PCY vs. FEMKX
Compare and contrast key facts about Invesco Emerging Markets Sovereign Debt ETF (PCY) and Fidelity Emerging Markets (FEMKX).
PCY is a passively managed fund by Invesco that tracks the performance of the DB Emerging Market USD Liquid Balanced Index. It was launched on Oct 11, 2007. FEMKX is managed by Fidelity. It was launched on Nov 1, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PCY or FEMKX.
Correlation
The correlation between PCY and FEMKX is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PCY vs. FEMKX - Performance Comparison
Key characteristics
PCY:
0.38
FEMKX:
0.71
PCY:
0.57
FEMKX:
1.11
PCY:
1.07
FEMKX:
1.13
PCY:
0.20
FEMKX:
0.39
PCY:
1.58
FEMKX:
2.95
PCY:
2.32%
FEMKX:
3.74%
PCY:
9.74%
FEMKX:
15.51%
PCY:
-49.14%
FEMKX:
-71.06%
PCY:
-11.80%
FEMKX:
-18.82%
Returns By Period
In the year-to-date period, PCY achieves a 3.52% return, which is significantly lower than FEMKX's 8.05% return. Over the past 10 years, PCY has underperformed FEMKX with an annualized return of 2.02%, while FEMKX has yielded a comparatively higher 6.25% annualized return.
PCY
3.52%
-1.32%
1.76%
3.37%
-1.81%
2.02%
FEMKX
8.05%
-1.85%
-2.35%
9.52%
4.01%
6.25%
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PCY vs. FEMKX - Expense Ratio Comparison
PCY has a 0.50% expense ratio, which is lower than FEMKX's 0.88% expense ratio.
Risk-Adjusted Performance
PCY vs. FEMKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Emerging Markets Sovereign Debt ETF (PCY) and Fidelity Emerging Markets (FEMKX). 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.
Dividends
PCY vs. FEMKX - Dividend Comparison
PCY's dividend yield for the trailing twelve months is around 6.00%, more than FEMKX's 0.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PCY Invesco Emerging Markets Sovereign Debt ETF | 6.00% | 6.48% | 6.81% | 4.80% | 4.45% | 4.79% | 4.93% | 4.80% | 5.20% | 5.46% | 4.58% | 4.69% |
FEMKX Fidelity Emerging Markets | 0.05% | 1.11% | 0.77% | 1.06% | 0.20% | 1.71% | 0.81% | 0.49% | 0.67% | 0.51% | 1.24% | 0.08% |
Drawdowns
PCY vs. FEMKX - Drawdown Comparison
The maximum PCY drawdown since its inception was -49.14%, smaller than the maximum FEMKX drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for PCY and FEMKX. For additional features, visit the drawdowns tool.
Volatility
PCY vs. FEMKX - Volatility Comparison
Invesco Emerging Markets Sovereign Debt ETF (PCY) and Fidelity Emerging Markets (FEMKX) have volatilities of 3.29% and 3.40%, 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.