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FHKCX vs. FPADX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FHKCX and FPADX is 0.56, 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

FHKCX vs. FPADX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity China Region Fund (FHKCX) and Fidelity Emerging Markets Index Fund (FPADX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FHKCX:

0.51

FPADX:

0.51

Sortino Ratio

FHKCX:

0.91

FPADX:

0.90

Omega Ratio

FHKCX:

1.11

FPADX:

1.12

Calmar Ratio

FHKCX:

0.28

FPADX:

0.38

Martin Ratio

FHKCX:

1.54

FPADX:

1.69

Ulcer Index

FHKCX:

8.56%

FPADX:

5.69%

Daily Std Dev

FHKCX:

25.58%

FPADX:

17.29%

Max Drawdown

FHKCX:

-62.36%

FPADX:

-39.16%

Current Drawdown

FHKCX:

-34.16%

FPADX:

-10.59%

Returns By Period

In the year-to-date period, FHKCX achieves a 8.92% return, which is significantly lower than FPADX's 10.52% return. Both investments have delivered pretty close results over the past 10 years, with FHKCX having a 3.48% annualized return and FPADX not far behind at 3.44%.


FHKCX

YTD

8.92%

1M

14.18%

6M

8.07%

1Y

12.99%

3Y*

9.61%

5Y*

2.28%

10Y*

3.48%

FPADX

YTD

10.52%

1M

10.41%

6M

8.43%

1Y

8.82%

3Y*

6.88%

5Y*

7.00%

10Y*

3.44%

*Annualized

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Fidelity China Region Fund

FHKCX vs. FPADX - Expense Ratio Comparison

FHKCX has a 0.91% expense ratio, which is higher than FPADX's 0.08% expense ratio.


Risk-Adjusted Performance

FHKCX vs. FPADX — Risk-Adjusted Performance Rank

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

FHKCX
The Risk-Adjusted Performance Rank of FHKCX is 5050
Overall Rank
The Sharpe Ratio Rank of FHKCX is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of FHKCX is 5757
Sortino Ratio Rank
The Omega Ratio Rank of FHKCX is 5151
Omega Ratio Rank
The Calmar Ratio Rank of FHKCX is 4242
Calmar Ratio Rank
The Martin Ratio Rank of FHKCX is 4949
Martin Ratio Rank

FPADX
The Risk-Adjusted Performance Rank of FPADX is 5252
Overall Rank
The Sharpe Ratio Rank of FPADX is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of FPADX is 5656
Sortino Ratio Rank
The Omega Ratio Rank of FPADX is 5151
Omega Ratio Rank
The Calmar Ratio Rank of FPADX is 5151
Calmar Ratio Rank
The Martin Ratio Rank of FPADX is 5151
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FHKCX vs. FPADX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity China Region Fund (FHKCX) and Fidelity Emerging Markets Index Fund (FPADX). 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.


The current FHKCX Sharpe Ratio is 0.51, which is comparable to the FPADX Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of FHKCX and FPADX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FHKCX vs. FPADX - Dividend Comparison

FHKCX's dividend yield for the trailing twelve months is around 1.28%, less than FPADX's 2.44% yield.


TTM20242023202220212020201920182017201620152014
FHKCX
Fidelity China Region Fund
1.28%1.39%1.92%1.05%0.13%0.97%0.66%0.83%0.39%1.14%16.83%15.96%
FPADX
Fidelity Emerging Markets Index Fund
2.44%2.70%2.68%2.47%2.14%1.50%2.59%2.20%1.76%1.69%2.47%2.03%

Drawdowns

FHKCX vs. FPADX - Drawdown Comparison

The maximum FHKCX drawdown since its inception was -62.36%, which is greater than FPADX's maximum drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for FHKCX and FPADX. For additional features, visit the drawdowns tool.


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Volatility

FHKCX vs. FPADX - Volatility Comparison

Fidelity China Region Fund (FHKCX) has a higher volatility of 5.42% compared to Fidelity Emerging Markets Index Fund (FPADX) at 3.69%. This indicates that FHKCX's price experiences larger fluctuations and is considered to be riskier than FPADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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