Correlation
The correlation between FKEMX and FZAEX is 0.64, 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.
FKEMX vs. FZAEX
Compare and contrast key facts about Fidelity Emerging Markets K (FKEMX) and Fidelity Advisor Focused Emerging Markets Fund Class Z (FZAEX).
FKEMX is managed by Fidelity. It was launched on May 9, 2008. FZAEX is managed by Fidelity. It was launched on Aug 13, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FKEMX or FZAEX.
Performance
FKEMX vs. FZAEX - Performance Comparison
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Key characteristics
FKEMX:
0.28
FZAEX:
0.51
FKEMX:
0.38
FZAEX:
0.64
FKEMX:
1.05
FZAEX:
1.08
FKEMX:
0.12
FZAEX:
0.30
FKEMX:
0.52
FZAEX:
0.98
FKEMX:
6.42%
FZAEX:
7.32%
FKEMX:
19.67%
FZAEX:
19.74%
FKEMX:
-69.07%
FZAEX:
-41.73%
FKEMX:
-14.94%
FZAEX:
-10.58%
Returns By Period
In the year-to-date period, FKEMX achieves a 5.17% return, which is significantly lower than FZAEX's 8.88% return. Both investments have delivered pretty close results over the past 10 years, with FKEMX having a 6.46% annualized return and FZAEX not far ahead at 6.51%.
FKEMX
5.17%
4.82%
3.60%
6.33%
5.71%
6.61%
6.46%
FZAEX
8.88%
4.27%
7.92%
11.03%
7.14%
8.31%
6.51%
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FKEMX vs. FZAEX - Expense Ratio Comparison
FKEMX has a 0.77% expense ratio, which is lower than FZAEX's 0.90% expense ratio.
Risk-Adjusted Performance
FKEMX vs. FZAEX — Risk-Adjusted Performance Rank
FKEMX
FZAEX
FKEMX vs. FZAEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets K (FKEMX) and Fidelity Advisor Focused Emerging Markets Fund Class Z (FZAEX). 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.
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Dividends
FKEMX vs. FZAEX - Dividend Comparison
FKEMX's dividend yield for the trailing twelve months is around 0.74%, less than FZAEX's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKEMX Fidelity Emerging Markets K | 0.74% | 0.78% | 1.24% | 0.89% | 6.18% | 1.46% | 1.85% | 1.00% | 0.69% | 0.84% | 0.70% | 0.90% |
FZAEX Fidelity Advisor Focused Emerging Markets Fund Class Z | 1.25% | 1.36% | 1.69% | 1.23% | 5.35% | 2.23% | 11.13% | 0.78% | 0.61% | 0.63% | 0.34% | 0.78% |
Drawdowns
FKEMX vs. FZAEX - Drawdown Comparison
The maximum FKEMX drawdown since its inception was -69.07%, which is greater than FZAEX's maximum drawdown of -41.73%. Use the drawdown chart below to compare losses from any high point for FKEMX and FZAEX.
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Volatility
FKEMX vs. FZAEX - Volatility Comparison
Fidelity Emerging Markets K (FKEMX) has a higher volatility of 4.34% compared to Fidelity Advisor Focused Emerging Markets Fund Class Z (FZAEX) at 3.78%. This indicates that FKEMX's price experiences larger fluctuations and is considered to be riskier than FZAEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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