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FIENX vs. FSEAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FIENXFSEAX

Correlation

-0.50.00.51.00.7

The correlation between FIENX and FSEAX is 0.66, 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

FIENX vs. FSEAX - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


60.00%80.00%100.00%120.00%140.00%MayJuneJulyAugustSeptemberOctober
61.49%
134.78%
FIENX
FSEAX

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FIENX vs. FSEAX - Expense Ratio Comparison

FIENX has a 0.55% expense ratio, which is lower than FSEAX's 1.02% expense ratio.


FSEAX
Fidelity Emerging Asia Fund
Expense ratio chart for FSEAX: current value at 1.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.02%
Expense ratio chart for FIENX: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

Risk-Adjusted Performance

FIENX vs. FSEAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Enhanced Index Fund (FIENX) and Fidelity Emerging Asia Fund (FSEAX). 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.


FIENX
Sharpe ratio
The chart of Sharpe ratio for FIENX, currently valued at 0.78, compared to the broader market0.002.004.000.78
Sortino ratio
The chart of Sortino ratio for FIENX, currently valued at 1.48, compared to the broader market0.005.0010.001.48
Omega ratio
The chart of Omega ratio for FIENX, currently valued at 1.51, compared to the broader market1.002.003.004.001.51
Calmar ratio
The chart of Calmar ratio for FIENX, currently valued at 0.26, compared to the broader market0.005.0010.0015.0020.0025.000.26
Martin ratio
The chart of Martin ratio for FIENX, currently valued at 5.11, compared to the broader market0.0020.0040.0060.0080.00100.005.11
FSEAX
Sharpe ratio
The chart of Sharpe ratio for FSEAX, currently valued at 2.16, compared to the broader market0.002.004.002.16
Sortino ratio
The chart of Sortino ratio for FSEAX, currently valued at 3.09, compared to the broader market0.005.0010.003.09
Omega ratio
The chart of Omega ratio for FSEAX, currently valued at 1.36, compared to the broader market1.002.003.004.001.36
Calmar ratio
The chart of Calmar ratio for FSEAX, currently valued at 0.75, compared to the broader market0.005.0010.0015.0020.0025.000.75
Martin ratio
The chart of Martin ratio for FSEAX, currently valued at 13.44, compared to the broader market0.0020.0040.0060.0080.00100.0013.44

FIENX vs. FSEAX - Sharpe Ratio Comparison


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00MayJuneJulyAugustSeptemberOctober
0.78
2.16
FIENX
FSEAX

Dividends

FIENX vs. FSEAX - Dividend Comparison

FIENX has not paid dividends to shareholders, while FSEAX's dividend yield for the trailing twelve months is around 0.06%.


TTM20232022202120202019201820172016201520142013
FIENX
Fidelity International Enhanced Index Fund
1.39%7.66%2.41%2.72%1.64%3.00%2.37%1.64%2.44%1.03%3.00%2.63%
FSEAX
Fidelity Emerging Asia Fund
0.06%0.08%0.00%14.14%14.10%6.15%3.44%0.87%1.26%0.44%0.90%1.26%

Drawdowns

FIENX vs. FSEAX - Drawdown Comparison


-40.00%-30.00%-20.00%-10.00%MayJuneJulyAugustSeptemberOctober
-6.43%
-26.72%
FIENX
FSEAX

Volatility

FIENX vs. FSEAX - Volatility Comparison

The current volatility for Fidelity International Enhanced Index Fund (FIENX) is 0.00%, while Fidelity Emerging Asia Fund (FSEAX) has a volatility of 6.27%. This indicates that FIENX experiences smaller price fluctuations and is considered to be less risky than FSEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%MayJuneJulyAugustSeptemberOctober0
6.27%
FIENX
FSEAX