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FPADX vs. FZILX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FPADX and FZILX is 0.87, 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.


-0.50.00.51.00.9

Performance

FPADX vs. FZILX - Performance Comparison

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

-5.00%0.00%5.00%10.00%AugustSeptemberOctoberNovemberDecember2025
-0.15%
-0.56%
FPADX
FZILX

Key characteristics

Sharpe Ratio

FPADX:

1.03

FZILX:

0.89

Sortino Ratio

FPADX:

1.51

FZILX:

1.29

Omega Ratio

FPADX:

1.19

FZILX:

1.16

Calmar Ratio

FPADX:

0.50

FZILX:

1.11

Martin Ratio

FPADX:

3.30

FZILX:

2.88

Ulcer Index

FPADX:

4.32%

FZILX:

3.76%

Daily Std Dev

FPADX:

13.87%

FZILX:

12.20%

Max Drawdown

FPADX:

-39.16%

FZILX:

-34.37%

Current Drawdown

FPADX:

-18.71%

FZILX:

-7.35%

Returns By Period

In the year-to-date period, FPADX achieves a 0.48% return, which is significantly lower than FZILX's 1.24% return.


FPADX

YTD

0.48%

1M

-0.19%

6M

-0.14%

1Y

12.22%

5Y*

0.84%

10Y*

3.15%

FZILX

YTD

1.24%

1M

1.50%

6M

-0.56%

1Y

9.49%

5Y*

4.27%

10Y*

N/A

*Annualized

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. FZILX - Expense Ratio Comparison

FPADX has a 0.08% expense ratio, which is higher than FZILX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


FPADX
Fidelity Emerging Markets Index Fund
Expense ratio chart for FPADX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%
Expense ratio chart for FZILX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

FPADX vs. FZILX — Risk-Adjusted Performance Rank

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

FPADX
The Risk-Adjusted Performance Rank of FPADX is 4545
Overall Rank
The Sharpe Ratio Rank of FPADX is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of FPADX is 5151
Sortino Ratio Rank
The Omega Ratio Rank of FPADX is 4545
Omega Ratio Rank
The Calmar Ratio Rank of FPADX is 3737
Calmar Ratio Rank
The Martin Ratio Rank of FPADX is 4242
Martin Ratio Rank

FZILX
The Risk-Adjusted Performance Rank of FZILX is 4545
Overall Rank
The Sharpe Ratio Rank of FZILX is 4141
Sharpe Ratio Rank
The Sortino Ratio Rank of FZILX is 4242
Sortino Ratio Rank
The Omega Ratio Rank of FZILX is 3737
Omega Ratio Rank
The Calmar Ratio Rank of FZILX is 6767
Calmar Ratio Rank
The Martin Ratio Rank of FZILX is 3636
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FPADX vs. FZILX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets Index Fund (FPADX) and Fidelity ZERO International Index Fund (FZILX). 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.


Sharpe ratio
The chart of Sharpe ratio for FPADX, currently valued at 1.03, compared to the broader market-1.000.001.002.003.004.001.030.89
The chart of Sortino ratio for FPADX, currently valued at 1.51, compared to the broader market0.005.0010.001.511.29
The chart of Omega ratio for FPADX, currently valued at 1.19, compared to the broader market1.002.003.004.001.191.16
The chart of Calmar ratio for FPADX, currently valued at 0.50, compared to the broader market0.005.0010.0015.0020.000.501.11
The chart of Martin ratio for FPADX, currently valued at 3.30, compared to the broader market0.0020.0040.0060.0080.003.302.88
FPADX
FZILX

The current FPADX Sharpe Ratio is 1.03, which is comparable to the FZILX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of FPADX and FZILX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.00AugustSeptemberOctoberNovemberDecember2025
1.03
0.89
FPADX
FZILX

Dividends

FPADX vs. FZILX - Dividend Comparison

FPADX's dividend yield for the trailing twelve months is around 2.68%, less than FZILX's 2.96% yield.


TTM20242023202220212020201920182017201620152014
FPADX
Fidelity Emerging Markets Index Fund
2.68%2.70%2.68%2.47%2.14%1.50%2.59%2.20%1.76%1.69%2.47%4.05%
FZILX
Fidelity ZERO International Index Fund
2.96%3.00%2.98%2.71%2.61%1.64%2.83%0.66%0.00%0.00%0.00%0.00%

Drawdowns

FPADX vs. FZILX - Drawdown Comparison

The maximum FPADX drawdown since its inception was -39.16%, which is greater than FZILX's maximum drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for FPADX and FZILX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-18.71%
-7.35%
FPADX
FZILX

Volatility

FPADX vs. FZILX - Volatility Comparison

Fidelity Emerging Markets Index Fund (FPADX) and Fidelity ZERO International Index Fund (FZILX) have volatilities of 3.67% and 3.64%, 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.


2.00%3.00%4.00%5.00%6.00%AugustSeptemberOctoberNovemberDecember2025
3.67%
3.64%
FPADX
FZILX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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