FEMKX vs. FKEMX
Compare and contrast key facts about Fidelity Emerging Markets (FEMKX) and Fidelity Emerging Markets K (FKEMX).
FEMKX is managed by Fidelity. It was launched on Nov 1, 1990. FKEMX is managed by Fidelity. It was launched on May 9, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEMKX or FKEMX.
Key characteristics
| FEMKX | FKEMX | |
|---|---|---|
| YTD Return | 13.00% | 13.11% |
| 1Y Return | 20.86% | 21.00% |
| 3Y Return (Ann) | -3.76% | -3.63% |
| 5Y Return (Ann) | 6.41% | 6.54% |
| 10Y Return (Ann) | 6.41% | 6.59% |
| Sharpe Ratio | 1.43 | 1.44 |
| Sortino Ratio | 2.09 | 2.10 |
| Omega Ratio | 1.26 | 1.26 |
| Calmar Ratio | 0.74 | 0.75 |
| Martin Ratio | 7.08 | 7.15 |
| Ulcer Index | 3.11% | 3.11% |
| Daily Std Dev | 15.47% | 15.49% |
| Max Drawdown | -71.06% | -69.07% |
| Current Drawdown | -15.10% | -14.71% |
Correlation
The correlation between FEMKX and FKEMX is 1.00, 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 year-to-date returns for both investments are quite close, with FEMKX having a 13.00% return and FKEMX slightly higher at 13.11%. Both investments have delivered pretty close results over the past 10 years, with FEMKX having a 6.41% annualized return and FKEMX not far ahead at 6.59%. 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. 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 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.
Dividends
FEMKX vs. FKEMX - Dividend Comparison
FEMKX's dividend yield for the trailing twelve months is around 0.98%, less than FKEMX's 1.10% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEMKX Fidelity Emerging Markets | 0.98% | 1.11% | 0.77% | 1.06% | 0.20% | 1.71% | 0.81% | 0.49% | 0.67% | 0.51% | 1.24% | 0.08% |
FKEMX Fidelity Emerging Markets K | 1.10% | 1.24% | 0.89% | 1.23% | 0.27% | 1.85% | 0.99% | 0.61% | 0.84% | 0.70% | 1.67% | 0.16% |
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.
Volatility
FEMKX vs. FKEMX - Volatility Comparison
Fidelity Emerging Markets (FEMKX) and Fidelity Emerging Markets K (FKEMX) have volatilities of 4.81% and 4.79%, 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.