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FEDCX vs. FBIIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FEDCX and FBIIX is 0.07, 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.


-0.50.00.51.0
Correlation: 0.1

Performance

FEDCX vs. FBIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series Emerging Markets Debt Fund (FEDCX) and Fidelity International Bond Index Fund (FBIIX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
13.38%
1.88%
FEDCX
FBIIX

Key characteristics

Sharpe Ratio

FEDCX:

1.49

FBIIX:

2.12

Sortino Ratio

FEDCX:

2.14

FBIIX:

3.20

Omega Ratio

FEDCX:

1.30

FBIIX:

1.40

Calmar Ratio

FEDCX:

1.49

FBIIX:

0.88

Martin Ratio

FEDCX:

5.76

FBIIX:

9.51

Ulcer Index

FEDCX:

1.43%

FBIIX:

0.63%

Daily Std Dev

FEDCX:

5.53%

FBIIX:

2.82%

Max Drawdown

FEDCX:

-24.91%

FBIIX:

-13.79%

Current Drawdown

FEDCX:

-1.95%

FBIIX:

-1.34%

Returns By Period

In the year-to-date period, FEDCX achieves a 1.55% return, which is significantly higher than FBIIX's 0.32% return.


FEDCX

YTD

1.55%

1M

-0.48%

6M

2.18%

1Y

8.37%

5Y*

4.80%

10Y*

3.58%

FBIIX

YTD

0.32%

1M

0.65%

6M

1.47%

1Y

5.64%

5Y*

0.38%

10Y*

N/A

*Annualized

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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%.


Expense ratio chart for FBIIX: current value is 0.06%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FBIIX: 0.06%
Expense ratio chart for FEDCX: current value is 0.00%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FEDCX: 0.00%

Risk-Adjusted Performance

FEDCX vs. FBIIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FEDCX
The Risk-Adjusted Performance Rank of FEDCX is 8686
Overall Rank
The Sharpe Ratio Rank of FEDCX is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of FEDCX is 8585
Sortino Ratio Rank
The Omega Ratio Rank of FEDCX is 8686
Omega Ratio Rank
The Calmar Ratio Rank of FEDCX is 9090
Calmar Ratio Rank
The Martin Ratio Rank of FEDCX is 8787
Martin Ratio Rank

FBIIX
The Risk-Adjusted Performance Rank of FBIIX is 9090
Overall Rank
The Sharpe Ratio Rank of FBIIX is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of FBIIX is 9292
Sortino Ratio Rank
The Omega Ratio Rank of FBIIX is 9191
Omega Ratio Rank
The Calmar Ratio Rank of FBIIX is 8181
Calmar Ratio Rank
The Martin Ratio Rank of FBIIX is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The chart of Sharpe ratio for FEDCX, currently valued at 1.49, compared to the broader market-1.000.001.002.003.00
FEDCX: 1.49
FBIIX: 2.05
The chart of Sortino ratio for FEDCX, currently valued at 2.14, compared to the broader market-2.000.002.004.006.008.00
FEDCX: 2.14
FBIIX: 3.09
The chart of Omega ratio for FEDCX, currently valued at 1.30, compared to the broader market0.501.001.502.002.503.00
FEDCX: 1.30
FBIIX: 1.39
The chart of Calmar ratio for FEDCX, currently valued at 1.49, compared to the broader market0.002.004.006.008.0010.00
FEDCX: 1.49
FBIIX: 0.84
The chart of Martin ratio for FEDCX, currently valued at 5.76, compared to the broader market0.0010.0020.0030.0040.00
FEDCX: 5.76
FBIIX: 9.13

The current FEDCX Sharpe Ratio is 1.49, which is comparable to the FBIIX Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of FEDCX and FBIIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50NovemberDecember2025FebruaryMarchApril
1.49
2.05
FEDCX
FBIIX

Dividends

FEDCX vs. FBIIX - Dividend Comparison

FEDCX's dividend yield for the trailing twelve months is around 5.75%, more than FBIIX's 2.44% yield.


TTM20242023202220212020201920182017201620152014
FEDCX
Fidelity Series Emerging Markets Debt Fund
5.75%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
2.44%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.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.95%
-1.34%
FEDCX
FBIIX

Volatility

FEDCX vs. FBIIX - Volatility Comparison

Fidelity Series Emerging Markets Debt Fund (FEDCX) has a higher volatility of 3.40% compared to Fidelity International Bond Index Fund (FBIIX) at 1.10%. 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.


0.50%1.00%1.50%2.00%2.50%3.00%NovemberDecember2025FebruaryMarchApril
3.40%
1.10%
FEDCX
FBIIX