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

Key characteristics


FWWFXFPADX
YTD Return31.02%9.35%
1Y Return39.81%17.14%
3Y Return (Ann)5.83%-2.83%
5Y Return (Ann)14.89%3.25%
10Y Return (Ann)12.17%3.19%
Sharpe Ratio2.461.20
Sortino Ratio3.311.74
Omega Ratio1.451.22
Calmar Ratio2.560.58
Martin Ratio14.656.11
Ulcer Index2.74%2.78%
Daily Std Dev16.35%14.17%
Max Drawdown-55.76%-39.16%
Current Drawdown-0.97%-17.16%

Correlation

-0.50.00.51.00.7

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.

Performance

FWWFX vs. FPADX - Performance Comparison

In the year-to-date period, FWWFX achieves a 31.02% return, which is significantly higher than FPADX's 9.35% return. Over the past 10 years, FWWFX has outperformed FPADX with an annualized return of 12.17%, while FPADX has yielded a comparatively lower 3.19% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
9.10%
1.57%
FWWFX
FPADX

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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.


FWWFX
Fidelity Worldwide Fund
Expense ratio chart for FWWFX: current value at 1.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.00%
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%

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.


FWWFX
Sharpe ratio
The chart of Sharpe ratio for FWWFX, currently valued at 2.46, compared to the broader market0.002.004.002.46
Sortino ratio
The chart of Sortino ratio for FWWFX, currently valued at 3.31, compared to the broader market0.005.0010.003.31
Omega ratio
The chart of Omega ratio for FWWFX, currently valued at 1.45, compared to the broader market1.002.003.004.001.45
Calmar ratio
The chart of Calmar ratio for FWWFX, currently valued at 2.56, compared to the broader market0.005.0010.0015.0020.002.56
Martin ratio
The chart of Martin ratio for FWWFX, currently valued at 14.65, compared to the broader market0.0020.0040.0060.0080.00100.0014.65
FPADX
Sharpe ratio
The chart of Sharpe ratio for FPADX, currently valued at 1.20, compared to the broader market0.002.004.001.20
Sortino ratio
The chart of Sortino ratio for FPADX, currently valued at 1.74, compared to the broader market0.005.0010.001.74
Omega ratio
The chart of Omega ratio for FPADX, currently valued at 1.22, compared to the broader market1.002.003.004.001.22
Calmar ratio
The chart of Calmar ratio for FPADX, currently valued at 0.58, compared to the broader market0.005.0010.0015.0020.000.58
Martin ratio
The chart of Martin ratio for FPADX, currently valued at 6.11, compared to the broader market0.0020.0040.0060.0080.00100.006.11

FWWFX vs. FPADX - Sharpe Ratio Comparison

The current FWWFX Sharpe Ratio is 2.46, which is higher than the FPADX Sharpe Ratio of 1.20. The chart below compares the historical Sharpe Ratios of FWWFX and FPADX, 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 Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.46
1.20
FWWFX
FPADX

Dividends

FWWFX vs. FPADX - Dividend Comparison

FWWFX's dividend yield for the trailing twelve months is around 0.72%, less than FPADX's 2.45% yield.


TTM20232022202120202019201820172016201520142013
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
2.45%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.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.97%
-17.16%
FWWFX
FPADX

Volatility

FWWFX vs. FPADX - Volatility Comparison

The current volatility for Fidelity Worldwide Fund (FWWFX) is 4.34%, while Fidelity Emerging Markets Index Fund (FPADX) has a volatility of 4.86%. This indicates that FWWFX experiences smaller price fluctuations and is considered to be less risky than FPADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
4.34%
4.86%
FWWFX
FPADX