FEMKX vs. DEM
Compare and contrast key facts about Fidelity Emerging Markets (FEMKX) and WisdomTree Emerging Markets Equity Income Fund (DEM).
FEMKX is managed by Fidelity. It was launched on Nov 1, 1990. DEM is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Emerging Markets Equity income Index. It was launched on Jul 13, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEMKX or DEM.
Key characteristics
| FEMKX | DEM | |
|---|---|---|
| YTD Return | 7.58% | 8.57% |
| 1Y Return | 16.12% | 21.43% |
| 3Y Return (Ann) | -3.50% | 5.69% |
| 5Y Return (Ann) | 7.17% | 6.89% |
| 10Y Return (Ann) | 5.99% | 3.66% |
| Sharpe Ratio | 1.31 | 1.72 |
| Daily Std Dev | 13.71% | 13.53% |
| Max Drawdown | -71.06% | -51.85% |
| Current Drawdown | -19.18% | 0.00% |
Correlation
The correlation between FEMKX and DEM is 0.81, 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.
Performance
FEMKX vs. DEM - Performance Comparison
In the year-to-date period, FEMKX achieves a 7.58% return, which is significantly lower than DEM's 8.57% return. Over the past 10 years, FEMKX has outperformed DEM with an annualized return of 5.99%, while DEM has yielded a comparatively lower 3.66% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FEMKX vs. DEM - Expense Ratio Comparison
FEMKX has a 0.88% expense ratio, which is higher than DEM's 0.63% expense ratio.
Risk-Adjusted Performance
FEMKX vs. DEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets (FEMKX) and WisdomTree Emerging Markets Equity Income Fund (DEM). 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.
Dividends
FEMKX vs. DEM - Dividend Comparison
FEMKX's dividend yield for the trailing twelve months is around 1.03%, less than DEM's 5.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEMKX Fidelity Emerging Markets | 1.03% | 1.11% | 0.77% | 6.00% | 1.39% | 1.71% | 0.83% | 0.58% | 0.67% | 0.51% | 1.24% | 0.08% |
DEM WisdomTree Emerging Markets Equity Income Fund | 5.37% | 5.49% | 8.62% | 5.87% | 4.21% | 4.79% | 4.47% | 3.67% | 3.63% | 5.21% | 5.51% | 4.10% |
Drawdowns
FEMKX vs. DEM - Drawdown Comparison
The maximum FEMKX drawdown since its inception was -71.06%, which is greater than DEM's maximum drawdown of -51.85%. Use the drawdown chart below to compare losses from any high point for FEMKX and DEM. For additional features, visit the drawdowns tool.
Volatility
FEMKX vs. DEM - Volatility Comparison
Fidelity Emerging Markets (FEMKX) has a higher volatility of 4.20% compared to WisdomTree Emerging Markets Equity Income Fund (DEM) at 3.49%. This indicates that FEMKX's price experiences larger fluctuations and is considered to be riskier than DEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.