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 0.68, 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.
Performance
FIMKX vs. SPEM - Performance Comparison
Key characteristics
FIMKX:
0.36
SPEM:
0.54
FIMKX:
0.63
SPEM:
0.88
FIMKX:
1.08
SPEM:
1.12
FIMKX:
0.29
SPEM:
0.56
FIMKX:
0.96
SPEM:
1.66
FIMKX:
7.35%
SPEM:
5.91%
FIMKX:
19.77%
SPEM:
18.19%
FIMKX:
-69.96%
SPEM:
-64.41%
FIMKX:
-14.67%
SPEM:
-6.40%
Returns By Period
In the year-to-date period, FIMKX achieves a 4.38% return, which is significantly higher than SPEM's 2.81% return. Over the past 10 years, FIMKX has outperformed SPEM with an annualized return of 5.74%, while SPEM has yielded a comparatively lower 3.80% annualized return.
FIMKX
4.38%
-2.40%
0.00%
8.65%
8.55%
5.74%
SPEM
2.81%
-0.20%
-0.33%
11.15%
9.02%
3.80%
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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 1.15%, less than SPEM's 2.71% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIMKX Fidelity Advisor Focused Emerging Markets Fund Class I | 1.15% | 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 | 2.71% | 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) and SPDR Portfolio Emerging Markets ETF (SPEM) have volatilities of 10.76% and 10.86%, 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.