FEMKX vs. PCY
Compare and contrast key facts about Fidelity Emerging Markets (FEMKX) and Invesco Emerging Markets Sovereign Debt ETF (PCY).
FEMKX is managed by Fidelity. It was launched on Nov 1, 1990. PCY is a passively managed fund by Invesco that tracks the performance of the DB Emerging Market USD Liquid Balanced Index. It was launched on Oct 11, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEMKX or PCY.
Correlation
The correlation between FEMKX and PCY is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FEMKX vs. PCY - Performance Comparison
Key characteristics
FEMKX:
0.71
PCY:
0.38
FEMKX:
1.11
PCY:
0.57
FEMKX:
1.13
PCY:
1.07
FEMKX:
0.39
PCY:
0.20
FEMKX:
2.95
PCY:
1.58
FEMKX:
3.74%
PCY:
2.32%
FEMKX:
15.51%
PCY:
9.74%
FEMKX:
-71.06%
PCY:
-49.14%
FEMKX:
-18.82%
PCY:
-11.80%
Returns By Period
In the year-to-date period, FEMKX achieves a 8.05% return, which is significantly higher than PCY's 3.52% return. Over the past 10 years, FEMKX has outperformed PCY with an annualized return of 6.25%, while PCY has yielded a comparatively lower 2.02% annualized return.
FEMKX
8.05%
-1.85%
-2.35%
9.52%
4.01%
6.25%
PCY
3.52%
-1.32%
1.76%
3.37%
-1.81%
2.02%
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FEMKX vs. PCY - Expense Ratio Comparison
FEMKX has a 0.88% expense ratio, which is higher than PCY's 0.50% expense ratio.
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.
Dividends
FEMKX vs. PCY - Dividend Comparison
FEMKX's dividend yield for the trailing twelve months is around 0.05%, less than PCY's 6.00% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
PCY Invesco Emerging Markets Sovereign Debt ETF | 6.00% | 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.
Volatility
FEMKX vs. PCY - Volatility Comparison
Fidelity Emerging Markets (FEMKX) and Invesco Emerging Markets Sovereign Debt ETF (PCY) have volatilities of 3.40% and 3.29%, 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.