FHKCX vs. FIPDX
Compare and contrast key facts about Fidelity China Region Fund (FHKCX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX).
FHKCX is managed by Fidelity. It was launched on Nov 1, 1995. FIPDX is managed by Fidelity. It was launched on May 16, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHKCX or FIPDX.
Key characteristics
| FHKCX | FIPDX | |
|---|---|---|
| YTD Return | 19.03% | -0.02% |
| 1Y Return | 17.53% | 1.14% |
| 3Y Return (Ann) | -8.09% | -1.46% |
| 5Y Return (Ann) | 7.02% | 2.27% |
| 10Y Return (Ann) | 7.85% | 1.87% |
| Sharpe Ratio | 0.91 | 0.24 |
| Daily Std Dev | 18.02% | 5.76% |
| Max Drawdown | -60.72% | -14.29% |
| Current Drawdown | -34.76% | -9.27% |
Correlation
The correlation between FHKCX and FIPDX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FHKCX vs. FIPDX - Performance Comparison
In the year-to-date period, FHKCX achieves a 19.03% return, which is significantly higher than FIPDX's -0.02% return. Over the past 10 years, FHKCX has outperformed FIPDX with an annualized return of 7.85%, while FIPDX has yielded a comparatively lower 1.87% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FHKCX vs. FIPDX - Expense Ratio Comparison
FHKCX has a 0.91% expense ratio, which is higher than FIPDX's 0.05% expense ratio.
Risk-Adjusted Performance
FHKCX vs. FIPDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity China Region Fund (FHKCX) and Fidelity Inflation-Protected Bond Index Fund (FIPDX). 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
FHKCX vs. FIPDX - Dividend Comparison
FHKCX's dividend yield for the trailing twelve months is around 1.61%, less than FIPDX's 3.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHKCX Fidelity China Region Fund | 1.61% | 1.92% | 2.10% | 10.77% | 4.85% | 0.66% | 0.83% | 0.39% | 1.35% | 16.83% | 15.96% | 12.04% |
FIPDX Fidelity Inflation-Protected Bond Index Fund | 3.74% | 3.59% | 8.87% | 4.76% | 1.24% | 1.96% | 2.31% | 1.25% | 1.59% | 0.38% | 1.10% | 0.66% |
Drawdowns
FHKCX vs. FIPDX - Drawdown Comparison
The maximum FHKCX drawdown since its inception was -60.72%, which is greater than FIPDX's maximum drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for FHKCX and FIPDX. For additional features, visit the drawdowns tool.
Volatility
FHKCX vs. FIPDX - Volatility Comparison
Fidelity China Region Fund (FHKCX) has a higher volatility of 5.43% compared to Fidelity Inflation-Protected Bond Index Fund (FIPDX) at 1.09%. This indicates that FHKCX's price experiences larger fluctuations and is considered to be riskier than FIPDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.