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FSEAX vs. FELAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSEAX vs. FELAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Emerging Asia Fund (FSEAX) and Fidelity Advisor Semiconductors Fund Class A (FELAX). The values are adjusted to include any dividend payments, if applicable.

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FSEAX vs. FELAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSEAX
Fidelity Emerging Asia Fund
0.63%36.43%21.80%13.58%-31.26%-14.91%73.43%30.97%-15.08%45.13%
FELAX
Fidelity Advisor Semiconductors Fund Class A
0.28%44.88%43.74%75.08%-35.07%57.50%43.57%63.76%-12.76%34.12%

Returns By Period

In the year-to-date period, FSEAX achieves a 0.63% return, which is significantly higher than FELAX's 0.28% return. Over the past 10 years, FSEAX has underperformed FELAX with an annualized return of 12.43%, while FELAX has yielded a comparatively higher 29.63% annualized return.


FSEAX

1D
-1.14%
1M
-12.47%
YTD
0.63%
6M
2.04%
1Y
33.51%
3Y*
20.81%
5Y*
2.18%
10Y*
12.43%

FELAX

1D
-4.25%
1M
-10.01%
YTD
0.28%
6M
8.18%
1Y
77.14%
3Y*
38.05%
5Y*
27.80%
10Y*
29.63%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSEAX vs. FELAX - Expense Ratio Comparison

FSEAX has a 1.02% expense ratio, which is higher than FELAX's 1.01% expense ratio.


Return for Risk

FSEAX vs. FELAX — Risk / Return Rank

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

FSEAX
FSEAX Risk / Return Rank: 8383
Overall Rank
FSEAX Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
FSEAX Sortino Ratio Rank: 8484
Sortino Ratio Rank
FSEAX Omega Ratio Rank: 8181
Omega Ratio Rank
FSEAX Calmar Ratio Rank: 8787
Calmar Ratio Rank
FSEAX Martin Ratio Rank: 8181
Martin Ratio Rank

FELAX
FELAX Risk / Return Rank: 9292
Overall Rank
FELAX Sharpe Ratio Rank: 9191
Sharpe Ratio Rank
FELAX Sortino Ratio Rank: 9090
Sortino Ratio Rank
FELAX Omega Ratio Rank: 8686
Omega Ratio Rank
FELAX Calmar Ratio Rank: 9797
Calmar Ratio Rank
FELAX Martin Ratio Rank: 9797
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.

FSEAX vs. FELAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Asia Fund (FSEAX) and Fidelity Advisor Semiconductors Fund Class A (FELAX). 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.


FSEAXFELAXDifference

Sharpe ratio

Return per unit of total volatility

1.62

1.93

-0.31

Sortino ratio

Return per unit of downside risk

2.15

2.54

-0.39

Omega ratio

Gain probability vs. loss probability

1.31

1.36

-0.04

Calmar ratio

Return relative to maximum drawdown

2.23

4.16

-1.93

Martin ratio

Return relative to average drawdown

8.05

15.82

-7.77

FSEAX vs. FELAX - Sharpe Ratio Comparison

The current FSEAX Sharpe Ratio is 1.62, which is comparable to the FELAX Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of FSEAX and FELAX, 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


FSEAXFELAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.62

1.93

-0.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.10

0.74

-0.64

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.60

0.87

-0.26

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

0.39

-0.01

Correlation

The correlation between FSEAX and FELAX is 0.53, 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

FSEAX vs. FELAX - Dividend Comparison

FSEAX's dividend yield for the trailing twelve months is around 0.21%, less than FELAX's 6.94% yield.


TTM20252024202320222021202020192018201720162015
FSEAX
Fidelity Emerging Asia Fund
0.21%0.22%0.00%0.08%0.00%14.14%14.10%6.15%3.44%0.05%1.26%0.44%
FELAX
Fidelity Advisor Semiconductors Fund Class A
6.94%6.96%7.02%3.40%3.32%4.34%4.51%1.00%20.15%9.67%0.36%10.71%

Drawdowns

FSEAX vs. FELAX - Drawdown Comparison

The maximum FSEAX drawdown since its inception was -65.59%, smaller than the maximum FELAX drawdown of -71.33%. Use the drawdown chart below to compare losses from any high point for FSEAX and FELAX.


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Drawdown Indicators


FSEAXFELAXDifference

Max Drawdown

Largest peak-to-trough decline

-65.59%

-71.33%

+5.74%

Max Drawdown (1Y)

Largest decline over 1 year

-13.42%

-17.10%

+3.68%

Max Drawdown (5Y)

Largest decline over 5 years

-53.64%

-46.15%

-7.49%

Max Drawdown (10Y)

Largest decline over 10 years

-58.07%

-46.15%

-11.92%

Current Drawdown

Current decline from peak

-13.42%

-14.66%

+1.24%

Average Drawdown

Average peak-to-trough decline

-24.80%

-22.02%

-2.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.71%

4.49%

-0.78%

Volatility

FSEAX vs. FELAX - Volatility Comparison

The current volatility for Fidelity Emerging Asia Fund (FSEAX) is 9.42%, while Fidelity Advisor Semiconductors Fund Class A (FELAX) has a volatility of 10.50%. This indicates that FSEAX experiences smaller price fluctuations and is considered to be less risky than FELAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSEAXFELAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.42%

10.50%

-1.08%

Volatility (6M)

Calculated over the trailing 6-month period

14.42%

24.76%

-10.34%

Volatility (1Y)

Calculated over the trailing 1-year period

20.22%

39.68%

-19.46%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.52%

37.96%

-15.44%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.75%

34.34%

-13.59%