Correlation
The correlation between FEMVX and AVES is 0.61, 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.
FEMVX vs. AVES
Compare and contrast key facts about Fidelity SAI Emerging Markets Value Index Fund (FEMVX) and Avantis Emerging Markets Value ETF (AVES).
FEMVX is managed by Fidelity. It was launched on May 11, 2020. AVES is an actively managed fund by American Century Investments. It was launched on Sep 28, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEMVX or AVES.
Performance
FEMVX vs. AVES - Performance Comparison
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Key characteristics
FEMVX:
0.50
AVES:
0.45
FEMVX:
0.83
AVES:
0.70
FEMVX:
1.11
AVES:
1.09
FEMVX:
0.55
AVES:
0.40
FEMVX:
1.73
AVES:
1.10
FEMVX:
4.98%
AVES:
6.79%
FEMVX:
16.61%
AVES:
18.09%
FEMVX:
-31.94%
AVES:
-27.40%
FEMVX:
-0.84%
AVES:
-0.37%
Returns By Period
In the year-to-date period, FEMVX achieves a 8.10% return, which is significantly lower than AVES's 11.19% return.
FEMVX
8.10%
5.60%
7.44%
9.78%
9.12%
10.32%
N/A
AVES
11.19%
7.74%
8.26%
8.15%
7.62%
N/A
N/A
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FEMVX vs. AVES - Expense Ratio Comparison
FEMVX has a 0.22% expense ratio, which is lower than AVES's 0.36% expense ratio.
Risk-Adjusted Performance
FEMVX vs. AVES — Risk-Adjusted Performance Rank
FEMVX
AVES
FEMVX vs. AVES - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Emerging Markets Value Index Fund (FEMVX) and Avantis Emerging Markets Value ETF (AVES). 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.
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Dividends
FEMVX vs. AVES - Dividend Comparison
FEMVX's dividend yield for the trailing twelve months is around 3.44%, less than AVES's 3.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
FEMVX Fidelity SAI Emerging Markets Value Index Fund | 3.44% | 3.72% | 4.73% | 4.87% | 5.50% | 1.42% |
AVES Avantis Emerging Markets Value ETF | 3.68% | 4.09% | 3.96% | 3.70% | 0.62% | 0.00% |
Drawdowns
FEMVX vs. AVES - Drawdown Comparison
The maximum FEMVX drawdown since its inception was -31.94%, which is greater than AVES's maximum drawdown of -27.40%. Use the drawdown chart below to compare losses from any high point for FEMVX and AVES.
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Volatility
FEMVX vs. AVES - Volatility Comparison
The current volatility for Fidelity SAI Emerging Markets Value Index Fund (FEMVX) is 3.43%, while Avantis Emerging Markets Value ETF (AVES) has a volatility of 4.15%. This indicates that FEMVX experiences smaller price fluctuations and is considered to be less risky than AVES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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