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

Correlation

The correlation between FEMKX and FSPSX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

FEMKX vs. FSPSX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FEMKX:

0.20

FSPSX:

0.62

Sortino Ratio

FEMKX:

0.39

FSPSX:

1.00

Omega Ratio

FEMKX:

1.05

FSPSX:

1.14

Calmar Ratio

FEMKX:

0.11

FSPSX:

0.80

Martin Ratio

FEMKX:

0.55

FSPSX:

2.33

Ulcer Index

FEMKX:

6.43%

FSPSX:

4.69%

Daily Std Dev

FEMKX:

19.48%

FSPSX:

16.73%

Max Drawdown

FEMKX:

-71.06%

FSPSX:

-33.69%

Current Drawdown

FEMKX:

-21.13%

FSPSX:

-0.89%

Returns By Period

In the year-to-date period, FEMKX achieves a 2.81% return, which is significantly lower than FSPSX's 13.04% return. Both investments have delivered pretty close results over the past 10 years, with FEMKX having a 5.28% annualized return and FSPSX not far ahead at 5.46%.


FEMKX

YTD

2.81%

1M

8.72%

6M

-3.45%

1Y

3.70%

5Y*

5.64%

10Y*

5.28%

FSPSX

YTD

13.04%

1M

8.15%

6M

9.51%

1Y

10.01%

5Y*

12.13%

10Y*

5.46%

*Annualized

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FEMKX vs. FSPSX - Expense Ratio Comparison

FEMKX has a 0.88% expense ratio, which is higher than FSPSX's 0.04% expense ratio.


Risk-Adjusted Performance

FEMKX vs. FSPSX — 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 3131
Overall Rank
The Sharpe Ratio Rank of FEMKX is 3232
Sharpe Ratio Rank
The Sortino Ratio Rank of FEMKX is 3232
Sortino Ratio Rank
The Omega Ratio Rank of FEMKX is 2929
Omega Ratio Rank
The Calmar Ratio Rank of FEMKX is 3333
Calmar Ratio Rank
The Martin Ratio Rank of FEMKX is 3131
Martin Ratio Rank

FSPSX
The Risk-Adjusted Performance Rank of FSPSX is 7070
Overall Rank
The Sharpe Ratio Rank of FSPSX is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of FSPSX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of FSPSX is 6767
Omega Ratio Rank
The Calmar Ratio Rank of FSPSX is 8383
Calmar Ratio Rank
The Martin Ratio Rank of FSPSX is 6868
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. FSPSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets (FEMKX) and Fidelity International Index Fund (FSPSX). 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 0.20, which is lower than the FSPSX Sharpe Ratio of 0.62. The chart below compares the historical Sharpe Ratios of FEMKX and FSPSX, 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. FSPSX - Dividend Comparison

FEMKX's dividend yield for the trailing twelve months is around 0.63%, less than FSPSX's 2.56% yield.


TTM20242023202220212020201920182017201620152014
FEMKX
Fidelity Emerging Markets
0.63%0.65%1.11%0.77%1.06%0.20%1.71%0.81%0.49%0.67%0.51%1.24%
FSPSX
Fidelity International Index Fund
2.56%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.36%2.99%2.79%3.53%

Drawdowns

FEMKX vs. FSPSX - Drawdown Comparison

The maximum FEMKX drawdown since its inception was -71.06%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FEMKX and FSPSX. For additional features, visit the drawdowns tool.


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Volatility

FEMKX vs. FSPSX - Volatility Comparison

Fidelity Emerging Markets (FEMKX) has a higher volatility of 5.60% compared to Fidelity International Index Fund (FSPSX) at 4.08%. This indicates that FEMKX's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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