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

Correlation

The correlation between FEMSX and FSPSX is 0.66, 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. FSPSX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FEMSX:

0.58

FSPSX:

0.67

Sortino Ratio

FEMSX:

0.98

FSPSX:

1.11

Omega Ratio

FEMSX:

1.12

FSPSX:

1.15

Calmar Ratio

FEMSX:

0.34

FSPSX:

0.91

Martin Ratio

FEMSX:

1.77

FSPSX:

2.64

Ulcer Index

FEMSX:

6.41%

FSPSX:

4.69%

Daily Std Dev

FEMSX:

18.83%

FSPSX:

16.78%

Max Drawdown

FEMSX:

-48.97%

FSPSX:

-33.69%

Current Drawdown

FEMSX:

-21.32%

FSPSX:

0.00%

Returns By Period

In the year-to-date period, FEMSX achieves a 9.77% return, which is significantly lower than FSPSX's 14.28% return. Over the past 10 years, FEMSX has underperformed FSPSX with an annualized return of 3.22%, while FSPSX has yielded a comparatively higher 5.56% annualized return.


FEMSX

YTD

9.77%

1M

11.23%

6M

5.04%

1Y

10.83%

5Y*

6.08%

10Y*

3.22%

FSPSX

YTD

14.28%

1M

9.34%

6M

10.63%

1Y

11.22%

5Y*

12.56%

10Y*

5.56%

*Annualized

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FEMSX vs. FSPSX - Expense Ratio Comparison

FEMSX has a 0.01% expense ratio, which is lower than FSPSX's 0.04% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

FEMSX vs. FSPSX — 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

FSPSX
The Risk-Adjusted Performance Rank of FSPSX is 7676
Overall Rank
The Sharpe Ratio Rank of FSPSX is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of FSPSX is 7373
Sortino Ratio Rank
The Omega Ratio Rank of FSPSX is 7474
Omega Ratio Rank
The Calmar Ratio Rank of FSPSX is 8585
Calmar Ratio Rank
The Martin Ratio Rank of FSPSX is 7575
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. FSPSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Emerging Markets Opportunities Fund (FEMSX) and Fidelity International Index Fund (FSPSX). 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 FSPSX Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of FEMSX and FSPSX, 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. FSPSX - Dividend Comparison

FEMSX's dividend yield for the trailing twelve months is around 1.89%, less than FSPSX's 2.54% 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%
FSPSX
Fidelity International Index Fund
2.54%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.36%2.99%2.79%3.53%

Drawdowns

FEMSX vs. FSPSX - Drawdown Comparison

The maximum FEMSX drawdown since its inception was -48.97%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FEMSX and FSPSX. For additional features, visit the drawdowns tool.


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Volatility

FEMSX vs. FSPSX - Volatility Comparison

Fidelity Series Emerging Markets Opportunities Fund (FEMSX) has a higher volatility of 5.06% compared to Fidelity International Index Fund (FSPSX) at 3.72%. This indicates that FEMSX's price experiences larger fluctuations and is considered to be riskier than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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