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 0.60, 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
FZAEX vs. EDIV - Performance Comparison
Key characteristics
FZAEX:
0.31
EDIV:
0.87
FZAEX:
0.60
EDIV:
1.37
FZAEX:
1.08
EDIV:
1.18
FZAEX:
0.24
EDIV:
0.94
FZAEX:
0.87
EDIV:
2.50
FZAEX:
7.38%
EDIV:
5.18%
FZAEX:
19.69%
EDIV:
14.04%
FZAEX:
-43.60%
EDIV:
-53.35%
FZAEX:
-15.32%
EDIV:
-1.27%
Returns By Period
The year-to-date returns for both investments are quite close, with FZAEX having a 6.51% return and EDIV slightly higher at 6.78%. Both investments have delivered pretty close results over the past 10 years, with FZAEX having a 4.53% annualized return and EDIV not far ahead at 4.63%.
FZAEX
6.51%
9.32%
0.39%
6.14%
7.23%
4.53%
EDIV
6.78%
9.72%
5.21%
12.07%
13.83%
4.63%
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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 1.28%, less than EDIV's 4.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZAEX Fidelity Advisor Focused Emerging Markets Fund Class Z | 1.28% | 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 | 4.01% | 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 4.68% compared to SPDR S&P Emerging Markets Dividend ETF (EDIV) at 3.87%. 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.