FDEMFidelity Emerging Markets Multifactor ETF
Seeks investment returns that correspond to the performance of the Fidelity Emerging Markets Multifactor Index.
By Fidelity Investments · Launched 2019
Annual Cost
0.25%
#1,139 of 5,854 · low cost
Fund Size
$587M
#1,464 of 5,854 · large
Return (1Y)Goal
+26.4%
Track Record
7 years
#1,835 of 5,854 · established
Performance
Total-return NAV · USDGrowth of $10,000
$12,700+27.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityRegion
Emerging marketsCap
Multi cap
Strategy
Index tracking
Factor
Multifactor
Index tracked
Fidelity Emerging Markets Multifactor Index
What it actually holds
By weightConcentration
Top 10 holdings = 34.1% of fund✓ well diversified
TAIWAN SEMICONDUCTOR MFG CO LTD
11.7%
SAMSUNG ELECTRONICS CO LTD
5.9%
SK HYNIX INC
3.4%
TENCENT HLDGS LTD
3.2%
CHINA RESOURCES MIXC LIFESTYLE SERVICES LTD
1.9%
ORION CORP/REPUBLIC OF KOREA/NEW
1.7%
FIBRA UNO ADMINISTRACION SA DE
1.7%
EMAAR DEVELOPMENT PJSC
1.6%
PETROLEO BRASILEIRO-PETROBRAS
1.5%
KIMBERLY CLARK DE MEXICO SAB D
1.5%
Asset allocation
Stocks
99.2%
Cash
1.6%
By sector
Technology
39.5%
Financial Services
15.8%
Consumer Cyclical
10.7%
Communication
9.4%
Energy
6.7%
Consumer Defensive
6.5%
Real Estate
4.5%
Industrials
4.3%
Other
2.6%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
21.1%High
Year-on-year price swings
Max drawdown
-33.8%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.87Decent risk-adjusted returns
Sortino (3Y)
1.26Good downside protection
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks investment returns that correspond to the performance of the Fidelity Emerging Markets Multifactor Index.
- Strategy
- Invests at least 80% in stocks of large- and mid-capitalization emerging markets companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility. The Fidelity Emerging Markets Multifactor Index is constructed using a rules-based methodology that scores stocks based on valuation, quality, momentum, and volatility.
- Inception date
- February 26, 2019
- Fund family
- Fidelity Investments
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Data updated on 2026-08-04