FIMKX vs. FEDIX
Compare and contrast key facts about Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) and Fidelity Advisor Emerging Markets Discovery Fund Class I (FEDIX).
FIMKX is managed by Fidelity. It was launched on Mar 29, 2004. FEDIX is managed by Fidelity. It was launched on Nov 1, 2011.
Performance
FIMKX vs. FEDIX - Performance Comparison
Loading graphics...
FIMKX vs. FEDIX - 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% |
FEDIX Fidelity Advisor Emerging Markets Discovery Fund Class I | 4.11% | 31.82% | -3.64% | 20.77% | -11.82% | 6.67% | 16.93% | 19.64% | -18.89% | 36.50% |
Returns By Period
In the year-to-date period, FIMKX achieves a 0.92% return, which is significantly lower than FEDIX's 4.11% return. Over the past 10 years, FIMKX has outperformed FEDIX with an annualized return of 10.38%, while FEDIX has yielded a comparatively lower 9.53% 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%
FEDIX
- 1D
- -0.79%
- 1M
- -9.21%
- YTD
- 4.11%
- 6M
- 10.25%
- 1Y
- 35.20%
- 3Y*
- 14.92%
- 5Y*
- 7.71%
- 10Y*
- 9.53%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIMKX vs. FEDIX - Expense Ratio Comparison
FIMKX has a 1.03% expense ratio, which is lower than FEDIX's 1.19% expense ratio.
Return for Risk
FIMKX vs. FEDIX — Risk / Return Rank
FIMKX
FEDIX
FIMKX vs. FEDIX - 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 I (FEDIX). 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 | FEDIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.76 | 2.39 | -0.64 |
Sortino ratioReturn per unit of downside risk | 2.23 | 3.00 | -0.76 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.46 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 2.16 | 3.17 | -1.01 |
Martin ratioReturn relative to average drawdown | 8.35 | 12.58 | -4.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FIMKX | FEDIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 2.39 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.55 | -0.29 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.61 | -0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.51 | -0.11 |
Correlation
The correlation between FIMKX and FEDIX 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. FEDIX - Dividend Comparison
FIMKX's dividend yield for the trailing twelve months is around 1.56%, less than FEDIX's 4.51% 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% |
FEDIX Fidelity Advisor Emerging Markets Discovery Fund Class I | 4.51% | 4.70% | 4.01% | 2.11% | 1.79% | 11.83% | 0.55% | 1.05% | 1.84% | 1.49% | 1.44% | 0.83% |
Drawdowns
FIMKX vs. FEDIX - Drawdown Comparison
The maximum FIMKX drawdown since its inception was -69.98%, which is greater than FEDIX's maximum drawdown of -42.98%. Use the drawdown chart below to compare losses from any high point for FIMKX and FEDIX.
Loading graphics...
Drawdown Indicators
| FIMKX | FEDIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.98% | -42.98% | -27.00% |
Max Drawdown (1Y)Largest decline over 1 year | -13.72% | -9.98% | -3.74% |
Max Drawdown (5Y)Largest decline over 5 years | -40.49% | -27.42% | -13.07% |
Max Drawdown (10Y)Largest decline over 10 years | -41.85% | -42.98% | +1.13% |
Current DrawdownCurrent decline from peak | -13.72% | -9.58% | -4.14% |
Average DrawdownAverage peak-to-trough decline | -20.00% | -8.86% | -11.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 2.51% | +1.03% |
Volatility
FIMKX vs. FEDIX - 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 I (FEDIX) at 6.44%. This indicates that FIMKX's price experiences larger fluctuations and is considered to be riskier than FEDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FIMKX | FEDIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.53% | 6.44% | +2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 13.10% | 9.71% | +3.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.40% | 14.33% | +4.07% |
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% | 15.65% | +2.90% |