JOEMX vs. FPADX
Compare and contrast key facts about JOHCM Emerging Markets Opportunities Fund (JOEMX) and Fidelity Emerging Markets Index Fund (FPADX).
JOEMX is managed by JOHCM Funds. It was launched on Nov 19, 2012. FPADX is managed by Fidelity. It was launched on Sep 8, 2011.
Performance
JOEMX vs. FPADX - Performance Comparison
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JOEMX vs. FPADX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JOEMX JOHCM Emerging Markets Opportunities Fund | -2.15% | 36.38% | 6.03% | 7.18% | -15.74% | 1.29% | 16.46% | 14.86% | -14.73% | 34.68% |
FPADX Fidelity Emerging Markets Index Fund | 0.22% | 33.90% | 6.80% | 9.51% | -20.06% | -3.07% | 17.84% | 18.28% | -14.65% | 35.16% |
Returns By Period
In the year-to-date period, JOEMX achieves a -2.15% return, which is significantly lower than FPADX's 0.22% return. Both investments have delivered pretty close results over the past 10 years, with JOEMX having a 7.73% annualized return and FPADX not far behind at 7.51%.
JOEMX
- 1D
- -0.75%
- 1M
- -14.73%
- YTD
- -2.15%
- 6M
- 3.10%
- 1Y
- 26.46%
- 3Y*
- 13.20%
- 5Y*
- 4.41%
- 10Y*
- 7.73%
FPADX
- 1D
- -0.87%
- 1M
- -12.34%
- YTD
- 0.22%
- 6M
- 4.75%
- 1Y
- 29.14%
- 3Y*
- 14.61%
- 5Y*
- 3.41%
- 10Y*
- 7.51%
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JOEMX vs. FPADX - Expense Ratio Comparison
JOEMX has a 1.02% expense ratio, which is higher than FPADX's 0.08% expense ratio.
Return for Risk
JOEMX vs. FPADX — Risk / Return Rank
JOEMX
FPADX
JOEMX vs. FPADX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JOHCM Emerging Markets Opportunities Fund (JOEMX) and Fidelity Emerging Markets Index Fund (FPADX). 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.
| JOEMX | FPADX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.26 | 1.64 | -0.38 |
Sortino ratioReturn per unit of downside risk | 1.70 | 2.18 | -0.48 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.32 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.77 | 1.98 | -0.21 |
Martin ratioReturn relative to average drawdown | 7.05 | 8.08 | -1.03 |
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
| JOEMX | FPADX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 1.64 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.21 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | 0.43 | +0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.27 | +0.01 |
Correlation
The correlation between JOEMX and FPADX is 0.87, 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
JOEMX vs. FPADX - Dividend Comparison
JOEMX's dividend yield for the trailing twelve months is around 4.11%, more than FPADX's 2.35% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JOEMX JOHCM Emerging Markets Opportunities Fund | 4.11% | 4.03% | 1.22% | 1.76% | 2.08% | 3.67% | 1.13% | 3.85% | 4.55% | 0.63% | 0.86% | 0.00% |
FPADX Fidelity Emerging Markets Index Fund | 2.35% | 2.35% | 2.70% | 2.68% | 2.47% | 2.14% | 1.50% | 2.59% | 2.20% | 0.12% | 1.69% | 2.47% |
Drawdowns
JOEMX vs. FPADX - Drawdown Comparison
The maximum JOEMX drawdown since its inception was -38.23%, roughly equal to the maximum FPADX drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for JOEMX and FPADX.
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Drawdown Indicators
| JOEMX | FPADX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.23% | -39.16% | +0.93% |
Max Drawdown (1Y)Largest decline over 1 year | -15.66% | -13.28% | -2.38% |
Max Drawdown (5Y)Largest decline over 5 years | -29.88% | -37.04% | +7.16% |
Max Drawdown (10Y)Largest decline over 10 years | -38.23% | -39.16% | +0.93% |
Current DrawdownCurrent decline from peak | -15.66% | -13.28% | -2.38% |
Average DrawdownAverage peak-to-trough decline | -11.67% | -13.39% | +1.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.94% | 3.26% | +0.68% |
Volatility
JOEMX vs. FPADX - Volatility Comparison
JOHCM Emerging Markets Opportunities Fund (JOEMX) and Fidelity Emerging Markets Index Fund (FPADX) have volatilities of 8.56% and 8.84%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JOEMX | FPADX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.56% | 8.84% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 13.56% | 13.29% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.15% | 17.59% | +1.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.26% | 16.64% | -0.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.95% | 17.60% | -0.65% |