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KF vs. FEMSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

KF vs. FEMSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Korea Fund Inc (KF) and Fidelity Series Emerging Markets Opportunities Fund (FEMSX). The values are adjusted to include any dividend payments, if applicable.

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KF vs. FEMSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
KF
The Korea Fund Inc
26.17%99.36%-19.29%12.34%-30.02%8.44%37.14%6.83%-19.26%42.50%
FEMSX
Fidelity Series Emerging Markets Opportunities Fund
5.44%37.92%7.84%14.23%-23.95%-5.14%24.72%28.87%-16.20%49.92%

Returns By Period

In the year-to-date period, KF achieves a 26.17% return, which is significantly higher than FEMSX's 5.44% return. Both investments have delivered pretty close results over the past 10 years, with KF having a 11.32% annualized return and FEMSX not far behind at 10.88%.


KF

1D
2.06%
1M
-16.48%
YTD
26.17%
6M
50.66%
1Y
129.88%
3Y*
29.32%
5Y*
9.73%
10Y*
11.32%

FEMSX

1D
3.55%
1M
-8.32%
YTD
5.44%
6M
10.54%
1Y
38.82%
3Y*
19.32%
5Y*
4.35%
10Y*
10.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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KF vs. FEMSX - Expense Ratio Comparison

KF has a 0.02% expense ratio, which is higher than FEMSX's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Return for Risk

KF vs. FEMSX — Risk / Return Rank

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

KF
KF Risk / Return Rank: 9898
Overall Rank
KF Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
KF Sortino Ratio Rank: 9797
Sortino Ratio Rank
KF Omega Ratio Rank: 9696
Omega Ratio Rank
KF Calmar Ratio Rank: 9898
Calmar Ratio Rank
KF Martin Ratio Rank: 9898
Martin Ratio Rank

FEMSX
FEMSX Risk / Return Rank: 9292
Overall Rank
FEMSX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
FEMSX Sortino Ratio Rank: 9191
Sortino Ratio Rank
FEMSX Omega Ratio Rank: 8989
Omega Ratio Rank
FEMSX Calmar Ratio Rank: 9292
Calmar Ratio Rank
FEMSX Martin Ratio Rank: 9292
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

KF vs. FEMSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Korea Fund Inc (KF) and Fidelity Series Emerging Markets Opportunities Fund (FEMSX). 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.


KFFEMSXDifference

Sharpe ratio

Return per unit of total volatility

3.90

2.08

+1.83

Sortino ratio

Return per unit of downside risk

4.07

2.68

+1.39

Omega ratio

Gain probability vs. loss probability

1.60

1.40

+0.19

Calmar ratio

Return relative to maximum drawdown

5.21

2.89

+2.32

Martin ratio

Return relative to average drawdown

22.23

11.41

+10.82

KF vs. FEMSX - Sharpe Ratio Comparison

The current KF Sharpe Ratio is 3.90, which is higher than the FEMSX Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of KF and FEMSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


KFFEMSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.90

2.08

+1.83

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.39

0.23

+0.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

0.57

-0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.07

0.50

-0.43

Correlation

The correlation between KF and FEMSX is 0.72, 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

KF vs. FEMSX - Dividend Comparison

KF's dividend yield for the trailing twelve months is around 0.95%, less than FEMSX's 2.32% yield.


TTM20252024202320222021202020192018201720162015
KF
The Korea Fund Inc
0.95%1.20%2.46%0.00%15.93%26.50%1.30%0.24%18.67%9.75%1.03%13.66%
FEMSX
Fidelity Series Emerging Markets Opportunities Fund
2.32%2.45%2.08%2.82%2.39%12.83%2.99%2.48%9.42%8.98%1.46%1.27%

Drawdowns

KF vs. FEMSX - Drawdown Comparison

The maximum KF drawdown since its inception was -94.60%, which is greater than FEMSX's maximum drawdown of -44.16%. Use the drawdown chart below to compare losses from any high point for KF and FEMSX.


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Drawdown Indicators


KFFEMSXDifference

Max Drawdown

Largest peak-to-trough decline

-94.60%

-44.16%

-50.44%

Max Drawdown (1Y)

Largest decline over 1 year

-25.42%

-13.42%

-12.00%

Max Drawdown (5Y)

Largest decline over 5 years

-47.62%

-41.64%

-5.98%

Max Drawdown (10Y)

Largest decline over 10 years

-52.91%

-44.16%

-8.75%

Current Drawdown

Current decline from peak

-59.40%

-10.35%

-49.05%

Average Drawdown

Average peak-to-trough decline

-60.91%

-13.52%

-47.39%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.96%

3.40%

+2.56%

Volatility

KF vs. FEMSX - Volatility Comparison

The Korea Fund Inc (KF) has a higher volatility of 17.51% compared to Fidelity Series Emerging Markets Opportunities Fund (FEMSX) at 10.41%. This indicates that KF's price experiences larger fluctuations and is considered to be riskier than FEMSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


KFFEMSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

17.51%

10.41%

+7.10%

Volatility (6M)

Calculated over the trailing 6-month period

28.23%

14.73%

+13.50%

Volatility (1Y)

Calculated over the trailing 1-year period

33.47%

19.16%

+14.31%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

25.00%

18.65%

+6.35%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

24.61%

19.13%

+5.48%