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

Performance

FEMKX vs. VWO - Performance Comparison

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

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
1.06%
3.75%
FEMKX
VWO

Returns By Period

In the year-to-date period, FEMKX achieves a 9.70% return, which is significantly lower than VWO's 11.32% return. Over the past 10 years, FEMKX has outperformed VWO with an annualized return of 5.93%, while VWO 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%

VWO

YTD

11.32%

1M

-4.28%

6M

3.75%

1Y

15.49%

5Y (annualized)

4.42%

10Y (annualized)

3.41%

Key characteristics


FEMKXVWO
Sharpe Ratio0.911.03
Sortino Ratio1.391.53
Omega Ratio1.171.19
Calmar Ratio0.490.64
Martin Ratio4.245.02
Ulcer Index3.30%3.02%
Daily Std Dev15.39%14.72%
Max Drawdown-71.06%-67.68%
Current Drawdown-17.58%-10.39%

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FEMKX vs. VWO - Expense Ratio Comparison

FEMKX has a 0.88% expense ratio, which is higher than VWO's 0.08% 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 VWO: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Correlation

-0.50.00.51.00.9

The correlation between FEMKX and VWO is 0.88, 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. VWO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets (FEMKX) and Vanguard FTSE Emerging Markets ETF (VWO). 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-1.000.001.002.003.004.005.000.911.03
The chart of Sortino ratio for FEMKX, currently valued at 1.39, compared to the broader market0.005.0010.001.391.53
The chart of Omega ratio for FEMKX, currently valued at 1.17, compared to the broader market1.002.003.004.001.171.19
The chart of Calmar ratio for FEMKX, currently valued at 0.49, compared to the broader market0.005.0010.0015.0020.000.490.64
The chart of Martin ratio for FEMKX, currently valued at 4.24, compared to the broader market0.0020.0040.0060.0080.00100.004.245.02
FEMKX
VWO

The current FEMKX Sharpe Ratio is 0.91, which is comparable to the VWO Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of FEMKX and VWO, 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 Ratio0.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
0.91
1.03
FEMKX
VWO

Dividends

FEMKX vs. VWO - Dividend Comparison

FEMKX's dividend yield for the trailing twelve months is around 1.01%, less than VWO's 2.66% 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%
VWO
Vanguard FTSE Emerging Markets ETF
2.66%3.52%4.11%2.63%1.91%3.24%2.88%2.30%2.52%3.26%2.86%2.73%

Drawdowns

FEMKX vs. VWO - Drawdown Comparison

The maximum FEMKX drawdown since its inception was -71.06%, roughly equal to the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for FEMKX and VWO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%JuneJulyAugustSeptemberOctoberNovember
-17.58%
-10.39%
FEMKX
VWO

Volatility

FEMKX vs. VWO - Volatility Comparison

The current volatility for Fidelity Emerging Markets (FEMKX) is 4.09%, while Vanguard FTSE Emerging Markets ETF (VWO) has a volatility of 4.47%. This indicates that FEMKX experiences smaller price fluctuations and is considered to be less risky than VWO 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%
4.47%
FEMKX
VWO