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FIDKX vs. ES
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FIDKX and ES is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.3

Performance

FIDKX vs. ES - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Discovery Fund Class K (FIDKX) and Eversource Energy (ES). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-4.44%
-0.90%
FIDKX
ES

Key characteristics

Sharpe Ratio

FIDKX:

0.76

ES:

-0.21

Sortino Ratio

FIDKX:

1.10

ES:

-0.14

Omega Ratio

FIDKX:

1.14

ES:

0.98

Calmar Ratio

FIDKX:

0.55

ES:

-0.12

Martin Ratio

FIDKX:

3.37

ES:

-0.66

Ulcer Index

FIDKX:

3.17%

ES:

7.64%

Daily Std Dev

FIDKX:

14.10%

ES:

23.55%

Max Drawdown

FIDKX:

-56.79%

ES:

-65.47%

Current Drawdown

FIDKX:

-10.56%

ES:

-33.86%

Returns By Period

In the year-to-date period, FIDKX achieves a 7.96% return, which is significantly higher than ES's -4.62% return. Over the past 10 years, FIDKX has outperformed ES with an annualized return of 5.62%, while ES has yielded a comparatively lower 4.02% annualized return.


FIDKX

YTD

7.96%

1M

-3.69%

6M

-4.23%

1Y

9.85%

5Y*

4.86%

10Y*

5.62%

ES

YTD

-4.62%

1M

-8.40%

6M

-0.92%

1Y

-4.43%

5Y*

-4.67%

10Y*

4.02%

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Risk-Adjusted Performance

FIDKX vs. ES - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Discovery Fund Class K (FIDKX) and Eversource Energy (ES). 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.


Sharpe ratio
The chart of Sharpe ratio for FIDKX, currently valued at 0.76, compared to the broader market-1.000.001.002.003.004.000.76-0.21
The chart of Sortino ratio for FIDKX, currently valued at 1.10, compared to the broader market-2.000.002.004.006.008.0010.001.10-0.14
The chart of Omega ratio for FIDKX, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.003.501.140.98
The chart of Calmar ratio for FIDKX, currently valued at 0.55, compared to the broader market0.005.0010.0015.000.55-0.12
The chart of Martin ratio for FIDKX, currently valued at 3.37, compared to the broader market0.0020.0040.0060.003.37-0.66
FIDKX
ES

The current FIDKX Sharpe Ratio is 0.76, which is higher than the ES Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of FIDKX and ES, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
0.76
-0.21
FIDKX
ES

Dividends

FIDKX vs. ES - Dividend Comparison

FIDKX has not paid dividends to shareholders, while ES's dividend yield for the trailing twelve months is around 5.09%.


TTM20232022202120202019201820172016201520142013
FIDKX
Fidelity International Discovery Fund Class K
0.00%2.02%0.47%3.08%0.55%1.82%1.49%1.22%1.83%1.19%0.82%3.38%
ES
Eversource Energy
5.09%4.37%3.04%2.65%2.62%2.52%3.11%3.01%3.22%3.27%2.93%3.47%

Drawdowns

FIDKX vs. ES - Drawdown Comparison

The maximum FIDKX drawdown since its inception was -56.79%, smaller than the maximum ES drawdown of -65.47%. Use the drawdown chart below to compare losses from any high point for FIDKX and ES. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-10.56%
-33.86%
FIDKX
ES

Volatility

FIDKX vs. ES - Volatility Comparison

The current volatility for Fidelity International Discovery Fund Class K (FIDKX) is 4.95%, while Eversource Energy (ES) has a volatility of 7.03%. This indicates that FIDKX experiences smaller price fluctuations and is considered to be less risky than ES based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.95%
7.03%
FIDKX
ES
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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