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FDEM vs FENI

Fidelity Emerging Markets Multifactor ETF vs Fidelity Enhanced International ETF

FDEM

Fidelity Emerging Markets Multifactor ETF

Fidelity Investments

Annual cost

0.25%

Fund size

$508M

FENI

Fidelity Enhanced International ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$9.1B

Key differences

  • FENI is significantly larger than FDEM — larger funds tend to be more liquid and less likely to close.
  • FDEM covers emerging markets markets; FENI covers europe.
  • FDEM follows a index tracking strategy; FENI uses active selection.
  • FENI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDEMFENI
Annual cost (TER)0.25%0.28%
Fund size (AUM)$508M$9.1B
Since20192007
Dividend yield2.92%2.93%
Asset classequityequity
Regionemerging marketseurope
Strategyindex trackingactive selection
CAGR 1Y+38.4%+28.3%
CAGR 3Y+21.7%N/A
CAGR 5Y+9.3%N/A
Sharpe 3Y1.10N/A
Volatility 1Y16.92%15.57%
Max drawdown-33.65%-14.20%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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