FEMVX vs. SPY
Compare and contrast key facts about Fidelity SAI Emerging Markets Value Index Fund (FEMVX) and SPDR S&P 500 ETF (SPY).
FEMVX is managed by Fidelity. It was launched on May 11, 2020. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEMVX or SPY.
Correlation
The correlation between FEMVX and SPY 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.
Performance
FEMVX vs. SPY - Performance Comparison
Key characteristics
FEMVX:
1.25
SPY:
1.87
FEMVX:
1.77
SPY:
2.52
FEMVX:
1.23
SPY:
1.35
FEMVX:
1.70
SPY:
2.81
FEMVX:
4.17
SPY:
11.69
FEMVX:
4.07%
SPY:
2.02%
FEMVX:
13.58%
SPY:
12.65%
FEMVX:
-31.94%
SPY:
-55.19%
FEMVX:
-3.12%
SPY:
0.00%
Returns By Period
In the year-to-date period, FEMVX achieves a 5.20% return, which is significantly higher than SPY's 4.58% return.
FEMVX
5.20%
4.72%
1.87%
15.66%
N/A
N/A
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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FEMVX vs. SPY - Expense Ratio Comparison
FEMVX has a 0.22% expense ratio, which is higher than SPY's 0.09% 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%.
Risk-Adjusted Performance
FEMVX vs. SPY — Risk-Adjusted Performance Rank
FEMVX
SPY
FEMVX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Emerging Markets Value Index Fund (FEMVX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
FEMVX vs. SPY - Dividend Comparison
FEMVX's dividend yield for the trailing twelve months is around 3.54%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEMVX Fidelity SAI Emerging Markets Value Index Fund | 3.54% | 3.72% | 4.73% | 4.87% | 2.95% | 1.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.15% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FEMVX vs. SPY - Drawdown Comparison
The maximum FEMVX drawdown since its inception was -31.94%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FEMVX and SPY. For additional features, visit the drawdowns tool.
Volatility
FEMVX vs. SPY - Volatility Comparison
Fidelity SAI Emerging Markets Value Index Fund (FEMVX) has a higher volatility of 3.53% compared to SPDR S&P 500 ETF (SPY) at 3.00%. This indicates that FEMVX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.