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

Correlation

The correlation between FKEMX and FEMKX 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.


-0.50.00.51.01.0

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.

40.00%45.00%50.00%55.00%60.00%65.00%JulyAugustSeptemberOctoberNovemberDecember
53.45%
47.98%
FKEMX
FEMKX

Key characteristics

Sharpe Ratio

FKEMX:

0.71

FEMKX:

0.71

Sortino Ratio

FKEMX:

1.11

FEMKX:

1.11

Omega Ratio

FKEMX:

1.13

FEMKX:

1.13

Calmar Ratio

FKEMX:

0.40

FEMKX:

0.39

Martin Ratio

FKEMX:

2.95

FEMKX:

2.95

Ulcer Index

FKEMX:

3.74%

FEMKX:

3.74%

Daily Std Dev

FKEMX:

15.54%

FEMKX:

15.51%

Max Drawdown

FKEMX:

-69.07%

FEMKX:

-71.06%

Current Drawdown

FKEMX:

-18.54%

FEMKX:

-18.82%

Returns By Period

The year-to-date returns for both investments are quite close, with FKEMX having a 8.02% return and FEMKX slightly higher at 8.05%. Both investments have delivered pretty close results over the past 10 years, with FKEMX having a 6.38% annualized return and FEMKX not far behind at 6.25%.


FKEMX

YTD

8.02%

1M

-1.98%

6M

-2.42%

1Y

9.52%

5Y*

4.11%

10Y*

6.38%

FEMKX

YTD

8.05%

1M

-1.85%

6M

-2.35%

1Y

9.52%

5Y*

4.01%

10Y*

6.25%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FKEMX vs. FEMKX - Expense Ratio Comparison

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


FEMKX
Fidelity Emerging Markets
Expense ratio chart for FEMKX: current value at 0.88% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.88%
Expense ratio chart for FKEMX: current value at 0.77% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.77%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for FKEMX, currently valued at 0.71, compared to the broader market-1.000.001.002.003.004.000.710.71
The chart of Sortino ratio for FKEMX, currently valued at 1.11, compared to the broader market-2.000.002.004.006.008.0010.001.111.11
The chart of Omega ratio for FKEMX, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.003.501.131.13
The chart of Calmar ratio for FKEMX, currently valued at 0.40, compared to the broader market0.002.004.006.008.0010.0012.0014.000.400.39
The chart of Martin ratio for FKEMX, currently valued at 2.95, compared to the broader market0.0020.0040.0060.002.952.95
FKEMX
FEMKX

The current FKEMX Sharpe Ratio is 0.71, which is comparable to the FEMKX Sharpe Ratio of 0.71. 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 Ratio0.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.71
0.71
FKEMX
FEMKX

Dividends

FKEMX vs. FEMKX - Dividend Comparison

FKEMX's dividend yield for the trailing twelve months is around 0.05%, which matches FEMKX's 0.05% yield.


TTM20232022202120202019201820172016201520142013
FKEMX
Fidelity Emerging Markets K
0.05%1.24%0.89%1.23%0.27%1.85%0.99%0.61%0.84%0.70%1.67%0.16%
FEMKX
Fidelity Emerging Markets
0.05%1.11%0.77%1.06%0.20%1.71%0.81%0.49%0.67%0.51%1.24%0.08%

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.


-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%JulyAugustSeptemberOctoberNovemberDecember
-18.54%
-18.82%
FKEMX
FEMKX

Volatility

FKEMX vs. FEMKX - Volatility Comparison

Fidelity Emerging Markets K (FKEMX) and Fidelity Emerging Markets (FEMKX) have volatilities of 3.45% and 3.40%, 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%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.45%
3.40%
FKEMX
FEMKX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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