FSEAX vs. SPY
Compare and contrast key facts about Fidelity Emerging Asia Fund (FSEAX) and SPDR S&P 500 ETF (SPY).
FSEAX is managed by Fidelity. It was launched on Apr 19, 1993. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSEAX or SPY.
Performance
FSEAX vs. SPY - Performance Comparison
Returns By Period
In the year-to-date period, FSEAX achieves a 22.65% return, which is significantly lower than SPY's 24.40% return. Over the past 10 years, FSEAX has underperformed SPY with an annualized return of 4.77%, while SPY has yielded a comparatively higher 13.04% annualized return.
FSEAX
22.65%
-2.68%
8.50%
27.14%
1.64%
4.77%
SPY
24.40%
0.59%
11.33%
31.86%
15.23%
13.04%
Key characteristics
| FSEAX | SPY | |
|---|---|---|
| Sharpe Ratio | 1.49 | 2.64 |
| Sortino Ratio | 2.20 | 3.53 |
| Omega Ratio | 1.26 | 1.49 |
| Calmar Ratio | 0.50 | 3.81 |
| Martin Ratio | 8.28 | 17.21 |
| Ulcer Index | 3.16% | 1.86% |
| Daily Std Dev | 17.59% | 12.15% |
| Max Drawdown | -65.12% | -55.19% |
| Current Drawdown | -38.75% | -2.17% |
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FSEAX vs. SPY - Expense Ratio Comparison
FSEAX has a 1.02% expense ratio, which is higher than SPY's 0.09% expense ratio.
Correlation
The correlation between FSEAX and SPY is 0.42, 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.
Risk-Adjusted Performance
FSEAX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Emerging Asia Fund (FSEAX) and SPDR S&P 500 ETF (SPY). 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
FSEAX vs. SPY - Dividend Comparison
FSEAX's dividend yield for the trailing twelve months is around 0.06%, less than SPY's 1.20% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSEAX Fidelity Emerging Asia Fund | 0.06% | 0.08% | 0.00% | 0.17% | 0.00% | 0.72% | 1.06% | 0.82% | 1.09% | 0.44% | 0.90% | 1.26% |
SPY SPDR S&P 500 ETF | 1.20% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
FSEAX vs. SPY - Drawdown Comparison
The maximum FSEAX drawdown since its inception was -65.12%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FSEAX and SPY. For additional features, visit the drawdowns tool.
Volatility
FSEAX vs. SPY - Volatility Comparison
Fidelity Emerging Asia Fund (FSEAX) has a higher volatility of 5.10% compared to SPDR S&P 500 ETF (SPY) at 4.08%. This indicates that FSEAX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.