FIMKX vs. FEDAX
Compare and contrast key facts about Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) and Fidelity Advisor Emerging Markets Discovery Fund Class A (FEDAX).
FIMKX is managed by Fidelity. It was launched on Mar 29, 2004. FEDAX is managed by Fidelity. It was launched on Nov 1, 2011.
Performance
FIMKX vs. FEDAX - Performance Comparison
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FIMKX vs. FEDAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIMKX Fidelity Advisor Focused Emerging Markets Fund Class I | 0.92% | 40.06% | 9.31% | 8.44% | -19.82% | -2.63% | 30.43% | 29.75% | -18.06% | 46.67% |
FEDAX Fidelity Advisor Emerging Markets Discovery Fund Class A | 4.10% | 31.49% | -3.90% | 20.38% | -12.13% | 6.39% | 16.62% | 19.32% | -19.19% | 36.46% |
Returns By Period
In the year-to-date period, FIMKX achieves a 0.92% return, which is significantly lower than FEDAX's 4.10% return. Over the past 10 years, FIMKX has outperformed FEDAX with an annualized return of 10.38%, while FEDAX has yielded a comparatively lower 9.23% annualized return.
FIMKX
- 1D
- -0.97%
- 1M
- -13.14%
- YTD
- 0.92%
- 6M
- 6.57%
- 1Y
- 33.30%
- 3Y*
- 17.41%
- 5Y*
- 4.77%
- 10Y*
- 10.38%
FEDAX
- 1D
- -0.75%
- 1M
- -9.21%
- YTD
- 4.10%
- 6M
- 10.12%
- 1Y
- 34.84%
- 3Y*
- 14.63%
- 5Y*
- 7.41%
- 10Y*
- 9.23%
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FIMKX vs. FEDAX - Expense Ratio Comparison
FIMKX has a 1.03% expense ratio, which is lower than FEDAX's 1.49% expense ratio.
Return for Risk
FIMKX vs. FEDAX — Risk / Return Rank
FIMKX
FEDAX
FIMKX vs. FEDAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) and Fidelity Advisor Emerging Markets Discovery Fund Class A (FEDAX). 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.
| FIMKX | FEDAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.76 | 2.36 | -0.60 |
Sortino ratioReturn per unit of downside risk | 2.23 | 2.95 | -0.72 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.45 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 2.16 | 3.15 | -0.99 |
Martin ratioReturn relative to average drawdown | 8.35 | 12.43 | -4.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIMKX | FEDAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 2.36 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.53 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.59 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.49 | -0.09 |
Correlation
The correlation between FIMKX and FEDAX is 0.88, 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.
Dividends
FIMKX vs. FEDAX - Dividend Comparison
FIMKX's dividend yield for the trailing twelve months is around 1.56%, less than FEDAX's 4.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIMKX Fidelity Advisor Focused Emerging Markets Fund Class I | 1.56% | 1.57% | 1.20% | 1.60% | 1.14% | 5.19% | 2.09% | 10.86% | 0.61% | 0.10% | 0.45% | 0.19% |
FEDAX Fidelity Advisor Emerging Markets Discovery Fund Class A | 4.39% | 4.57% | 3.79% | 1.85% | 1.41% | 11.64% | 0.31% | 0.74% | 1.54% | 1.50% | 1.13% | 0.52% |
Drawdowns
FIMKX vs. FEDAX - Drawdown Comparison
The maximum FIMKX drawdown since its inception was -69.98%, which is greater than FEDAX's maximum drawdown of -43.35%. Use the drawdown chart below to compare losses from any high point for FIMKX and FEDAX.
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Drawdown Indicators
| FIMKX | FEDAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.98% | -43.35% | -26.63% |
Max Drawdown (1Y)Largest decline over 1 year | -13.72% | -9.95% | -3.77% |
Max Drawdown (5Y)Largest decline over 5 years | -40.49% | -27.68% | -12.81% |
Max Drawdown (10Y)Largest decline over 10 years | -41.85% | -43.35% | +1.50% |
Current DrawdownCurrent decline from peak | -13.72% | -9.58% | -4.14% |
Average DrawdownAverage peak-to-trough decline | -20.00% | -9.06% | -10.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 2.52% | +1.02% |
Volatility
FIMKX vs. FEDAX - Volatility Comparison
Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) has a higher volatility of 8.53% compared to Fidelity Advisor Emerging Markets Discovery Fund Class A (FEDAX) at 6.48%. This indicates that FIMKX's price experiences larger fluctuations and is considered to be riskier than FEDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIMKX | FEDAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.53% | 6.48% | +2.05% |
Volatility (6M)Calculated over the trailing 6-month period | 13.10% | 9.76% | +3.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.40% | 14.38% | +4.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.46% | 13.98% | +4.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.55% | 15.67% | +2.88% |