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FDEV vs FENI

Fidelity International Multifactor ETF vs Fidelity Enhanced International ETF

FDEV

Fidelity International Multifactor ETF

Fidelity Investments

Annual cost

0.18%

Fund size

$271M

FENI

Fidelity Enhanced International ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$9.1B

Key differences

  • FDEV costs 0.10% less per year.
  • FENI is significantly larger than FDEV — larger funds tend to be more liquid and less likely to close.
  • FDEV covers global markets; FENI covers europe.
  • FDEV 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

FDEVFENI
Annual cost (TER)0.18%0.28%
Fund size (AUM)$271M$9.1B
Since20192007
Dividend yield2.75%2.93%
Asset classequityequity
Regionglobaleurope
Strategyindex trackingactive selection
CAGR 1Y+19.6%+28.3%
CAGR 3Y+14.9%N/A
CAGR 5Y+7.9%N/A
Sharpe 3Y0.88N/A
Volatility 1Y11.93%15.57%
Max drawdown-30.11%-14.20%

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

Similar to FDEV and FENI