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RNEM vs FDEM

First Trust Emerging Markets Equity Select ETF vs Fidelity Emerging Markets Multifactor ETF

RNEM

First Trust Emerging Markets Equity Select ETF

First Trust

Annual cost

0.76%

Fund size

$17M

FDEM

Fidelity Emerging Markets Multifactor ETF

Fidelity Investments

Annual cost

0.25%

Fund size

$508M

Key differences

  • FDEM costs 0.51% less per year.
  • FDEM is significantly larger than RNEM — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, FDEM has delivered higher annualized returns.

Side-by-side comparison

RNEMFDEM
Annual cost (TER)0.76%0.25%
Fund size (AUM)$17M$508M
Since20172019
Dividend yield2.72%2.92%
Asset classequityequity
Regionemerging markets
Strategyindex trackingindex tracking
CAGR 1Y+2.4%+38.4%
CAGR 3Y+8.2%+21.7%
CAGR 5Y+4.8%+9.3%
Sharpe 3Y0.381.10
Volatility 1Y13.35%16.92%
Max drawdown-38.37%-33.65%

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

Similar to RNEM and FDEM