FEDIX vs. IEMG
Compare and contrast key facts about Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) and iShares Core MSCI Emerging Markets ETF (IEMG).
FEDIX is managed by Fidelity. It was launched on Nov 1, 2011. IEMG is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Investable Market Index. It was launched on Oct 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEDIX or IEMG.
Correlation
The correlation between FEDIX and IEMG is 0.85, 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.
Performance
FEDIX vs. IEMG - Performance Comparison
Key characteristics
FEDIX:
0.26
IEMG:
0.94
FEDIX:
0.44
IEMG:
1.40
FEDIX:
1.05
IEMG:
1.17
FEDIX:
0.20
IEMG:
0.64
FEDIX:
0.57
IEMG:
2.88
FEDIX:
5.72%
IEMG:
4.84%
FEDIX:
12.50%
IEMG:
14.81%
FEDIX:
-43.02%
IEMG:
-38.71%
FEDIX:
-9.88%
IEMG:
-10.00%
Returns By Period
In the year-to-date period, FEDIX achieves a 4.06% return, which is significantly lower than IEMG's 6.70% return. Over the past 10 years, FEDIX has outperformed IEMG with an annualized return of 4.70%, while IEMG has yielded a comparatively lower 4.14% annualized return.
FEDIX
4.06%
4.26%
-1.82%
2.58%
4.15%
4.70%
IEMG
6.70%
5.29%
5.13%
13.59%
4.24%
4.14%
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FEDIX vs. IEMG - Expense Ratio Comparison
FEDIX has a 1.19% expense ratio, which is higher than IEMG's 0.14% expense ratio.
Risk-Adjusted Performance
FEDIX vs. IEMG — Risk-Adjusted Performance Rank
FEDIX
IEMG
FEDIX vs. IEMG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) and iShares Core MSCI Emerging Markets ETF (IEMG). 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
FEDIX vs. IEMG - Dividend Comparison
FEDIX's dividend yield for the trailing twelve months is around 3.86%, more than IEMG's 3.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEDIX Fidelity Advisor Emerging Markets Discovery Fund Class I | 3.86% | 4.01% | 2.11% | 1.79% | 2.55% | 0.55% | 1.05% | 1.78% | 0.75% | 0.88% | 0.83% | 0.00% |
IEMG iShares Core MSCI Emerging Markets ETF | 3.00% | 3.20% | 2.89% | 2.70% | 3.06% | 1.87% | 3.15% | 2.76% | 2.34% | 2.28% | 2.52% | 2.30% |
Drawdowns
FEDIX vs. IEMG - Drawdown Comparison
The maximum FEDIX drawdown since its inception was -43.02%, which is greater than IEMG's maximum drawdown of -38.71%. Use the drawdown chart below to compare losses from any high point for FEDIX and IEMG. For additional features, visit the drawdowns tool.
Volatility
FEDIX vs. IEMG - Volatility Comparison
The current volatility for Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) is 2.60%, while iShares Core MSCI Emerging Markets ETF (IEMG) has a volatility of 3.84%. This indicates that FEDIX experiences smaller price fluctuations and is considered to be less risky than IEMG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.