FERCX vs. MATFX
Compare and contrast key facts about Fidelity Advisor Emerging Asia Fund Class C (FERCX) and Matthews Asia Innovators Fund (MATFX).
FERCX is managed by Fidelity. It was launched on Jun 15, 1999. MATFX is managed by Matthews. It was launched on Dec 26, 1999.
Performance
FERCX vs. MATFX - Performance Comparison
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FERCX vs. MATFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FERCX Fidelity Advisor Emerging Asia Fund Class C | 0.65% | 35.65% | 19.76% | 12.64% | -31.29% | -15.75% | 71.24% | 29.64% | -15.72% | 45.46% |
MATFX Matthews Asia Innovators Fund | 6.71% | 30.22% | 16.47% | -1.77% | -24.66% | -5.90% | 86.75% | 29.60% | -18.59% | 52.78% |
Returns By Period
In the year-to-date period, FERCX achieves a 0.65% return, which is significantly lower than MATFX's 6.71% return. Both investments have delivered pretty close results over the past 10 years, with FERCX having a 11.57% annualized return and MATFX not far behind at 11.50%.
FERCX
- 1D
- -1.12%
- 1M
- -12.60%
- YTD
- 0.65%
- 6M
- 1.94%
- 1Y
- 32.91%
- 3Y*
- 19.60%
- 5Y*
- 1.38%
- 10Y*
- 11.57%
MATFX
- 1D
- -1.05%
- 1M
- -9.74%
- YTD
- 6.71%
- 6M
- 3.63%
- 1Y
- 36.32%
- 3Y*
- 15.76%
- 5Y*
- 2.57%
- 10Y*
- 11.50%
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FERCX vs. MATFX - Expense Ratio Comparison
FERCX has a 1.96% expense ratio, which is higher than MATFX's 1.18% expense ratio.
Return for Risk
FERCX vs. MATFX — Risk / Return Rank
FERCX
MATFX
FERCX vs. MATFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Emerging Asia Fund Class C (FERCX) and Matthews Asia Innovators Fund (MATFX). 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.
| FERCX | MATFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.58 | 1.72 | -0.14 |
Sortino ratioReturn per unit of downside risk | 2.10 | 2.28 | -0.18 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.32 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.15 | 1.92 | +0.23 |
Martin ratioReturn relative to average drawdown | 7.79 | 6.58 | +1.21 |
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
| FERCX | MATFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.58 | 1.72 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 0.11 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.52 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.25 | +0.14 |
Correlation
The correlation between FERCX and MATFX is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FERCX vs. MATFX - Dividend Comparison
Neither FERCX nor MATFX has paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FERCX Fidelity Advisor Emerging Asia Fund Class C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 14.89% | 7.03% | 5.13% | 6.53% | 0.03% | 0.56% | 0.92% |
MATFX Matthews Asia Innovators Fund | 0.00% | 0.00% | 0.00% | 0.00% | 26.54% | 31.07% | 1.67% | 0.29% | 2.63% | 8.44% | 0.00% | 15.24% |
Drawdowns
FERCX vs. MATFX - Drawdown Comparison
The maximum FERCX drawdown since its inception was -61.15%, smaller than the maximum MATFX drawdown of -76.88%. Use the drawdown chart below to compare losses from any high point for FERCX and MATFX.
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Drawdown Indicators
| FERCX | MATFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.15% | -76.88% | +15.73% |
Max Drawdown (1Y)Largest decline over 1 year | -13.62% | -13.52% | -0.10% |
Max Drawdown (5Y)Largest decline over 5 years | -53.94% | -45.33% | -8.61% |
Max Drawdown (10Y)Largest decline over 10 years | -58.44% | -52.42% | -6.02% |
Current DrawdownCurrent decline from peak | -13.62% | -10.64% | -2.98% |
Average DrawdownAverage peak-to-trough decline | -21.34% | -28.35% | +7.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.76% | 4.75% | -0.99% |
Volatility
FERCX vs. MATFX - Volatility Comparison
Fidelity Advisor Emerging Asia Fund Class C (FERCX) and Matthews Asia Innovators Fund (MATFX) have volatilities of 9.62% and 9.83%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FERCX | MATFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.62% | 9.83% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 14.64% | 15.52% | -0.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.30% | 21.52% | -1.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.56% | 23.97% | -1.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.71% | 22.22% | -1.51% |