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.
Performance
FIMKX vs. FEMKX - Performance Comparison
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FIMKX vs. FEMKX - 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% |
FEMKX Fidelity Emerging Markets | -2.45% | 31.02% | 7.12% | 15.16% | -27.48% | 1.25% | 32.56% | 33.67% | -18.03% | 46.92% |
Returns By Period
In the year-to-date period, FIMKX achieves a 0.92% return, which is significantly higher than FEMKX's -2.45% return. Over the past 10 years, FIMKX has outperformed FEMKX with an annualized return of 10.38%, while FEMKX has yielded a comparatively lower 9.57% 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%
FEMKX
- 1D
- -0.90%
- 1M
- -11.42%
- YTD
- -2.45%
- 6M
- 1.51%
- 1Y
- 29.35%
- 3Y*
- 13.32%
- 5Y*
- 2.59%
- 10Y*
- 9.57%
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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.
Return for Risk
FIMKX vs. FEMKX — Risk / Return Rank
FIMKX
FEMKX
FIMKX vs. FEMKX - 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 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.
| FIMKX | FEMKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.76 | 1.48 | +0.27 |
Sortino ratioReturn per unit of downside risk | 2.23 | 2.03 | +0.21 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.29 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.16 | 2.01 | +0.15 |
Martin ratioReturn relative to average drawdown | 8.35 | 7.64 | +0.71 |
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 | FEMKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.76 | 1.48 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.14 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.56 | 0.52 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.29 | +0.11 |
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.
Dividends
FIMKX vs. FEMKX - Dividend Comparison
FIMKX's dividend yield for the trailing twelve months is around 1.56%, more than FEMKX's 0.05% 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% |
FEMKX Fidelity Emerging Markets | 0.05% | 0.05% | 0.65% | 1.11% | 0.77% | 6.00% | 1.39% | 1.71% | 0.83% | 0.08% | 0.67% | 0.51% |
Drawdowns
FIMKX vs. FEMKX - Drawdown Comparison
The maximum FIMKX drawdown since its inception was -69.98%, roughly equal to the maximum FEMKX drawdown of -71.14%. Use the drawdown chart below to compare losses from any high point for FIMKX and FEMKX.
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Drawdown Indicators
| FIMKX | FEMKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.98% | -71.14% | +1.16% |
Max Drawdown (1Y)Largest decline over 1 year | -13.72% | -13.00% | -0.72% |
Max Drawdown (5Y)Largest decline over 5 years | -40.49% | -40.88% | +0.39% |
Max Drawdown (10Y)Largest decline over 10 years | -41.85% | -43.24% | +1.39% |
Current DrawdownCurrent decline from peak | -13.72% | -13.00% | -0.72% |
Average DrawdownAverage peak-to-trough decline | -20.00% | -26.06% | +6.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 3.42% | +0.12% |
Volatility
FIMKX vs. FEMKX - Volatility Comparison
The current volatility for Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) is 8.53%, while Fidelity Emerging Markets (FEMKX) has a volatility of 9.18%. 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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Volatility by Period
| FIMKX | FEMKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.53% | 9.18% | -0.65% |
Volatility (6M)Calculated over the trailing 6-month period | 13.10% | 14.16% | -1.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.40% | 19.32% | -0.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.46% | 18.46% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.55% | 18.41% | +0.14% |