FIMKX vs. SPEM
Compare and contrast key facts about Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) and SPDR Portfolio Emerging Markets ETF (SPEM).
FIMKX is managed by Fidelity. It was launched on Mar 29, 2004. SPEM is a passively managed fund by State Street that tracks the performance of the S&P Emerging Markets BMI. It was launched on Mar 19, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIMKX or SPEM.
Correlation
The correlation between FIMKX and SPEM is 0.90, 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. SPEM - Performance Comparison
Key characteristics
FIMKX:
0.75
SPEM:
0.63
FIMKX:
1.18
SPEM:
0.98
FIMKX:
1.14
SPEM:
1.12
FIMKX:
0.48
SPEM:
0.53
FIMKX:
1.97
SPEM:
1.87
FIMKX:
6.53%
SPEM:
5.17%
FIMKX:
17.20%
SPEM:
15.35%
FIMKX:
-69.96%
SPEM:
-64.41%
FIMKX:
-15.31%
SPEM:
-7.78%
Returns By Period
In the year-to-date period, FIMKX achieves a 7.01% return, which is significantly higher than SPEM's 1.30% return. Over the past 10 years, FIMKX has outperformed SPEM with an annualized return of 4.31%, while SPEM has yielded a comparatively lower 4.05% annualized return.
FIMKX
7.01%
4.63%
-4.46%
12.06%
10.04%
4.31%
SPEM
1.30%
0.03%
-5.75%
9.51%
10.12%
4.05%
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FIMKX vs. SPEM - Expense Ratio Comparison
FIMKX has a 1.03% expense ratio, which is higher than SPEM's 0.11% expense ratio.
Risk-Adjusted Performance
FIMKX vs. SPEM — Risk-Adjusted Performance Rank
FIMKX
SPEM
FIMKX vs. SPEM - 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 SPDR Portfolio Emerging Markets ETF (SPEM). 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. SPEM - Dividend Comparison
FIMKX's dividend yield for the trailing twelve months is around 1.12%, less than SPEM's 2.75% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIMKX Fidelity Advisor Focused Emerging Markets Fund Class I | 1.12% | 1.20% | 1.60% | 1.14% | 1.88% | 0.40% | 0.53% | 0.59% | 0.40% | 0.45% | 0.19% | 1.09% |
SPEM SPDR Portfolio Emerging Markets ETF | 2.75% | 2.78% | 2.80% | 3.38% | 3.14% | 1.92% | 2.94% | 2.34% | 1.12% | 1.51% | 2.40% | 2.26% |
Drawdowns
FIMKX vs. SPEM - Drawdown Comparison
The maximum FIMKX drawdown since its inception was -69.96%, which is greater than SPEM's maximum drawdown of -64.41%. Use the drawdown chart below to compare losses from any high point for FIMKX and SPEM. For additional features, visit the drawdowns tool.
Volatility
FIMKX vs. SPEM - Volatility Comparison
Fidelity Advisor Focused Emerging Markets Fund Class I (FIMKX) has a higher volatility of 5.10% compared to SPDR Portfolio Emerging Markets ETF (SPEM) at 4.47%. This indicates that FIMKX's price experiences larger fluctuations and is considered to be riskier than SPEM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.