FEDTX vs. FSPSX
Compare and contrast key facts about Fidelity Advisor Emerging Markets Discovery Fund Class M (FEDTX) and Fidelity International Index Fund (FSPSX).
FEDTX is managed by Fidelity. It was launched on Nov 1, 2011. FSPSX is a passively managed fund by Fidelity that tracks the performance of the MSCI ACWI ex USA IMI Index. It was launched on Nov 5, 1997.
Performance
FEDTX vs. FSPSX - Performance Comparison
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FEDTX vs. FSPSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEDTX Fidelity Advisor Emerging Markets Discovery Fund Class M | 3.99% | 31.19% | -4.16% | 20.12% | -12.35% | 6.05% | 16.31% | 18.91% | -19.40% | 36.42% |
FSPSX Fidelity International Index Fund | -1.94% | 31.98% | 3.70% | 18.31% | -14.23% | 11.45% | 8.16% | 22.03% | -13.55% | 25.37% |
Returns By Period
In the year-to-date period, FEDTX achieves a 3.99% return, which is significantly higher than FSPSX's -1.94% return. Both investments have delivered pretty close results over the past 10 years, with FEDTX having a 8.96% annualized return and FSPSX not far behind at 8.65%.
FEDTX
- 1D
- -0.75%
- 1M
- -9.25%
- YTD
- 3.99%
- 6M
- 10.01%
- 1Y
- 34.47%
- 3Y*
- 14.34%
- 5Y*
- 7.13%
- 10Y*
- 8.96%
FSPSX
- 1D
- 0.42%
- 1M
- -10.86%
- YTD
- -1.94%
- 6M
- 2.58%
- 1Y
- 19.89%
- 3Y*
- 13.50%
- 5Y*
- 7.96%
- 10Y*
- 8.65%
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FEDTX vs. FSPSX - Expense Ratio Comparison
FEDTX has a 1.76% expense ratio, which is higher than FSPSX's 0.04% expense ratio.
Return for Risk
FEDTX vs. FSPSX — Risk / Return Rank
FEDTX
FSPSX
FEDTX vs. FSPSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Emerging Markets Discovery Fund Class M (FEDTX) and Fidelity International Index Fund (FSPSX). 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.
| FEDTX | FSPSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.35 | 1.11 | +1.24 |
Sortino ratioReturn per unit of downside risk | 2.95 | 1.56 | +1.39 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.23 | +0.22 |
Calmar ratioReturn relative to maximum drawdown | 3.12 | 1.54 | +1.57 |
Martin ratioReturn relative to average drawdown | 12.26 | 5.93 | +6.33 |
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
| FEDTX | FSPSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.35 | 1.11 | +1.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.51 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.53 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.46 | +0.02 |
Correlation
The correlation between FEDTX and FSPSX is 0.71, 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
FEDTX vs. FSPSX - Dividend Comparison
FEDTX's dividend yield for the trailing twelve months is around 4.14%, more than FSPSX's 3.22% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEDTX Fidelity Advisor Emerging Markets Discovery Fund Class M | 4.14% | 4.31% | 3.30% | 1.63% | 1.10% | 11.36% | 0.05% | 0.48% | 0.87% | 1.51% | 0.95% | 0.22% |
FSPSX Fidelity International Index Fund | 3.22% | 3.15% | 3.27% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.50% | 3.08% | 2.79% |
Drawdowns
FEDTX vs. FSPSX - Drawdown Comparison
The maximum FEDTX drawdown since its inception was -43.70%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FEDTX and FSPSX.
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Drawdown Indicators
| FEDTX | FSPSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.70% | -33.69% | -10.01% |
Max Drawdown (1Y)Largest decline over 1 year | -9.94% | -11.39% | +1.45% |
Max Drawdown (5Y)Largest decline over 5 years | -27.91% | -29.41% | +1.50% |
Max Drawdown (10Y)Largest decline over 10 years | -43.70% | -33.69% | -10.01% |
Current DrawdownCurrent decline from peak | -9.62% | -10.86% | +1.24% |
Average DrawdownAverage peak-to-trough decline | -9.26% | -6.59% | -2.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 2.96% | -0.43% |
Volatility
FEDTX vs. FSPSX - Volatility Comparison
The current volatility for Fidelity Advisor Emerging Markets Discovery Fund Class M (FEDTX) is 6.43%, while Fidelity International Index Fund (FSPSX) has a volatility of 7.04%. This indicates that FEDTX experiences smaller price fluctuations and is considered to be less risky than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEDTX | FSPSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.43% | 7.04% | -0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 9.71% | 10.63% | -0.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.32% | 16.79% | -2.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.96% | 15.77% | -1.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.63% | 16.47% | -0.84% |