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FIMKX vs. FEMKX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FIMKX and FEMKX is 0.98, 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.


-0.50.00.51.01.0

Performance

FIMKX vs. FEMKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) and Fidelity Emerging Markets (FEMKX). The values are adjusted to include any dividend payments, if applicable.

280.00%300.00%320.00%340.00%360.00%380.00%400.00%AugustSeptemberOctoberNovemberDecember2025
302.00%
361.95%
FIMKX
FEMKX

Key characteristics

Sharpe Ratio

FIMKX:

1.14

FEMKX:

0.87

Sortino Ratio

FIMKX:

1.72

FEMKX:

1.33

Omega Ratio

FIMKX:

1.21

FEMKX:

1.16

Calmar Ratio

FIMKX:

0.57

FEMKX:

0.44

Martin Ratio

FIMKX:

3.27

FEMKX:

3.20

Ulcer Index

FIMKX:

5.59%

FEMKX:

4.22%

Daily Std Dev

FIMKX:

16.01%

FEMKX:

15.51%

Max Drawdown

FIMKX:

-69.87%

FEMKX:

-70.93%

Current Drawdown

FIMKX:

-20.50%

FEMKX:

-22.16%

Returns By Period

In the year-to-date period, FIMKX achieves a 0.45% return, which is significantly lower than FEMKX's 1.47% return. Over the past 10 years, FIMKX has underperformed FEMKX with an annualized return of 3.98%, while FEMKX has yielded a comparatively higher 5.48% annualized return.


FIMKX

YTD

0.45%

1M

-0.45%

6M

-0.29%

1Y

15.77%

5Y*

2.10%

10Y*

3.98%

FEMKX

YTD

1.47%

1M

0.26%

6M

-1.64%

1Y

11.28%

5Y*

2.01%

10Y*

5.48%

*Annualized

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. FEMKX - Expense Ratio Comparison

FIMKX has a 1.03% expense ratio, which is higher than FEMKX's 0.88% expense ratio.


FIMKX
Fidelity Advisor Focused Emerging Markets Fund Class I
Expense ratio chart for FIMKX: current value at 1.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.03%
Expense ratio chart for FEMKX: current value at 0.88% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.88%

Risk-Adjusted Performance

FIMKX vs. FEMKX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIMKX
The Risk-Adjusted Performance Rank of FIMKX is 5050
Overall Rank
The Sharpe Ratio Rank of FIMKX is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of FIMKX is 5959
Sortino Ratio Rank
The Omega Ratio Rank of FIMKX is 5252
Omega Ratio Rank
The Calmar Ratio Rank of FIMKX is 4242
Calmar Ratio Rank
The Martin Ratio Rank of FIMKX is 4141
Martin Ratio Rank

FEMKX
The Risk-Adjusted Performance Rank of FEMKX is 3939
Overall Rank
The Sharpe Ratio Rank of FEMKX is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of FEMKX is 4444
Sortino Ratio Rank
The Omega Ratio Rank of FEMKX is 3737
Omega Ratio Rank
The Calmar Ratio Rank of FEMKX is 3333
Calmar Ratio Rank
The Martin Ratio Rank of FEMKX is 4040
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FIMKX vs. FEMKX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) and Fidelity Emerging Markets (FEMKX). 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 FIMKX, currently valued at 1.14, compared to the broader market-1.000.001.002.003.004.001.140.87
The chart of Sortino ratio for FIMKX, currently valued at 1.72, compared to the broader market0.005.0010.001.721.33
The chart of Omega ratio for FIMKX, currently valued at 1.21, compared to the broader market1.002.003.004.001.211.16
The chart of Calmar ratio for FIMKX, currently valued at 0.57, compared to the broader market0.005.0010.0015.0020.000.570.44
The chart of Martin ratio for FIMKX, currently valued at 3.27, compared to the broader market0.0020.0040.0060.0080.003.273.20
FIMKX
FEMKX

The current FIMKX Sharpe Ratio is 1.14, which is higher than the FEMKX Sharpe Ratio of 0.87. The chart below compares the historical Sharpe Ratios of FIMKX and FEMKX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50AugustSeptemberOctoberNovemberDecember2025
1.14
0.87
FIMKX
FEMKX

Dividends

FIMKX vs. FEMKX - Dividend Comparison

FIMKX's dividend yield for the trailing twelve months is around 1.19%, more than FEMKX's 0.64% yield.


TTM20242023202220212020201920182017201620152014
FIMKX
Fidelity Advisor Focused Emerging Markets Fund Class I
1.19%1.20%1.60%1.14%1.88%0.40%0.53%0.59%0.40%0.45%0.38%1.09%
FEMKX
Fidelity Emerging Markets
0.64%0.65%1.11%0.77%1.06%0.20%1.71%0.81%0.49%0.67%1.01%1.28%

Drawdowns

FIMKX vs. FEMKX - Drawdown Comparison

The maximum FIMKX drawdown since its inception was -69.87%, roughly equal to the maximum FEMKX drawdown of -70.93%. Use the drawdown chart below to compare losses from any high point for FIMKX and FEMKX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%AugustSeptemberOctoberNovemberDecember2025
-20.50%
-22.16%
FIMKX
FEMKX

Volatility

FIMKX vs. FEMKX - Volatility Comparison

The current volatility for Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) is 3.46%, while Fidelity Emerging Markets (FEMKX) has a volatility of 4.49%. This indicates that FIMKX experiences smaller price fluctuations and is considered to be less risky than FEMKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%AugustSeptemberOctoberNovemberDecember2025
3.46%
4.49%
FIMKX
FEMKX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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