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

Performance

FEMKX vs. VEMAX - Performance Comparison

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

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
1.06%
3.67%
FEMKX
VEMAX

Returns By Period

In the year-to-date period, FEMKX achieves a 9.70% return, which is significantly lower than VEMAX's 11.46% return. Over the past 10 years, FEMKX has outperformed VEMAX with an annualized return of 5.93%, while VEMAX has yielded a comparatively lower 3.41% annualized return.


FEMKX

YTD

9.70%

1M

-3.94%

6M

1.06%

1Y

14.16%

5Y (annualized)

5.64%

10Y (annualized)

5.93%

VEMAX

YTD

11.46%

1M

-4.06%

6M

3.67%

1Y

15.53%

5Y (annualized)

4.35%

10Y (annualized)

3.41%

Key characteristics


FEMKXVEMAX
Sharpe Ratio0.911.20
Sortino Ratio1.391.75
Omega Ratio1.171.22
Calmar Ratio0.490.66
Martin Ratio4.245.69
Ulcer Index3.30%2.68%
Daily Std Dev15.39%12.68%
Max Drawdown-71.06%-66.45%
Current Drawdown-17.58%-10.11%

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FEMKX vs. VEMAX - Expense Ratio Comparison

FEMKX has a 0.88% expense ratio, which is higher than VEMAX's 0.14% 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 VEMAX: current value at 0.14% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.14%

Correlation

-0.50.00.51.00.9

The correlation between FEMKX and VEMAX is 0.95, 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.

Risk-Adjusted Performance

FEMKX vs. VEMAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets (FEMKX) and Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX). 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-1.000.001.002.003.004.005.000.911.20
The chart of Sortino ratio for FEMKX, currently valued at 1.39, compared to the broader market0.005.0010.001.391.75
The chart of Omega ratio for FEMKX, currently valued at 1.17, compared to the broader market1.002.003.004.001.171.22
The chart of Calmar ratio for FEMKX, currently valued at 0.49, compared to the broader market0.005.0010.0015.0020.0025.000.490.66
The chart of Martin ratio for FEMKX, currently valued at 4.24, compared to the broader market0.0020.0040.0060.0080.00100.004.245.69
FEMKX
VEMAX

The current FEMKX Sharpe Ratio is 0.91, which is comparable to the VEMAX Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of FEMKX and VEMAX, 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
1.20
FEMKX
VEMAX

Dividends

FEMKX vs. VEMAX - Dividend Comparison

FEMKX's dividend yield for the trailing twelve months is around 1.01%, less than VEMAX's 2.60% 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%
VEMAX
Vanguard Emerging Markets Stock Index Fund Admiral Shares
2.60%3.46%4.05%2.57%1.87%3.19%2.85%2.30%2.51%3.25%2.86%2.76%

Drawdowns

FEMKX vs. VEMAX - Drawdown Comparison

The maximum FEMKX drawdown since its inception was -71.06%, which is greater than VEMAX's maximum drawdown of -66.45%. Use the drawdown chart below to compare losses from any high point for FEMKX and VEMAX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%JuneJulyAugustSeptemberOctoberNovember
-17.58%
-10.11%
FEMKX
VEMAX

Volatility

FEMKX vs. VEMAX - Volatility Comparison

Fidelity Emerging Markets (FEMKX) has a higher volatility of 4.09% compared to Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) at 3.85%. This indicates that FEMKX's price experiences larger fluctuations and is considered to be riskier than VEMAX 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%
3.85%
FEMKX
VEMAX