FIMKX vs. FEMKX
Compare and contrast key facts about Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) and Fidelity Emerging Markets (FEMKX).
FIMKX is managed by Fidelity. It was launched on Mar 29, 2004. FEMKX is managed by Fidelity. It was launched on Nov 1, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIMKX or FEMKX.
Key characteristics
| FIMKX | FEMKX | |
|---|---|---|
| YTD Return | 10.83% | 6.77% |
| 1Y Return | 19.21% | 17.06% |
| 3Y Return (Ann) | -3.53% | -3.75% |
| 5Y Return (Ann) | 6.82% | 6.98% |
| 10Y Return (Ann) | 5.75% | 5.85% |
| Sharpe Ratio | 1.21 | 1.17 |
| Daily Std Dev | 15.17% | 13.72% |
| Max Drawdown | -69.96% | -71.08% |
| Current Drawdown | -17.11% | -19.79% |
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.
Performance
FIMKX vs. FEMKX - Performance Comparison
In the year-to-date period, FIMKX achieves a 10.83% return, which is significantly higher than FEMKX's 6.77% return. Both investments have delivered pretty close results over the past 10 years, with FIMKX having a 5.75% annualized return and FEMKX not far ahead at 5.85%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FIMKX vs. FEMKX - Expense Ratio Comparison
FIMKX has a 1.03% expense ratio, which is higher than FEMKX's 0.88% expense ratio.
Risk-Adjusted Performance
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.
Dividends
FIMKX vs. FEMKX - Dividend Comparison
FIMKX's dividend yield for the trailing twelve months is around 1.44%, more than FEMKX's 1.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIMKX Fidelity Advisor Focused Emerging Markets Fund Class I | 1.44% | 1.60% | 1.14% | 5.19% | 2.09% | 10.86% | 0.61% | 0.50% | 0.45% | 0.19% | 1.09% | 1.13% |
FEMKX Fidelity Emerging Markets | 1.04% | 1.11% | 0.77% | 6.00% | 1.39% | 1.71% | 0.83% | 0.58% | 0.67% | 0.51% | 0.69% | 0.08% |
Drawdowns
FIMKX vs. FEMKX - Drawdown Comparison
The maximum FIMKX drawdown since its inception was -69.96%, roughly equal to the maximum FEMKX drawdown of -71.08%. Use the drawdown chart below to compare losses from any high point for FIMKX and FEMKX. For additional features, visit the drawdowns tool.
Volatility
FIMKX vs. FEMKX - Volatility Comparison
Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) and Fidelity Emerging Markets (FEMKX) have volatilities of 4.40% and 4.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.