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XNAV vs FEMR

FundX Aggressive ETF vs Fidelity Enhanced Emerging Markets ETF

XNAV

FundX Aggressive ETF

Fund X

Annual cost

1.27%

Fund size

$31M

FEMR

Fidelity Enhanced Emerging Markets ETF

Fidelity Investments

Annual cost

0.38%

Fund size

$114M

Key differences

  • FEMR costs 0.89% less per year.
  • FEMR is significantly larger than XNAV — larger funds tend to be more liquid and less likely to close.
  • XNAV is classified as alternative, while FEMR is equity — different risk/return profiles.
  • XNAV follows a active selection strategy; FEMR uses index tracking.
  • XNAV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

XNAVFEMR
Annual cost (TER)1.27%0.38%
Fund size (AUM)$31M$114M
Since20022024
Dividend yield0.51%1.60%
Asset classalternativeequity
Regionemerging markets
Strategyactive selectionindex tracking
CAGR 1Y+44.5%+58.8%
CAGR 3Y+25.0%N/A
CAGR 5YN/AN/A
Sharpe 3Y1.08N/A
Volatility 1Y16.54%21.07%
Max drawdown-24.27%-15.58%

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

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