - Performance Comparison
Key characteristics
FEDCX:
1.54
EMB:
1.04
FEDCX:
2.21
EMB:
1.52
FEDCX:
1.31
EMB:
1.19
FEDCX:
1.54
EMB:
0.61
FEDCX:
6.04
EMB:
5.13
FEDCX:
1.41%
EMB:
1.58%
FEDCX:
5.55%
EMB:
7.81%
FEDCX:
-24.92%
EMB:
-34.70%
FEDCX:
-2.57%
EMB:
-5.26%
Returns By Period
In the year-to-date period, FEDCX achieves a 0.91% return, which is significantly lower than EMB's 2.48% return. Over the past 10 years, FEDCX has outperformed EMB with an annualized return of 3.53%, while EMB has yielded a comparatively lower 2.41% annualized return.
FEDCX
0.91%
-1.72%
1.54%
8.11%
5.03%
3.53%
EMB
2.48%
-0.65%
1.64%
8.72%
3.03%
2.41%
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FEDCX vs. EMB - Expense Ratio Comparison
FEDCX has a 0.00% expense ratio, which is lower than EMB's 0.39% expense ratio.
Risk-Adjusted Performance
FEDCX vs. EMB — Risk-Adjusted Performance Rank
FEDCX
EMB
FEDCX vs. EMB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Emerging Markets Debt Fund (FEDCX) and iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB). 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
FEDCX vs. EMB - Dividend Comparison
FEDCX's dividend yield for the trailing twelve months is around 5.80%, more than EMB's 5.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEDCX Fidelity Series Emerging Markets Debt Fund | 5.80% | 5.66% | 6.03% | 5.74% | 4.53% | 4.99% | 5.89% | 6.08% | 7.35% | 6.16% | 6.57% | 6.74% |
EMB iShares J.P. Morgan USD Emerging Markets Bond ETF | 5.52% | 5.46% | 4.74% | 5.04% | 3.89% | 3.88% | 4.51% | 5.64% | 4.54% | 4.83% | 4.84% | 4.56% |
Drawdowns
FEDCX vs. EMB - Drawdown Comparison
The maximum FEDCX drawdown since its inception was -24.92%, smaller than the maximum EMB drawdown of -34.70%. Use the drawdown chart below to compare losses from any high point for FEDCX and EMB. For additional features, visit the drawdowns tool.
Volatility
FEDCX vs. EMB - Volatility Comparison
The current volatility for Fidelity Series Emerging Markets Debt Fund (FEDCX) is 3.37%, while iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) has a volatility of 4.76%. This indicates that FEDCX experiences smaller price fluctuations and is considered to be less risky than EMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.