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FDEM vs XNAV

Fidelity Emerging Markets Multifactor ETF vs FundX Aggressive ETF

FDEM

Fidelity Emerging Markets Multifactor ETF

Fidelity Investments

Annual cost

0.25%

Fund size

$508M

XNAV

FundX Aggressive ETF

Fund X

Annual cost

1.27%

Fund size

$31M

Key differences

  • FDEM costs 1.02% less per year.
  • FDEM is significantly larger than XNAV — larger funds tend to be more liquid and less likely to close.
  • FDEM is classified as equity, while XNAV is alternative — different risk/return profiles.
  • FDEM follows a index tracking strategy; XNAV uses active selection.
  • Over the last 3 years, XNAV has delivered higher annualized returns.
  • XNAV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FDEMXNAV
Annual cost (TER)0.25%1.27%
Fund size (AUM)$508M$31M
Since20192002
Dividend yield2.92%0.51%
Asset classequityalternative
Regionemerging markets
Strategyindex trackingactive selection
CAGR 1Y+42.5%+44.5%
CAGR 3Y+23.2%+25.0%
CAGR 5Y+9.9%N/A
Sharpe 3Y1.171.08
Volatility 1Y17.19%16.54%
Max drawdown-33.65%-24.27%

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

Similar to FDEM and XNAV