Key stats
About Fidelity Emerging Markets Multifactor ETF
Expense ratio
0.18%
Home page
Inception date
Feb 26, 2019
FDEV tracks an index of large- and midcap developed market ex-US stocks selected and weighted using a wide variety of valuation metrics. The fund looks for a combination of attractive valuation, high quality profiles, positive momentum signals, lower volatility than international equities at large, and lower correlation to the US equity market. FDEV 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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Consumer Non-Durables
Stocks99.09%
Finance24.73%
Health Technology12.59%
Consumer Non-Durables10.20%
Utilities6.30%
Retail Trade5.58%
Technology Services5.42%
Commercial Services4.27%
Communications4.06%
Producer Manufacturing3.31%
Electronic Technology3.15%
Consumer Durables3.09%
Industrial Services2.89%
Distribution Services2.71%
Non-Energy Minerals2.54%
Process Industries2.17%
Consumer Services1.86%
Transportation1.58%
Energy Minerals1.45%
Health Services1.20%
Bonds, Cash & Other0.91%
Cash0.82%
Mutual fund0.08%
Futures0.00%
Stock breakdown by region
Europe56.74%
Asia27.11%
North America9.45%
Oceania4.79%
Middle East1.91%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history