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

Correlation

The correlation between FEMKX and FKEMX 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.


Performance

FEMKX vs. FKEMX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FEMKX:

0.38

FKEMX:

0.39

Sortino Ratio

FEMKX:

0.77

FKEMX:

0.78

Omega Ratio

FEMKX:

1.10

FKEMX:

1.10

Calmar Ratio

FEMKX:

0.28

FKEMX:

0.28

Martin Ratio

FEMKX:

1.37

FKEMX:

1.40

Ulcer Index

FEMKX:

6.43%

FKEMX:

6.41%

Daily Std Dev

FEMKX:

19.69%

FKEMX:

19.72%

Max Drawdown

FEMKX:

-71.06%

FKEMX:

-69.07%

Current Drawdown

FEMKX:

-17.22%

FKEMX:

-16.79%

Returns By Period

The year-to-date returns for both investments are quite close, with FEMKX having a 7.90% return and FKEMX slightly higher at 7.93%. Both investments have delivered pretty close results over the past 10 years, with FEMKX having a 5.75% annualized return and FKEMX not far ahead at 5.90%.


FEMKX

YTD

7.90%

1M

13.16%

6M

4.94%

1Y

7.45%

5Y*

6.82%

10Y*

5.75%

FKEMX

YTD

7.93%

1M

13.16%

6M

4.99%

1Y

7.59%

5Y*

6.95%

10Y*

5.90%

*Annualized

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FEMKX vs. FKEMX - Expense Ratio Comparison

FEMKX has a 0.88% expense ratio, which is higher than FKEMX's 0.77% expense ratio.


Risk-Adjusted Performance

FEMKX vs. FKEMX — Risk-Adjusted Performance Rank

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

FEMKX
The Risk-Adjusted Performance Rank of FEMKX is 4444
Overall Rank
The Sharpe Ratio Rank of FEMKX is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of FEMKX is 4848
Sortino Ratio Rank
The Omega Ratio Rank of FEMKX is 4444
Omega Ratio Rank
The Calmar Ratio Rank of FEMKX is 4141
Calmar Ratio Rank
The Martin Ratio Rank of FEMKX is 4545
Martin Ratio Rank

FKEMX
The Risk-Adjusted Performance Rank of FKEMX is 4444
Overall Rank
The Sharpe Ratio Rank of FKEMX is 4242
Sharpe Ratio Rank
The Sortino Ratio Rank of FKEMX is 4848
Sortino Ratio Rank
The Omega Ratio Rank of FKEMX is 4444
Omega Ratio Rank
The Calmar Ratio Rank of FKEMX is 4242
Calmar Ratio Rank
The Martin Ratio Rank of FKEMX is 4545
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FEMKX vs. FKEMX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets (FEMKX) and Fidelity Emerging Markets K (FKEMX). 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.


The current FEMKX Sharpe Ratio is 0.38, which is comparable to the FKEMX Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of FEMKX and FKEMX, 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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Dividends

FEMKX vs. FKEMX - Dividend Comparison

FEMKX's dividend yield for the trailing twelve months is around 0.60%, less than FKEMX's 0.73% yield.


TTM20242023202220212020201920182017201620152014
FEMKX
Fidelity Emerging Markets
0.60%0.65%1.11%0.77%6.00%1.39%1.71%0.83%0.58%0.67%0.51%1.24%
FKEMX
Fidelity Emerging Markets K
0.73%0.78%1.24%0.89%1.23%0.27%1.85%0.99%0.61%0.84%0.70%1.67%

Drawdowns

FEMKX vs. FKEMX - Drawdown Comparison

The maximum FEMKX drawdown since its inception was -71.06%, roughly equal to the maximum FKEMX drawdown of -69.07%. Use the drawdown chart below to compare losses from any high point for FEMKX and FKEMX. For additional features, visit the drawdowns tool.


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Volatility

FEMKX vs. FKEMX - Volatility Comparison

Fidelity Emerging Markets (FEMKX) and Fidelity Emerging Markets K (FKEMX) have volatilities of 4.67% and 4.68%, 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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