FIQGX vs. FEDGX
Compare and contrast key facts about Fidelity Advisor Emerging Markets Discovery Fund Class Z (FIQGX) and Fidelity Advisor Emerging Markets Discovery Fund Class C (FEDGX).
FIQGX is managed by Fidelity. It was launched on Oct 2, 2018. FEDGX is managed by Fidelity. It was launched on Nov 1, 2011.
Performance
FIQGX vs. FEDGX - Performance Comparison
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FIQGX vs. FEDGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FIQGX Fidelity Advisor Emerging Markets Discovery Fund Class Z | 6.15% | 31.96% | -3.54% | 20.94% | -11.74% | 6.86% | 17.11% | 19.81% | -1.18% |
FEDGX Fidelity Advisor Emerging Markets Discovery Fund Class C | 5.82% | 30.50% | -4.59% | 19.45% | -12.76% | 5.51% | 15.73% | 18.27% | -1.41% |
Returns By Period
In the year-to-date period, FIQGX achieves a 6.15% return, which is significantly higher than FEDGX's 5.82% return.
FIQGX
- 1D
- 1.90%
- 1M
- -6.09%
- YTD
- 6.15%
- 6M
- 11.78%
- 1Y
- 36.85%
- 3Y*
- 15.79%
- 5Y*
- 7.98%
- 10Y*
- —
FEDGX
- 1D
- 1.87%
- 1M
- -6.17%
- YTD
- 5.82%
- 6M
- 11.14%
- 1Y
- 35.35%
- 3Y*
- 14.48%
- 5Y*
- 6.72%
- 10Y*
- 8.65%
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FIQGX vs. FEDGX - Expense Ratio Comparison
FIQGX has a 1.05% expense ratio, which is lower than FEDGX's 2.25% expense ratio.
Return for Risk
FIQGX vs. FEDGX — Risk / Return Rank
FIQGX
FEDGX
FIQGX vs. FEDGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Emerging Markets Discovery Fund Class Z (FIQGX) and Fidelity Advisor Emerging Markets Discovery Fund Class C (FEDGX). 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.
| FIQGX | FEDGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.64 | 2.53 | +0.11 |
Sortino ratioReturn per unit of downside risk | 3.28 | 3.15 | +0.13 |
Omega ratioGain probability vs. loss probability | 1.50 | 1.48 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 3.70 | 3.54 | +0.16 |
Martin ratioReturn relative to average drawdown | 14.41 | 13.63 | +0.77 |
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
| FIQGX | FEDGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.64 | 2.53 | +0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.48 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.45 | +0.19 |
Correlation
The correlation between FIQGX and FEDGX is 1.00, 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
FIQGX vs. FEDGX - Dividend Comparison
FIQGX's dividend yield for the trailing twelve months is around 4.59%, more than FEDGX's 3.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FIQGX Fidelity Advisor Emerging Markets Discovery Fund Class Z | 4.59% | 4.87% | 4.07% | 2.20% | 1.86% | 12.04% | 0.71% | 1.22% | 2.16% | 0.00% | 0.00% |
FEDGX Fidelity Advisor Emerging Markets Discovery Fund Class C | 3.60% | 3.81% | 3.01% | 1.09% | 0.57% | 10.88% | 0.00% | 0.00% | 0.49% | 1.54% | 0.58% |
Drawdowns
FIQGX vs. FEDGX - Drawdown Comparison
The maximum FIQGX drawdown since its inception was -38.41%, smaller than the maximum FEDGX drawdown of -44.26%. Use the drawdown chart below to compare losses from any high point for FIQGX and FEDGX.
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Drawdown Indicators
| FIQGX | FEDGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.41% | -44.26% | +5.85% |
Max Drawdown (1Y)Largest decline over 1 year | -9.94% | -9.97% | +0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -27.36% | -28.29% | +0.93% |
Max Drawdown (10Y)Largest decline over 10 years | — | -44.26% | — |
Current DrawdownCurrent decline from peak | -7.83% | -7.97% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -7.02% | -9.62% | +2.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 2.59% | -0.04% |
Volatility
FIQGX vs. FEDGX - Volatility Comparison
Fidelity Advisor Emerging Markets Discovery Fund Class Z (FIQGX) and Fidelity Advisor Emerging Markets Discovery Fund Class C (FEDGX) have volatilities of 6.78% and 6.74%, 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.
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Volatility by Period
| FIQGX | FEDGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.78% | 6.74% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 9.92% | 9.91% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.45% | 14.46% | -0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.01% | 14.00% | +0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.77% | 15.65% | +1.12% |