FZAEX vs. EDIV
Compare and contrast key facts about Fidelity Advisor Focused Emerging Markets Fund Class Z (FZAEX) and SPDR S&P Emerging Markets Dividend ETF (EDIV).
FZAEX is managed by Fidelity. It was launched on Aug 13, 2013. EDIV is a passively managed fund by State Street that tracks the performance of the S&P Emerging Markets Dividend Opportunities Index. It was launched on Feb 23, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZAEX or EDIV.
Correlation
The correlation between FZAEX and EDIV is 0.79, 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.
Performance
FZAEX vs. EDIV - Performance Comparison
Key characteristics
FZAEX:
0.40
EDIV:
0.93
FZAEX:
0.70
EDIV:
1.36
FZAEX:
1.09
EDIV:
1.19
FZAEX:
0.30
EDIV:
0.93
FZAEX:
1.12
EDIV:
2.54
FZAEX:
7.10%
EDIV:
5.08%
FZAEX:
19.79%
EDIV:
13.92%
FZAEX:
-43.60%
EDIV:
-53.35%
FZAEX:
-20.65%
EDIV:
-7.08%
Returns By Period
In the year-to-date period, FZAEX achieves a -0.20% return, which is significantly lower than EDIV's 0.49% return. Over the past 10 years, FZAEX has underperformed EDIV with an annualized return of 3.65%, while EDIV has yielded a comparatively higher 4.27% annualized return.
FZAEX
-0.20%
-9.58%
-8.55%
7.40%
6.74%
3.65%
EDIV
0.49%
-3.93%
-4.59%
11.41%
13.01%
4.27%
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FZAEX vs. EDIV - Expense Ratio Comparison
FZAEX has a 0.90% expense ratio, which is higher than EDIV's 0.49% expense ratio.
Risk-Adjusted Performance
FZAEX vs. EDIV — Risk-Adjusted Performance Rank
FZAEX
EDIV
FZAEX vs. EDIV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Focused Emerging Markets Fund Class Z (FZAEX) and SPDR S&P Emerging Markets Dividend ETF (EDIV). 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
FZAEX vs. EDIV - Dividend Comparison
FZAEX's dividend yield for the trailing twelve months is around 1.36%, less than EDIV's 4.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZAEX Fidelity Advisor Focused Emerging Markets Fund Class Z | 1.36% | 1.36% | 1.69% | 1.23% | 2.03% | 0.54% | 0.77% | 0.75% | 0.51% | 0.63% | 0.34% | 1.42% |
EDIV SPDR S&P Emerging Markets Dividend ETF | 4.26% | 3.94% | 4.26% | 4.94% | 3.84% | 3.52% | 3.83% | 3.41% | 2.99% | 4.93% | 5.33% | 4.84% |
Drawdowns
FZAEX vs. EDIV - Drawdown Comparison
The maximum FZAEX drawdown since its inception was -43.60%, smaller than the maximum EDIV drawdown of -53.35%. Use the drawdown chart below to compare losses from any high point for FZAEX and EDIV. For additional features, visit the drawdowns tool.
Volatility
FZAEX vs. EDIV - Volatility Comparison
Fidelity Advisor Focused Emerging Markets Fund Class Z (FZAEX) has a higher volatility of 10.62% compared to SPDR S&P Emerging Markets Dividend ETF (EDIV) at 8.16%. This indicates that FZAEX's price experiences larger fluctuations and is considered to be riskier than EDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.