FDEMFidelity Emerging Markets Multifactor ETF
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.
FDEM Summary Data
FDEM Portfolio Data
FDEM Index Data
FDEM Portfolio Management
FDEM Tax Exposures
FDEM Fund Structure
FDEM Factset Analytics Block Liquidity
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 Sector/Industry Breakdown
FDEM Top 10 Holdings[View All]
FDEM Economic Development
FDEM Performance Statistics
FDEM MSCI ESG Ratings
FDEM Benchmark Comparison Summary
FDEM Benchmark Comparison Market Cap Size