FEMRFidelity Enhanced Emerging Markets ETF

Grow my money1y track recordRanked #1,140 of 3,055 in this goal

Seeks capital appreciation.

By Fidelity Investments · Launched 2024

Annual Cost

0.38%

#1,913 of 6,040 · low cost

Fund Size

$189M

#2,504 of 6,040 · mid-size

Return (1Y)

+36.5%

Track Record

1 year

#3,870 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$13,627+36.3%

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

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

Emerging markets

Cap

Multi cap

Strategy

Active selection

Index tracked

MSCI Emerging Markets Index

Holdings

By weight

Concentration

Top 10 holdings = 34.7% of funddiversified

TAIWAN SEMICONDUCTOR MFG CO LTD

13.8%

SAMSUNG ELECTRONICS CO LTD

5.4%

SK HYNIX INC

3.5%

TENCENT HLDGS LTD

3.3%

ALIBABA GROUP HOLDING LTD

1.9%

DELTA ELECTRONICS INC

1.6%

RELIANCE INDUSTRIES LTD

1.4%

Fidelity Revere Street Trust

1.4%

MEDIATEK INC

1.3%

ITAU UNIBANCO HOLDING SA

1.2%

Asset allocation

Stocks

99.3%

Cash

1.2%

By sector

Technology

44.5%

Financial Services

16.5%

Industrials

7.0%

Consumer Cyclical

6.6%

Communication

6.5%

Energy

5.6%

Healthcare

5.6%

Basic Materials

5.2%

Other

2.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

25.9%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

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks capital appreciation.
Strategy: Normally invests at least 80% of assets in securities of issuers in emerging markets, utilizing a research-driven approach to identify long-term drivers of stock returns including valuation, growth, and quality. Aims for higher total returns than the MSCI Emerging Markets Index.
Inception date: November 19, 2024
Fund family: Fidelity Investments