GQGPX vs. FEDDX
Compare and contrast key facts about GQG Partners Emerging Markets Equity Fund (GQGPX) and Fidelity Emerging Markets Discovery Fund (FEDDX).
GQGPX is managed by GQG Partners Inc. It was launched on Dec 27, 2016. FEDDX is managed by Fidelity. It was launched on Nov 1, 2011.
Performance
GQGPX vs. FEDDX - Performance Comparison
Loading graphics...
GQGPX vs. FEDDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GQGPX GQG Partners Emerging Markets Equity Fund | 2.09% | 9.67% | 6.00% | 28.47% | -21.01% | -2.52% | 33.74% | 20.92% | -14.91% | 29.81% |
FEDDX Fidelity Emerging Markets Discovery Fund | 6.15% | 31.90% | -3.68% | 20.76% | -11.83% | 6.65% | 16.96% | 19.60% | -18.90% | 35.52% |
Returns By Period
In the year-to-date period, GQGPX achieves a 2.09% return, which is significantly lower than FEDDX's 6.15% return.
GQGPX
- 1D
- 1.63%
- 1M
- -4.69%
- YTD
- 2.09%
- 6M
- 5.19%
- 1Y
- 12.31%
- 3Y*
- 13.93%
- 5Y*
- 3.16%
- 10Y*
- —
FEDDX
- 1D
- 1.90%
- 1M
- -6.08%
- YTD
- 6.15%
- 6M
- 11.77%
- 1Y
- 36.78%
- 3Y*
- 15.69%
- 5Y*
- 7.84%
- 10Y*
- 9.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GQGPX vs. FEDDX - Expense Ratio Comparison
GQGPX has a 1.22% expense ratio, which is higher than FEDDX's 1.19% expense ratio.
Return for Risk
GQGPX vs. FEDDX — Risk / Return Rank
GQGPX
FEDDX
GQGPX vs. FEDDX - Risk-Adjusted Trends 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.
| GQGPX | FEDDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 2.64 | -1.64 |
Sortino ratioReturn per unit of downside risk | 1.41 | 3.27 | -1.86 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.50 | -0.32 |
Calmar ratioReturn relative to maximum drawdown | 1.34 | 3.69 | -2.35 |
Martin ratioReturn relative to average drawdown | 4.62 | 14.37 | -9.74 |
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
| GQGPX | FEDDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 2.64 | -1.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.56 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.62 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.52 | 0.00 |
Correlation
The correlation between GQGPX and FEDDX is 0.80, 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.
Dividends
GQGPX vs. FEDDX - Dividend Comparison
GQGPX's dividend yield for the trailing twelve months is around 1.88%, less than FEDDX's 4.38% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GQGPX GQG Partners Emerging Markets Equity Fund | 1.88% | 1.91% | 1.50% | 2.54% | 5.52% | 3.78% | 0.15% | 1.06% | 0.59% | 0.17% | 0.00% | 0.00% |
FEDDX Fidelity Emerging Markets Discovery Fund | 4.38% | 4.65% | 3.99% | 2.05% | 1.69% | 11.90% | 0.59% | 1.05% | 1.88% | 1.50% | 1.36% | 0.81% |
Drawdowns
GQGPX vs. FEDDX - Drawdown Comparison
The maximum GQGPX drawdown since its inception was -33.68%, smaller than the maximum FEDDX drawdown of -42.95%. Use the drawdown chart below to compare losses from any high point for GQGPX and FEDDX.
Loading graphics...
Drawdown Indicators
| GQGPX | FEDDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.68% | -42.95% | +9.27% |
Max Drawdown (1Y)Largest decline over 1 year | -9.12% | -9.94% | +0.82% |
Max Drawdown (5Y)Largest decline over 5 years | -30.02% | -27.45% | -2.57% |
Max Drawdown (10Y)Largest decline over 10 years | — | -42.95% | — |
Current DrawdownCurrent decline from peak | -7.43% | -7.82% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -11.70% | -8.86% | -2.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 2.55% | +0.10% |
Volatility
GQGPX vs. FEDDX - Volatility Comparison
The current volatility for GQG Partners Emerging Markets Equity Fund (GQGPX) is 5.92%, while Fidelity Emerging Markets Discovery Fund (FEDDX) has a volatility of 6.76%. 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.
Loading graphics...
Volatility by Period
| GQGPX | FEDDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.92% | 6.76% | -0.84% |
Volatility (6M)Calculated over the trailing 6-month period | 9.00% | 9.89% | -0.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.53% | 14.45% | -1.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.73% | 14.00% | +0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.99% | 15.66% | +0.33% |