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FENI vs FDEM

Fidelity Enhanced International ETF vs Fidelity Emerging Markets Multifactor ETF

FENI

Fidelity Enhanced International ETF

Fidelity Investments

Annual cost

0.28%

Fund size

$9.1B

FDEM

Fidelity Emerging Markets Multifactor ETF

Fidelity Investments

Annual cost

0.25%

Fund size

$508M

Key differences

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

Side-by-side comparison

FENIFDEM
Annual cost (TER)0.28%0.25%
Fund size (AUM)$9.1B$508M
Since20072019
Dividend yield2.93%2.92%
Asset classequityequity
Regioneuropeemerging markets
Strategyactive selectionindex tracking
CAGR 1Y+28.3%+38.4%
CAGR 3YN/A+21.7%
CAGR 5YN/A+9.3%
Sharpe 3YN/A1.10
Volatility 1Y15.57%16.92%
Max drawdown-14.20%-33.65%

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

Similar to FENI and FDEM