PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FEMKX vs. PCY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FEMKX vs. PCY - Performance Comparison

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

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
1.05%
4.41%
FEMKX
PCY

Returns By Period

In the year-to-date period, FEMKX achieves a 9.70% return, which is significantly higher than PCY's 4.96% return. Over the past 10 years, FEMKX has outperformed PCY with an annualized return of 5.93%, while PCY has yielded a comparatively lower 1.98% annualized return.


FEMKX

YTD

9.70%

1M

-3.94%

6M

1.06%

1Y

14.16%

5Y (annualized)

5.64%

10Y (annualized)

5.93%

PCY

YTD

4.96%

1M

-0.52%

6M

4.41%

1Y

13.78%

5Y (annualized)

-1.05%

10Y (annualized)

1.98%

Key characteristics


FEMKXPCY
Sharpe Ratio0.911.49
Sortino Ratio1.392.16
Omega Ratio1.171.26
Calmar Ratio0.490.69
Martin Ratio4.246.80
Ulcer Index3.30%2.19%
Daily Std Dev15.39%10.01%
Max Drawdown-71.06%-49.14%
Current Drawdown-17.58%-10.58%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FEMKX vs. PCY - Expense Ratio Comparison

FEMKX has a 0.88% expense ratio, which is higher than PCY's 0.50% 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 PCY: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Correlation

-0.50.00.51.00.4

The correlation between FEMKX and PCY is 0.40, 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.

Risk-Adjusted Performance

FEMKX vs. PCY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets (FEMKX) and Invesco Emerging Markets Sovereign Debt ETF (PCY). 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 0.91, compared to the broader market-1.000.001.002.003.004.005.000.911.49
The chart of Sortino ratio for FEMKX, currently valued at 1.39, compared to the broader market0.005.0010.001.392.16
The chart of Omega ratio for FEMKX, currently valued at 1.17, compared to the broader market1.002.003.004.001.171.26
The chart of Calmar ratio for FEMKX, currently valued at 0.49, compared to the broader market0.005.0010.0015.0020.0025.000.490.69
The chart of Martin ratio for FEMKX, currently valued at 4.24, compared to the broader market0.0020.0040.0060.0080.00100.004.246.80
FEMKX
PCY

The current FEMKX Sharpe Ratio is 0.91, which is lower than the PCY Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of FEMKX and PCY, 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 Ratio0.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
0.91
1.49
FEMKX
PCY

Dividends

FEMKX vs. PCY - Dividend Comparison

FEMKX's dividend yield for the trailing twelve months is around 1.01%, less than PCY's 6.49% yield.


TTM20232022202120202019201820172016201520142013
FEMKX
Fidelity Emerging Markets
1.01%1.11%0.77%1.06%0.20%1.71%0.81%0.49%0.67%0.51%1.24%0.08%
PCY
Invesco Emerging Markets Sovereign Debt ETF
6.49%6.48%6.81%4.80%4.45%4.79%4.93%4.80%5.20%5.46%4.58%4.69%

Drawdowns

FEMKX vs. PCY - Drawdown Comparison

The maximum FEMKX drawdown since its inception was -71.06%, which is greater than PCY's maximum drawdown of -49.14%. Use the drawdown chart below to compare losses from any high point for FEMKX and PCY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%JuneJulyAugustSeptemberOctoberNovember
-17.58%
-10.58%
FEMKX
PCY

Volatility

FEMKX vs. PCY - Volatility Comparison

Fidelity Emerging Markets (FEMKX) has a higher volatility of 4.09% compared to Invesco Emerging Markets Sovereign Debt ETF (PCY) at 3.04%. This indicates that FEMKX's price experiences larger fluctuations and is considered to be riskier than PCY 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%JuneJulyAugustSeptemberOctoberNovember
4.09%
3.04%
FEMKX
PCY