FPADX vs. ESCIX
Compare and contrast key facts about Fidelity Emerging Markets Index Fund (FPADX) and Ashmore Emerging Markets Small Cap Equity Fund (ESCIX).
FPADX is managed by Fidelity. It was launched on Sep 8, 2011. ESCIX is managed by Ashmore. It was launched on Oct 3, 2011.
Performance
FPADX vs. ESCIX - Performance Comparison
Loading graphics...
FPADX vs. ESCIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
ESCIX Ashmore Emerging Markets Small Cap Equity Fund | 8.91% | 26.07% | 3.55% | 19.64% | -24.45% | 11.93% | 43.41% | 15.24% | -22.01% | 28.57% |
Returns By Period
In the year-to-date period, FPADX achieves a 0.22% return, which is significantly lower than ESCIX's 8.91% return. Over the past 10 years, FPADX has underperformed ESCIX with an annualized return of 7.51%, while ESCIX has yielded a comparatively higher 9.84% annualized return.
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%
ESCIX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 8.91%
- 6M
- 13.79%
- 1Y
- 41.15%
- 3Y*
- 16.77%
- 5Y*
- 5.75%
- 10Y*
- 9.84%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FPADX vs. ESCIX - Expense Ratio Comparison
FPADX has a 0.08% expense ratio, which is lower than ESCIX's 1.52% expense ratio.
Return for Risk
FPADX vs. ESCIX — Risk / Return Rank
FPADX
ESCIX
FPADX vs. ESCIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets Index Fund (FPADX) and Ashmore Emerging Markets Small Cap Equity Fund (ESCIX). 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.
| FPADX | ESCIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.64 | 2.59 | -0.95 |
Sortino ratioReturn per unit of downside risk | 2.18 | 3.42 | -1.25 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.53 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 1.98 | 2.47 | -0.49 |
Martin ratioReturn relative to average drawdown | 8.08 | 14.33 | -6.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FPADX | ESCIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 2.59 | -0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.37 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.56 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.39 | -0.12 |
Correlation
The correlation between FPADX and ESCIX is 0.77, 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
FPADX vs. ESCIX - Dividend Comparison
FPADX's dividend yield for the trailing twelve months is around 2.35%, more than ESCIX's 0.42% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
ESCIX Ashmore Emerging Markets Small Cap Equity Fund | 0.42% | 0.91% | 0.00% | 0.56% | 0.60% | 0.00% | 0.00% | 0.13% | 0.11% | 1.66% | 1.16% | 0.00% |
Drawdowns
FPADX vs. ESCIX - Drawdown Comparison
The maximum FPADX drawdown since its inception was -39.16%, smaller than the maximum ESCIX drawdown of -48.76%. Use the drawdown chart below to compare losses from any high point for FPADX and ESCIX.
Loading graphics...
Drawdown Indicators
| FPADX | ESCIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.16% | -48.76% | +9.60% |
Max Drawdown (1Y)Largest decline over 1 year | -13.28% | -12.84% | -0.44% |
Max Drawdown (5Y)Largest decline over 5 years | -37.04% | -36.59% | -0.45% |
Max Drawdown (10Y)Largest decline over 10 years | -39.16% | -48.76% | +9.60% |
Current DrawdownCurrent decline from peak | -13.28% | -0.74% | -12.54% |
Average DrawdownAverage peak-to-trough decline | -13.39% | -13.45% | +0.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 2.49% | +0.77% |
Volatility
FPADX vs. ESCIX - Volatility Comparison
Fidelity Emerging Markets Index Fund (FPADX) has a higher volatility of 8.84% compared to Ashmore Emerging Markets Small Cap Equity Fund (ESCIX) at 0.00%. This indicates that FPADX's price experiences larger fluctuations and is considered to be riskier than ESCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FPADX | ESCIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.84% | 0.00% | +8.84% |
Volatility (6M)Calculated over the trailing 6-month period | 13.29% | 8.91% | +4.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.59% | 15.75% | +1.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.64% | 15.86% | +0.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.60% | 17.64% | -0.04% |