FEMKX vs. VMMSX
Compare and contrast key facts about Fidelity Emerging Markets (FEMKX) and Vanguard Emerging Markets Select Stock Fund (VMMSX).
FEMKX is managed by Fidelity. It was launched on Nov 1, 1990. VMMSX is managed by Vanguard. It was launched on Jun 27, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEMKX or VMMSX.
Performance
FEMKX vs. VMMSX - Performance Comparison
Returns By Period
In the year-to-date period, FEMKX achieves a 9.70% return, which is significantly higher than VMMSX's 9.00% return. Over the past 10 years, FEMKX has outperformed VMMSX with an annualized return of 5.93%, while VMMSX has yielded a comparatively lower 3.79% annualized return.
FEMKX
9.70%
-3.94%
1.06%
14.16%
5.64%
5.93%
VMMSX
9.00%
-4.37%
0.85%
12.86%
3.77%
3.79%
Key characteristics
| FEMKX | VMMSX | |
|---|---|---|
| Sharpe Ratio | 0.91 | 0.81 |
| Sortino Ratio | 1.39 | 1.23 |
| Omega Ratio | 1.17 | 1.15 |
| Calmar Ratio | 0.49 | 0.48 |
| Martin Ratio | 4.24 | 3.35 |
| Ulcer Index | 3.30% | 3.79% |
| Daily Std Dev | 15.39% | 15.77% |
| Max Drawdown | -71.06% | -39.28% |
| Current Drawdown | -17.58% | -14.36% |
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FEMKX vs. VMMSX - Expense Ratio Comparison
FEMKX has a 0.88% expense ratio, which is higher than VMMSX's 0.84% expense ratio.
Correlation
The correlation between FEMKX and VMMSX is 0.93, 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. VMMSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets (FEMKX) and Vanguard Emerging Markets Select Stock Fund (VMMSX). 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. VMMSX - Dividend Comparison
FEMKX's dividend yield for the trailing twelve months is around 1.01%, less than VMMSX's 2.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VMMSX Vanguard Emerging Markets Select Stock Fund | 2.79% | 3.04% | 3.71% | 1.99% | 1.04% | 2.04% | 2.53% | 1.54% | 1.44% | 1.87% | 1.39% | 1.32% |
Drawdowns
FEMKX vs. VMMSX - Drawdown Comparison
The maximum FEMKX drawdown since its inception was -71.06%, which is greater than VMMSX's maximum drawdown of -39.28%. Use the drawdown chart below to compare losses from any high point for FEMKX and VMMSX. For additional features, visit the drawdowns tool.
Volatility
FEMKX vs. VMMSX - Volatility Comparison
Fidelity Emerging Markets (FEMKX) and Vanguard Emerging Markets Select Stock Fund (VMMSX) have volatilities of 4.09% and 4.22%, 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.