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

Correlation

The correlation between FKEMX and FNILX is 0.72, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

FKEMX vs. FNILX - Performance Comparison

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

20.00%40.00%60.00%80.00%100.00%120.00%140.00%NovemberDecember2025FebruaryMarchApril
27.02%
102.16%
FKEMX
FNILX

Key characteristics

Sharpe Ratio

FKEMX:

-0.36

FNILX:

0.14

Sortino Ratio

FKEMX:

-0.39

FNILX:

0.33

Omega Ratio

FKEMX:

0.95

FNILX:

1.05

Calmar Ratio

FKEMX:

-0.22

FNILX:

0.14

Martin Ratio

FKEMX:

-1.20

FNILX:

0.67

Ulcer Index

FKEMX:

5.82%

FNILX:

3.94%

Daily Std Dev

FKEMX:

19.35%

FNILX:

19.12%

Max Drawdown

FKEMX:

-69.07%

FNILX:

-33.75%

Current Drawdown

FKEMX:

-29.10%

FNILX:

-14.38%

Returns By Period

In the year-to-date period, FKEMX achieves a -8.04% return, which is significantly higher than FNILX's -10.33% return.


FKEMX

YTD

-8.04%

1M

-6.84%

6M

-14.55%

1Y

-6.21%

5Y*

4.37%

10Y*

4.08%

FNILX

YTD

-10.33%

1M

-5.40%

6M

-8.15%

1Y

3.60%

5Y*

15.33%

10Y*

N/A

*Annualized

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. FNILX - Expense Ratio Comparison

FKEMX has a 0.77% expense ratio, which is higher than FNILX's 0.00% expense ratio.


FKEMX
Fidelity Emerging Markets K
Expense ratio chart for FKEMX: current value is 0.77%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FKEMX: 0.77%
Expense ratio chart for FNILX: current value is 0.00%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FNILX: 0.00%

Risk-Adjusted Performance

FKEMX vs. FNILX — 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 2626
Overall Rank
The Sharpe Ratio Rank of FKEMX is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of FKEMX is 2525
Sortino Ratio Rank
The Omega Ratio Rank of FKEMX is 2828
Omega Ratio Rank
The Calmar Ratio Rank of FKEMX is 2929
Calmar Ratio Rank
The Martin Ratio Rank of FKEMX is 2222
Martin Ratio Rank

FNILX
The Risk-Adjusted Performance Rank of FNILX is 6363
Overall Rank
The Sharpe Ratio Rank of FNILX is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of FNILX is 6363
Sortino Ratio Rank
The Omega Ratio Rank of FNILX is 6464
Omega Ratio Rank
The Calmar Ratio Rank of FNILX is 6464
Calmar Ratio Rank
The Martin Ratio Rank of FNILX is 6262
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. FNILX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets K (FKEMX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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 -0.36, compared to the broader market-1.000.001.002.003.00
FKEMX: -0.36
FNILX: 0.14
The chart of Sortino ratio for FKEMX, currently valued at -0.39, compared to the broader market-2.000.002.004.006.008.00
FKEMX: -0.39
FNILX: 0.33
The chart of Omega ratio for FKEMX, currently valued at 0.95, compared to the broader market0.501.001.502.002.503.00
FKEMX: 0.95
FNILX: 1.05
The chart of Calmar ratio for FKEMX, currently valued at -0.22, compared to the broader market0.002.004.006.008.0010.00
FKEMX: -0.22
FNILX: 0.14
The chart of Martin ratio for FKEMX, currently valued at -1.20, compared to the broader market0.0010.0020.0030.0040.0050.00
FKEMX: -1.20
FNILX: 0.67

The current FKEMX Sharpe Ratio is -0.36, which is lower than the FNILX Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of FKEMX and FNILX, 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-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
-0.36
0.14
FKEMX
FNILX

Dividends

FKEMX vs. FNILX - Dividend Comparison

FKEMX's dividend yield for the trailing twelve months is around 0.85%, less than FNILX's 1.22% yield.


TTM20242023202220212020201920182017201620152014
FKEMX
Fidelity Emerging Markets K
0.85%0.78%1.24%0.89%1.23%0.27%1.85%0.99%0.61%0.84%0.70%1.67%
FNILX
Fidelity ZERO Large Cap Index Fund
1.22%1.09%1.34%1.53%0.95%1.20%1.17%0.41%0.00%0.00%0.00%0.00%

Drawdowns

FKEMX vs. FNILX - Drawdown Comparison

The maximum FKEMX drawdown since its inception was -69.07%, which is greater than FNILX's maximum drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for FKEMX and FNILX. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-29.10%
-14.38%
FKEMX
FNILX

Volatility

FKEMX vs. FNILX - Volatility Comparison

The current volatility for Fidelity Emerging Markets K (FKEMX) is 10.21%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 13.71%. This indicates that FKEMX experiences smaller price fluctuations and is considered to be less risky than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
10.21%
13.71%
FKEMX
FNILX
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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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