FEDMX Performance — Fidelity Emerging Markets Fund, Class A
Data updated: 2026-09-23
FEDMX returned +16.10% year to date and +34.07% over one year to Jul 2026. Over one year the fund beat its Emerging Markets Equity category average: $100 grew to $134, against $134 for the category. Volatility over the past 12 months was 22.36% a year. In the 12 months to Jul 2026 the fund lost a net $627K, and assets reached $10.85B.
FEDMX Growth of $100
What $100 invested in Fidelity Emerging Markets Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | FEDMX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $134 | $134 |
| 3 years (Aug 2023 – Jul 2026) | $52 | $164 |
| 5 years (Aug 2021 – Jul 2026) | $11 | $143 |
| Since data start (Jun 2021 – Jul 2026) | $9 | $139 |
FEDMX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +16.10% |
| 1 year | +34.07% |
3- and 5-year figures withheld: returns differ from sibling classes.
FEDMX Annual Returns
Calendar-year total returns of Fidelity Emerging Markets Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +16.10% |
| 2025 | +16.07% |
| 2024 | −47.48% |
| 2023 | −43.59% |
| 2022 | −64.47% |
| 2021 (Jun–Dec) | −36.76% |
FEDMX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.7% | +3.2% | −8.3% | +14.1% | +6.8% | +1.6% | −7.0% | — | — | — | — | — |
| 2025 | −4.5% | −7.5% | −0.7% | +1.0% | +5.3% | +7.2% | +0.5% | +2.2% | +8.7% | +5.1% | −3.3% | +2.3% |
| 2024 | −8.8% | −0.5% | −3.0% | −7.8% | −2.9% | −1.4% | −6.6% | −5.7% | −2.1% | −8.3% | −8.0% | −7.2% |
| 2023 | +4.7% | −11.2% | −2.5% | −7.1% | −6.3% | −1.5% | −1.5% | −10.4% | −9.6% | −9.6% | +2.9% | −2.4% |
| 2022 | −9.8% | −11.7% | −9.4% | −13.2% | −5.1% | −11.4% | −4.5% | −6.5% | −17.1% | −9.6% | +11.1% | −9.3% |
| 2021 | — | — | — | — | — | −4.2% | −11.6% | −2.4% | −8.8% | −2.9% | −8.6% | −5.4% |
FEDMX Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 22.36%
- Best month: +14.07% (Apr 2026)
- Worst month: −8.35% (Mar 2026)
FEDMX Fund Flows
Monthly money in and out of Fidelity Emerging Markets Fund, from SEC Form N-PORT.
- 12-month net flow: −$627K
- 12-month gross sales (incl. reinvestments): $2.7B
- Sales ÷ redemptions: 1.00×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $239.8M | $227.6M | $12.2M |
| Jun 2026 | $270.5M | $286.2M | −$15.6M |
| May 2026 | $207.6M | $221.3M | −$13.7M |
| Apr 2026 | $243.9M | $191.4M | $52.5M |
| Mar 2026 | $254.4M | $266.3M | −$11.9M |
| Feb 2026 | $297.8M | $189.6M | $108.2M |
| Jan 2026 | $309.5M | $312.8M | −$3.3M |
| Dec 2025 | $213.3M | $199.0M | $14.3M |
| Nov 2025 | $161.1M | $144.7M | $16.5M |
| Oct 2025 | $198.9M | $375.2M | −$176.3M |
| Sep 2025 | $164.3M | $153.4M | $10.9M |
| Aug 2025 | $156.1M | $150.5M | $5.7M |
FEDMX Assets Under Management
Net assets of Fidelity Emerging Markets Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $10.85B |
| 2026-04-30 | $10.76B |
| 2026-01-31 | $9.82B |
| 2025-10-31 | $9.27B |
| 2025-07-31 | $8.08B |
| 2025-04-30 | $6.93B |
| 2025-01-31 | $7.45B |
| 2024-10-31 | $8.95B |
| 2024-07-31 | $9.73B |
| 2024-04-30 | $8.86B |
| 2024-01-31 | $7.79B |
| 2023-10-31 | $6.83B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.