QLVE vs. FEMVX
Compare and contrast key facts about FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE) and Fidelity SAI Emerging Markets Value Index Fund (FEMVX).
QLVE is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust Emerging Markets Quality Low Volatility Index. It was launched on Jul 15, 2019. FEMVX is managed by Fidelity. It was launched on May 11, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QLVE or FEMVX.
Correlation
The correlation between QLVE and FEMVX is 0.91, 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.
Performance
QLVE vs. FEMVX - Performance Comparison
Key characteristics
QLVE:
1.13
FEMVX:
1.20
QLVE:
1.69
FEMVX:
1.70
QLVE:
1.20
FEMVX:
1.22
QLVE:
1.00
FEMVX:
1.62
QLVE:
2.79
FEMVX:
3.98
QLVE:
4.05%
FEMVX:
4.08%
QLVE:
10.03%
FEMVX:
13.58%
QLVE:
-29.96%
FEMVX:
-31.94%
QLVE:
-4.40%
FEMVX:
-2.62%
Returns By Period
In the year-to-date period, QLVE achieves a 3.87% return, which is significantly lower than FEMVX's 5.73% return.
QLVE
3.87%
3.11%
1.44%
10.58%
3.46%
N/A
FEMVX
5.73%
4.14%
2.02%
14.85%
N/A
N/A
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QLVE vs. FEMVX - Expense Ratio Comparison
QLVE has a 0.40% expense ratio, which is higher than FEMVX's 0.22% expense ratio.
Risk-Adjusted Performance
QLVE vs. FEMVX — Risk-Adjusted Performance Rank
QLVE
FEMVX
QLVE vs. FEMVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE) and Fidelity SAI Emerging Markets Value Index Fund (FEMVX). 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
QLVE vs. FEMVX - Dividend Comparison
QLVE's dividend yield for the trailing twelve months is around 2.99%, less than FEMVX's 3.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
QLVE FlexShares Emerging Markets Quality Low Volatility Index Fund | 2.99% | 3.11% | 3.00% | 2.48% | 2.57% | 1.66% | 1.27% |
FEMVX Fidelity SAI Emerging Markets Value Index Fund | 3.52% | 3.72% | 4.73% | 4.87% | 2.95% | 1.25% | 0.00% |
Drawdowns
QLVE vs. FEMVX - Drawdown Comparison
The maximum QLVE drawdown since its inception was -29.96%, smaller than the maximum FEMVX drawdown of -31.94%. Use the drawdown chart below to compare losses from any high point for QLVE and FEMVX. For additional features, visit the drawdowns tool.
Volatility
QLVE vs. FEMVX - Volatility Comparison
The current volatility for FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE) is 2.53%, while Fidelity SAI Emerging Markets Value Index Fund (FEMVX) has a volatility of 3.47%. This indicates that QLVE experiences smaller price fluctuations and is considered to be less risky than FEMVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.