FGOMX vs. EEM
Compare and contrast key facts about Strategic Advisers Fidelity Emerging Markets Fund (FGOMX) and iShares MSCI Emerging Markets ETF (EEM).
FGOMX is managed by Fidelity. It was launched on Oct 29, 2018. EEM is a passively managed fund by iShares that tracks the performance of the MSCI Emerging Markets Index. It was launched on Apr 11, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGOMX or EEM.
Correlation
The correlation between FGOMX and EEM is 0.67, 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
FGOMX vs. EEM - Performance Comparison
Key characteristics
FGOMX:
0.40
EEM:
0.44
FGOMX:
0.69
EEM:
0.79
FGOMX:
1.09
EEM:
1.10
FGOMX:
0.28
EEM:
0.32
FGOMX:
1.25
EEM:
1.44
FGOMX:
5.80%
EEM:
6.11%
FGOMX:
17.68%
EEM:
19.23%
FGOMX:
-41.75%
EEM:
-66.43%
FGOMX:
-14.25%
EEM:
-14.97%
Returns By Period
In the year-to-date period, FGOMX achieves a 6.27% return, which is significantly lower than EEM's 7.39% return.
FGOMX
6.27%
10.09%
1.00%
7.10%
7.16%
N/A
EEM
7.39%
9.03%
2.28%
8.43%
6.35%
2.85%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FGOMX vs. EEM - Expense Ratio Comparison
FGOMX has a 0.25% expense ratio, which is lower than EEM's 0.68% expense ratio.
Risk-Adjusted Performance
FGOMX vs. EEM — Risk-Adjusted Performance Rank
FGOMX
EEM
FGOMX vs. EEM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategic Advisers Fidelity Emerging Markets Fund (FGOMX) and iShares MSCI Emerging Markets ETF (EEM). 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
FGOMX vs. EEM - Dividend Comparison
FGOMX's dividend yield for the trailing twelve months is around 2.26%, which matches EEM's 2.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGOMX Strategic Advisers Fidelity Emerging Markets Fund | 2.26% | 2.40% | 2.83% | 2.42% | 4.63% | 0.73% | 2.13% | 1.42% | 0.00% | 0.00% | 0.00% | 0.00% |
EEM iShares MSCI Emerging Markets ETF | 2.26% | 2.43% | 2.63% | 2.50% | 1.99% | 1.45% | 2.76% | 2.24% | 1.89% | 1.89% | 2.49% | 2.23% |
Drawdowns
FGOMX vs. EEM - Drawdown Comparison
The maximum FGOMX drawdown since its inception was -41.75%, smaller than the maximum EEM drawdown of -66.43%. Use the drawdown chart below to compare losses from any high point for FGOMX and EEM. For additional features, visit the drawdowns tool.
Volatility
FGOMX vs. EEM - Volatility Comparison
The current volatility for Strategic Advisers Fidelity Emerging Markets Fund (FGOMX) is 4.62%, while iShares MSCI Emerging Markets ETF (EEM) has a volatility of 5.36%. This indicates that FGOMX experiences smaller price fluctuations and is considered to be less risky than EEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.