FEDIX vs. FAMKX
Compare and contrast key facts about Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) and Fidelity Advisor Focused Emerging Markets Fund Class A (FAMKX).
FEDIX is managed by Fidelity. It was launched on Nov 1, 2011. FAMKX is managed by Fidelity. It was launched on Mar 29, 2004.
Performance
FEDIX vs. FAMKX - Performance Comparison
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FEDIX vs. FAMKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEDIX Fidelity Advisor Emerging Markets Discovery Fund Class I | 6.08% | 31.82% | -3.64% | 20.77% | -11.82% | 6.67% | 16.93% | 19.64% | -18.89% | 36.50% |
FAMKX Fidelity Advisor Focused Emerging Markets Fund Class A | 0.85% | 39.76% | 9.01% | 8.12% | -20.09% | -2.90% | 30.05% | 29.29% | -18.32% | 46.52% |
Returns By Period
In the year-to-date period, FEDIX achieves a 6.08% return, which is significantly higher than FAMKX's 0.85% return. Both investments have delivered pretty close results over the past 10 years, with FEDIX having a 9.73% annualized return and FAMKX not far ahead at 10.07%.
FEDIX
- 1D
- 1.90%
- 1M
- -6.08%
- YTD
- 6.08%
- 6M
- 11.75%
- 1Y
- 36.71%
- 3Y*
- 15.64%
- 5Y*
- 7.83%
- 10Y*
- 9.73%
FAMKX
- 1D
- -0.97%
- 1M
- -13.15%
- YTD
- 0.85%
- 6M
- 6.45%
- 1Y
- 32.95%
- 3Y*
- 17.10%
- 5Y*
- 4.48%
- 10Y*
- 10.07%
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FEDIX vs. FAMKX - Expense Ratio Comparison
FEDIX has a 1.19% expense ratio, which is lower than FAMKX's 1.32% expense ratio.
Return for Risk
FEDIX vs. FAMKX — Risk / Return Rank
FEDIX
FAMKX
FEDIX vs. FAMKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) and Fidelity Advisor Focused Emerging Markets Fund Class A (FAMKX). 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.
| FEDIX | FAMKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.64 | 1.74 | +0.90 |
Sortino ratioReturn per unit of downside risk | 3.28 | 2.22 | +1.06 |
Omega ratioGain probability vs. loss probability | 1.50 | 1.34 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 3.67 | 2.13 | +1.54 |
Martin ratioReturn relative to average drawdown | 14.30 | 8.25 | +6.05 |
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
| FEDIX | FAMKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.64 | 1.74 | +0.90 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.24 | +0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.54 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.39 | +0.14 |
Correlation
The correlation between FEDIX and FAMKX is 0.88, 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
FEDIX vs. FAMKX - Dividend Comparison
FEDIX's dividend yield for the trailing twelve months is around 4.43%, more than FAMKX's 1.32% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEDIX Fidelity Advisor Emerging Markets Discovery Fund Class I | 4.43% | 4.70% | 4.01% | 2.11% | 1.79% | 11.83% | 0.55% | 1.05% | 1.84% | 1.49% | 1.44% | 0.83% |
FAMKX Fidelity Advisor Focused Emerging Markets Fund Class A | 1.32% | 1.33% | 0.74% | 1.25% | 0.76% | 4.87% | 1.84% | 10.64% | 0.17% | 0.10% | 0.03% | 0.00% |
Drawdowns
FEDIX vs. FAMKX - Drawdown Comparison
The maximum FEDIX drawdown since its inception was -42.98%, smaller than the maximum FAMKX drawdown of -70.11%. Use the drawdown chart below to compare losses from any high point for FEDIX and FAMKX.
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Drawdown Indicators
| FEDIX | FAMKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.98% | -70.11% | +27.13% |
Max Drawdown (1Y)Largest decline over 1 year | -9.98% | -13.73% | +3.75% |
Max Drawdown (5Y)Largest decline over 5 years | -27.42% | -40.76% | +13.34% |
Max Drawdown (10Y)Largest decline over 10 years | -42.98% | -42.16% | -0.82% |
Current DrawdownCurrent decline from peak | -7.86% | -13.73% | +5.87% |
Average DrawdownAverage peak-to-trough decline | -8.86% | -20.60% | +11.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 3.55% | -0.99% |
Volatility
FEDIX vs. FAMKX - Volatility Comparison
The current volatility for Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) is 6.74%, while Fidelity Advisor Focused Emerging Markets Fund Class A (FAMKX) has a volatility of 8.51%. This indicates that FEDIX experiences smaller price fluctuations and is considered to be less risky than FAMKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEDIX | FAMKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.74% | 8.51% | -1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 9.87% | 13.09% | -3.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.41% | 18.40% | -3.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.00% | 18.46% | -4.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.66% | 18.56% | -2.90% |