FEMR vs IAF

Comparison between FIDELITY ENHANCED EMERGING MARKETS ETF (FEMR, ETF) and abrdn Australia Equity Fund Inc (IAF, ETF).

FEMR vs IAF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FEMR(ETF)	IAF(ETF)
Net Assets	$135M	$135M
Expense Ratio	0.38%	N/A
Max Drawdown	15.87%	83.73%
Sharpe Ratio	1.79	0.02
5Y Beta	0.87	0.74
5Y Dividends CAGR	N/A	1.98%

Net Assets

FEMR

$135M

Winner

IAF

$135M

Expense Ratio

FEMR

0.38%

IAF

N/A

Max Drawdown

Winner

FEMR

15.87%

IAF

83.73%

Sharpe Ratio

Winner

FEMR

1.79

IAF

0.02

5Y Beta

FEMR

0.87

Winner

IAF

0.74

5Y Dividends CAGR

FEMR

N/A

IAF

1.98%

FEMR vs IAF - Historical Returns

Returns include dividend reinvestment.

Period	FEMR	IAF
1 month	+3.79%	-1.29%
3 months	+21.54%	+0.34%
6 months	+33.35%	+2.19%
1 year	+51.84%	+2.28%
5 years(CAGR)	N/A	+1.51%
10 years(CAGR)	N/A	+8.24%
Max(CAGR)	+41.61%	+8.00%

Winner

FEMR

+3.79%

IAF

-1.29%

Winner

FEMR

+21.54%

IAF

+0.34%

Winner

FEMR

+33.35%

IAF

+2.19%

Winner

FEMR

+51.84%

IAF

+2.28%

5Y(CAGR)

FEMR

N/A

IAF

+1.51%

10Y(CAGR)

FEMR

N/A

IAF

+8.24%

Max(CAGR)

Winner

FEMR

+41.61%

IAF

+8.00%

FEMR vs IAF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	FEMR	IAF
2026	+25.96%	+1.09%
2025	+35.67%	+14.07%
2024	-1.49%	+8.06%
2023	N/A	+11.95%
2022	N/A	-19.23%
2021	N/A	+26.30%
2020	N/A	+11.14%
2019	N/A	+27.76%
2018	N/A	-16.70%
2017	N/A	+28.33%
2016	N/A	+14.33%
2015	N/A	-9.42%
2014	N/A	-9.81%
2013	N/A	-12.07%
2012	N/A	+23.34%
2011	N/A	-15.81%
2010	N/A	+4.62%
2009	N/A	+72.62%
2008	N/A	-53.84%
2007	N/A	+40.72%
2006	N/A	+21.65%
2005	N/A	+27.45%
2004	N/A	+41.09%
2003	N/A	+57.37%
2002	N/A	+10.82%
2001	N/A	+1.54%
2000	N/A	-15.88%
1999	N/A	-3.17%

FEMR vs IAF Drawdown Comparison

The maximum drawdown for FEMR was -15.58%, occurring on Apr 8, 2025. Recovery took 34 trading sessions.

The maximum drawdown for IAF was -67.63%, occurring on Nov 20, 2008. Recovery took 717 trading sessions.

The current FEMR drawdown is -4.71%. The current IAF drawdown is -9.59%.

Rank	FEMR	IAF
#1	-15.58% Mar 17, 2025 - May 5, 2025	-67.63% Jan 2, 2008 - Nov 4, 2010
#2	-14.46% Feb 25, 2026 - Apr 17, 2026	-45.13% Mar 15, 2013 - Jan 15, 2020
#3	-9.08% Jun 2, 2026 - Jun 10, 2026	-43.97% Jan 23, 2020 - Nov 16, 2020
#4	-7.27% Dec 9, 2024 - Feb 13, 2025	-33.95% Mar 30, 2022 - Jun 5, 2025
#5	-5.54% Oct 29, 2025 - Dec 29, 2025	-31.78% Jul 23, 2007 - Oct 12, 2007
#6	-5.41% May 11, 2026 - May 26, 2026	-28.94% Nov 22, 1999 - May 30, 2002
#7	-4.77% Feb 20, 2025 - Mar 17, 2025	-28.46% Nov 8, 2010 - Jan 14, 2013
#8	-4.49% Jan 28, 2026 - Feb 11, 2026	-21.64% Mar 21, 2005 - Aug 31, 2005
#9	-4.49% Oct 6, 2025 - Oct 20, 2025	-20.52% Feb 19, 2004 - Sep 27, 2004
#10	-3.47% Jul 23, 2025 - Aug 12, 2025	-17.53% Jun 3, 2002 - Apr 23, 2003
#11	-2.45% Jun 12, 2025 - Jun 24, 2025	-17.36% May 11, 2006 - Oct 25, 2006
#12	-1.89% Apr 22, 2026 - Apr 24, 2026	-16.20% Feb 11, 2026 - Mar 24, 2026
#13	-1.69% Aug 13, 2025 - Aug 22, 2025	-14.82% Jun 11, 2021 - Mar 24, 2022
#14	-1.68% Nov 25, 2024 - Dec 5, 2024	-14.21% Sep 20, 2005 - Dec 27, 2005
#15	-1.67% Apr 17, 2026 - Apr 22, 2026	-11.12% Oct 31, 2007 - Dec 24, 2007

Correlation

Correlation between FEMR and IAF is 0.77 which considered as a strong positive correlation - the stocks tend to move together.

0.77

-101

Dividend Comparison (2000 - 2026)

FEMR vs IAF dividend yield comparison.

Year	FEMR	IAF
2026	0.18%	5.80%
2025	1.92%	11.30%
2024	0.37%	11.69%
2023	0.00%	11.32%
2022	0.00%	12.53%
2021	0.00%	10.25%
2020	0.00%	9.68%
2019	0.00%	10.54%
2018	0.00%	13.26%
2017	0.00%	10.05%
2016	0.00%	11.99%
2015	0.00%	14.31%
2014	0.00%	12.97%
2013	0.00%	11.97%
2012	0.00%	9.96%
2011	0.00%	12.71%
2010	0.00%	8.93%
2009	0.00%	7.64%
2008	0.00%	21.41%
2007	0.00%	9.32%
2006	0.00%	10.10%
2005	0.00%	9.62%
2004	0.00%	8.07%
2003	0.00%	1.81%
2002	0.00%	2.88%
2001	0.00%	11.52%
2000	0.00%	13.59%