FEDCX vs. FSKAX
Compare and contrast key facts about Fidelity Series Emerging Markets Debt Fund (FEDCX) and Fidelity Total Market Index Fund (FSKAX).
FEDCX is managed by Fidelity. It was launched on Mar 17, 2011. FSKAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEDCX or FSKAX.
Correlation
The correlation between FEDCX and FSKAX is 0.29, 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. FSKAX - Performance Comparison
Key characteristics
FEDCX:
2.26
FSKAX:
1.74
FEDCX:
3.47
FSKAX:
2.35
FEDCX:
1.43
FSKAX:
1.32
FEDCX:
1.59
FSKAX:
2.67
FEDCX:
9.59
FSKAX:
10.56
FEDCX:
1.15%
FSKAX:
2.18%
FEDCX:
4.88%
FSKAX:
13.13%
FEDCX:
-24.91%
FSKAX:
-35.01%
FEDCX:
-0.62%
FSKAX:
-0.11%
Returns By Period
In the year-to-date period, FEDCX achieves a 1.95% return, which is significantly lower than FSKAX's 4.20% return. Over the past 10 years, FEDCX has underperformed FSKAX with an annualized return of 4.11%, while FSKAX has yielded a comparatively higher 12.44% annualized return.
FEDCX
1.95%
2.73%
3.02%
11.48%
1.57%
4.11%
FSKAX
4.20%
4.66%
11.58%
23.52%
13.72%
12.44%
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FEDCX vs. FSKAX - Expense Ratio Comparison
FEDCX has a 0.00% expense ratio, which is lower than FSKAX's 0.02% 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. FSKAX — Risk-Adjusted Performance Rank
FEDCX
FSKAX
FEDCX vs. FSKAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Emerging Markets Debt Fund (FEDCX) and Fidelity Total Market Index Fund (FSKAX). 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. FSKAX - Dividend Comparison
FEDCX's dividend yield for the trailing twelve months is around 5.65%, more than FSKAX's 1.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEDCX Fidelity Series Emerging Markets Debt Fund | 5.65% | 5.66% | 6.05% | 5.75% | 4.53% | 4.98% | 5.89% | 6.08% | 6.93% | 6.16% | 6.57% | 6.74% |
FSKAX Fidelity Total Market Index Fund | 1.14% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.80% | 2.06% | 1.66% | 1.82% | 1.96% | 1.63% |
Drawdowns
FEDCX vs. FSKAX - Drawdown Comparison
The maximum FEDCX drawdown since its inception was -24.91%, smaller than the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FEDCX and FSKAX. For additional features, visit the drawdowns tool.
Volatility
FEDCX vs. FSKAX - Volatility Comparison
The current volatility for Fidelity Series Emerging Markets Debt Fund (FEDCX) is 1.47%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 3.64%. This indicates that FEDCX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.