FERIX vs. IAE

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor Emerging Asia Fund Class I (FERIX) and Voya Asia Pacific High Dividend Equity Income Fund (IAE).

FERIX is managed by Fidelity. It was launched on Jun 15, 1999. IAE is managed by Voya. It was launched on Mar 27, 2007.

Performance

FERIX vs. IAE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Emerging Asia Fund Class I (FERIX) and Voya Asia Pacific High Dividend Equity Income Fund (IAE). The values are adjusted to include any dividend payments, if applicable.

FERIX vs. IAE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FERIX Fidelity Advisor Emerging Asia Fund Class I	3.70%	37.04%	20.95%	13.84%	-30.60%	-14.83%	72.97%	31.02%	-14.87%	45.94%
IAE Voya Asia Pacific High Dividend Equity Income Fund	4.07%	35.90%	14.60%	9.06%	-13.97%	3.60%	13.77%	9.62%	-11.31%	30.19%

Returns By Period

In the year-to-date period, FERIX achieves a 3.70% return, which is significantly lower than IAE's 4.07% return. Over the past 10 years, FERIX has outperformed IAE with an annualized return of 12.96%, while IAE has yielded a comparatively lower 9.17% annualized return.

FERIX

• 1D: 2.75%
• 1M: -9.32%
• YTD: 3.70%
• 6M: 4.13%
• 1Y: 36.73%
• 3Y*: 21.92%
• 5Y*: 2.48%
• 10Y*: 12.96%

IAE

• 1D: 1.16%
• 1M: -6.28%
• YTD: 4.07%
• 6M: 4.65%
• 1Y: 36.14%
• 3Y*: 19.12%
• 5Y*: 7.55%
• 10Y*: 9.17%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FERIX vs. IAE - Expense Ratio Comparison

FERIX has a 0.94% expense ratio, which is higher than IAE's 0.02% expense ratio.

FERIX

Fidelity Advisor Emerging Asia Fund Class I

IAE

Voya Asia Pacific High Dividend Equity Income Fund

Return for Risk

FERIX vs. IAE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FERIX

FERIX Risk / Return Rank: 88
FERIX Sharpe Ratio Rank: 89
FERIX Sortino Ratio Rank: 87
FERIX Omega Ratio Rank: 84
FERIX Calmar Ratio Rank: 91
FERIX Martin Ratio Rank: 87

IAE

IAE Risk / Return Rank: 83
IAE Sharpe Ratio Rank: 84
IAE Sortino Ratio Rank: 82
IAE Omega Ratio Rank: 82
IAE Calmar Ratio Rank: 90
IAE Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FERIX vs. IAE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Emerging Asia Fund Class I (FERIX) and Voya Asia Pacific High Dividend Equity Income Fund (IAE). 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.

	FERIX	IAE	Difference
Sharpe ratio Return per unit of total volatility	1.87	1.72	+0.15
Sortino ratio Return per unit of downside risk	2.43	2.28	+0.16
Omega ratio Gain probability vs. loss probability	1.36	1.35	+0.01
Calmar ratio Return relative to maximum drawdown	2.73	2.80	-0.08
Martin ratio Return relative to average drawdown	9.72	8.90	+0.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FERIX vs. IAE - Sharpe Ratio Comparison

The current FERIX Sharpe Ratio is 1.87, which is comparable to the IAE Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of FERIX and IAE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FERIX	IAE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.87	1.72	+0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.11	0.44	-0.33
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.63	0.48	+0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.18	+0.18

Correlation

The correlation between FERIX and IAE 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.

Dividends

FERIX vs. IAE - Dividend Comparison

FERIX has not paid dividends to shareholders, while IAE's dividend yield for the trailing twelve months is around 11.43%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FERIX Fidelity Advisor Emerging Asia Fund Class I	0.00%	0.00%	0.00%	0.00%	0.01%	12.49%	6.58%	5.30%	6.70%	0.03%	1.29%	0.82%
IAE Voya Asia Pacific High Dividend Equity Income Fund	11.43%	11.61%	13.37%	10.65%	14.03%	10.60%	9.97%	9.88%	9.61%	7.82%	11.14%	12.74%

Drawdowns

FERIX vs. IAE - Drawdown Comparison

The maximum FERIX drawdown since its inception was -60.82%, roughly equal to the maximum IAE drawdown of -60.72%. Use the drawdown chart below to compare losses from any high point for FERIX and IAE.

Drawdown Indicators

	FERIX	IAE	Difference
Max Drawdown Largest peak-to-trough decline	-60.82%	-60.72%	-0.10%
Max Drawdown (1Y) Largest decline over 1 year	-13.53%	-12.86%	-0.67%
Max Drawdown (5Y) Largest decline over 5 years	-53.29%	-32.87%	-20.42%
Max Drawdown (10Y) Largest decline over 10 years	-57.71%	-42.44%	-15.27%
Current Drawdown Current decline from peak	-11.15%	-8.23%	-2.92%
Average Drawdown Average peak-to-trough decline	-18.22%	-13.86%	-4.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.79%	4.05%	-0.26%

Volatility

FERIX vs. IAE - Volatility Comparison

Fidelity Advisor Emerging Asia Fund Class I (FERIX) has a higher volatility of 10.17% compared to Voya Asia Pacific High Dividend Equity Income Fund (IAE) at 9.26%. This indicates that FERIX's price experiences larger fluctuations and is considered to be riskier than IAE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FERIX	IAE	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.17%	9.26%	+0.91%
Volatility (6M) Calculated over the trailing 6-month period	14.84%	16.40%	-1.56%
Volatility (1Y) Calculated over the trailing 1-year period	20.42%	21.15%	-0.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.58%	17.26%	+5.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.72%	19.27%	+1.45%