Correlation
The correlation between FIMKX and FEMKX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
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.
Performance
FIMKX vs. FEMKX - Performance Comparison
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Key characteristics
FIMKX:
0.44
FEMKX:
0.24
FIMKX:
0.72
FEMKX:
0.55
FIMKX:
1.09
FEMKX:
1.07
FIMKX:
0.34
FEMKX:
0.20
FIMKX:
1.13
FEMKX:
0.88
FIMKX:
7.38%
FEMKX:
6.44%
FIMKX:
19.78%
FEMKX:
19.69%
FIMKX:
-69.11%
FEMKX:
-71.08%
FIMKX:
-9.98%
FEMKX:
-14.21%
Returns By Period
In the year-to-date period, FIMKX achieves a 10.12% return, which is significantly higher than FEMKX's 6.59% return. Both investments have delivered pretty close results over the past 10 years, with FIMKX having a 6.55% annualized return and FEMKX not far behind at 6.53%.
FIMKX
10.12%
6.43%
8.85%
8.61%
8.21%
8.68%
6.55%
FEMKX
6.59%
7.35%
4.49%
4.59%
6.70%
7.07%
6.53%
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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 Rank
FIMKX
FEMKX
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.
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Dividends
FIMKX vs. FEMKX - Dividend Comparison
FIMKX's dividend yield for the trailing twelve months is around 1.09%, more than FEMKX's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIMKX Fidelity Advisor Focused Emerging Markets Fund Class I | 1.09% | 1.20% | 1.60% | 1.14% | 5.19% | 2.09% | 10.86% | 0.61% | 0.50% | 0.45% | 0.19% | 0.62% |
FEMKX Fidelity Emerging Markets | 0.61% | 0.65% | 1.11% | 0.77% | 6.00% | 1.39% | 1.71% | 0.83% | 0.58% | 0.67% | 0.51% | 0.69% |
Drawdowns
FIMKX vs. FEMKX - Drawdown Comparison
The maximum FIMKX drawdown since its inception was -69.11%, 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.
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Volatility
FIMKX vs. FEMKX - Volatility Comparison
The current volatility for Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) is 3.36%, while Fidelity Emerging Markets (FEMKX) has a volatility of 4.03%. 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.
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