FKEMX vs. VWO
Compare and contrast key facts about Fidelity Emerging Markets K (FKEMX) and Vanguard FTSE Emerging Markets ETF (VWO).
FKEMX is managed by Fidelity. It was launched on May 9, 2008. VWO is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Index. It was launched on Mar 4, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FKEMX or VWO.
Key characteristics
| FKEMX | VWO | |
|---|---|---|
| YTD Return | 14.17% | 14.73% |
| 1Y Return | 23.38% | 23.16% |
| 3Y Return (Ann) | -3.03% | 0.04% |
| 5Y Return (Ann) | 6.50% | 4.74% |
| 10Y Return (Ann) | 6.71% | 3.93% |
| Sharpe Ratio | 1.47 | 1.48 |
| Sortino Ratio | 2.14 | 2.13 |
| Omega Ratio | 1.27 | 1.27 |
| Calmar Ratio | 0.75 | 0.88 |
| Martin Ratio | 7.32 | 8.41 |
| Ulcer Index | 3.10% | 2.62% |
| Daily Std Dev | 15.47% | 14.87% |
| Max Drawdown | -69.07% | -67.68% |
| Current Drawdown | -13.91% | -7.65% |
Correlation
The correlation between FKEMX and VWO is 0.90, 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. VWO - Performance Comparison
The year-to-date returns for both investments are quite close, with FKEMX having a 14.17% return and VWO slightly higher at 14.73%. Over the past 10 years, FKEMX has outperformed VWO with an annualized return of 6.71%, while VWO has yielded a comparatively lower 3.93% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FKEMX vs. VWO - Expense Ratio Comparison
FKEMX has a 0.77% expense ratio, which is higher than VWO's 0.08% expense ratio.
Risk-Adjusted Performance
FKEMX vs. VWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets K (FKEMX) and Vanguard FTSE Emerging Markets ETF (VWO). 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.
Dividends
FKEMX vs. VWO - Dividend Comparison
FKEMX's dividend yield for the trailing twelve months is around 1.09%, less than VWO's 2.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKEMX Fidelity Emerging Markets K | 1.09% | 1.24% | 0.89% | 1.23% | 0.27% | 1.85% | 0.99% | 0.61% | 0.84% | 0.70% | 1.67% | 0.16% |
VWO Vanguard FTSE Emerging Markets ETF | 2.58% | 3.52% | 4.11% | 2.63% | 1.91% | 3.24% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% | 2.73% |
Drawdowns
FKEMX vs. VWO - Drawdown Comparison
The maximum FKEMX drawdown since its inception was -69.07%, roughly equal to the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for FKEMX and VWO. For additional features, visit the drawdowns tool.
Volatility
FKEMX vs. VWO - Volatility Comparison
Fidelity Emerging Markets K (FKEMX) and Vanguard FTSE Emerging Markets ETF (VWO) have volatilities of 4.80% and 4.90%, 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.