FFEMFidelity Fundamental Emerging Markets ETF

Grow my money1y track recordRanked #1,871 of 3,055 in this goal

Seeks long-term growth of capital.

By Fidelity Investments · Launched 2024

Annual Cost

0.60%

#3,337 of 6,040 · average

Fund Size

$64M

#3,501 of 6,040 · mid-size

Return (1Y)

+36.8%

Track Record

1 year

#3,870 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$13,560+35.6%

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

Holdings

By weight

Concentration

Top 10 holdings = 47.2% of fundmoderately concentrated

TAIWAN SEMICONDUCTOR MFG CO LTD

16.3%

SAMSUNG ELECTRONICS CO LTD

8.7%

SK HYNIX INC

5.2%

TENCENT HLDGS LTD

5.0%

ALIBABA GROUP HOLDING LTD

2.7%

MEDIATEK INC

2.3%

CONTEMPORARY AMPEREX TECHNOLOGY CO LTD

2.1%

CHINA CONSTRUCTION BANK CORP

1.8%

DELTA ELECTRONICS INC

1.6%

BYD CO LTD

1.5%

Asset allocation

Stocks

99.3%

Cash

2.4%

By sector

Technology

41.3%

Financial Services

19.3%

Industrials

8.8%

Consumer Cyclical

8.1%

Communication

7.4%

Basic Materials

5.3%

Healthcare

4.1%

Energy

2.0%

Other

3.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

26.8%High

Year-on-year price swings

Max drawdown

-16.3%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: Cboe BZX

Full fund details

Objective: Seeks long-term growth of capital.
Strategy: Normally invests at least 80% of assets in securities of issuers in emerging markets, using fundamental analysis and quantitative portfolio construction to emphasize high-conviction securities. Allocates across different emerging markets countries.
Inception date: November 19, 2024
Fund family: Fidelity Investments