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Fidelity InvestmentsDiversified Emerging MarketsFDEM · Cboe BZX

Fidelity Emerging Markets Multifactor ETF (FDEM)

Price
$36.61
11 Sept 2026
Assets
$600.9M
Total net assets
Expense ratio
0.25%
Category 1.06%
Yield
2.94%
Trailing distributions
3Y CAGR
21.5%+1.4%
Category 20.1%
5Y CAGR
10.3%+2.7%
Category 7.6%
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Fidelity Emerging Markets Multifactor ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation
Maximum drawdown
Sharpe ratio
Sortino ratio
Beta
Alpha
Information ratio
Upside capture
Downside capture
Tracking error
Trailing returns compared with benchmark
Period1M3M6MYTD1Y3YCAGR5YCAGR10YCAGRLaunchCAGR
ETF+2.1%+0.3%+17.2%+20.5%+24.9%+21.5%+10.3%+8.8%
Diversified Emerging Markets average1.9%1.2%18.7%22.9%30.0%20.1%7.6%7.9%14.0%
Difference+0.2%-0.8%-1.5%-2.4%-5.0%+1.4%+2.7%-5.2%

Holdings

The 10 largest positions make up 33.9% of the fund.

Top holdings

Largest holdings by weight
TickerHoldingWeight
2330.TWTaiwan Semiconductor Manufacturing Co Ltd12.26%
005930.KQSamsung Electronics Co Ltd6.98%
000660.KQSK hynix Inc4.36%
1209.HKChina Resources Mixc Lifestyle Services Ltd1.79%
EMAARDEV.AEEmaar Development PJSC Ordinary Shares1.68%
FUNO11.MXFibra Uno Administracion SA de CV Certificados Bursatiles Fiduciarios Inmob1.49%
2454.TWMediaTek Inc1.38%
PETR4Petroleo Brasileiro SA Petrobras Participating Preferred1.35%
BH-RBumrungrad Hospital PCL Units Non-Voting Depository Receipt1.35%
02359Wuxi AppTec Co Ltd1.28%

Portfolio valuation

Weighted averages of what the fund holds.

P/E
11.7
P/B
1.8
P/S
1.5
P/CF
8.5

Sector allocation

Share of the equity the fund holds.

36.8%Technology9 sectors
  1. Technology36.8%
  2. Financial services15.5%
  3. Consumer discretionary12.3%
  4. Materials10.5%
  5. Health care7.0%
  6. Energy6.7%
  7. Real estate5.0%
  8. Industrials4.1%
  9. Communication services2.2%

Asset mix

  • Stocks99.3%
  • Cash0.6%
  • Other0.2%

Credit quality

Share of the bonds by rating.

  • US government0.0%

ETF details

Issuer
Fidelity Investments
Category
Equity · Diversified Emerging Markets
Ticker
FDEM
Exchange
Cboe BZX
Inception
26 Feb 2019 (7.5 years)
Structure
Exchange Traded Fund
Expense ratio
0.25% (category 1.06%)
Holdings turnover
76% (category 57%)
Distribution yield
2.94%
Beta, 3 years
0.99
Total net assets
$600.9M

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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