PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FIEUX vs. FIENX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FIEUX vs. FIENX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Europe Fund (FIEUX) and Fidelity International Enhanced Index Fund (FIENX). The values are adjusted to include any dividend payments, if applicable.

55.00%60.00%65.00%70.00%JuneJulyAugustSeptemberOctoberNovember
54.15%
61.49%
FIEUX
FIENX

Returns By Period


FIEUX

YTD

3.32%

1M

-5.79%

6M

-5.94%

1Y

11.33%

5Y (annualized)

4.33%

10Y (annualized)

4.37%

FIENX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


FIEUXFIENX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FIEUX vs. FIENX - Expense Ratio Comparison

FIEUX has a 1.06% expense ratio, which is higher than FIENX's 0.55% expense ratio.


FIEUX
Fidelity Europe Fund
Expense ratio chart for FIEUX: current value at 1.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.06%
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%

Correlation

-0.50.00.51.00.9

The correlation between FIEUX and FIENX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

FIEUX vs. FIENX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Europe Fund (FIEUX) and Fidelity International Enhanced Index Fund (FIENX). 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 FIEUX, currently valued at 0.85, compared to the broader market0.002.004.000.851.00
The chart of Sortino ratio for FIEUX, currently valued at 1.26, compared to the broader market0.005.0010.001.26
The chart of Omega ratio for FIEUX, currently valued at 1.14, compared to the broader market1.002.003.004.001.14
The chart of Calmar ratio for FIEUX, currently valued at 0.50, compared to the broader market0.005.0010.0015.0020.0025.000.500.17
The chart of Martin ratio for FIEUX, currently valued at 3.83, compared to the broader market0.0020.0040.0060.0080.00100.003.83
FIEUX
FIENX

Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.00JuneJulyAugustSeptemberOctoberNovember
0.85
1.00
FIEUX
FIENX

Dividends

FIEUX vs. FIENX - Dividend Comparison

FIEUX's dividend yield for the trailing twelve months is around 1.57%, while FIENX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FIEUX
Fidelity Europe Fund
1.57%1.62%0.00%2.87%1.15%4.44%1.01%0.97%1.14%2.78%2.59%1.40%
FIENX
Fidelity International Enhanced Index Fund
0.00%7.66%2.41%2.72%1.64%3.00%2.37%1.64%2.44%1.03%3.00%2.63%

Drawdowns

FIEUX vs. FIENX - Drawdown Comparison


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%JuneJulyAugustSeptemberOctoberNovember
-12.54%
-6.43%
FIEUX
FIENX

Volatility

FIEUX vs. FIENX - Volatility Comparison

Fidelity Europe Fund (FIEUX) has a higher volatility of 3.85% compared to Fidelity International Enhanced Index Fund (FIENX) at 0.00%. This indicates that FIEUX's price experiences larger fluctuations and is considered to be riskier than FIENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
3.85%
0
FIEUX
FIENX