FEME.L vs. FSED.L
Compare and contrast key facts about Fidelity Emerging Markets Quality Income UCITS ETF USD Inc (FEME.L) and Fidelity Sustainable USD EM Bond UCITS ETF (FSED.L).
FEME.L and FSED.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FEME.L is a passively managed fund by Fidelity that tracks the performance of the Fidelity Emerging Markets Quality Income Index. It was launched on Oct 30, 2017. FSED.L is a passively managed fund by Fidelity that tracks the performance of the JPM EMBI Global Diversified TR USD. It was launched on Mar 25, 2021. Both FEME.L and FSED.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FEME.L vs. FSED.L - Performance Comparison
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FEME.L vs. FSED.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FEME.L Fidelity Emerging Markets Quality Income UCITS ETF USD Inc | 1.24% | 24.79% | 1.22% | 11.70% | -27.08% | -2.59% |
FSED.L Fidelity Sustainable USD EM Bond UCITS ETF | -3.43% | 667.88% | 863.78% | 2,010.10% | -197,311.49% | 110,254.53% |
Different Trading Currencies
FEME.L is traded in USD, while FSED.L is traded in GBP. To make them comparable, the FSED.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, FEME.L achieves a 1.24% return, which is significantly higher than FSED.L's -3.43% return.
FEME.L
- 1D
- -0.23%
- 1M
- -10.61%
- YTD
- 1.24%
- 6M
- 3.89%
- 1Y
- 24.38%
- 3Y*
- 10.90%
- 5Y*
- -0.08%
- 10Y*
- —
FSED.L
- 1D
- 0.29%
- 1M
- -3.34%
- YTD
- -3.43%
- 6M
- -274.14%
- 1Y
- -469.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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FEME.L vs. FSED.L - Expense Ratio Comparison
FEME.L has a 0.50% expense ratio, which is higher than FSED.L's 0.45% expense ratio.
Return for Risk
FEME.L vs. FSED.L — Risk / Return Rank
FEME.L
FSED.L
FEME.L vs. FSED.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets Quality Income UCITS ETF USD Inc (FEME.L) and Fidelity Sustainable USD EM Bond UCITS ETF (FSED.L). 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.
| FEME.L | FSED.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | — | — |
Sortino ratioReturn per unit of downside risk | 1.96 | -1.71 | +3.67 |
Omega ratioGain probability vs. loss probability | 1.28 | 0.06 | +1.22 |
Calmar ratioReturn relative to maximum drawdown | 2.02 | -1.68 | +3.70 |
Martin ratioReturn relative to average drawdown | 7.09 | -2.22 | +9.31 |
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
| FEME.L | FSED.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.00 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.19 | — | — |
Correlation
The correlation between FEME.L and FSED.L is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FEME.L vs. FSED.L - Dividend Comparison
FEME.L has not paid dividends to shareholders, while FSED.L's dividend yield for the trailing twelve months is around 501.63%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FEME.L Fidelity Emerging Markets Quality Income UCITS ETF USD Inc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSED.L Fidelity Sustainable USD EM Bond UCITS ETF | 501.63% | 647.10% | 641.46% | 589.31% | 486.33% | 237.40% |
Drawdowns
FEME.L vs. FSED.L - Drawdown Comparison
The maximum FEME.L drawdown since its inception was -41.21%, smaller than the maximum FSED.L drawdown of -579.88%. Use the drawdown chart below to compare losses from any high point for FEME.L and FSED.L.
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Drawdown Indicators
| FEME.L | FSED.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.21% | -633.69% | +592.48% |
Max Drawdown (1Y)Largest decline over 1 year | -11.45% | -275.01% | +263.56% |
Max Drawdown (5Y)Largest decline over 5 years | -41.21% | -633.69% | +592.48% |
Current DrawdownCurrent decline from peak | -11.24% | -269.11% | +257.87% |
Average DrawdownAverage peak-to-trough decline | -17.56% | -134.53% | +116.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 208.03% | -204.77% |
Volatility
FEME.L vs. FSED.L - Volatility Comparison
Fidelity Emerging Markets Quality Income UCITS ETF USD Inc (FEME.L) has a higher volatility of 6.96% compared to Fidelity Sustainable USD EM Bond UCITS ETF (FSED.L) at 2.67%. This indicates that FEME.L's price experiences larger fluctuations and is considered to be riskier than FSED.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEME.L | FSED.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.96% | 2.67% | +4.29% |
Volatility (6M)Calculated over the trailing 6-month period | 11.33% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 16.69% | 434.63% | -417.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.68% | 2,168.94% | -2,152.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.60% | 2,167.22% | -2,147.62% |