FEDIX vs. VWO
Compare and contrast key facts about Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) and Vanguard FTSE Emerging Markets ETF (VWO).
FEDIX is managed by Fidelity. It was launched on Nov 1, 2011. VWO is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Index. It was launched on Mar 4, 2005.
Performance
FEDIX vs. VWO - Performance Comparison
Loading graphics...
FEDIX vs. VWO - 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% |
VWO Vanguard FTSE Emerging Markets ETF | 0.84% | 25.60% | 10.59% | 9.25% | -17.98% | 1.26% | 15.17% | 20.75% | -14.76% | 31.49% |
Returns By Period
In the year-to-date period, FEDIX achieves a 6.08% return, which is significantly higher than VWO's 0.84% return. Over the past 10 years, FEDIX has outperformed VWO with an annualized return of 9.73%, while VWO has yielded a comparatively lower 7.66% annualized return.
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%
VWO
- 1D
- 0.30%
- 1M
- -5.29%
- YTD
- 0.84%
- 6M
- 1.39%
- 1Y
- 22.71%
- 3Y*
- 13.84%
- 5Y*
- 3.90%
- 10Y*
- 7.66%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FEDIX vs. VWO - Expense Ratio Comparison
FEDIX has a 1.19% expense ratio, which is higher than VWO's 0.08% expense ratio.
Return for Risk
FEDIX vs. VWO — Risk / Return Rank
FEDIX
VWO
FEDIX vs. VWO - 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 Vanguard FTSE Emerging Markets ETF (VWO). 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 | VWO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.64 | 1.28 | +1.36 |
Sortino ratioReturn per unit of downside risk | 3.28 | 1.80 | +1.47 |
Omega ratioGain probability vs. loss probability | 1.50 | 1.26 | +0.24 |
Calmar ratioReturn relative to maximum drawdown | 3.67 | 1.89 | +1.78 |
Martin ratioReturn relative to average drawdown | 14.30 | 7.18 | +7.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FEDIX | VWO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.64 | 1.28 | +1.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.23 | +0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.40 | +0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.25 | +0.27 |
Correlation
The correlation between FEDIX and VWO is 0.83, 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. VWO - Dividend Comparison
FEDIX's dividend yield for the trailing twelve months is around 4.43%, more than VWO's 2.68% 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% |
VWO Vanguard FTSE Emerging Markets ETF | 2.68% | 2.79% | 3.20% | 3.52% | 4.11% | 2.63% | 1.91% | 3.23% | 2.88% | 2.30% | 2.52% | 3.26% |
Drawdowns
FEDIX vs. VWO - Drawdown Comparison
The maximum FEDIX drawdown since its inception was -42.98%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for FEDIX and VWO.
Loading graphics...
Drawdown Indicators
| FEDIX | VWO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.98% | -67.68% | +24.70% |
Max Drawdown (1Y)Largest decline over 1 year | -9.98% | -12.23% | +2.25% |
Max Drawdown (5Y)Largest decline over 5 years | -27.42% | -32.80% | +5.38% |
Max Drawdown (10Y)Largest decline over 10 years | -42.98% | -36.39% | -6.59% |
Current DrawdownCurrent decline from peak | -7.86% | -8.13% | +0.27% |
Average DrawdownAverage peak-to-trough decline | -8.86% | -15.93% | +7.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 3.22% | -0.66% |
Volatility
FEDIX vs. VWO - Volatility Comparison
The current volatility for Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX) is 6.74%, while Vanguard FTSE Emerging Markets ETF (VWO) has a volatility of 7.41%. This indicates that FEDIX experiences smaller price fluctuations and is considered to be less risky than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FEDIX | VWO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.74% | 7.41% | -0.67% |
Volatility (6M)Calculated over the trailing 6-month period | 9.87% | 12.26% | -2.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.41% | 17.83% | -3.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.00% | 17.21% | -3.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.66% | 19.18% | -3.52% |