REMVX vs. FPADX

Last updated Apr 2, 2026

Compare and contrast key facts about RBC Emerging Markets Value Equity Fund (REMVX) and Fidelity Emerging Markets Index Fund (FPADX).

REMVX is managed by RBC Global Asset Management.. It was launched on Feb 8, 2018. FPADX is managed by Fidelity. It was launched on Sep 8, 2011.

Performance

REMVX vs. FPADX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RBC Emerging Markets Value Equity Fund (REMVX) and Fidelity Emerging Markets Index Fund (FPADX). The values are adjusted to include any dividend payments, if applicable.

REMVX vs. FPADX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
REMVX RBC Emerging Markets Value Equity Fund	4.24%	47.31%	4.58%	11.03%	-16.99%	3.71%	18.03%	16.00%	-11.48%
FPADX Fidelity Emerging Markets Index Fund	3.44%	33.90%	6.80%	9.51%	-20.06%	-3.07%	17.84%	18.28%	-9.50%

Returns By Period

In the year-to-date period, REMVX achieves a 4.24% return, which is significantly higher than FPADX's 3.44% return.

REMVX

• 1D: 3.15%
• 1M: -10.27%
• YTD: 4.24%
• 6M: 13.05%
• 1Y: 43.84%
• 3Y*: 19.40%
• 5Y*: 7.18%
• 10Y*: —

FPADX

• 1D: 3.21%
• 1M: -8.18%
• YTD: 3.44%
• 6M: 7.16%
• 1Y: 32.67%
• 3Y*: 15.83%
• 5Y*: 3.78%
• 10Y*: 7.85%

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

REMVX vs. FPADX - Expense Ratio Comparison

REMVX has a 0.95% expense ratio, which is higher than FPADX's 0.08% expense ratio.

REMVX

RBC Emerging Markets Value Equity Fund

FPADX

Fidelity Emerging Markets Index Fund

Return for Risk

REMVX vs. FPADX — Risk / Return Rank

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

REMVX

REMVX Risk / Return Rank: 92
REMVX Sharpe Ratio Rank: 95
REMVX Sortino Ratio Rank: 93
REMVX Omega Ratio Rank: 92
REMVX Calmar Ratio Rank: 90
REMVX Martin Ratio Rank: 91

FPADX

FPADX Risk / Return Rank: 88
FPADX Sharpe Ratio Rank: 90
FPADX Sortino Ratio Rank: 88
FPADX Omega Ratio Rank: 86
FPADX Calmar Ratio Rank: 89
FPADX Martin Ratio Rank: 89

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.

REMVX vs. FPADX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RBC Emerging Markets Value Equity Fund (REMVX) 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.

	REMVX	FPADX	Difference
Sharpe ratio Return per unit of total volatility	2.35	1.88	+0.47
Sortino ratio Return per unit of downside risk	2.92	2.47	+0.45
Omega ratio Gain probability vs. loss probability	1.46	1.36	+0.09
Calmar ratio Return relative to maximum drawdown	2.72	2.47	+0.25
Martin ratio Return relative to average drawdown	11.14	9.85	+1.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

REMVX vs. FPADX - Sharpe Ratio Comparison

The current REMVX Sharpe Ratio is 2.35, which is comparable to the FPADX Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of REMVX and FPADX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	REMVX	FPADX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.35	1.88	+0.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.23	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.45	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.28	+0.15

Correlation

The correlation between REMVX and FPADX is 0.94, 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

REMVX vs. FPADX - Dividend Comparison

REMVX's dividend yield for the trailing twelve months is around 1.95%, less than FPADX's 2.28% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
REMVX RBC Emerging Markets Value Equity Fund	1.95%	2.03%	5.02%	4.02%	7.02%	13.30%	0.38%	3.82%	2.51%	0.00%	0.00%	0.00%
FPADX Fidelity Emerging Markets Index Fund	2.28%	2.35%	2.70%	2.68%	2.47%	2.14%	1.50%	2.59%	2.20%	0.12%	1.69%	2.47%

Drawdowns

REMVX vs. FPADX - Drawdown Comparison

The maximum REMVX drawdown since its inception was -36.92%, smaller than the maximum FPADX drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for REMVX and FPADX.

Drawdown Indicators

	REMVX	FPADX	Difference
Max Drawdown Largest peak-to-trough decline	-36.92%	-39.16%	+2.24%
Max Drawdown (1Y) Largest decline over 1 year	-15.08%	-13.28%	-1.80%
Max Drawdown (5Y) Largest decline over 5 years	-36.42%	-37.04%	+0.62%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.16%	—
Current Drawdown Current decline from peak	-12.41%	-10.50%	-1.91%
Average Drawdown Average peak-to-trough decline	-11.54%	-13.39%	+1.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.68%	3.33%	+0.35%

Volatility

REMVX vs. FPADX - Volatility Comparison

RBC Emerging Markets Value Equity Fund (REMVX) has a higher volatility of 10.22% compared to Fidelity Emerging Markets Index Fund (FPADX) at 9.56%. This indicates that REMVX's price experiences larger fluctuations and is considered to be riskier than FPADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	REMVX	FPADX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.22%	9.56%	+0.66%
Volatility (6M) Calculated over the trailing 6-month period	13.98%	13.61%	+0.37%
Volatility (1Y) Calculated over the trailing 1-year period	18.99%	17.83%	+1.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.57%	16.70%	+0.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.49%	17.63%	+1.86%