VMMSX vs. FEMKX
Compare and contrast key facts about Vanguard Emerging Markets Select Stock Fund (VMMSX) and Fidelity Emerging Markets (FEMKX).
VMMSX is managed by Vanguard. It was launched on Jun 27, 2011. 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: VMMSX or FEMKX.
Key characteristics
| VMMSX | FEMKX | |
|---|---|---|
| YTD Return | 11.47% | 13.00% |
| 1Y Return | 18.83% | 20.86% |
| 3Y Return (Ann) | -1.39% | -3.76% |
| 5Y Return (Ann) | 4.38% | 6.41% |
| 10Y Return (Ann) | 4.20% | 6.41% |
| Sharpe Ratio | 1.23 | 1.43 |
| Sortino Ratio | 1.80 | 2.09 |
| Omega Ratio | 1.22 | 1.26 |
| Calmar Ratio | 0.74 | 0.74 |
| Martin Ratio | 5.73 | 7.08 |
| Ulcer Index | 3.41% | 3.11% |
| Daily Std Dev | 15.89% | 15.47% |
| Max Drawdown | -39.28% | -71.06% |
| Current Drawdown | -12.43% | -15.10% |
Correlation
The correlation between VMMSX and FEMKX is 0.93, 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
VMMSX vs. FEMKX - Performance Comparison
In the year-to-date period, VMMSX achieves a 11.47% return, which is significantly lower than FEMKX's 13.00% return. Over the past 10 years, VMMSX has underperformed FEMKX with an annualized return of 4.20%, while FEMKX has yielded a comparatively higher 6.41% 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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VMMSX vs. FEMKX - Expense Ratio Comparison
VMMSX has a 0.84% expense ratio, which is lower than FEMKX's 0.88% expense ratio.
Risk-Adjusted Performance
VMMSX vs. FEMKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Emerging Markets Select Stock Fund (VMMSX) 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
VMMSX vs. FEMKX - Dividend Comparison
VMMSX's dividend yield for the trailing twelve months is around 2.73%, more than FEMKX's 0.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMMSX Vanguard Emerging Markets Select Stock Fund | 2.73% | 3.04% | 3.71% | 1.99% | 1.04% | 2.04% | 2.53% | 1.54% | 1.44% | 1.87% | 1.39% | 1.32% |
FEMKX Fidelity Emerging Markets | 0.98% | 1.11% | 0.77% | 1.06% | 0.20% | 1.71% | 0.81% | 0.49% | 0.67% | 0.51% | 1.24% | 0.08% |
Drawdowns
VMMSX vs. FEMKX - Drawdown Comparison
The maximum VMMSX drawdown since its inception was -39.28%, smaller than the maximum FEMKX drawdown of -71.06%. Use the drawdown chart below to compare losses from any high point for VMMSX and FEMKX. For additional features, visit the drawdowns tool.
Volatility
VMMSX vs. FEMKX - Volatility Comparison
Vanguard Emerging Markets Select Stock Fund (VMMSX) has a higher volatility of 5.13% compared to Fidelity Emerging Markets (FEMKX) at 4.81%. This indicates that VMMSX's price experiences larger fluctuations and is considered to be riskier than FEMKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.