FPADX vs. VEMAX
Compare and contrast key facts about Fidelity Emerging Markets Index Fund (FPADX) and Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX).
FPADX is managed by Fidelity. It was launched on Sep 8, 2011. VEMAX is managed by Vanguard. It was launched on Jun 23, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPADX or VEMAX.
Performance
FPADX vs. VEMAX - Performance Comparison
Returns By Period
In the year-to-date period, FPADX achieves a 7.46% return, which is significantly lower than VEMAX's 10.75% return. Over the past 10 years, FPADX has underperformed VEMAX with an annualized return of 3.07%, while VEMAX has yielded a comparatively higher 3.58% annualized return.
FPADX
7.46%
-5.68%
-0.92%
12.20%
2.73%
3.07%
VEMAX
10.75%
-4.77%
1.52%
15.59%
4.24%
3.58%
Key characteristics
| FPADX | VEMAX | |
|---|---|---|
| Sharpe Ratio | 0.82 | 1.15 |
| Sortino Ratio | 1.23 | 1.68 |
| Omega Ratio | 1.15 | 1.21 |
| Calmar Ratio | 0.40 | 0.63 |
| Martin Ratio | 3.93 | 5.76 |
| Ulcer Index | 2.93% | 2.53% |
| Daily Std Dev | 14.03% | 12.72% |
| Max Drawdown | -39.16% | -66.45% |
| Current Drawdown | -18.59% | -10.69% |
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. VEMAX - Expense Ratio Comparison
FPADX has a 0.08% expense ratio, which is lower than VEMAX's 0.14% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between FPADX and VEMAX is 0.98, 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.
Risk-Adjusted Performance
FPADX vs. VEMAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Markets Index Fund (FPADX) and Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX). 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
FPADX vs. VEMAX - Dividend Comparison
FPADX's dividend yield for the trailing twelve months is around 2.49%, less than VEMAX's 2.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPADX Fidelity Emerging Markets Index Fund | 2.49% | 2.68% | 2.47% | 2.14% | 1.50% | 2.59% | 2.20% | 1.76% | 1.69% | 2.47% | 2.03% | 2.15% |
VEMAX Vanguard Emerging Markets Stock Index Fund Admiral Shares | 2.62% | 3.46% | 4.05% | 2.57% | 1.87% | 3.19% | 2.85% | 2.30% | 2.51% | 3.25% | 2.86% | 2.76% |
Drawdowns
FPADX vs. VEMAX - Drawdown Comparison
The maximum FPADX drawdown since its inception was -39.16%, smaller than the maximum VEMAX drawdown of -66.45%. Use the drawdown chart below to compare losses from any high point for FPADX and VEMAX. For additional features, visit the drawdowns tool.
Volatility
FPADX vs. VEMAX - Volatility Comparison
Fidelity Emerging Markets Index Fund (FPADX) has a higher volatility of 4.42% compared to Vanguard Emerging Markets Stock Index Fund Admiral Shares (VEMAX) at 4.00%. This indicates that FPADX's price experiences larger fluctuations and is considered to be riskier than VEMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.