FDEM

Fidelity Emerging Markets Multifactor ETF
*Unless otherwise stated, data provided by FactSet.

FDEM Fund Description

FDEM tracks a multi-factored index of emerging markets companies.

FDEM Factset Analytics Insight

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.

FDEM MSCI ESG Analytics Insight

Fidelity Emerging Markets Multifactor ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.66 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Fidelity Emerging Markets Multifactor ETF ranks in the 22nd percentile within its peer group and in the 15th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FDEM MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

PERFORMANCE [as of 10/27/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FDEM 2.82% -0.44% -0.79% 13.77% -- -- --
FDEM (NAV) 1.44% 0.68% -0.62% 12.63% -- -- --
Fidelity Emerging Markets Multifactor Index 1.51% 0.98% 0.31% 13.97% 9.49% 7.06% 5.82%
MSCI Emerging Markets Investable Market Index 1.13% 2.73% 2.98% 18.07% 13.99% 9.75% 5.20%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FDEM Summary Data

Fidelity
02/26/19
Open-Ended Fund
0.45%
$21.16M
$65.62K
0.96%

FDEM Portfolio Data

$109.86B
12.28
1.77
2.41%
12/17/21
206

FDEM Index Data

Fidelity Emerging Markets Multifactor Index
Proprietary
Proprietary
MSCI Emerging Markets Investable Market Index

FDEM Portfolio Management

0.45%
-1.35%
-0.44%
-2.25%

FDEM Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

FDEM Fund Structure

Open-Ended Fund
Yes
No
-- / --
N/A
N/A
High
Daily

FDEM Factset Analytics Block Liquidity

As of 10/28/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FDEM. FDEM is rated a 3 out of 5.

FDEM Tradability

2,524
$65.62K
1,952
$50.37K
0.96%
$0.25
0.84%
2.23% / -1.03%
None
15.00%
200,000
0.01
0.02%
0.77%
0
$26.27
3

FDEM Sector/Industry Breakdown


FDEM
Segment Benchmark
28.02%
32.13%
22.05%
20.63%
11.17%
5.74%
9.85%
8.63%
7.70%
4.50%
6.90%
2.37%
6.13%
2.42%
4.33%
8.99%
2.06%
6.31%
0.98%
5.46%

FDEM Top 10 Holdings[View All]

5.26%
4.26%
3.62%
2.26%
2.25%
2.11%
2.07%
1.74%
1.70%
28.19%

FDEM Countries


FDEM
Segment Benchmark
31.62%
25.93%
13.07%
13.52%
11.79%
15.53%
9.92%
12.47%
5.47%
1.54%
3.53%
2.73%
3.52%
3.24%
3.38%
5.17%
3.34%
0.74%
2.86%
3.03%

FDEM Regions


FDEM
Segment Benchmark
77.65%
77.99%
10.01%
8.62%
6.89%
4.76%
5.19%
7.80%
0.25%
0.84%

FDEM Economic Development


FDEM
Segment Benchmark
57.95%
56.57%
42.05%
43.43%

FDEM Performance Statistics

0.95
0.84
0.86
0.85
0.25%
MSCI Emerging Markets Investable Market Index

FDEM MSCI ESG Ratings

4.66 / 10
15.39
22.32
3.11%
--
351.65

FDEM Benchmark Comparison Holdings

206
3168
197
35.56%

FDEM Benchmark Comparison Summary


FDEM
Segment Benchmark
206
3168
$109.86B
$126.32B
12.28
17.04
1.77
1.91
2.63%
2.00%
Low
Low

FDEM Benchmark Comparison Market Cap Size


FDEM
Segment Benchmark
53.72%
66.16%
40.18%
23.27%
6.09%
9.59%
0.00%
0.97%