FLATX vs. FIENX
Compare and contrast key facts about Fidelity Latin America Fund (FLATX) and Fidelity International Enhanced Index Fund (FIENX).
FLATX is managed by Fidelity. It was launched on Apr 19, 1993. FIENX is managed by Fidelity. It was launched on Dec 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLATX or FIENX.
Correlation
The correlation between FLATX and FIENX is 0.62, 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.
Performance
FLATX vs. FIENX - Performance Comparison
Key characteristics
Returns By Period
FLATX
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FIENX
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FLATX vs. FIENX - Expense Ratio Comparison
FLATX has a 1.04% expense ratio, which is higher than FIENX's 0.55% expense ratio.
Risk-Adjusted Performance
FLATX vs. FIENX — Risk-Adjusted Performance Rank
FLATX
FIENX
FLATX vs. FIENX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Latin America Fund (FLATX) and Fidelity International Enhanced Index Fund (FIENX). 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
FLATX vs. FIENX - Dividend Comparison
Neither FLATX nor FIENX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FLATX Fidelity Latin America Fund | 2.40% | 4.14% | 9.18% | 2.77% | 0.06% | 2.32% | 2.35% | 1.52% | 2.48% | 3.04% | 11.01% |
FIENX Fidelity International Enhanced Index Fund | 0.00% | 7.66% | 2.41% | 2.72% | 1.64% | 3.00% | 2.37% | 1.64% | 2.44% | 1.03% | 3.00% |
Drawdowns
FLATX vs. FIENX - Drawdown Comparison
Volatility
FLATX vs. FIENX - Volatility Comparison
Fidelity Latin America Fund (FLATX) has a higher volatility of 2.35% compared to Fidelity International Enhanced Index Fund (FIENX) at 0.00%. This indicates that FLATX's price experiences larger fluctuations and is considered to be riskier than FIENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.