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FEMKX vs. DEM
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.8

Performance

FEMKX vs. DEM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Emerging Markets (FEMKX) and WisdomTree Emerging Markets Equity Income Fund (DEM). The values are adjusted to include any dividend payments, if applicable.

60.00%70.00%80.00%90.00%JulyAugustSeptemberOctoberNovemberDecember
62.21%
76.44%
FEMKX
DEM

Key characteristics

Sharpe Ratio

FEMKX:

0.71

DEM:

0.62

Sortino Ratio

FEMKX:

1.11

DEM:

0.94

Omega Ratio

FEMKX:

1.13

DEM:

1.12

Calmar Ratio

FEMKX:

0.39

DEM:

0.86

Martin Ratio

FEMKX:

2.95

DEM:

2.26

Ulcer Index

FEMKX:

3.74%

DEM:

3.98%

Daily Std Dev

FEMKX:

15.51%

DEM:

14.64%

Max Drawdown

FEMKX:

-71.06%

DEM:

-51.85%

Current Drawdown

FEMKX:

-18.82%

DEM:

-9.44%

Returns By Period

In the year-to-date period, FEMKX achieves a 8.05% return, which is significantly higher than DEM's 4.90% return. Over the past 10 years, FEMKX has outperformed DEM with an annualized return of 6.25%, while DEM has yielded a comparatively lower 4.76% annualized return.


FEMKX

YTD

8.05%

1M

-1.85%

6M

-2.35%

1Y

9.52%

5Y*

4.01%

10Y*

6.25%

DEM

YTD

4.90%

1M

-1.21%

6M

-4.12%

1Y

7.24%

5Y*

3.80%

10Y*

4.76%

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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.


FEMKX
Fidelity Emerging Markets
Expense ratio chart for FEMKX: current value at 0.88% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.88%
Expense ratio chart for DEM: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%

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.


Sharpe ratio
The chart of Sharpe ratio for FEMKX, currently valued at 0.71, compared to the broader market-1.000.001.002.003.004.000.710.62
The chart of Sortino ratio for FEMKX, currently valued at 1.11, compared to the broader market-2.000.002.004.006.008.0010.001.110.94
The chart of Omega ratio for FEMKX, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.003.501.131.12
The chart of Calmar ratio for FEMKX, currently valued at 0.39, compared to the broader market0.002.004.006.008.0010.0012.0014.000.390.86
The chart of Martin ratio for FEMKX, currently valued at 2.95, compared to the broader market0.0020.0040.0060.002.952.26
FEMKX
DEM

The current FEMKX Sharpe Ratio is 0.71, which is comparable to the DEM Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of FEMKX and DEM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.71
0.62
FEMKX
DEM

Dividends

FEMKX vs. DEM - Dividend Comparison

FEMKX's dividend yield for the trailing twelve months is around 0.05%, less than DEM's 5.47% yield.


TTM20232022202120202019201820172016201520142013
FEMKX
Fidelity Emerging Markets
0.05%1.11%0.77%1.06%0.20%1.71%0.81%0.49%0.67%0.51%1.24%0.08%
DEM
WisdomTree Emerging Markets Equity Income Fund
4.70%5.49%8.62%5.87%4.21%4.78%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.


-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-18.82%
-9.44%
FEMKX
DEM

Volatility

FEMKX vs. DEM - Volatility Comparison

The current volatility for Fidelity Emerging Markets (FEMKX) is 3.40%, while WisdomTree Emerging Markets Equity Income Fund (DEM) has a volatility of 3.64%. This indicates that FEMKX experiences smaller price fluctuations and is considered to be less risky than DEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.40%
3.64%
FEMKX
DEM
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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