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

Correlation

The correlation between FEDCX and VGAVX is 0.86, 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.


-0.50.00.51.00.9

Performance

FEDCX vs. VGAVX - Performance Comparison

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

0.00%1.00%2.00%3.00%4.00%5.00%SeptemberOctoberNovemberDecember2025February
4.27%
3.26%
FEDCX
VGAVX

Key characteristics

Sharpe Ratio

FEDCX:

2.64

VGAVX:

1.89

Sortino Ratio

FEDCX:

4.05

VGAVX:

2.77

Omega Ratio

FEDCX:

1.51

VGAVX:

1.35

Calmar Ratio

FEDCX:

2.22

VGAVX:

0.75

Martin Ratio

FEDCX:

11.32

VGAVX:

7.47

Ulcer Index

FEDCX:

1.14%

VGAVX:

1.24%

Daily Std Dev

FEDCX:

4.89%

VGAVX:

4.92%

Max Drawdown

FEDCX:

-24.23%

VGAVX:

-26.77%

Current Drawdown

FEDCX:

-0.25%

VGAVX:

-3.54%

Returns By Period

In the year-to-date period, FEDCX achieves a 2.33% return, which is significantly higher than VGAVX's 1.73% return. Over the past 10 years, FEDCX has outperformed VGAVX with an annualized return of 4.66%, while VGAVX has yielded a comparatively lower 3.22% annualized return.


FEDCX

YTD

2.33%

1M

2.46%

6M

4.53%

1Y

12.81%

5Y*

2.22%

10Y*

4.66%

VGAVX

YTD

1.73%

1M

2.05%

6M

3.45%

1Y

9.36%

5Y*

0.17%

10Y*

3.22%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FEDCX vs. VGAVX - Expense Ratio Comparison

FEDCX has a 0.00% expense ratio, which is lower than VGAVX's 0.20% 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%.


VGAVX
Vanguard Emerging Markets Government Bond Index Fund Admiral Shares
Expense ratio chart for VGAVX: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for FEDCX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

FEDCX vs. VGAVX — 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 9090
Overall Rank
The Sharpe Ratio Rank of FEDCX is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of FEDCX is 9393
Sortino Ratio Rank
The Omega Ratio Rank of FEDCX is 9191
Omega Ratio Rank
The Calmar Ratio Rank of FEDCX is 8585
Calmar Ratio Rank
The Martin Ratio Rank of FEDCX is 8989
Martin Ratio Rank

VGAVX
The Risk-Adjusted Performance Rank of VGAVX is 7979
Overall Rank
The Sharpe Ratio Rank of VGAVX is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of VGAVX is 8888
Sortino Ratio Rank
The Omega Ratio Rank of VGAVX is 8686
Omega Ratio Rank
The Calmar Ratio Rank of VGAVX is 5454
Calmar Ratio Rank
The Martin Ratio Rank of VGAVX is 7979
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. VGAVX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Emerging Markets Debt Fund (FEDCX) and Vanguard Emerging Markets Government Bond Index Fund Admiral Shares (VGAVX). 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.


Sharpe ratio
The chart of Sharpe ratio for FEDCX, currently valued at 2.64, compared to the broader market-1.000.001.002.003.004.002.641.94
The chart of Sortino ratio for FEDCX, currently valued at 4.05, compared to the broader market0.002.004.006.008.0010.0012.004.052.83
The chart of Omega ratio for FEDCX, currently valued at 1.51, compared to the broader market1.002.003.004.001.511.36
The chart of Calmar ratio for FEDCX, currently valued at 2.22, compared to the broader market0.005.0010.0015.0020.002.220.76
The chart of Martin ratio for FEDCX, currently valued at 11.32, compared to the broader market0.0020.0040.0060.0080.0011.327.64
FEDCX
VGAVX

The current FEDCX Sharpe Ratio is 2.64, which is higher than the VGAVX Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of FEDCX and VGAVX, 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 Ratio1.002.003.004.005.00SeptemberOctoberNovemberDecember2025February
2.64
1.94
FEDCX
VGAVX

Dividends

FEDCX vs. VGAVX - Dividend Comparison

FEDCX's dividend yield for the trailing twelve months is around 6.93%, more than VGAVX's 6.15% yield.


TTM20242023202220212020201920182017201620152014
FEDCX
Fidelity Series Emerging Markets Debt Fund
6.93%6.99%6.56%6.68%4.53%4.98%5.89%7.08%6.93%6.16%6.57%6.74%
VGAVX
Vanguard Emerging Markets Government Bond Index Fund Admiral Shares
6.15%6.06%5.52%5.30%4.07%4.19%4.60%4.54%4.62%4.73%4.94%4.50%

Drawdowns

FEDCX vs. VGAVX - Drawdown Comparison

The maximum FEDCX drawdown since its inception was -24.23%, smaller than the maximum VGAVX drawdown of -26.77%. Use the drawdown chart below to compare losses from any high point for FEDCX and VGAVX. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%SeptemberOctoberNovemberDecember2025February
-0.25%
-3.54%
FEDCX
VGAVX

Volatility

FEDCX vs. VGAVX - Volatility Comparison

Fidelity Series Emerging Markets Debt Fund (FEDCX) and Vanguard Emerging Markets Government Bond Index Fund Admiral Shares (VGAVX) have volatilities of 1.50% and 1.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


0.80%1.00%1.20%1.40%1.60%1.80%SeptemberOctoberNovemberDecember2025February
1.50%
1.43%
FEDCX
VGAVX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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