Alternatives in the same category

Fidelity MSCI Emerging Markets Index Fund P-ACC-EUR vs iShares MSCI China A

Fidelity MSCI Emerging Markets Index Fund P-ACC-EUR tracks MSCI Emerging Markets and iShares MSCI China A tracks MSCI China A. They are realistic alternatives for the same slot in a portfolio, but because the indices are different nobody can tell you in advance which will return more. What can be compared objectively is the cost, the replication method, the domicile and how each one is structured — and that is what this page does.

What each one tracks

This is the underlying difference: they do not follow the same index, so their returns will diverge.

Fidelity MSCI Emerging Markets Index Fund P-ACC-EUR

MSCI Emerging Markets

iShares MSCI China A

MSCI China A

Comparison

Fidelity MSCI Emerging Markets Index Fund P-ACC-EURiShares MSCI China A
IndexMSCI Emerging MarketsMSCI China A
TER0.19%0.40%
Hist. return*~6%~5%
ReplicationPhysicalPhysical
DistributionAccumulatingAccumulating
DomicileIrlandaIrlanda
CurrencyEURUSD
Risk4/75/7
ISINIE00BYX5M476IE00BQT3WG13

What the fee gap actually costs

Applying the SAME 7% gross return to both and contributing €300/month, the only thing moving the result is the TER. This is not a return forecast: it is how much the fee weighs.

HorizonFidelity MSCI Emerging Markets Index Fund P-ACC-EURiShares MSCI China ADifference
10 years€51,678€51,077€600
20 years€153,589€149,723€3,866
30 years€354,563€340,237€14,326

Fidelity MSCI Emerging Markets Index Fund P-ACC-EUR is the cheaper of the two. Remember they track different indices: cost is one factor, not the verdict.

Nobody can know which will perform better: they track different indices and past performance is not a prediction. What is objective today is the cost, the replication, the domicile and the distribution policy.

Fidelity

Fidelity MSCI Emerging Markets Index Fund P-ACC-EUR

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Frequently asked questions

What is the difference between Fidelity MSCI Emerging Markets Index Fund P-ACC-EUR and iShares MSCI China A?+

They track different indices: Fidelity MSCI Emerging Markets Index Fund P-ACC-EUR follows MSCI Emerging Markets and iShares MSCI China A follows MSCI China A. They also differ in cost (0.19% vs 0.40% TER), replication (physical vs physical) and domicile (Irlanda vs Irlanda).

Which one will perform better?+

Nobody can know that: they track different indices, so their returns will diverge, and past index performance is not a prediction. What you can control today is the cost, the tax structure and whether the index actually covers what you want exposure to.

Which one is cheaper?+

Fidelity MSCI Emerging Markets Index Fund P-ACC-EUR has the lower annual fee. Applying the same 7% gross return to both with €300/month, that fee gap alone is worth about €3,866 after 20 years — that part is arithmetic, not a forecast.

Accumulating or distributing?+

Both are accumulating, so on this point there is no difference between them.

Can I hold both?+

Yes. Unlike two funds tracking the identical index, these give you genuinely different exposure, so holding both is not automatically redundant — just be aware you may end up overlapping on the largest companies and doubling your rebalancing work.

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