LVAZX vs. FPADX
Compare and contrast key facts about LSV Emerging Markets Equity Fund (LVAZX) and Fidelity Emerging Markets Index Fund (FPADX).
LVAZX is managed by LSV. It was launched on Jan 16, 2019. FPADX is managed by Fidelity. It was launched on Sep 8, 2011.
Performance
LVAZX vs. FPADX - Performance Comparison
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LVAZX vs. FPADX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LVAZX LSV Emerging Markets Equity Fund | 4.90% | 39.90% | 7.26% | 21.26% | -13.03% | 13.77% | 5.03% | 5.91% |
FPADX Fidelity Emerging Markets Index Fund | 0.22% | 33.90% | 6.80% | 9.51% | -20.06% | -3.07% | 17.84% | 10.41% |
Returns By Period
In the year-to-date period, LVAZX achieves a 4.90% return, which is significantly higher than FPADX's 0.22% return.
LVAZX
- 1D
- -0.91%
- 1M
- -11.10%
- YTD
- 4.90%
- 6M
- 12.29%
- 1Y
- 39.69%
- 3Y*
- 21.91%
- 5Y*
- 11.91%
- 10Y*
- —
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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LVAZX vs. FPADX - Expense Ratio Comparison
LVAZX has a 1.45% expense ratio, which is higher than FPADX's 0.08% expense ratio.
Return for Risk
LVAZX vs. FPADX — Risk / Return Rank
LVAZX
FPADX
LVAZX vs. FPADX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LSV Emerging Markets Equity Fund (LVAZX) 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.
| LVAZX | FPADX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.50 | 1.64 | +0.86 |
Sortino ratioReturn per unit of downside risk | 3.05 | 2.18 | +0.87 |
Omega ratioGain probability vs. loss probability | 1.48 | 1.32 | +0.16 |
Calmar ratioReturn relative to maximum drawdown | 3.15 | 1.98 | +1.17 |
Martin ratioReturn relative to average drawdown | 12.27 | 8.08 | +4.20 |
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
| LVAZX | FPADX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.50 | 1.64 | +0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 0.21 | +0.66 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.43 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.27 | +0.43 |
Correlation
The correlation between LVAZX and FPADX is 0.86, 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
LVAZX vs. FPADX - Dividend Comparison
LVAZX's dividend yield for the trailing twelve months is around 4.88%, more than FPADX's 2.35% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LVAZX LSV Emerging Markets Equity Fund | 4.88% | 5.12% | 1.39% | 4.58% | 3.14% | 8.50% | 2.54% | 2.99% | 0.00% | 0.00% | 0.00% | 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
LVAZX vs. FPADX - Drawdown Comparison
The maximum LVAZX drawdown since its inception was -37.87%, roughly equal to the maximum FPADX drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for LVAZX and FPADX.
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Drawdown Indicators
| LVAZX | FPADX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.87% | -39.16% | +1.29% |
Max Drawdown (1Y)Largest decline over 1 year | -11.70% | -13.28% | +1.58% |
Max Drawdown (5Y)Largest decline over 5 years | -27.07% | -37.04% | +9.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -39.16% | — |
Current DrawdownCurrent decline from peak | -11.44% | -13.28% | +1.84% |
Average DrawdownAverage peak-to-trough decline | -6.90% | -13.39% | +6.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.01% | 3.26% | -0.25% |
Volatility
LVAZX vs. FPADX - Volatility Comparison
The current volatility for LSV Emerging Markets Equity Fund (LVAZX) is 7.33%, while Fidelity Emerging Markets Index Fund (FPADX) has a volatility of 8.84%. This indicates that LVAZX experiences smaller price fluctuations and is considered to be less risky than FPADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LVAZX | FPADX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.33% | 8.84% | -1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 11.49% | 13.29% | -1.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.63% | 17.59% | -1.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.85% | 16.64% | -2.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.71% | 17.60% | -1.89% |