FKEMX vs. VT
Compare and contrast key facts about Fidelity Emerging Markets K (FKEMX) and Vanguard Total World Stock ETF (VT).
FKEMX is managed by Fidelity. It was launched on May 9, 2008. VT is a passively managed fund by Vanguard that tracks the performance of the FTSE Global All Cap Index. It was launched on Jun 24, 2008.
Performance
FKEMX vs. VT - Performance Comparison
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FKEMX vs. VT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FKEMX Fidelity Emerging Markets K | -2.42% | 31.18% | 7.26% | 15.36% | -27.42% | 1.40% | 32.68% | 33.86% | -17.92% | 46.97% |
VT Vanguard Total World Stock ETF | -1.71% | 22.43% | 16.49% | 22.02% | -18.00% | 18.27% | 16.59% | 26.81% | -9.76% | 24.50% |
Returns By Period
In the year-to-date period, FKEMX achieves a -2.42% return, which is significantly lower than VT's -1.71% return. Over the past 10 years, FKEMX has underperformed VT with an annualized return of 9.70%, while VT has yielded a comparatively higher 11.53% annualized return.
FKEMX
- 1D
- -0.90%
- 1M
- -11.42%
- YTD
- -2.42%
- 6M
- 1.57%
- 1Y
- 29.50%
- 3Y*
- 13.46%
- 5Y*
- 2.72%
- 10Y*
- 9.70%
VT
- 1D
- 3.08%
- 1M
- -6.22%
- YTD
- -1.71%
- 6M
- 1.42%
- 1Y
- 21.53%
- 3Y*
- 16.86%
- 5Y*
- 9.22%
- 10Y*
- 11.53%
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FKEMX vs. VT - Expense Ratio Comparison
FKEMX has a 0.77% expense ratio, which is higher than VT's 0.06% expense ratio.
Return for Risk
FKEMX vs. VT — Risk / Return Rank
FKEMX
VT
FKEMX vs. VT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets K (FKEMX) and Vanguard Total World Stock ETF (VT). 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.
| FKEMX | VT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.50 | 1.25 | +0.24 |
Sortino ratioReturn per unit of downside risk | 2.04 | 1.84 | +0.20 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.27 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.06 | 1.83 | +0.23 |
Martin ratioReturn relative to average drawdown | 7.52 | 8.51 | -0.99 |
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
| FKEMX | VT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 1.25 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.15 | 0.58 | -0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | 0.67 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.17 | 0.40 | -0.23 |
Correlation
The correlation between FKEMX and VT is 0.80, 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
FKEMX vs. VT - Dividend Comparison
FKEMX's dividend yield for the trailing twelve months is around 0.07%, less than VT's 1.82% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKEMX Fidelity Emerging Markets K | 0.07% | 0.07% | 0.78% | 1.24% | 0.89% | 6.18% | 1.46% | 1.85% | 1.00% | 0.08% | 0.84% | 0.70% |
VT Vanguard Total World Stock ETF | 1.82% | 1.82% | 1.95% | 2.08% | 2.20% | 1.82% | 1.66% | 2.32% | 2.53% | 2.11% | 2.39% | 2.45% |
Drawdowns
FKEMX vs. VT - Drawdown Comparison
The maximum FKEMX drawdown since its inception was -69.07%, which is greater than VT's maximum drawdown of -50.27%. Use the drawdown chart below to compare losses from any high point for FKEMX and VT.
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Drawdown Indicators
| FKEMX | VT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.07% | -50.27% | -18.80% |
Max Drawdown (1Y)Largest decline over 1 year | -13.00% | -11.84% | -1.16% |
Max Drawdown (5Y)Largest decline over 5 years | -40.79% | -26.38% | -14.41% |
Max Drawdown (10Y)Largest decline over 10 years | -43.13% | -34.24% | -8.89% |
Current DrawdownCurrent decline from peak | -13.00% | -6.89% | -6.11% |
Average DrawdownAverage peak-to-trough decline | -21.49% | -7.08% | -14.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 2.55% | +1.02% |
Volatility
FKEMX vs. VT - Volatility Comparison
Fidelity Emerging Markets K (FKEMX) has a higher volatility of 9.16% compared to Vanguard Total World Stock ETF (VT) at 6.33%. This indicates that FKEMX's price experiences larger fluctuations and is considered to be riskier than VT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FKEMX | VT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.16% | 6.33% | +2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 14.17% | 9.95% | +4.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.35% | 17.24% | +2.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.50% | 15.98% | +2.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.42% | 17.20% | +1.22% |