JEMSX vs. FEDDX
Compare and contrast key facts about JPMorgan Emerging Markets Equity Fund Class I (JEMSX) and Fidelity Emerging Markets Discovery Fund (FEDDX).
JEMSX is managed by JPMorgan. FEDDX is managed by Fidelity. It was launched on Nov 1, 2011.
Performance
JEMSX vs. FEDDX - Performance Comparison
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JEMSX vs. FEDDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JEMSX JPMorgan Emerging Markets Equity Fund Class I | 5.91% | 40.13% | 3.39% | 7.21% | -25.77% | -10.36% | 34.73% | 31.96% | -16.02% | 42.49% |
FEDDX Fidelity Emerging Markets Discovery Fund | 7.29% | 31.90% | -3.68% | 20.76% | -11.83% | 6.65% | 16.96% | 19.60% | -18.90% | 36.59% |
Returns By Period
In the year-to-date period, JEMSX achieves a 5.91% return, which is significantly lower than FEDDX's 7.29% return. Both investments have delivered pretty close results over the past 10 years, with JEMSX having a 9.55% annualized return and FEDDX not far ahead at 9.85%.
JEMSX
- 1D
- 1.68%
- 1M
- -2.11%
- YTD
- 5.91%
- 6M
- 10.14%
- 1Y
- 42.04%
- 3Y*
- 16.13%
- 5Y*
- 1.87%
- 10Y*
- 9.55%
FEDDX
- 1D
- 1.08%
- 1M
- -1.53%
- YTD
- 7.29%
- 6M
- 13.21%
- 1Y
- 37.46%
- 3Y*
- 16.10%
- 5Y*
- 8.07%
- 10Y*
- 9.85%
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JEMSX vs. FEDDX - Expense Ratio Comparison
JEMSX has a 0.99% expense ratio, which is lower than FEDDX's 1.19% expense ratio.
Return for Risk
JEMSX vs. FEDDX — Risk / Return Rank
JEMSX
FEDDX
JEMSX vs. FEDDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Emerging Markets Equity Fund Class I (JEMSX) 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.
| JEMSX | FEDDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.13 | 2.66 | -0.54 |
Sortino ratioReturn per unit of downside risk | 2.74 | 3.30 | -0.56 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.51 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 3.41 | 3.96 | -0.54 |
Martin ratioReturn relative to average drawdown | 13.46 | 15.19 | -1.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| JEMSX | FEDDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.13 | 2.66 | -0.54 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.58 | -0.48 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.63 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.53 | -0.25 |
Correlation
The correlation between JEMSX and FEDDX is 0.84, 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
JEMSX vs. FEDDX - Dividend Comparison
JEMSX's dividend yield for the trailing twelve months is around 1.19%, less than FEDDX's 4.33% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JEMSX JPMorgan Emerging Markets Equity Fund Class I | 1.19% | 1.26% | 1.41% | 1.45% | 0.37% | 3.80% | 0.09% | 0.76% | 0.87% | 0.39% | 0.66% | 0.67% |
FEDDX Fidelity Emerging Markets Discovery Fund | 4.33% | 4.65% | 3.99% | 2.05% | 1.69% | 11.90% | 0.59% | 1.05% | 1.88% | 1.50% | 1.36% | 0.81% |
Drawdowns
JEMSX vs. FEDDX - Drawdown Comparison
The maximum JEMSX drawdown since its inception was -62.07%, which is greater than FEDDX's maximum drawdown of -42.95%. Use the drawdown chart below to compare losses from any high point for JEMSX and FEDDX.
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Drawdown Indicators
| JEMSX | FEDDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.07% | -42.95% | -19.12% |
Max Drawdown (1Y)Largest decline over 1 year | -12.57% | -9.54% | -3.03% |
Max Drawdown (5Y)Largest decline over 5 years | -44.92% | -27.45% | -17.47% |
Max Drawdown (10Y)Largest decline over 10 years | -49.59% | -42.95% | -6.64% |
Current DrawdownCurrent decline from peak | -8.28% | -6.83% | -1.45% |
Average DrawdownAverage peak-to-trough decline | -21.79% | -8.85% | -12.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.19% | 2.59% | +0.60% |
Volatility
JEMSX vs. FEDDX - Volatility Comparison
JPMorgan Emerging Markets Equity Fund Class I (JEMSX) has a higher volatility of 8.70% compared to Fidelity Emerging Markets Discovery Fund (FEDDX) at 5.88%. This indicates that JEMSX's price experiences larger fluctuations and is considered to be riskier than FEDDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JEMSX | FEDDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.70% | 5.88% | +2.82% |
Volatility (6M)Calculated over the trailing 6-month period | 14.80% | 9.94% | +4.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.97% | 14.45% | +5.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.91% | 14.00% | +4.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.25% | 15.66% | +3.59% |