FEMQ.L vs. FEMD.L
Compare and contrast key facts about Fidelity Emerging Markets Quality Income UCITS ETF (FEMQ.L) and Fidelity Emerging Markets Quality Income UCITS ETF (FEMD.L).
FEMQ.L and FEMD.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FEMQ.L is a passively managed fund by Fidelity that tracks the performance of the MSCI EM NR USD. It was launched on Nov 20, 2017. FEMD.L is a passively managed fund by Fidelity that tracks the performance of the MSCI EM NR USD. It was launched on Sep 9, 2019. Both FEMQ.L and FEMD.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FEMQ.L vs. FEMD.L - Performance Comparison
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FEMQ.L vs. FEMD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FEMQ.L Fidelity Emerging Markets Quality Income UCITS ETF | 6.68% | 20.96% | 6.49% | 9.64% | -15.02% | 7.70% | 9.31% | 1.66% |
FEMD.L Fidelity Emerging Markets Quality Income UCITS ETF | 6.96% | 20.67% | 6.74% | 9.89% | -15.51% | 6.86% | 9.56% | 2.24% |
Returns By Period
The year-to-date returns for both investments are quite close, with FEMQ.L having a 6.68% return and FEMD.L slightly higher at 6.96%.
FEMQ.L
- 1D
- 2.99%
- 1M
- -4.56%
- YTD
- 6.68%
- 6M
- 10.07%
- 1Y
- 28.85%
- 3Y*
- 13.88%
- 5Y*
- 5.43%
- 10Y*
- —
FEMD.L
- 1D
- 3.21%
- 1M
- -4.51%
- YTD
- 6.96%
- 6M
- 10.40%
- 1Y
- 28.92%
- 3Y*
- 13.81%
- 5Y*
- 5.27%
- 10Y*
- —
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FEMQ.L vs. FEMD.L - Expense Ratio Comparison
Both FEMQ.L and FEMD.L have an expense ratio of 0.50%.
Return for Risk
FEMQ.L vs. FEMD.L — Risk / Return Rank
FEMQ.L
FEMD.L
FEMQ.L vs. FEMD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets Quality Income UCITS ETF (FEMQ.L) and Fidelity Emerging Markets Quality Income UCITS ETF (FEMD.L). 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.
| FEMQ.L | FEMD.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.92 | 1.94 | -0.02 |
Sortino ratioReturn per unit of downside risk | 2.55 | 2.60 | -0.05 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 3.35 | 3.30 | +0.05 |
Martin ratioReturn relative to average drawdown | 10.82 | 10.81 | +0.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FEMQ.L | FEMD.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.92 | 1.94 | -0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.36 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.39 | -0.05 |
Correlation
The correlation between FEMQ.L and FEMD.L is 0.97, 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.
Dividends
FEMQ.L vs. FEMD.L - Dividend Comparison
FEMQ.L has not paid dividends to shareholders, while FEMD.L's dividend yield for the trailing twelve months is around 3.35%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FEMQ.L Fidelity Emerging Markets Quality Income UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FEMD.L Fidelity Emerging Markets Quality Income UCITS ETF | 3.35% | 3.48% | 3.76% | 3.69% | 3.99% | 3.27% | 2.62% | 0.37% |
Drawdowns
FEMQ.L vs. FEMD.L - Drawdown Comparison
The maximum FEMQ.L drawdown since its inception was -28.13%, roughly equal to the maximum FEMD.L drawdown of -27.55%. Use the drawdown chart below to compare losses from any high point for FEMQ.L and FEMD.L.
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Drawdown Indicators
| FEMQ.L | FEMD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.13% | -27.55% | -0.58% |
Max Drawdown (1Y)Largest decline over 1 year | -10.91% | -10.46% | -0.45% |
Max Drawdown (5Y)Largest decline over 5 years | -25.31% | -25.26% | -0.05% |
Current DrawdownCurrent decline from peak | -6.05% | -5.99% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -8.16% | -8.43% | +0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.72% | 2.73% | -0.01% |
Volatility
FEMQ.L vs. FEMD.L - Volatility Comparison
The current volatility for Fidelity Emerging Markets Quality Income UCITS ETF (FEMQ.L) is 5.60%, while Fidelity Emerging Markets Quality Income UCITS ETF (FEMD.L) has a volatility of 5.92%. This indicates that FEMQ.L experiences smaller price fluctuations and is considered to be less risky than FEMD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEMQ.L | FEMD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 5.92% | -0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 10.52% | 10.65% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.99% | 14.86% | +0.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.33% | 14.44% | -0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.22% | 17.39% | -0.17% |