FWWFX vs. FPADX
Compare and contrast key facts about Fidelity Worldwide Fund (FWWFX) and Fidelity Emerging Markets Index Fund (FPADX).
FWWFX is managed by Fidelity. It was launched on May 30, 1990. FPADX is managed by Fidelity. It was launched on Sep 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FWWFX or FPADX.
Performance
FWWFX vs. FPADX - Performance Comparison
Returns By Period
In the year-to-date period, FWWFX achieves a 30.76% return, which is significantly higher than FPADX's 8.36% return. Over the past 10 years, FWWFX has outperformed FPADX with an annualized return of 11.99%, while FPADX has yielded a comparatively lower 2.93% annualized return.
FWWFX
30.76%
2.70%
7.70%
35.84%
14.77%
11.99%
FPADX
8.36%
-4.14%
1.30%
12.68%
2.96%
2.93%
Key characteristics
| FWWFX | FPADX | |
|---|---|---|
| Sharpe Ratio | 2.19 | 0.90 |
| Sortino Ratio | 2.98 | 1.34 |
| Omega Ratio | 1.40 | 1.17 |
| Calmar Ratio | 2.50 | 0.44 |
| Martin Ratio | 12.90 | 4.05 |
| Ulcer Index | 2.78% | 3.13% |
| Daily Std Dev | 16.35% | 14.02% |
| Max Drawdown | -55.76% | -39.16% |
| Current Drawdown | -1.17% | -17.92% |
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FWWFX vs. FPADX - Expense Ratio Comparison
FWWFX has a 1.00% expense ratio, which is higher than FPADX's 0.08% expense ratio.
Correlation
The correlation between FWWFX and FPADX is 0.70, 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
FWWFX vs. FPADX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Worldwide Fund (FWWFX) and Fidelity Emerging Markets Index Fund (FPADX). 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
FWWFX vs. FPADX - Dividend Comparison
FWWFX's dividend yield for the trailing twelve months is around 0.72%, less than FPADX's 2.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FWWFX Fidelity Worldwide Fund | 0.72% | 0.94% | 0.84% | 0.45% | 0.05% | 0.63% | 0.37% | 0.66% | 0.90% | 4.60% | 11.54% | 8.74% |
FPADX Fidelity Emerging Markets Index Fund | 2.47% | 2.68% | 2.47% | 2.14% | 1.50% | 2.59% | 2.20% | 1.76% | 1.69% | 2.47% | 2.03% | 2.15% |
Drawdowns
FWWFX vs. FPADX - Drawdown Comparison
The maximum FWWFX drawdown since its inception was -55.76%, which is greater than FPADX's maximum drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for FWWFX and FPADX. For additional features, visit the drawdowns tool.
Volatility
FWWFX vs. FPADX - Volatility Comparison
Fidelity Worldwide Fund (FWWFX) and Fidelity Emerging Markets Index Fund (FPADX) have volatilities of 4.52% and 4.45%, 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.