Skip to content

FDEVFidelity International Multifactor ETF

Grow my money7y track recordRanked #608 of 2,999 in this goal

Seeks to provide investment returns that correspond to the performance of the Fidelity International Multifactor Index.

By Fidelity Investments · Launched 2019

Annual Cost

0.18%

#763 of 5,861 · low cost

Fund Size

$273M

#2,099 of 5,861 · mid-size

Return (1Y)Goal

+20.1%

Track Record

7 years

#1,835 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$12,085+20.9%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Cap

Multi cap

Strategy

Index tracking

Factor

Multifactor

Index tracked

Fidelity International Multifactor Index

What it actually holds

By weight

Concentration

Top 10 holdings = 14.2% of fundwell diversified

SHELL PLC
1.8%
ASTRAZENECA PLC
1.6%
ENGIE SA
1.4%
ROCHE HOLDING AG
1.4%
ENDESA SA
1.4%
NOVARTIS AG
1.4%
CANADIAN NATURAL RESOURCES LTD
1.3%
SUNCOR ENERGY INC
1.3%
CENTRICA PLC
1.3%
EQUINOR ASA
1.3%

Asset allocation

Stocks
99.4%
Cash
0.4%
Other
0.2%

By sector

Financial Services
23.8%
Industrials
15.8%
Healthcare
13.4%
Energy
9.9%
Consumer Defensive
9.8%
Utilities
8.2%
Communication
7.5%
Consumer Cyclical
4.5%
Other
7.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
12.0%Moderate

Year-on-year price swings

Max drawdown
-30.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.91Decent risk-adjusted returns
Sortino (3Y)
1.34Good downside protection

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks to provide investment returns that correspond to the performance of the Fidelity International Multifactor Index.
Strategy
Invests primarily in securities of large- and mid-capitalization developed international companies with attractive valuations, high quality profiles, positive momentum signals, and lower volatility. The Fidelity International Multifactor Index is constructed using a rules-based methodology that scores stocks based on valuation, quality, momentum, and volatility, with sector weights adjusted for correlation to U.S. large-cap stocks.
Inception date
February 26, 2019
Fund family
Fidelity Investments

What's next?

You've looked at FDEV. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

Data updated on 2026-08-04