FZAEX vs. VOO
Compare and contrast key facts about Fidelity Advisor Focused Emerging Markets Fund Class Z (FZAEX) and Vanguard S&P 500 ETF (VOO).
FZAEX is managed by Fidelity. It was launched on Aug 13, 2013. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Performance
FZAEX vs. VOO - Performance Comparison
Loading graphics...
FZAEX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FZAEX Fidelity Advisor Focused Emerging Markets Fund Class Z | 4.43% | 40.25% | 9.43% | 8.60% | -19.75% | -2.50% | 30.63% | 29.94% | -17.95% | 46.69% |
VOO Vanguard S&P 500 ETF | -3.66% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Returns By Period
In the year-to-date period, FZAEX achieves a 4.43% return, which is significantly higher than VOO's -3.66% return. Over the past 10 years, FZAEX has underperformed VOO with an annualized return of 10.89%, while VOO has yielded a comparatively higher 14.14% annualized return.
FZAEX
- 1D
- 3.46%
- 1M
- -8.80%
- YTD
- 4.43%
- 6M
- 9.44%
- 1Y
- 36.89%
- 3Y*
- 18.90%
- 5Y*
- 5.41%
- 10Y*
- 10.89%
VOO
- 1D
- 0.79%
- 1M
- -4.29%
- YTD
- -3.66%
- 6M
- -1.41%
- 1Y
- 18.17%
- 3Y*
- 18.58%
- 5Y*
- 11.93%
- 10Y*
- 14.14%
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. VOO - Expense Ratio Comparison
FZAEX has a 0.90% expense ratio, which is higher than VOO's 0.03% expense ratio.
Return for Risk
FZAEX vs. VOO — Risk / Return Rank
FZAEX
VOO
FZAEX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Focused Emerging Markets Fund Class Z (FZAEX) and Vanguard S&P 500 ETF (VOO). 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.
| FZAEX | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.05 | 1.01 | +1.05 |
Sortino ratioReturn per unit of downside risk | 2.58 | 1.53 | +1.05 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.23 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 2.69 | 1.55 | +1.13 |
Martin ratioReturn relative to average drawdown | 10.21 | 7.31 | +2.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FZAEX | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.05 | 1.01 | +1.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.71 | -0.42 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.59 | 0.79 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.83 | -0.34 |
Correlation
The correlation between FZAEX and VOO is 0.64, 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.
Dividends
FZAEX vs. VOO - Dividend Comparison
FZAEX's dividend yield for the trailing twelve months is around 1.58%, more than VOO's 1.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZAEX Fidelity Advisor Focused Emerging Markets Fund Class Z | 1.58% | 1.65% | 1.36% | 1.69% | 1.23% | 5.35% | 2.23% | 11.13% | 0.78% | 0.10% | 0.63% | 0.34% |
VOO Vanguard S&P 500 ETF | 1.18% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
FZAEX vs. VOO - Drawdown Comparison
The maximum FZAEX drawdown since its inception was -41.73%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FZAEX and VOO.
Loading graphics...
Drawdown Indicators
| FZAEX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.73% | -33.99% | -7.74% |
Max Drawdown (1Y)Largest decline over 1 year | -13.71% | -11.98% | -1.73% |
Max Drawdown (5Y)Largest decline over 5 years | -40.39% | -24.52% | -15.87% |
Max Drawdown (10Y)Largest decline over 10 years | -41.73% | -33.99% | -7.74% |
Current DrawdownCurrent decline from peak | -10.73% | -5.55% | -5.18% |
Average DrawdownAverage peak-to-trough decline | -12.53% | -3.72% | -8.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 2.55% | +1.05% |
Volatility
FZAEX vs. VOO - Volatility Comparison
Fidelity Advisor Focused Emerging Markets Fund Class Z (FZAEX) has a higher volatility of 9.38% compared to Vanguard S&P 500 ETF (VOO) at 5.34%. This indicates that FZAEX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FZAEX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.38% | 5.34% | +4.04% |
Volatility (6M)Calculated over the trailing 6-month period | 13.47% | 9.47% | +4.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.66% | 18.11% | +0.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.52% | 16.82% | +1.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.58% | 17.99% | +0.59% |