FIDKX vs. ES
Compare and contrast key facts about Fidelity International Discovery Fund Class K (FIDKX) and Eversource Energy (ES).
FIDKX is managed by Fidelity. It was launched on May 9, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIDKX or ES.
Key characteristics
| FIDKX | ES | |
|---|---|---|
| YTD Return | 13.41% | 1.62% |
| 1Y Return | 24.58% | 19.54% |
| 3Y Return (Ann) | -1.87% | -6.21% |
| 5Y Return (Ann) | 6.88% | -2.43% |
| 10Y Return (Ann) | 5.99% | 5.57% |
| Sharpe Ratio | 1.83 | 0.73 |
| Sortino Ratio | 2.53 | 1.18 |
| Omega Ratio | 1.32 | 1.15 |
| Calmar Ratio | 1.01 | 0.43 |
| Martin Ratio | 9.80 | 2.57 |
| Ulcer Index | 2.52% | 6.94% |
| Daily Std Dev | 13.53% | 24.32% |
| Max Drawdown | -56.79% | -65.47% |
| Current Drawdown | -6.04% | -29.54% |
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.
Performance
FIDKX vs. ES - Performance Comparison
In the year-to-date period, FIDKX achieves a 13.41% return, which is significantly higher than ES's 1.62% return. Over the past 10 years, FIDKX has outperformed ES with an annualized return of 5.99%, while ES has yielded a comparatively lower 5.57% 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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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.
Dividends
FIDKX vs. ES - Dividend Comparison
FIDKX's dividend yield for the trailing twelve months is around 1.78%, less than ES's 4.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDKX Fidelity International Discovery Fund Class K | 1.78% | 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 | 4.66% | 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.
Volatility
FIDKX vs. ES - Volatility Comparison
The current volatility for Fidelity International Discovery Fund Class K (FIDKX) is 3.82%, while Eversource Energy (ES) has a volatility of 7.00%. 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.