FEMVX vs. WAEMX
Compare and contrast key facts about Fidelity SAI Emerging Markets Value Index Fund (FEMVX) and Wasatch Emerging Markets Small Cap Fund (WAEMX).
FEMVX is managed by Fidelity. It was launched on May 11, 2020. WAEMX is managed by Wasatch. It was launched on Sep 30, 2007.
Performance
FEMVX vs. WAEMX - Performance Comparison
Loading graphics...
FEMVX vs. WAEMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FEMVX Fidelity SAI Emerging Markets Value Index Fund | 6.77% | 33.95% | 11.68% | 17.43% | -16.98% | 6.02% | 35.70% |
WAEMX Wasatch Emerging Markets Small Cap Fund | 4.12% | 5.85% | -2.21% | 21.20% | -38.76% | 30.16% | 55.76% |
Returns By Period
In the year-to-date period, FEMVX achieves a 6.77% return, which is significantly higher than WAEMX's 4.12% return.
FEMVX
- 1D
- 3.21%
- 1M
- -7.46%
- YTD
- 6.77%
- 6M
- 13.99%
- 1Y
- 37.55%
- 3Y*
- 21.31%
- 5Y*
- 8.94%
- 10Y*
- —
WAEMX
- 1D
- 1.14%
- 1M
- -5.85%
- YTD
- 4.12%
- 6M
- 9.04%
- 1Y
- 21.06%
- 3Y*
- 6.68%
- 5Y*
- -0.10%
- 10Y*
- 6.63%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FEMVX vs. WAEMX - Expense Ratio Comparison
FEMVX has a 0.22% expense ratio, which is lower than WAEMX's 1.91% expense ratio.
Return for Risk
FEMVX vs. WAEMX — Risk / Return Rank
FEMVX
WAEMX
FEMVX vs. WAEMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Emerging Markets Value Index Fund (FEMVX) and Wasatch Emerging Markets Small Cap Fund (WAEMX). 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 | WAEMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.23 | 1.26 | +0.97 |
Sortino ratioReturn per unit of downside risk | 2.85 | 1.82 | +1.03 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.23 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 3.13 | 2.20 | +0.93 |
Martin ratioReturn relative to average drawdown | 11.81 | 7.78 | +4.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FEMVX | WAEMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.23 | 1.26 | +0.97 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | -0.01 | +0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.37 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.94 | 0.25 | +0.68 |
Correlation
The correlation between FEMVX and WAEMX is 0.68, 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. WAEMX - Dividend Comparison
FEMVX's dividend yield for the trailing twelve months is around 3.72%, less than WAEMX's 67.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEMVX Fidelity SAI Emerging Markets Value Index Fund | 3.72% | 3.97% | 3.65% | 4.73% | 4.87% | 5.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WAEMX Wasatch Emerging Markets Small Cap Fund | 67.61% | 70.40% | 6.49% | 0.00% | 3.32% | 6.03% | 7.15% | 5.82% | 12.81% | 0.00% | 0.00% | 0.02% |
Drawdowns
FEMVX vs. WAEMX - Drawdown Comparison
The maximum FEMVX drawdown since its inception was -30.54%, smaller than the maximum WAEMX drawdown of -66.35%. Use the drawdown chart below to compare losses from any high point for FEMVX and WAEMX.
Loading graphics...
Drawdown Indicators
| FEMVX | WAEMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.54% | -66.35% | +35.81% |
Max Drawdown (1Y)Largest decline over 1 year | -12.20% | -9.38% | -2.82% |
Max Drawdown (5Y)Largest decline over 5 years | -30.54% | -44.88% | +14.34% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.88% | — |
Current DrawdownCurrent decline from peak | -9.38% | -22.97% | +13.59% |
Average DrawdownAverage peak-to-trough decline | -7.85% | -16.87% | +9.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 2.65% | +0.58% |
Volatility
FEMVX vs. WAEMX - Volatility Comparison
Fidelity SAI Emerging Markets Value Index Fund (FEMVX) has a higher volatility of 9.31% compared to Wasatch Emerging Markets Small Cap Fund (WAEMX) at 7.25%. This indicates that FEMVX's price experiences larger fluctuations and is considered to be riskier than WAEMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FEMVX | WAEMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.31% | 7.25% | +2.06% |
Volatility (6M)Calculated over the trailing 6-month period | 13.12% | 12.20% | +0.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.35% | 16.78% | +0.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.35% | 17.41% | -2.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.77% | 17.94% | -2.17% |