VEMRX vs. FEMKX
Compare and contrast key facts about Vanguard Emerging Markets Index Fund Institutional Plus Shares (VEMRX) and Fidelity Emerging Markets (FEMKX).
VEMRX is managed by Vanguard. It was launched on Dec 15, 2010. 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: VEMRX or FEMKX.
Key characteristics
| VEMRX | FEMKX | |
|---|---|---|
| YTD Return | 15.41% | 14.06% |
| 1Y Return | 23.49% | 23.20% |
| 3Y Return (Ann) | 0.30% | -3.16% |
| 5Y Return (Ann) | 4.86% | 6.37% |
| 10Y Return (Ann) | 4.03% | 6.54% |
| Sharpe Ratio | 1.78 | 1.46 |
| Sortino Ratio | 2.52 | 2.13 |
| Omega Ratio | 1.32 | 1.26 |
| Calmar Ratio | 0.92 | 0.74 |
| Martin Ratio | 9.63 | 7.24 |
| Ulcer Index | 2.34% | 3.11% |
| Daily Std Dev | 12.68% | 15.44% |
| Max Drawdown | -36.01% | -71.06% |
| Current Drawdown | -6.78% | -14.30% |
Correlation
The correlation between VEMRX and FEMKX 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.
Performance
VEMRX vs. FEMKX - Performance Comparison
In the year-to-date period, VEMRX achieves a 15.41% return, which is significantly higher than FEMKX's 14.06% return. Over the past 10 years, VEMRX has underperformed FEMKX with an annualized return of 4.03%, while FEMKX has yielded a comparatively higher 6.54% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VEMRX vs. FEMKX - Expense Ratio Comparison
VEMRX has a 0.08% expense ratio, which is lower than FEMKX's 0.88% expense ratio.
Risk-Adjusted Performance
VEMRX vs. FEMKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Index Fund Institutional Plus Shares (VEMRX) 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
VEMRX vs. FEMKX - Dividend Comparison
VEMRX's dividend yield for the trailing twelve months is around 2.57%, more than FEMKX's 0.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VEMRX Vanguard Emerging Markets Index Fund Institutional Plus Shares | 2.57% | 3.52% | 4.11% | 2.63% | 1.92% | 3.26% | 2.92% | 2.35% | 2.56% | 3.31% | 2.91% | 2.81% |
FEMKX Fidelity Emerging Markets | 0.97% | 1.11% | 0.77% | 1.06% | 0.20% | 1.71% | 0.81% | 0.49% | 0.67% | 0.51% | 1.24% | 0.08% |
Drawdowns
VEMRX vs. FEMKX - Drawdown Comparison
The maximum VEMRX drawdown since its inception was -36.01%, smaller than the maximum FEMKX drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for VEMRX and FEMKX. For additional features, visit the drawdowns tool.
Volatility
VEMRX vs. FEMKX - Volatility Comparison
The current volatility for Vanguard Emerging Markets Index Fund Institutional Plus Shares (VEMRX) is 4.17%, while Fidelity Emerging Markets (FEMKX) has a volatility of 4.82%. This indicates that VEMRX experiences smaller price fluctuations and is considered to be less risky than FEMKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.