FEMVX vs. FXAIX
Compare and contrast key facts about Fidelity SAI Emerging Markets Value Index Fund (FEMVX) and Fidelity 500 Index Fund (FXAIX).
FEMVX is managed by Fidelity. It was launched on May 11, 2020. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
FEMVX vs. FXAIX - Performance Comparison
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FEMVX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FEMVX Fidelity SAI Emerging Markets Value Index Fund | 3.44% | 33.95% | 11.68% | 17.43% | -16.98% | 6.02% | 35.70% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 32.33% |
Returns By Period
In the year-to-date period, FEMVX achieves a 3.44% return, which is significantly higher than FXAIX's -7.05% return.
FEMVX
- 1D
- -0.74%
- 1M
- -11.53%
- YTD
- 3.44%
- 6M
- 11.46%
- 1Y
- 34.15%
- 3Y*
- 20.03%
- 5Y*
- 8.45%
- 10Y*
- —
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
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FEMVX vs. FXAIX - Expense Ratio Comparison
FEMVX has a 0.22% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
FEMVX vs. FXAIX — Risk / Return Rank
FEMVX
FXAIX
FEMVX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Emerging Markets Value Index Fund (FEMVX) and Fidelity 500 Index Fund (FXAIX). 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.
| FEMVX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.99 | 0.84 | +1.16 |
Sortino ratioReturn per unit of downside risk | 2.56 | 1.30 | +1.27 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.20 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 2.58 | 1.05 | +1.52 |
Martin ratioReturn relative to average drawdown | 9.89 | 5.13 | +4.77 |
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
| FEMVX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.99 | 0.84 | +1.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.68 | -0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.77 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.90 | 0.75 | +0.15 |
Correlation
The correlation between FEMVX and FXAIX is 0.63, 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.
Dividends
FEMVX vs. FXAIX - Dividend Comparison
FEMVX's dividend yield for the trailing twelve months is around 3.83%, more than FXAIX's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEMVX Fidelity SAI Emerging Markets Value Index Fund | 3.83% | 3.97% | 3.65% | 4.73% | 4.87% | 5.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FEMVX vs. FXAIX - Drawdown Comparison
The maximum FEMVX drawdown since its inception was -30.54%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FEMVX and FXAIX.
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Drawdown Indicators
| FEMVX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.54% | -33.79% | +3.25% |
Max Drawdown (1Y)Largest decline over 1 year | -12.20% | -12.13% | -0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -30.54% | -24.50% | -6.04% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.79% | — |
Current DrawdownCurrent decline from peak | -12.20% | -8.89% | -3.31% |
Average DrawdownAverage peak-to-trough decline | -7.85% | -3.83% | -4.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.18% | 2.50% | +0.68% |
Volatility
FEMVX vs. FXAIX - Volatility Comparison
Fidelity SAI Emerging Markets Value Index Fund (FEMVX) has a higher volatility of 8.58% compared to Fidelity 500 Index Fund (FXAIX) at 4.24%. This indicates that FEMVX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEMVX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.58% | 4.24% | +4.34% |
Volatility (6M)Calculated over the trailing 6-month period | 12.78% | 9.08% | +3.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.10% | 18.13% | -1.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.29% | 16.88% | -1.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.72% | 18.03% | -2.31% |