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NATO vs FDEM

Themes Transatlantic Defense ETF vs Fidelity Emerging Markets Multifactor ETF

NATO

Themes Transatlantic Defense ETF

Themes ETF Trust

Annual cost

0.35%

Fund size

$99M

FDEM

Fidelity Emerging Markets Multifactor ETF

Fidelity Investments

Annual cost

0.25%

Fund size

$508M

Key differences

  • FDEM costs 0.10% less per year.
  • FDEM is significantly larger than NATO — larger funds tend to be more liquid and less likely to close.
  • FDEM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NATOFDEM
Annual cost (TER)0.35%0.25%
Fund size (AUM)$99M$508M
Since20242019
Dividend yield0.45%2.92%
Asset classequityequity
Regionemerging markets
Strategyindex trackingindex tracking
CAGR 1Y+23.3%+42.5%
CAGR 3YN/A+23.2%
CAGR 5YN/A+9.9%
Sharpe 3YN/A1.17
Volatility 1Y20.70%17.19%
Max drawdown-15.99%-33.65%

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

Similar to NATO and FDEM