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FEMSX vs. FENI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FEMSX and FENI is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

FEMSX vs. FENI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series Emerging Markets Opportunities Fund (FEMSX) and Fidelity Enhanced International ETF (FENI). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FEMSX:

0.58

FENI:

0.72

Sortino Ratio

FEMSX:

0.98

FENI:

1.19

Omega Ratio

FEMSX:

1.12

FENI:

1.16

Calmar Ratio

FEMSX:

0.34

FENI:

0.97

Martin Ratio

FEMSX:

1.77

FENI:

2.95

Ulcer Index

FEMSX:

6.41%

FENI:

4.65%

Daily Std Dev

FEMSX:

18.83%

FENI:

17.79%

Max Drawdown

FEMSX:

-48.97%

FENI:

-14.20%

Current Drawdown

FEMSX:

-21.32%

FENI:

0.00%

Returns By Period

In the year-to-date period, FEMSX achieves a 9.77% return, which is significantly lower than FENI's 15.02% return.


FEMSX

YTD

9.77%

1M

11.23%

6M

5.04%

1Y

10.83%

5Y*

6.08%

10Y*

3.22%

FENI

YTD

15.02%

1M

9.62%

6M

11.01%

1Y

12.69%

5Y*

N/A

10Y*

N/A

*Annualized

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FEMSX vs. FENI - Expense Ratio Comparison

FEMSX has a 0.01% expense ratio, which is lower than FENI's 0.28% expense ratio.


Risk-Adjusted Performance

FEMSX vs. FENI — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FEMSX
The Risk-Adjusted Performance Rank of FEMSX is 5959
Overall Rank
The Sharpe Ratio Rank of FEMSX is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of FEMSX is 6464
Sortino Ratio Rank
The Omega Ratio Rank of FEMSX is 6060
Omega Ratio Rank
The Calmar Ratio Rank of FEMSX is 5353
Calmar Ratio Rank
The Martin Ratio Rank of FEMSX is 5757
Martin Ratio Rank

FENI
The Risk-Adjusted Performance Rank of FENI is 7575
Overall Rank
The Sharpe Ratio Rank of FENI is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of FENI is 7474
Sortino Ratio Rank
The Omega Ratio Rank of FENI is 7373
Omega Ratio Rank
The Calmar Ratio Rank of FENI is 8282
Calmar Ratio Rank
The Martin Ratio Rank of FENI is 7474
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FEMSX vs. FENI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Emerging Markets Opportunities Fund (FEMSX) and Fidelity Enhanced International ETF (FENI). 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.


The current FEMSX Sharpe Ratio is 0.58, which is comparable to the FENI Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of FEMSX and FENI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FEMSX vs. FENI - Dividend Comparison

FEMSX's dividend yield for the trailing twelve months is around 1.89%, less than FENI's 2.60% yield.


TTM20242023202220212020201920182017201620152014
FEMSX
Fidelity Series Emerging Markets Opportunities Fund
1.89%2.08%2.82%2.39%3.26%1.33%2.41%2.47%1.81%1.24%1.27%0.83%
FENI
Fidelity Enhanced International ETF
2.60%3.02%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FEMSX vs. FENI - Drawdown Comparison

The maximum FEMSX drawdown since its inception was -48.97%, which is greater than FENI's maximum drawdown of -14.20%. Use the drawdown chart below to compare losses from any high point for FEMSX and FENI. For additional features, visit the drawdowns tool.


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Volatility

FEMSX vs. FENI - Volatility Comparison

Fidelity Series Emerging Markets Opportunities Fund (FEMSX) has a higher volatility of 5.06% compared to Fidelity Enhanced International ETF (FENI) at 4.13%. This indicates that FEMSX's price experiences larger fluctuations and is considered to be riskier than FENI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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