FEMRFidelity Enhanced Emerging Markets ETF

Grow my money1y track recordRanked #1,249 of 2,960 in this goal

Seeks capital appreciation.

By Fidelity Investments · Launched 2024

Annual Cost

0.38%

#1,874 of 5,562 · low cost

Fund Size

$135M

#2,655 of 5,562 · mid-size

Return (1Y)Goal

+62.6%

Track Record

1 year

#3,948 of 5,562 · young

Performance

Total-return NAV · USD

Growth of $10,000

$16,266+62.7%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Emerging markets

Cap

Multi cap

Strategy

Active selection

Index tracked

MSCI Emerging Markets Index

What it actually holds

By weight

Concentration

Top 10 holdings = 34.4% of fund✓ well diversified

TAIWAN SEMICONDUCTOR MFG CO LTD

12.4%

TENCENT HLDGS LTD

4.5%

SAMSUNG ELECTRONICS CO LTD

4.2%

SK HYNIX INC

3.3%

ALIBABA GROUP HOLDING LTD

2.5%

RELIANCE INDUSTRIES LTD

1.7%

HDFC BANK LTD

1.6%

HON HAI PRECISION INDUSTRY CO LTD

1.6%

MEDIATEK INC

1.3%

DELTA ELECTRONICS INC

1.3%

Asset allocation

Stocks

99.6%

Other

0.9%

By sector

Technology

47.3%

Financial Services

15.0%

Industrials

8.8%

Basic Materials

6.9%

Energy

6.4%

Communication

6.1%

Consumer Cyclical

5.9%

Real Estate

1.7%

Other

2.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

23.0%High

Year-on-year price swings

Max drawdown

-15.6%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks capital appreciation.
Strategy: Invests primarily in securities of issuers in emerging markets, including depositary receipts. Utilizes a research-driven approach to identify long-term stock return drivers, aiming for a diversified portfolio that may outperform the MSCI Emerging Markets Index.
Inception date: November 19, 2024
Fund family: Fidelity Investments