FEQMX Performance — Fidelity Emerging Markets Fund, Class M
Data updated: 2026-09-23
FEQMX returned +15.93% year to date and +33.75% over one year to Jul 2026. Over one year the fund trailed its Emerging Markets Equity category average: $100 grew to $134, against $134 for the category. Volatility over the past 12 months was 22.34% a year. In the 12 months to Jul 2026 the fund lost a net $627K, and assets reached $10.85B.
FEQMX 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 | FEQMX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $134 | $134 |
| 3 years (Aug 2023 – Jul 2026) | $81 | $164 |
| 5 years (Aug 2021 – Jul 2026) | $29 | $143 |
| Since data start (Jun 2021 – Jul 2026) | $26 | $139 |
FEQMX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +15.93% |
| 1 year | +33.75% |
3- and 5-year figures withheld: returns differ from sibling classes.
FEQMX 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) | +15.93% |
| 2025 | +21.38% |
| 2024 | −30.47% |
| 2023 | −25.31% |
| 2022 | −52.96% |
| 2021 (Jun–Dec) | −25.52% |
FEQMX 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% | +3.1% | −8.4% | +14.0% | +6.8% | +1.6% | −7.1% | — | — | — | — | — |
| 2025 | −2.2% | −5.4% | −0.7% | +1.0% | +5.2% | +7.2% | +0.5% | +2.1% | +8.7% | +5.1% | −3.3% | +2.3% |
| 2024 | −6.7% | +1.9% | −0.7% | −5.6% | −0.6% | +0.9% | −4.4% | −3.5% | +0.3% | −6.1% | −5.8% | −5.0% |
| 2023 | +7.2% | −9.1% | −0.1% | −4.9% | −4.0% | +0.8% | +0.9% | −8.3% | −7.4% | −7.5% | +5.4% | −0.1% |
| 2022 | −7.7% | −9.6% | −7.2% | −11.2% | −2.9% | −9.3% | −2.3% | −4.3% | −15.1% | −7.4% | +13.8% | −7.1% |
| 2021 | — | — | — | — | — | −1.9% | −9.6% | −0.1% | −6.6% | −0.7% | −6.4% | −3.2% |
FEQMX Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 22.34%
- Best month: +14.03% (Apr 2026)
- Worst month: −8.37% (Mar 2026)
FEQMX 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 |
FEQMX 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.