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FOCKX vs. FPADX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FOCKX vs. FPADX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity OTC Portfolio Class K (FOCKX) and Fidelity Emerging Markets Index Fund (FPADX). The values are adjusted to include any dividend payments, if applicable.

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FOCKX vs. FPADX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FOCKX
Fidelity OTC Portfolio Class K
-7.76%22.28%38.91%42.92%-32.07%25.06%46.83%39.36%-3.18%38.78%
FPADX
Fidelity Emerging Markets Index Fund
0.22%33.90%6.80%9.51%-20.06%-3.07%17.84%18.28%-14.65%35.16%

Returns By Period

In the year-to-date period, FOCKX achieves a -7.76% return, which is significantly lower than FPADX's 0.22% return. Over the past 10 years, FOCKX has outperformed FPADX with an annualized return of 19.31%, while FPADX has yielded a comparatively lower 7.51% annualized return.


FOCKX

1D
-1.33%
1M
-8.64%
YTD
-7.76%
6M
-2.82%
1Y
27.02%
3Y*
24.78%
5Y*
12.96%
10Y*
19.31%

FPADX

1D
-0.87%
1M
-12.34%
YTD
0.22%
6M
4.75%
1Y
29.14%
3Y*
14.61%
5Y*
3.41%
10Y*
7.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FOCKX vs. FPADX - Expense Ratio Comparison

FOCKX has a 0.73% expense ratio, which is higher than FPADX's 0.08% expense ratio.


Return for Risk

FOCKX vs. FPADX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FOCKX
FOCKX Risk / Return Rank: 7171
Overall Rank
FOCKX Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
FOCKX Sortino Ratio Rank: 7272
Sortino Ratio Rank
FOCKX Omega Ratio Rank: 6868
Omega Ratio Rank
FOCKX Calmar Ratio Rank: 7373
Calmar Ratio Rank
FOCKX Martin Ratio Rank: 7474
Martin Ratio Rank

FPADX
FPADX Risk / Return Rank: 8383
Overall Rank
FPADX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
FPADX Sortino Ratio Rank: 8484
Sortino Ratio Rank
FPADX Omega Ratio Rank: 8282
Omega Ratio Rank
FPADX Calmar Ratio Rank: 8282
Calmar Ratio Rank
FPADX Martin Ratio Rank: 8181
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FOCKX vs. FPADX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity OTC Portfolio Class K (FOCKX) and Fidelity Emerging Markets Index Fund (FPADX). 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.


FOCKXFPADXDifference

Sharpe ratio

Return per unit of total volatility

1.20

1.64

-0.44

Sortino ratio

Return per unit of downside risk

1.76

2.18

-0.41

Omega ratio

Gain probability vs. loss probability

1.25

1.32

-0.07

Calmar ratio

Return relative to maximum drawdown

1.66

1.98

-0.32

Martin ratio

Return relative to average drawdown

7.07

8.08

-1.01

FOCKX vs. FPADX - Sharpe Ratio Comparison

The current FOCKX Sharpe Ratio is 1.20, which is comparable to the FPADX Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of FOCKX and FPADX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FOCKXFPADXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.20

1.64

-0.44

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.58

0.21

+0.37

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.07

0.43

-0.36

Sharpe Ratio (All Time)

Calculated using the full available price history

0.07

0.27

-0.20

Correlation

The correlation between FOCKX and FPADX 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.


Dividends

FOCKX vs. FPADX - Dividend Comparison

FOCKX's dividend yield for the trailing twelve months is around 8.19%, more than FPADX's 2.35% yield.


TTM20252024202320222021202020192018201720162015
FOCKX
Fidelity OTC Portfolio Class K
8.19%7.56%16.42%0.09%3.97%11.34%6.18%7.49%7.81%4.85%3.25%5.42%
FPADX
Fidelity Emerging Markets Index Fund
2.35%2.35%2.70%2.68%2.47%2.14%1.50%2.59%2.20%0.12%1.69%2.47%

Drawdowns

FOCKX vs. FPADX - Drawdown Comparison

The maximum FOCKX drawdown since its inception was -90.14%, which is greater than FPADX's maximum drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for FOCKX and FPADX.


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Drawdown Indicators


FOCKXFPADXDifference

Max Drawdown

Largest peak-to-trough decline

-90.14%

-39.16%

-50.98%

Max Drawdown (1Y)

Largest decline over 1 year

-12.55%

-13.28%

+0.73%

Max Drawdown (5Y)

Largest decline over 5 years

-36.97%

-37.04%

+0.07%

Max Drawdown (10Y)

Largest decline over 10 years

-90.14%

-39.16%

-50.98%

Current Drawdown

Current decline from peak

-11.28%

-13.28%

+2.00%

Average Drawdown

Average peak-to-trough decline

-8.47%

-13.39%

+4.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.23%

3.26%

-0.03%

Volatility

FOCKX vs. FPADX - Volatility Comparison

The current volatility for Fidelity OTC Portfolio Class K (FOCKX) is 6.63%, while Fidelity Emerging Markets Index Fund (FPADX) has a volatility of 8.84%. This indicates that FOCKX experiences smaller price fluctuations and is considered to be less risky than FPADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FOCKXFPADXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.63%

8.84%

-2.21%

Volatility (6M)

Calculated over the trailing 6-month period

13.55%

13.29%

+0.26%

Volatility (1Y)

Calculated over the trailing 1-year period

22.78%

17.59%

+5.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.54%

16.64%

+5.90%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

288.89%

17.60%

+271.29%