FEMSX vs. FDEM
Compare and contrast key facts about Fidelity Series Emerging Markets Opportunities Fund (FEMSX) and Fidelity Emerging Markets Multifactor ETF (FDEM).
FEMSX is managed by Fidelity. It was launched on Dec 9, 2008. FDEM is a passively managed fund by Fidelity that tracks the performance of the Fidelity Targeted Emerging Markets Factor Index. It was launched on Feb 26, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEMSX or FDEM.
Correlation
The correlation between FEMSX and FDEM is 0.89, 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.
Performance
FEMSX vs. FDEM - Performance Comparison
Key characteristics
FEMSX:
0.63
FDEM:
0.98
FEMSX:
0.98
FDEM:
1.44
FEMSX:
1.12
FDEM:
1.18
FEMSX:
0.31
FDEM:
1.10
FEMSX:
2.19
FDEM:
4.19
FEMSX:
4.40%
FDEM:
3.18%
FEMSX:
15.44%
FDEM:
13.59%
FEMSX:
-44.16%
FDEM:
-33.65%
FEMSX:
-21.77%
FDEM:
-5.25%
Returns By Period
In the year-to-date period, FEMSX achieves a 7.56% return, which is significantly lower than FDEM's 11.61% return.
FEMSX
7.56%
-1.74%
-0.69%
10.30%
2.18%
5.70%
FDEM
11.61%
1.50%
2.80%
13.82%
3.62%
N/A
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FEMSX vs. FDEM - Expense Ratio Comparison
FEMSX has a 0.01% expense ratio, which is lower than FDEM's 0.45% expense ratio.
Risk-Adjusted Performance
FEMSX vs. FDEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Emerging Markets Opportunities Fund (FEMSX) and Fidelity Emerging Markets Multifactor ETF (FDEM). 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
FEMSX vs. FDEM - Dividend Comparison
FEMSX has not paid dividends to shareholders, while FDEM's dividend yield for the trailing twelve months is around 4.03%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEMSX Fidelity Series Emerging Markets Opportunities Fund | 0.00% | 2.82% | 2.39% | 3.26% | 1.33% | 2.41% | 2.47% | 1.81% | 1.24% | 1.27% | 0.83% | 1.97% |
FDEM Fidelity Emerging Markets Multifactor ETF | 4.03% | 4.41% | 3.95% | 2.71% | 1.84% | 2.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FEMSX vs. FDEM - Drawdown Comparison
The maximum FEMSX drawdown since its inception was -44.16%, which is greater than FDEM's maximum drawdown of -33.65%. Use the drawdown chart below to compare losses from any high point for FEMSX and FDEM. For additional features, visit the drawdowns tool.
Volatility
FEMSX vs. FDEM - Volatility Comparison
Fidelity Series Emerging Markets Opportunities Fund (FEMSX) and Fidelity Emerging Markets Multifactor ETF (FDEM) have volatilities of 3.86% and 3.93%, 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.