Fidelity Targeted Emerging Markets Factor ETF (FDEM)
Description
The investment seeks to track the performance of the Fidelity Emerging Markets Multifactor Index. The FDEM ETF contains 210 constituents. It is focused on blend holdings in the Asia-Pacific region.
Price $20.32 as of 2022-10-21Cost/Risk/Yield
| Dividend yield | 4.38% |
| Expense ratio | 0.45% |
| Average spread | 1.23% |
| 1Y roundtrip cost | 1.68% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 1.3% | -4.5% | -1.0% | -4.4% | 1.3% | -7.2% | -1.0% | 1.1% | -8.6% | 3.9% | -19.1% | ||
| 2021 | 0.8% | -0.4% | 1.0% | 1.4% | 1.8% | 0.6% | -5.4% | 0.5% | -3.5% | 0.3% | -2.2% | 1.7% | -3.3% |
| 2020 | -4.8% | -5.3% | -16.3% | 8.4% | 2.8% | 3.7% | 5.2% | 0.7% | -0.2% | 0.2% | 9.0% | 8.1% | 11.5% |
| 2019 | 1.2% | -5.6% | 5.5% | -2.2% | -2.7% | 1.7% | 3.5% | -1.0% | 5.6% | 6.0% | |||
| -2.7% | -10.2% | -16.3% | 6.7% | 0.2% | 2.6% | -3.3% | -0.4% | -10.6% | 7.9% | 5.9% | 15.4% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.10 | 0.37 | 0.25 | 0.72 | |||||||||
| 2021 | 0.09 | 0.27 | 0.17 | 0.16 | 0.69 | ||||||||
| 2020 | 0.10 | 0.19 | 0.11 | 0.10 | 0.50 | ||||||||
| 2019 | 0.03 | 0.23 | 0.23 | 0.14 | 0.61 | ||||||||
| 0.00 | 0.00 | 0.32 | 0.00 | 0.00 | 1.05 | 0.00 | 0.00 | 0.76 | 0.00 | 0.00 | 0.40 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Tencent Holdings Ltd. | 5.03% |
| Taiwan Semiconductor Manufacturing Co., Ltd. | 4.29% |
| Samsung Electronics Co., Ltd. | 3.61% |
| Alibaba Group Holding Ltd. Sponsored ADR | 2.98% |
| Aldar Properties - P J S C | 2.36% |
| Longfor Group Holdings Ltd. | 2.24% |
| Inter RAO UES PJSC | 2.04% |
| China Vanke Co., Ltd Class H | 1.84% |
| Petronas Gas Bhd. | 1.72% |
| Manila Electric Co. | 1.70% |
| Guangdong Investment Limited | 1.61% |
| Divi\'s Laboratories Limited | 1.29% |
| PT Kalbe Farma Tbk | 1.11% |
| Hindustan Unilever Limited | 1.10% |
| Want Want China Holdings Limited | 1.09% |
| Top 15 Weights | 34.01% |
Compare with similar ETFs
| FDEM | GSEE | LDEM | NTSE | QLVE | RESE | |
|---|---|---|---|---|---|---|
| Product name | Fidelity Targeted Emerging Markets Factor ETF | Goldman Sachs MarketBeta Emerging Markets Equity ETF | iShares ESG MSCI EM Leaders ETF | WisdomTree Emerging Markets Efficient Core Fund | FlexShares Emerging Markets Quality Low Volatility Index Fund | WisdomTree Emerging Markets Dividend Fund |
| Issuer | Fidelity | Goldman Sachs | iShares | WisdomTree | FlexShares | WisdomTree |
| Price | $20.32 | $35.95 | $40.3425 | $23.527 | $20.67 | $24.618 |
| Expense Ratio | 0.45% |  0.36% | 0.16% | 0.38% | 0.4% | 0.32% |
| Average Spread | 1.230% | 0.278% | 0.273% | 0.298% | 0.290% | 0.406% |
| AUM | $16,240,300 | $23,352,200 | $563,920,000 | $2,328,800 | $12,360,000 | $22,071,800 |
| Shares | 799,228 | 649,573 | 13,978,321 | 98,984 | 597,969 | 896,571 |
| Average Daily Volume | 1,867 | 153 | 30,820 | 18,000 | 7,790 | 3,410 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2019-02-26 | 2020-05-12 | 2020-02-05 | 2021-05-20 | 2019-07-15 | 2016-04-07 |
| Index Tracked | Fidelity Emerging Markets Multifactor Index | Solactive GBS Emerging Markets Large & Mid Cap Index | MSCI EM Extended ESG Leaders 5% Issuer Capped Index | No Underlying Index | Northern Trust Emerging Markets Quality Low Volatility Index | No Underlying Index |
| Category | Emerging Markets Equities | Asia Pacific Equities | Emerging Markets Equities | Diversified Portfolio | Volatility Hedged Equity | Asia Pacific Equities |
| Asset Class | Equity | Equity | Equity | Multi-Asset | Equity | Equity |
| Asset Class Size | Large/Mid Caps | Large/Mid Caps | Large/Mid Caps | Large/Mid Caps | Large/Mid Caps | |
| Value or Growth | Blend | Blend | Blend | Blend | Blend | |
| Region | Asia-Pacific | Asia-Pacific | Asia-Pacific | Asia-Pacific | Asia-Pacific | |
| Countries | Broad | Broad | Broad | Broad | Pacific ex-Japan | Pacific ex-Japan |
| Annual Dividend Rate | $0.889 | $2.234 | $1.205 | $1.12 | $0.735 | $1.051 |
| Annual Dividend Yield | 0.044% | 0.062% | 0.030% | 0.048% | 0.036% | 0.043% |
| Number of Holdings | 210 | 1091 | 476 | 149 | 298 | |
| YTD Return | -18.15% | -27.08% | -29.36% | -35.05% | -19.20% | -28.18% |
| Beta | 0.44 | 0.44 | 0.64 | 0.80 | 0.49 | 0.71 |
| Upside Beta | 0.31 | 0.07 | 0.37 | -0.78 | 0.33 | 0.42 |
| Downside Beta | -0.39 | -0.61 | -0.60 | -1.06 | -0.34 | -0.50 |
| Volatility 1Y | 17.72% | 21.08% | 22.37% | 21.77% | 14.78% | 21.06% |
| Sharpe Ratio 3Y | -0.40 | 0.00 | 0.00 | 0.00 | -0.46 | 0.00 |
| Treynor Ratio 3Y | -0.01 | 0.00 | 0.00 | 0.00 | -0.01 | 0.00 |