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XNAV vs FDEM

FundX Aggressive ETF vs Fidelity Emerging Markets Multifactor ETF

XNAV

FundX Aggressive ETF

Fund X

Annual cost

1.27%

Fund size

$31M

FDEM

Fidelity Emerging Markets Multifactor ETF

Fidelity Investments

Annual cost

0.25%

Fund size

$508M

Key differences

  • FDEM costs 1.02% less per year.
  • FDEM is significantly larger than XNAV — larger funds tend to be more liquid and less likely to close.
  • XNAV is classified as alternative, while FDEM is equity — different risk/return profiles.
  • XNAV follows a active selection strategy; FDEM uses index tracking.
  • Over the last 3 years, XNAV has delivered higher annualized returns.
  • XNAV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

XNAVFDEM
Annual cost (TER)1.27%0.25%
Fund size (AUM)$31M$508M
Since20022019
Dividend yield0.51%2.92%
Asset classalternativeequity
Regionemerging markets
Strategyactive selectionindex tracking
CAGR 1Y+44.5%+42.5%
CAGR 3Y+25.0%+23.2%
CAGR 5YN/A+9.9%
Sharpe 3Y1.081.17
Volatility 1Y16.54%17.19%
Max drawdown-24.27%-33.65%

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

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