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GQGPX vs. FEDDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GQGPX and FEDDX 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.


-0.50.00.51.0
Correlation: 0.6

Performance

GQGPX vs. FEDDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GQG Partners Emerging Markets Equity Fund (GQGPX) and Fidelity Emerging Markets Discovery Fund (FEDDX). The values are adjusted to include any dividend payments, if applicable.

40.00%50.00%60.00%70.00%80.00%90.00%100.00%NovemberDecember2025FebruaryMarchApril
87.81%
59.20%
GQGPX
FEDDX

Key characteristics

Sharpe Ratio

GQGPX:

-0.24

FEDDX:

0.10

Sortino Ratio

GQGPX:

-0.20

FEDDX:

0.24

Omega Ratio

GQGPX:

0.97

FEDDX:

1.03

Calmar Ratio

GQGPX:

-0.22

FEDDX:

0.08

Martin Ratio

GQGPX:

-0.46

FEDDX:

0.22

Ulcer Index

GQGPX:

9.00%

FEDDX:

6.96%

Daily Std Dev

GQGPX:

17.39%

FEDDX:

14.99%

Max Drawdown

GQGPX:

-34.66%

FEDDX:

-42.98%

Current Drawdown

GQGPX:

-12.77%

FEDDX:

-10.41%

Returns By Period

In the year-to-date period, GQGPX achieves a -1.09% return, which is significantly lower than FEDDX's 3.54% return.


GQGPX

YTD

-1.09%

1M

-0.85%

6M

-5.54%

1Y

-5.54%

5Y*

9.43%

10Y*

N/A

FEDDX

YTD

3.54%

1M

1.09%

6M

-2.58%

1Y

-0.45%

5Y*

9.22%

10Y*

3.85%

*Annualized

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GQGPX vs. FEDDX - Expense Ratio Comparison

GQGPX has a 1.22% expense ratio, which is higher than FEDDX's 1.19% expense ratio.


Expense ratio chart for GQGPX: current value is 1.22%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GQGPX: 1.22%
Expense ratio chart for FEDDX: current value is 1.19%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FEDDX: 1.19%

Risk-Adjusted Performance

GQGPX vs. FEDDX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GQGPX
The Risk-Adjusted Performance Rank of GQGPX is 1212
Overall Rank
The Sharpe Ratio Rank of GQGPX is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of GQGPX is 1212
Sortino Ratio Rank
The Omega Ratio Rank of GQGPX is 1111
Omega Ratio Rank
The Calmar Ratio Rank of GQGPX is 99
Calmar Ratio Rank
The Martin Ratio Rank of GQGPX is 1414
Martin Ratio Rank

FEDDX
The Risk-Adjusted Performance Rank of FEDDX is 2929
Overall Rank
The Sharpe Ratio Rank of FEDDX is 2929
Sharpe Ratio Rank
The Sortino Ratio Rank of FEDDX is 2929
Sortino Ratio Rank
The Omega Ratio Rank of FEDDX is 2727
Omega Ratio Rank
The Calmar Ratio Rank of FEDDX is 3030
Calmar Ratio Rank
The Martin Ratio Rank of FEDDX is 2828
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GQGPX vs. FEDDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for GQG Partners Emerging Markets Equity Fund (GQGPX) and Fidelity Emerging Markets Discovery Fund (FEDDX). 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.


The chart of Sharpe ratio for GQGPX, currently valued at -0.24, compared to the broader market-1.000.001.002.003.00
GQGPX: -0.24
FEDDX: 0.10
The chart of Sortino ratio for GQGPX, currently valued at -0.20, compared to the broader market-2.000.002.004.006.008.00
GQGPX: -0.20
FEDDX: 0.24
The chart of Omega ratio for GQGPX, currently valued at 0.97, compared to the broader market0.501.001.502.002.503.00
GQGPX: 0.97
FEDDX: 1.03
The chart of Calmar ratio for GQGPX, currently valued at -0.22, compared to the broader market0.002.004.006.008.0010.00
GQGPX: -0.22
FEDDX: 0.08
The chart of Martin ratio for GQGPX, currently valued at -0.46, compared to the broader market0.0010.0020.0030.0040.0050.00
GQGPX: -0.46
FEDDX: 0.22

The current GQGPX Sharpe Ratio is -0.24, which is lower than the FEDDX Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of GQGPX and FEDDX, 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 Ratio-1.00-0.500.000.501.001.502.00NovemberDecember2025FebruaryMarchApril
-0.24
0.10
GQGPX
FEDDX

Dividends

GQGPX vs. FEDDX - Dividend Comparison

GQGPX's dividend yield for the trailing twelve months is around 1.51%, less than FEDDX's 3.85% yield.


TTM2024202320222021202020192018201720162015
GQGPX
GQG Partners Emerging Markets Equity Fund
1.51%1.50%2.53%5.52%2.27%0.15%2.39%0.59%0.17%0.00%0.00%
FEDDX
Fidelity Emerging Markets Discovery Fund
3.85%3.99%2.05%1.69%2.59%0.59%1.05%1.82%0.74%0.80%0.81%

Drawdowns

GQGPX vs. FEDDX - Drawdown Comparison

The maximum GQGPX drawdown since its inception was -34.66%, smaller than the maximum FEDDX drawdown of -42.98%. Use the drawdown chart below to compare losses from any high point for GQGPX and FEDDX. For additional features, visit the drawdowns tool.


-20.00%-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%NovemberDecember2025FebruaryMarchApril
-12.77%
-10.41%
GQGPX
FEDDX

Volatility

GQGPX vs. FEDDX - Volatility Comparison

The current volatility for GQG Partners Emerging Markets Equity Fund (GQGPX) is 7.02%, while Fidelity Emerging Markets Discovery Fund (FEDDX) has a volatility of 8.55%. This indicates that GQGPX experiences smaller price fluctuations and is considered to be less risky than FEDDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%9.00%NovemberDecember2025FebruaryMarchApril
7.02%
8.55%
GQGPX
FEDDX