FEMSX vs. FIMKX
Compare and contrast key facts about Fidelity Series Emerging Markets Opportunities Fund (FEMSX) and Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX).
FEMSX is managed by Fidelity. It was launched on Dec 9, 2008. FIMKX is managed by Fidelity. It was launched on Mar 29, 2004.
Performance
FEMSX vs. FIMKX - Performance Comparison
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FEMSX vs. FIMKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEMSX Fidelity Series Emerging Markets Opportunities Fund | 5.44% | 37.92% | 7.84% | 14.23% | -23.95% | -5.14% | 24.72% | 28.87% | -16.20% | 49.92% |
FIMKX Fidelity Advisor Focused Emerging Markets Fund Class I | 4.40% | 40.06% | 9.31% | 8.44% | -19.82% | -2.63% | 30.43% | 29.75% | -18.06% | 46.67% |
Returns By Period
In the year-to-date period, FEMSX achieves a 5.44% return, which is significantly higher than FIMKX's 4.40% return. Both investments have delivered pretty close results over the past 10 years, with FEMSX having a 10.88% annualized return and FIMKX not far behind at 10.75%.
FEMSX
- 1D
- 3.55%
- 1M
- -8.32%
- YTD
- 5.44%
- 6M
- 10.54%
- 1Y
- 38.82%
- 3Y*
- 19.32%
- 5Y*
- 4.35%
- 10Y*
- 10.88%
FIMKX
- 1D
- 3.45%
- 1M
- -8.82%
- YTD
- 4.40%
- 6M
- 9.39%
- 1Y
- 36.73%
- 3Y*
- 18.75%
- 5Y*
- 5.28%
- 10Y*
- 10.75%
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FEMSX vs. FIMKX - Expense Ratio Comparison
FEMSX has a 0.01% expense ratio, which is lower than FIMKX's 1.03% expense ratio.
Return for Risk
FEMSX vs. FIMKX — Risk / Return Rank
FEMSX
FIMKX
FEMSX vs. FIMKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Emerging Markets Opportunities Fund (FEMSX) and Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX). 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.
| FEMSX | FIMKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.08 | 2.04 | +0.03 |
Sortino ratioReturn per unit of downside risk | 2.68 | 2.57 | +0.11 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.40 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.89 | 2.67 | +0.22 |
Martin ratioReturn relative to average drawdown | 11.41 | 10.16 | +1.25 |
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
| FEMSX | FIMKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 2.04 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.29 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.57 | 0.58 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.41 | +0.09 |
Correlation
The correlation between FEMSX and FIMKX 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
FEMSX vs. FIMKX - Dividend Comparison
FEMSX's dividend yield for the trailing twelve months is around 2.32%, more than FIMKX's 1.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEMSX Fidelity Series Emerging Markets Opportunities Fund | 2.32% | 2.45% | 2.08% | 2.82% | 2.39% | 12.83% | 2.99% | 2.48% | 9.42% | 8.98% | 1.46% | 1.27% |
FIMKX Fidelity Advisor Focused Emerging Markets Fund Class I | 1.51% | 1.57% | 1.20% | 1.60% | 1.14% | 5.19% | 2.09% | 10.86% | 0.61% | 0.10% | 0.45% | 0.19% |
Drawdowns
FEMSX vs. FIMKX - Drawdown Comparison
The maximum FEMSX drawdown since its inception was -44.16%, smaller than the maximum FIMKX drawdown of -69.98%. Use the drawdown chart below to compare losses from any high point for FEMSX and FIMKX.
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Drawdown Indicators
| FEMSX | FIMKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.16% | -69.98% | +25.82% |
Max Drawdown (1Y)Largest decline over 1 year | -13.42% | -13.72% | +0.30% |
Max Drawdown (5Y)Largest decline over 5 years | -41.64% | -40.49% | -1.15% |
Max Drawdown (10Y)Largest decline over 10 years | -44.16% | -41.85% | -2.31% |
Current DrawdownCurrent decline from peak | -10.35% | -10.74% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -13.52% | -19.99% | +6.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | 3.61% | -0.21% |
Volatility
FEMSX vs. FIMKX - Volatility Comparison
Fidelity Series Emerging Markets Opportunities Fund (FEMSX) has a higher volatility of 10.41% compared to Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) at 9.39%. This indicates that FEMSX's price experiences larger fluctuations and is considered to be riskier than FIMKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEMSX | FIMKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.41% | 9.39% | +1.02% |
Volatility (6M)Calculated over the trailing 6-month period | 14.73% | 13.49% | +1.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.16% | 18.66% | +0.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.65% | 18.52% | +0.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.13% | 18.58% | +0.55% |