FEDCX vs. FBIIX
Compare and contrast key facts about Fidelity Series Emerging Markets Debt Fund (FEDCX) and Fidelity International Bond Index Fund (FBIIX).
FEDCX is managed by Fidelity. It was launched on Mar 17, 2011. FBIIX is managed by Fidelity. It was launched on Oct 10, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEDCX or FBIIX.
Correlation
The correlation between FEDCX and FBIIX is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FEDCX vs. FBIIX - Performance Comparison
Key characteristics
FEDCX:
2.33
FBIIX:
2.08
FEDCX:
3.58
FBIIX:
3.25
FEDCX:
1.44
FBIIX:
1.38
FEDCX:
1.65
FBIIX:
0.82
FEDCX:
9.96
FBIIX:
11.06
FEDCX:
1.15%
FBIIX:
0.51%
FEDCX:
4.91%
FBIIX:
2.73%
FEDCX:
-24.91%
FBIIX:
-13.79%
FEDCX:
-0.37%
FBIIX:
-1.56%
Returns By Period
In the year-to-date period, FEDCX achieves a 2.21% return, which is significantly higher than FBIIX's 0.11% return.
FEDCX
2.21%
1.95%
2.51%
11.46%
1.63%
4.15%
FBIIX
0.11%
0.43%
1.91%
5.80%
0.17%
N/A
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FEDCX vs. FBIIX - Expense Ratio Comparison
FEDCX has a 0.00% expense ratio, which is lower than FBIIX's 0.06% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FEDCX vs. FBIIX — Risk-Adjusted Performance Rank
FEDCX
FBIIX
FEDCX vs. FBIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Emerging Markets Debt Fund (FEDCX) and Fidelity International Bond Index Fund (FBIIX). 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. FBIIX - Dividend Comparison
FEDCX's dividend yield for the trailing twelve months is around 5.63%, more than FBIIX's 2.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEDCX Fidelity Series Emerging Markets Debt Fund | 5.63% | 5.66% | 6.05% | 5.75% | 4.53% | 4.98% | 5.89% | 6.08% | 6.93% | 6.16% | 6.57% | 6.74% |
FBIIX Fidelity International Bond Index Fund | 2.80% | 3.44% | 2.85% | 1.02% | 0.62% | 0.74% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FEDCX vs. FBIIX - Drawdown Comparison
The maximum FEDCX drawdown since its inception was -24.91%, which is greater than FBIIX's maximum drawdown of -13.79%. Use the drawdown chart below to compare losses from any high point for FEDCX and FBIIX. For additional features, visit the drawdowns tool.
Volatility
FEDCX vs. FBIIX - Volatility Comparison
Fidelity Series Emerging Markets Debt Fund (FEDCX) has a higher volatility of 1.34% compared to Fidelity International Bond Index Fund (FBIIX) at 0.78%. This indicates that FEDCX's price experiences larger fluctuations and is considered to be riskier than FBIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.