MXE vs. FLFAX

Last updated Apr 2, 2026

Compare and contrast key facts about Mexico Equity and Income Fund Inc (MXE) and Fidelity Advisor Latin America Fund Class A (FLFAX).

MXE is managed by Mexico Equity and Income Fund. It was launched on May 24, 1990. FLFAX is managed by Fidelity. It was launched on Sep 28, 2010.

Performance

MXE vs. FLFAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mexico Equity and Income Fund Inc (MXE) and Fidelity Advisor Latin America Fund Class A (FLFAX). The values are adjusted to include any dividend payments, if applicable.

MXE vs. FLFAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MXE Mexico Equity and Income Fund Inc	6.56%	57.14%	-25.74%	31.01%	-1.57%	-8.42%	-16.03%	16.39%	-1.84%	12.41%
FLFAX Fidelity Advisor Latin America Fund Class A	0.00%	0.00%	-19.27%	23.58%	1.05%	-15.81%	-20.81%	40.23%	-10.73%	30.08%

Returns By Period

MXE

• 1D: 2.26%
• 1M: -4.82%
• YTD: 6.56%
• 6M: 14.29%
• 1Y: 51.93%
• 3Y*: 12.41%
• 5Y*: 6.73%
• 10Y*: 2.65%

FLFAX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MXE vs. FLFAX - Expense Ratio Comparison

MXE has a 0.02% expense ratio, which is lower than FLFAX's 1.33% expense ratio.

FLFAX

Fidelity Advisor Latin America Fund Class A

MXE

Mexico Equity and Income Fund Inc

Return for Risk

MXE vs. FLFAX — Risk / Return Rank

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

MXE

MXE Risk / Return Rank: 95
MXE Sharpe Ratio Rank: 96
MXE Sortino Ratio Rank: 95
MXE Omega Ratio Rank: 92
MXE Calmar Ratio Rank: 96
MXE Martin Ratio Rank: 96

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.

MXE vs. FLFAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mexico Equity and Income Fund Inc (MXE) and Fidelity Advisor Latin America Fund Class A (FLFAX). 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.

	MXE	FLFAX	Difference
Sharpe ratio Return per unit of total volatility	2.47	—	—
Sortino ratio Return per unit of downside risk	3.15	—	—
Omega ratio Gain probability vs. loss probability	1.45	—	—
Calmar ratio Return relative to maximum drawdown	3.83	—	—
Martin ratio Return relative to average drawdown	15.52	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	MXE	FLFAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.47	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.34	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.13	—	—

Correlation

The correlation between MXE and FLFAX is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MXE vs. FLFAX - Dividend Comparison

MXE's dividend yield for the trailing twelve months is around 1.77%, while FLFAX has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MXE Mexico Equity and Income Fund Inc	1.77%	1.89%	3.71%	2.69%	0.00%	0.00%	0.00%	1.04%	0.01%	0.47%	0.00%	5.20%
FLFAX Fidelity Advisor Latin America Fund Class A	0.00%	0.00%	2.16%	3.91%	8.88%	2.44%	0.01%	2.03%	1.96%	1.18%	2.23%	1.86%

Drawdowns

Drawdown Indicators

	MXE	FLFAX	Difference
Max Drawdown Largest peak-to-trough decline	-91.12%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-14.14%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-42.10%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-52.04%	—	—
Current Drawdown Current decline from peak	-48.22%	—	—
Average Drawdown Average peak-to-trough decline	-50.70%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.49%	—	—

Volatility

Volatility by Period

	MXE	FLFAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	16.13%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	21.20%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.02%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.92%	—	—