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FEDTX vs. NFFFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FEDTX vs. NFFFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Emerging Markets Discovery Fund Class M (FEDTX) and American Funds New World Fund (NFFFX). The values are adjusted to include any dividend payments, if applicable.

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FEDTX vs. NFFFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
NFFFX
American Funds New World Fund
-4.01%28.52%6.78%16.11%-21.86%4.98%25.17%27.89%-12.08%32.92%

Returns By Period

In the year-to-date period, FEDTX achieves a 3.99% return, which is significantly higher than NFFFX's -4.01% return. Both investments have delivered pretty close results over the past 10 years, with FEDTX having a 8.96% annualized return and NFFFX not far ahead at 9.36%.


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%

NFFFX

1D
-0.62%
1M
-10.89%
YTD
-4.01%
6M
-0.54%
1Y
20.73%
3Y*
12.78%
5Y*
4.48%
10Y*
9.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FEDTX vs. NFFFX - Expense Ratio Comparison

FEDTX has a 1.76% expense ratio, which is higher than NFFFX's 0.68% expense ratio.


Return for Risk

FEDTX vs. NFFFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FEDTX
FEDTX Risk / Return Rank: 9494
Overall Rank
FEDTX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
FEDTX Sortino Ratio Rank: 9393
Sortino Ratio Rank
FEDTX Omega Ratio Rank: 9292
Omega Ratio Rank
FEDTX Calmar Ratio Rank: 9494
Calmar Ratio Rank
FEDTX Martin Ratio Rank: 9494
Martin Ratio Rank

NFFFX
NFFFX Risk / Return Rank: 7070
Overall Rank
NFFFX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
NFFFX Sortino Ratio Rank: 7676
Sortino Ratio Rank
NFFFX Omega Ratio Rank: 7272
Omega Ratio Rank
NFFFX Calmar Ratio Rank: 6363
Calmar Ratio Rank
NFFFX Martin Ratio Rank: 6565
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FEDTX vs. NFFFX - 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 American Funds New World Fund (NFFFX). 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.


FEDTXNFFFXDifference

Sharpe ratio

Return per unit of total volatility

2.35

1.34

+1.01

Sortino ratio

Return per unit of downside risk

2.95

1.87

+1.07

Omega ratio

Gain probability vs. loss probability

1.45

1.27

+0.18

Calmar ratio

Return relative to maximum drawdown

3.12

1.43

+1.68

Martin ratio

Return relative to average drawdown

12.26

6.10

+6.16

FEDTX vs. NFFFX - Sharpe Ratio Comparison

The current FEDTX Sharpe Ratio is 2.35, which is higher than the NFFFX Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of FEDTX and NFFFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FEDTXNFFFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.35

1.34

+1.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.51

0.30

+0.22

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.58

0.59

-0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

0.33

+0.15

Correlation

The correlation between FEDTX and NFFFX 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

FEDTX vs. NFFFX - Dividend Comparison

FEDTX's dividend yield for the trailing twelve months is around 4.14%, less than NFFFX's 6.26% yield.


TTM20252024202320222021202020192018201720162015
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%
NFFFX
American Funds New World Fund
6.26%6.01%4.01%2.78%1.21%7.23%0.35%3.95%2.62%2.17%1.28%0.94%

Drawdowns

FEDTX vs. NFFFX - Drawdown Comparison

The maximum FEDTX drawdown since its inception was -43.70%, smaller than the maximum NFFFX drawdown of -50.17%. Use the drawdown chart below to compare losses from any high point for FEDTX and NFFFX.


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Drawdown Indicators


FEDTXNFFFXDifference

Max Drawdown

Largest peak-to-trough decline

-43.70%

-50.17%

+6.47%

Max Drawdown (1Y)

Largest decline over 1 year

-9.94%

-13.01%

+3.07%

Max Drawdown (5Y)

Largest decline over 5 years

-27.91%

-33.48%

+5.57%

Max Drawdown (10Y)

Largest decline over 10 years

-43.70%

-33.48%

-10.22%

Current Drawdown

Current decline from peak

-9.62%

-13.01%

+3.39%

Average Drawdown

Average peak-to-trough decline

-9.26%

-9.89%

+0.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.53%

3.06%

-0.53%

Volatility

FEDTX vs. NFFFX - Volatility Comparison

Fidelity Advisor Emerging Markets Discovery Fund Class M (FEDTX) and American Funds New World Fund (NFFFX) have volatilities of 6.43% and 6.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FEDTXNFFFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.43%

6.38%

+0.05%

Volatility (6M)

Calculated over the trailing 6-month period

9.71%

10.73%

-1.02%

Volatility (1Y)

Calculated over the trailing 1-year period

14.32%

15.45%

-1.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.96%

15.12%

-1.16%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.63%

15.96%

-0.33%