FEDIX vs. JEMWX
Compare and contrast key facts about Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) and JPMorgan Emerging Markets Equity Fund Class R6 (JEMWX).
FEDIX is managed by Fidelity. It was launched on Nov 1, 2011. JEMWX is an actively managed fund by JPMorgan. It was launched on Dec 23, 2013.
Performance
FEDIX vs. JEMWX - Performance Comparison
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FEDIX vs. JEMWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEDIX Fidelity Advisor Emerging Markets Discovery Fund Class I | 4.11% | 31.82% | -3.64% | 20.77% | -11.82% | 6.67% | 16.93% | 19.64% | -18.89% | 36.50% |
JEMWX JPMorgan Emerging Markets Equity Fund Class R6 | 1.00% | 40.40% | 3.61% | 7.42% | -25.61% | -10.20% | 35.00% | 32.20% | -15.82% | 42.84% |
Returns By Period
In the year-to-date period, FEDIX achieves a 4.11% return, which is significantly higher than JEMWX's 1.00% return. Both investments have delivered pretty close results over the past 10 years, with FEDIX having a 9.53% annualized return and JEMWX not far behind at 9.25%.
FEDIX
- 1D
- -0.79%
- 1M
- -9.21%
- YTD
- 4.11%
- 6M
- 10.25%
- 1Y
- 35.20%
- 3Y*
- 14.92%
- 5Y*
- 7.71%
- 10Y*
- 9.53%
JEMWX
- 1D
- -1.15%
- 1M
- -11.70%
- YTD
- 1.00%
- 6M
- 6.27%
- 1Y
- 36.49%
- 3Y*
- 14.52%
- 5Y*
- 1.52%
- 10Y*
- 9.25%
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FEDIX vs. JEMWX - Expense Ratio Comparison
FEDIX has a 1.19% expense ratio, which is higher than JEMWX's 0.74% expense ratio.
Return for Risk
FEDIX vs. JEMWX — Risk / Return Rank
FEDIX
JEMWX
FEDIX vs. JEMWX - 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 JPMorgan Emerging Markets Equity Fund Class R6 (JEMWX). 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 | JEMWX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.39 | 1.84 | +0.56 |
Sortino ratioReturn per unit of downside risk | 3.00 | 2.40 | +0.59 |
Omega ratioGain probability vs. loss probability | 1.46 | 1.35 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 3.17 | 2.64 | +0.53 |
Martin ratioReturn relative to average drawdown | 12.58 | 10.77 | +1.81 |
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 | JEMWX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.39 | 1.84 | +0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.08 | +0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | 0.48 | +0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.36 | +0.15 |
Correlation
The correlation between FEDIX and JEMWX 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.
Dividends
FEDIX vs. JEMWX - Dividend Comparison
FEDIX's dividend yield for the trailing twelve months is around 4.51%, more than JEMWX's 1.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEDIX Fidelity Advisor Emerging Markets Discovery Fund Class I | 4.51% | 4.70% | 4.01% | 2.11% | 1.79% | 11.83% | 0.55% | 1.05% | 1.84% | 1.49% | 1.44% | 0.83% |
JEMWX JPMorgan Emerging Markets Equity Fund Class R6 | 1.41% | 1.42% | 1.63% | 1.67% | 0.67% | 4.01% | 0.18% | 0.88% | 1.05% | 0.55% | 0.89% | 1.13% |
Drawdowns
FEDIX vs. JEMWX - Drawdown Comparison
The maximum FEDIX drawdown since its inception was -42.98%, smaller than the maximum JEMWX drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for FEDIX and JEMWX.
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Drawdown Indicators
| FEDIX | JEMWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.98% | -49.42% | +6.44% |
Max Drawdown (1Y)Largest decline over 1 year | -9.98% | -12.55% | +2.57% |
Max Drawdown (5Y)Largest decline over 5 years | -27.42% | -44.78% | +17.36% |
Max Drawdown (10Y)Largest decline over 10 years | -42.98% | -49.42% | +6.44% |
Current DrawdownCurrent decline from peak | -9.58% | -12.55% | +2.97% |
Average DrawdownAverage peak-to-trough decline | -8.86% | -17.65% | +8.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | 3.08% | -0.57% |
Volatility
FEDIX vs. JEMWX - Volatility Comparison
The current volatility for Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) is 6.44%, while JPMorgan Emerging Markets Equity Fund Class R6 (JEMWX) has a volatility of 9.05%. This indicates that FEDIX experiences smaller price fluctuations and is considered to be less risky than JEMWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEDIX | JEMWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.44% | 9.05% | -2.61% |
Volatility (6M)Calculated over the trailing 6-month period | 9.71% | 14.44% | -4.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.33% | 19.72% | -5.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.98% | 18.85% | -4.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.65% | 19.21% | -3.56% |