Fidelity Emerging Markets Multifactor ETF
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
23.3%
1 yr return
46.7%
3 Yr Avg Return
24.0%
5 Yr Avg Return
9.5%
Net Assets
$508 M
Holdings in Top 10
33.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.25%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 65.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FDEM - Profile
Distributions
- YTD Total Return 23.3%
- 3 Yr Annualized Total Return 24.0%
- 5 Yr Annualized Total Return 9.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.64%
- Dividend Yield 1.7%
- Dividend Distribution Frequency Other
Fund Details
-
Legal NameFidelity Emerging Markets Multifactor ETF
-
Fund Family NameFidelity Group of Funds
-
Inception DateFeb 28, 2019
-
Shares Outstanding1000000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLouis Bottari
Fund Description
FDEM - Performance
Return Ranking - Trailing
| Period | FDEM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 23.3% | -18.5% | 102.9% | 57.44% |
| 1 Yr | 46.7% | -14.2% | 239.7% | 61.71% |
| 3 Yr | 24.0%* | -0.2% | 66.1% | 46.91% |
| 5 Yr | 9.5%* | -11.3% | 25.5% | 17.56% |
| 10 Yr | N/A* | 0.8% | 21.5% | 65.21% |
* Annualized
Return Ranking - Calendar
| Period | FDEM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 22.4% | -39.1% | 56.9% | 71.29% |
| 2024 | 5.1% | -24.0% | 31.7% | 43.85% |
| 2023 | 11.9% | -6.5% | 35.5% | 24.96% |
| 2022 | -16.4% | -50.1% | -2.4% | 8.47% |
| 2021 | -6.0% | -33.1% | 22.5% | 54.67% |
Total Return Ranking - Trailing
| Period | FDEM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 23.3% | -18.5% | 102.9% | 57.44% |
| 1 Yr | 46.7% | -14.2% | 239.7% | 61.71% |
| 3 Yr | 24.0%* | -0.2% | 66.1% | 46.91% |
| 5 Yr | 9.5%* | -11.3% | 25.5% | 17.56% |
| 10 Yr | N/A* | 0.8% | 21.5% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FDEM Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 26.8% | 0.1% | 87.2% | 78.23% |
| 2024 | 9.3% | -16.6% | 31.7% | 22.24% |
| 2023 | 17.3% | -2.5% | 42.0% | 14.85% |
| 2022 | -13.1% | -42.2% | 1.9% | 7.98% |
| 2021 | -3.5% | -32.5% | 33.1% | 66.09% |
FDEM - Holdings
Concentration Analysis
| FDEM | Category Low | Category High | FDEM % Rank | |
|---|---|---|---|---|
| Net Assets | 508 M | 682 K | 160 B | 56.62% |
| Number of Holdings | 216 | 10 | 7640 | 27.13% |
| Net Assets in Top 10 | 151 M | 290 K | 47.3 B | 59.78% |
| Weighting of Top 10 | 33.80% | 2.9% | 107.6% | 69.51% |
Top 10 Holdings
- TAIWAN SEMICONDUCTOR MFG CO LTD 10.30%
- SAMSUNG ELECTRONICS CO LTD 4.57%
- TENCENT HOLDINGS LTD 4.49%
- ALIBABA GROUP HOLDING LTD 3.57%
- SK HYNIX INC 2.58%
- CHINA RESOURCES MIXC LIFESTYLE SERVICES LTD 2.29%
- EMAAR DEVELOPMENT PJSC 2.01%
- FIBRA UNO ADMINISTRACION SA 1.64%
- PETROBRAS PN (PFD REG) 1.23%
- PETROCHINA CO LTD H 1.14%
Asset Allocation
| Weighting | Return Low | Return High | FDEM % Rank | |
|---|---|---|---|---|
| Stocks | 99.17% | 0.00% | 102.89% | 18.45% |
| Cash | 1.01% | -2.03% | 17.54% | 63.56% |
| Preferred Stocks | 0.64% | 0.00% | 12.21% | 49.68% |
| Other | 0.01% | -0.56% | 10.07% | 21.61% |
| Bonds | 0.00% | 0.00% | 138.18% | 10.73% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 53.42% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FDEM % Rank | |
|---|---|---|---|---|
| Financial Services | 18.01% | 0.00% | 48.86% | 73.44% |
| Technology | 16.46% | 0.00% | 47.50% | 86.40% |
| Communication Services | 15.99% | 0.00% | 39.29% | 2.88% |
| Industrials | 12.61% | 0.00% | 43.53% | 9.12% |
| Consumer Defense | 10.11% | 0.00% | 25.90% | 12.64% |
| Consumer Cyclical | 9.52% | 0.00% | 48.94% | 83.36% |
| Utilities | 5.69% | 0.00% | 39.12% | 3.04% |
| Real Estate | 5.44% | 0.00% | 17.15% | 8.00% |
| Basic Materials | 4.98% | 0.00% | 30.03% | 74.40% |
| Energy | 1.18% | 0.00% | 24.80% | 86.72% |
| Healthcare | 0.00% | 0.00% | 16.53% | 98.72% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FDEM % Rank | |
|---|---|---|---|---|
| Non US | 97.86% | 0.00% | 100.93% | 3.47% |
| US | 1.32% | 0.00% | 96.45% | 92.43% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FDEM % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 1.01% | 0.00% | 100.00% | 50.47% |
| Derivative | 0.01% | -6.39% | 74.21% | 14.98% |
| Securitized | 0.00% | 0.00% | 23.79% | 52.08% |
| Corporate | 0.00% | 0.00% | 100.00% | 68.11% |
| Municipal | 0.00% | 0.00% | 0.32% | 52.08% |
| Government | 0.00% | 0.00% | 67.78% | 57.69% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FDEM % Rank | |
|---|---|---|---|---|
| US | 0.00% | 0.00% | 123.64% | 10.73% |
| Non US | 0.00% | 0.00% | 70.34% | 55.52% |
FDEM - Expenses
Operational Fees
| FDEM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.25% | 0.02% | 26.99% | 96.20% |
| Management Fee | 0.25% | 0.00% | 1.50% | 4.90% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
| FDEM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| FDEM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FDEM Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 65.00% | 0.00% | 189.00% | 71.40% |
FDEM - Distributions
Dividend Yield Analysis
| FDEM | Category Low | Category High | FDEM % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.66% | 0.00% | 9.74% | 8.36% |
Dividend Distribution Analysis
| FDEM | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Other | Annual | Annual | Annual |
Net Income Ratio Analysis
| FDEM | Category Low | Category High | FDEM % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.64% | -1.98% | 17.62% | 9.14% |
Capital Gain Distribution Analysis
| FDEM | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Quarterly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 20, 2026 | $0.157 | OrdinaryDividend |
| Dec 19, 2025 | $0.225 | OrdinaryDividend |
| Sep 19, 2025 | $0.277 | OrdinaryDividend |
| Sep 19, 2025 | $0.277 | OrdinaryDividend |
| Jun 20, 2025 | $0.343 | OrdinaryDividend |
| Mar 21, 2025 | $0.152 | OrdinaryDividend |
| Dec 20, 2024 | $0.308 | OrdinaryDividend |
| Sep 20, 2024 | $0.241 | OrdinaryDividend |
| Jun 21, 2024 | $0.355 | OrdinaryDividend |
| Mar 15, 2024 | $0.119 | OrdinaryDividend |
| Dec 28, 2023 | $0.016 | OrdinaryDividend |
| Dec 15, 2023 | $0.119 | OrdinaryDividend |
| Sep 15, 2023 | $0.420 | OrdinaryDividend |
| Jun 16, 2023 | $0.390 | OrdinaryDividend |
| Mar 17, 2023 | $0.114 | OrdinaryDividend |
| Dec 16, 2022 | $0.124 | OrdinaryDividend |
| Sep 16, 2022 | $0.248 | OrdinaryDividend |
| Jun 17, 2022 | $0.374 | OrdinaryDividend |
| Mar 18, 2022 | $0.102 | OrdinaryDividend |
| Dec 30, 2021 | $0.007 | OrdinaryDividend |
| Dec 17, 2021 | $0.158 | OrdinaryDividend |
| Sep 17, 2021 | $0.175 | OrdinaryDividend |
| Jun 18, 2021 | $0.268 | OrdinaryDividend |
| Mar 19, 2021 | $0.088 | OrdinaryDividend |
| Dec 18, 2020 | $0.102 | OrdinaryDividend |
| Sep 18, 2020 | $0.107 | OrdinaryDividend |
| Jun 19, 2020 | $0.187 | OrdinaryDividend |
| Mar 20, 2020 | $0.105 | OrdinaryDividend |
| Dec 20, 2019 | $0.138 | OrdinaryDividend |
| Sep 20, 2019 | $0.226 | OrdinaryDividend |
| Jun 21, 2019 | $0.225 | OrdinaryDividend |
| Mar 15, 2019 | $0.025 | OrdinaryDividend |
FDEM - Fund Manager Analysis
Managers
Louis Bottari
Start Date
Tenure
Tenure Rank
Feb 26, 2019
3.26
3.3%
Mr. Bottari has worked as an assistant portfolio manager, portfolio manager, and senior portfolio manager with Geode since May 2008. In addition to his portfolio management responsibilities, he is responsible for quantitative research and new product development. Prior to joining Geode, Bottari was employed by Fidelity in 1991 and served as an Assistant Portfolio Manager with Pyramis Global Advisors from 2005 to 2008.
Peter Matthew
Start Date
Tenure
Tenure Rank
Feb 26, 2019
3.26
3.3%
Peter Matthew is a Portfolio Manager. He has been with Geode Capital Management, LLC since 2007. Prior to joining Geode in 2007, Mr. Matthew was employed by eSecLending from 2005 to 2007 and by State Street Corporation from 2001 to 2005. Peter Matthews, PhD, is Managing Partner and Portfolio Manager. He was the trading system creator for all MINT systems and a Founding Partner of Mint Investment Management Company (MINT) in 1984 based on systems he originally created in 1981. MINT was the first CTA to exceed $1bn in AUM (in 1991). Peter was MINT’s Portfolio Manager throughout its existence from 1984-2000. MINT achieved 30% gross compound annual returns with no losing years from 1981-1993. MINT formed a 50/50 partnership with the Man Group and was the catalyst for Man’s $42.4bn (as of December 2009) business today. Peter received the Donchian Award in 1994 for his lifetime contributions to the Managed Funds Industry and was Founder/Chairman Emeritus for the Foundation for Managed Derivatives Research. MINT created the first guaranteed fund with Ord Westpac, Australia and was profiled in the book, Market Wizards. Dr. Matthews received his MA and PhD in Statistics from The American University in Washington, D.C. He was awarded the Massey Foundation Fellowship throughout his PhD program. He received his BA in Mathematics and Economics from Carleton University, Canada where he was an Ontario Scholar.
Robert Regan
Start Date
Tenure
Tenure Rank
Feb 26, 2019
3.26
3.3%
Robert Regan is a Portfolio Manager. He has been with Geode since 2016. Prior to joining Geode, Mr. Regan was a Senior Implementation Portfolio Manager at State Street Global Advisors from 2008 to 2016. Previously, Mr. Regan was employed by PanAgora Asset Management from 1997 to 2008, most recently as a Portfolio Manager. Mr. Regan began his career at Investors Bank and Trust.
Payal Gupta
Start Date
Tenure
Tenure Rank
Jun 30, 2019
2.92
2.9%
Payal Gupta joined Geode in 2019, Ms. Gupta has worked as a portfolio manager. Prior to joining Geode, Ms. Gupta worked at State Street Global Advisors from 2005 to 2019, most recently as senior portfolio manager. Before joining SSGA in 2005, she worked as an analyst at Concentra Integrated Services and at Morgan Stanley. Ms. Gupta holds an MBA with specialization in Investments and Information Systems from Northeastern University and a Bachelor of Science in Information Technology from Bay Path University.
Navid Sohrabi
Start Date
Tenure
Tenure Rank
Aug 31, 2019
2.75
2.8%
Navid Sohrabi is portfolio manager of Geode Capital Management, LLC. Since joining Geode in 2019, Mr. Sohrabi has worked as a portfolio manager. Prior to joining Geode, Mr. Sohrabi worked at DWS, most recently as an index portfolio manager. Mr. Sohrabi was Vice President with Deutsche Asset Management and has served as a Portfolio Manager and quantitative multi-asset strategist in the Passive Asset Management business since 2015. Prior to joining Deutsche Bank, Mr. Sohrabi served as a derivatives trader for several institutional asset managers and commodity trading advisors where he developed and managed systematic risk and trading strategies in equities, options, fx and futures. Mr. Sohrabi earned a BA in neurobiology from the University of California, Berkley, and a Masters of Financial Engineering from the Anderson School of Management at the University of California, Los Angeles and is a CFA charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.79 | 13.42 |