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FKEMX vs. FEMKX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FKEMX and FEMKX is 0.71, 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

FKEMX vs. FEMKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Emerging Markets K (FKEMX) and Fidelity Emerging Markets (FEMKX). The values are adjusted to include any dividend payments, if applicable.

20.00%25.00%30.00%35.00%40.00%45.00%50.00%55.00%December2025FebruaryMarchAprilMay
47.37%
41.86%
FKEMX
FEMKX

Key characteristics

Sharpe Ratio

FKEMX:

0.20

FEMKX:

0.19

Sortino Ratio

FKEMX:

0.36

FEMKX:

0.35

Omega Ratio

FKEMX:

1.05

FEMKX:

1.04

Calmar Ratio

FKEMX:

0.10

FEMKX:

0.09

Martin Ratio

FKEMX:

0.48

FEMKX:

0.46

Ulcer Index

FKEMX:

6.39%

FEMKX:

6.42%

Daily Std Dev

FKEMX:

19.51%

FEMKX:

19.48%

Max Drawdown

FKEMX:

-69.07%

FEMKX:

-71.06%

Current Drawdown

FKEMX:

-20.72%

FEMKX:

-21.13%

Returns By Period

The year-to-date returns for both stocks are quite close, with FKEMX having a 2.84% return and FEMKX slightly lower at 2.81%. Both investments have delivered pretty close results over the past 10 years, with FKEMX having a 5.48% annualized return and FEMKX not far behind at 5.33%.


FKEMX

YTD

2.84%

1M

16.20%

6M

-4.97%

1Y

3.83%

5Y*

5.60%

10Y*

5.48%

FEMKX

YTD

2.81%

1M

16.21%

6M

-5.03%

1Y

3.70%

5Y*

5.47%

10Y*

5.33%

*Annualized

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FKEMX vs. FEMKX - Expense Ratio Comparison

FKEMX has a 0.77% expense ratio, which is lower than FEMKX's 0.88% expense ratio.


Risk-Adjusted Performance

FKEMX vs. FEMKX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FKEMX
The Risk-Adjusted Performance Rank of FKEMX is 3131
Overall Rank
The Sharpe Ratio Rank of FKEMX is 3333
Sharpe Ratio Rank
The Sortino Ratio Rank of FKEMX is 3232
Sortino Ratio Rank
The Omega Ratio Rank of FKEMX is 3030
Omega Ratio Rank
The Calmar Ratio Rank of FKEMX is 2929
Calmar Ratio Rank
The Martin Ratio Rank of FKEMX is 3030
Martin Ratio Rank

FEMKX
The Risk-Adjusted Performance Rank of FEMKX is 3030
Overall Rank
The Sharpe Ratio Rank of FEMKX is 3131
Sharpe Ratio Rank
The Sortino Ratio Rank of FEMKX is 3131
Sortino Ratio Rank
The Omega Ratio Rank of FEMKX is 2929
Omega Ratio Rank
The Calmar Ratio Rank of FEMKX is 2828
Calmar Ratio Rank
The Martin Ratio Rank of FEMKX is 3030
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FKEMX vs. FEMKX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets K (FKEMX) 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.


The current FKEMX Sharpe Ratio is 0.20, which is comparable to the FEMKX Sharpe Ratio of 0.19. The chart below compares the historical Sharpe Ratios of FKEMX and FEMKX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50December2025FebruaryMarchAprilMay
0.20
0.19
FKEMX
FEMKX

Dividends

FKEMX vs. FEMKX - Dividend Comparison

FKEMX's dividend yield for the trailing twelve months is around 0.76%, more than FEMKX's 0.63% yield.


TTM20242023202220212020201920182017201620152014
FKEMX
Fidelity Emerging Markets K
0.76%0.78%1.24%0.89%1.23%0.27%1.85%0.99%0.61%0.84%0.70%1.67%
FEMKX
Fidelity Emerging Markets
0.63%0.65%1.11%0.77%1.06%0.20%1.71%0.81%0.49%0.67%0.51%1.24%

Drawdowns

FKEMX vs. FEMKX - Drawdown Comparison

The maximum FKEMX drawdown since its inception was -69.07%, roughly equal to the maximum FEMKX drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for FKEMX and FEMKX. For additional features, visit the drawdowns tool.


-30.00%-25.00%-20.00%December2025FebruaryMarchAprilMay
-20.72%
-21.13%
FKEMX
FEMKX

Volatility

FKEMX vs. FEMKX - Volatility Comparison

Fidelity Emerging Markets K (FKEMX) and Fidelity Emerging Markets (FEMKX) have volatilities of 8.07% and 8.06%, 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.


2.00%4.00%6.00%8.00%10.00%12.00%December2025FebruaryMarchAprilMay
8.07%
8.06%
FKEMX
FEMKX