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:
0.79
EDIV:
1.39
FZAEX:
1.22
EDIV:
2.02
FZAEX:
1.15
EDIV:
1.25
FZAEX:
0.40
EDIV:
1.85
FZAEX:
2.63
EDIV:
5.01
FZAEX:
4.92%
EDIV:
3.40%
FZAEX:
16.44%
EDIV:
12.26%
FZAEX:
-43.60%
EDIV:
-53.36%
FZAEX:
-20.40%
EDIV:
-8.19%
Returns By Period
In the year-to-date period, FZAEX achieves a 9.56% return, which is significantly lower than EDIV's 11.94% return. Both investments have delivered pretty close results over the past 10 years, with FZAEX having a 4.30% annualized return and EDIV not far ahead at 4.46%.
FZAEX
9.56%
-2.17%
0.23%
11.40%
3.16%
4.30%
EDIV
11.94%
-1.26%
1.16%
14.98%
6.32%
4.46%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 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 0.04%, less than EDIV's 3.47% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZAEX Fidelity Advisor Focused Emerging Markets Fund Class Z | 0.04% | 1.69% | 1.23% | 2.03% | 0.54% | 0.77% | 0.75% | 0.51% | 0.63% | 0.34% | 1.42% | 1.49% |
EDIV SPDR S&P Emerging Markets Dividend ETF | 3.47% | 4.26% | 4.94% | 3.84% | 3.52% | 3.83% | 3.41% | 2.99% | 4.93% | 5.33% | 4.84% | 5.13% |
Drawdowns
FZAEX vs. EDIV - Drawdown Comparison
The maximum FZAEX drawdown since its inception was -43.60%, smaller than the maximum EDIV drawdown of -53.36%. 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 3.49% compared to SPDR S&P Emerging Markets Dividend ETF (EDIV) at 2.78%. 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.