FEDCX vs. VEGBX
Compare and contrast key facts about Fidelity Series Emerging Markets Debt Fund (FEDCX) and Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX).
FEDCX is managed by Fidelity. It was launched on Mar 17, 2011. VEGBX is managed by Vanguard. It was launched on Dec 6, 2017.
Performance
FEDCX vs. VEGBX - Performance Comparison
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FEDCX vs. VEGBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEDCX Fidelity Series Emerging Markets Debt Fund | -1.01% | 14.91% | 7.39% | 11.92% | -16.08% | -1.28% | 4.78% | 10.50% | -4.55% | 8.76% |
VEGBX Vanguard Emerging Markets Bond Fund Admiral Shares | -1.39% | 14.46% | 7.60% | 13.81% | -13.02% | -1.44% | 15.18% | 17.87% | -0.66% | 11.65% |
Returns By Period
In the year-to-date period, FEDCX achieves a -1.01% return, which is significantly higher than VEGBX's -1.39% return.
FEDCX
- 1D
- 0.36%
- 1M
- -3.24%
- YTD
- -1.01%
- 6M
- 2.49%
- 1Y
- 10.61%
- 3Y*
- 10.40%
- 5Y*
- 3.39%
- 10Y*
- 4.29%
VEGBX
- 1D
- 0.45%
- 1M
- -2.92%
- YTD
- -1.39%
- 6M
- 1.96%
- 1Y
- 9.61%
- 3Y*
- 10.46%
- 5Y*
- 4.25%
- 10Y*
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FEDCX vs. VEGBX - Expense Ratio Comparison
FEDCX has a 0.00% expense ratio, which is lower than VEGBX's 0.40% expense ratio.
Return for Risk
FEDCX vs. VEGBX — Risk / Return Rank
FEDCX
VEGBX
FEDCX vs. VEGBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Emerging Markets Debt Fund (FEDCX) and Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX). 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.
| FEDCX | VEGBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.13 | 2.03 | +0.09 |
Sortino ratioReturn per unit of downside risk | 3.01 | 2.91 | +0.10 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.42 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.35 | 2.40 | -0.04 |
Martin ratioReturn relative to average drawdown | 10.10 | 10.58 | -0.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FEDCX | VEGBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.13 | 2.03 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.68 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 1.03 | -0.31 |
Correlation
The correlation between FEDCX and VEGBX is 0.87, 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
FEDCX vs. VEGBX - Dividend Comparison
FEDCX's dividend yield for the trailing twelve months is around 5.51%, less than VEGBX's 5.80% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEDCX Fidelity Series Emerging Markets Debt Fund | 5.51% | 5.97% | 5.18% | 5.55% | 3.84% | 3.81% | 4.99% | 5.89% | 6.08% | 7.33% | 7.03% | 5.61% |
VEGBX Vanguard Emerging Markets Bond Fund Admiral Shares | 5.80% | 6.34% | 7.02% | 7.20% | 5.61% | 5.14% | 4.62% | 6.42% | 5.00% | 0.39% | 0.00% | 0.00% |
Drawdowns
FEDCX vs. VEGBX - Drawdown Comparison
The maximum FEDCX drawdown since its inception was -26.00%, which is greater than VEGBX's maximum drawdown of -24.27%. Use the drawdown chart below to compare losses from any high point for FEDCX and VEGBX.
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Drawdown Indicators
| FEDCX | VEGBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.00% | -24.27% | -1.73% |
Max Drawdown (1Y)Largest decline over 1 year | -4.76% | -4.13% | -0.63% |
Max Drawdown (5Y)Largest decline over 5 years | -26.00% | -24.27% | -1.73% |
Max Drawdown (10Y)Largest decline over 10 years | -26.00% | — | — |
Current DrawdownCurrent decline from peak | -3.73% | -3.35% | -0.38% |
Average DrawdownAverage peak-to-trough decline | -4.40% | -3.90% | -0.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 0.95% | +0.19% |
Volatility
FEDCX vs. VEGBX - Volatility Comparison
The current volatility for Fidelity Series Emerging Markets Debt Fund (FEDCX) is 1.92%, while Vanguard Emerging Markets Bond Fund Admiral Shares (VEGBX) has a volatility of 2.10%. This indicates that FEDCX experiences smaller price fluctuations and is considered to be less risky than VEGBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEDCX | VEGBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.92% | 2.10% | -0.18% |
Volatility (6M)Calculated over the trailing 6-month period | 3.07% | 2.87% | +0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.22% | 4.98% | +0.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.27% | 6.27% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.59% | 6.37% | +0.22% |