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FNCL vs FDEM

Fidelity MSCI Financials Index ETF vs Fidelity Emerging Markets Multifactor ETF

FNCL

Fidelity MSCI Financials Index ETF

Annual cost

0.08%

Fund size

$2.2B

FDEM

Fidelity Emerging Markets Multifactor ETF

Annual cost

0.25%

Fund size

$608M

Key differences

Both FNCL and FDEM are equity ETFs. FNCL charges 0.08% a year and FDEM 0.25%. The main difference: FNCL covers North America; FDEM covers emerging markets.

  • FNCL covers North America; FDEM covers emerging markets.
  • FNCL costs 0.17% less per year.
  • FNCL is much larger than FDEM. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FDEM has delivered higher annualized returns.
  • FNCL has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FNCLFDEM
Annual cost (TER)0.08%0.25%
Fund size (AUM)$2.2B$608M
Since20132019
Dividend yield1.67%2.70%
Asset classequityequity
Regionnorth americaemerging markets
Strategyindex trackingindex tracking
CAGR 1Y+7.6%+36.5%
CAGR 3Y+19.9%+22.7%
CAGR 5Y+9.0%+8.9%
Sharpe 3Y0.951.10
Volatility 1Y15.04%18.94%
Max drawdown-44.38%-33.65%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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