Fund Evaluator:
Fidelity Emerging Markets Mltfct ETF (FDEM)
Follow This Fund
Equity
Global Asset Class
International Equity
Fund Group
Diversified Emerging Mkts
Category
$23.594
NAV (as of Oct 07)
$0.00
Minimum Initial
0.25% A
Expense Ratio
$580 Mil
Assets
Open
Status
na
12b-1 Fee
3.00%
TTM Yield
0.00%
Max Load
76%
Portfolio Turnover
Best Performing in Diversified Emerging Mkts Over the Last Year
| 55.1% | Invesco Emerging Markets ex-China Y (GTDYX) |
| 51.1% | WCM Focused Emerging Mkts Ex Chn Inv (WCFEX) |
| 47.2% | Matthews Emerging Markets Sust Fut Inv (MASGX) |
| 46.5% | Lazard Emerging Markets Equity Instl (LZEMX) |
| 46.5% | LSV Emerging Markets Equity Inv (LVAZX) |
Data as of 7/31/2026
-1.1% B
1-Mo Return
4.3% B
3-Mo Return
16.9% C
YTD Return
29.3% C
1-Yr Return
19.3% B
3-Yr Return
10.0% A
5-Yr Return
0.93 B
Category Risk Index
1.23
Total Risk Index
Fund Details
Fund Family
Fidelity Investments
Inception Date
2/26/2019
Share Class Type
Equity Investment Style
Large-Cap
Value
Bond Investment Style
na
Socially Responsible Fund
No
Index Fund
Yes
Benchmark Index
MSCI EM NR USD: 100%
Additional Fund Details
Fidelity Emerging Markets Mltfct ETF Overview
FDEM Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FDEM Return (NAV) | -1.1% | 4.3% | 29.3% | 19.3% | 10.0% | na |
| FDEM Grade | B | B | C | B | A | na |
| +/- Category | 3.9% | 1.8% | -6.6% | 1.4% | 3.5% | na |
| Diversified Emerging Mkts Avg | -4.9% | 2.4% | 35.9% | 17.9% | 6.5% | 8.7% |
| FDEM Tax Cost Ratio | na | na | 1.2% | 1.3% | 1.3% | na |
FDEM Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FDEM Return (NAV) | 16.9% | 25.8% | 10.2% | 16.7% | -12.2% | -3.1% | 7.4% | na | na | na | na |
| FDEM Grade | C | D | B | B | A | F | D | na | na | na | na |
| +/- Category | -2.1% | -5.6% | 4.0% | 4.5% | 10.4% | -2.9% | -14.2% | na | na | na | na |
| Diversified Emerging Mkts Avg | 19.1% | 31.4% | 6.2% | 12.1% | -22.6% | -0.2% | 21.6% | 21.9% | -16.4% | 36.6% | 8.6% |
| Risk Measures | |
| Standard Deviation: | 15.0% |
| Total Risk Index: | 1.23 - Average |
| Category Risk Index: | 0.93 - Below Average |
| Category Risk Grade: | B (39% Rank) |
| Beta: | 0.98 |
| R-Squared: | 81% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Value |
| Bond Investment Style: | na |
| Yield: | 3.0% |
| Dividend Distribution: | Quarterly |
| Cap Gains Distribution: | |
| Total Assets: | $580 Mil |
| Fund Total Assets: | $ 581 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 76% |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 7.4 years | |||
| Average Tenure: 7.3 years | |||
| Managers (Year): Bottari Louis (2019), Matthew Peter (2019), Regan Robert (2019), Gupta Payal (2019), Sohrabi Navid (2019) | |||
Portfolio Composition (as of 7/30/26)
| # of Holdings: | 240 |
| % in Top 10 Holdings: | 34.4% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 99.1% |
Portfolio Allocation |
|
| Domestic Stock: | -0.1% |
| Foreign Stock: | 99.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -1.1% |
| Cash: | 2.0% |
Purchase Information
| Fund Family: | Fidelity Investments |
| Phone Number: | 202-371-8300 |
| Website: | www.institutional.fidelity.com |
| Status: | Open |
| Inception Date: | February 26, 2019 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.25% ( Rating : Below Avg ) |
| Category Average Expense Ratio (%): | 1.16% |
| Share Class: | Fidelity Emerging Markets Mltfct ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
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