Key stats
About Fidelity Emerging Markets Multifactor ETF
Expense ratio
0.25%
Home page
Inception date
Feb 26, 2019
FDEM tracks an index of large- and midcap emerging market stocks selected and weighted using a wide variety of valuation metrics. The fund looks for a combination of attractive valuations, high quality profiles, positive momentum signals, lower volatility than the emerging market equities at large, and lower correlation to the US equity market. FDEM uses various criteria in deciding the country a particular stock is tied to. This includes country of incorporation or registration, location of headquarters, primary stock exchange listing, and geographic breakdown of revenues and assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Electronic Technology
Energy Minerals
Stocks99.43%
Finance26.96%
Electronic Technology14.26%
Energy Minerals11.29%
Technology Services9.90%
Consumer Non-Durables8.39%
Health Technology6.76%
Communications5.23%
Retail Trade4.60%
Consumer Durables2.72%
Producer Manufacturing2.62%
Process Industries1.92%
Non-Energy Minerals1.24%
Distribution Services1.24%
Consumer Services1.15%
Transportation0.52%
Commercial Services0.41%
Industrial Services0.15%
Utilities0.07%
Bonds, Cash & Other0.57%
Cash0.31%
Mutual fund0.25%
Futures0.00%
Stock breakdown by region
Asia75.21%
Europe8.17%
North America6.31%
Middle East5.49%
Latin America3.01%
Africa1.82%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history