Key stats
About FlexShares ESG & Climate Developed Markets ex-US Core Index Fund
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Inception date
Sep 20, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Northern Trust Investments, Inc.(Investment Management)
Distributor
Foreside Fund Services LLC
ISIN
US33939L5975
FEDM follows an index designed to provide a broad exposure to developed market companies outside the US that exhibit several specific environmental, social, and corporate governance attributes. Selection begins with the constituents of the NorthernTrust Developed Markets ex-US Large Cap Index. Each eligible company is ranked based on their ESG scores as measured by their ability to manage risks associated with material ESG issues and their good corporate governance. Moreover, the fund also utilizes carbon-related risk metrics to assess the carbon emissions intensity, carbon reserves, and carbon risk exposure for each firm. Companies are also screened and excluded based on business activities that produce negative impacts in the environment. Additional optimization is also done to minimize systematic risk including constituent, liquidity, absolute weight, sector, industry group, and turnover constraints. The index is reconstituted on a quarterly basis.
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
Stocks99.64%
Finance26.94%
Health Technology10.30%
Producer Manufacturing9.41%
Consumer Non-Durables7.64%
Technology Services6.90%
Electronic Technology6.13%
Retail Trade3.98%
Transportation3.75%
Communications3.62%
Energy Minerals3.06%
Non-Energy Minerals2.95%
Utilities2.93%
Consumer Durables2.79%
Commercial Services2.26%
Industrial Services2.01%
Process Industries1.94%
Distribution Services1.39%
Miscellaneous0.95%
Consumer Services0.69%
Bonds, Cash & Other0.36%
UNIT0.29%
Miscellaneous0.06%
Stock breakdown by region
Europe59.70%
Asia22.25%
North America11.33%
Oceania6.35%
Middle East0.38%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FEDM invests in stocks. The fund's major sectors are Finance, with 26.94% stocks, and Health Technology, with 10.30% of the basket. The assets are mostly located in the Europe region.
FEDM top holdings are ASML Holding NV and SAP SE, occupying 2.00% and 1.99% of the portfolio correspondingly.
FEDM last dividends amounted to 0.26 USD. The quarter before, the issuer paid 0.80 USD in dividends, which shows a 206.17% decrease.
FEDM assets under management is 64.01 M USD. It's risen 2.71% over the last month.
FEDM fund flows account for 1.81 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FEDM pays dividends to its holders with the dividend yield of 2.69%. The last dividend (Sep 25, 2025) amounted to 0.26 USD. The dividends are paid quarterly.
FEDM shares are issued by Northern Trust Corp. under the brand FlexShares. The ETF was launched on Sep 20, 2021, and its management style is Passive.
FEDM expense ratio is 0.12% meaning you'd have to pay 0.12% of your investment to help manage the fund.
FEDM follows the Northern Trust ESG & Climate Developed Markets ex-US Core Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FEDM invests in stocks.
FEDM price has fallen by −0.43% over the last month, and its yearly performance shows a 7.00% increase. See more dynamics on FEDM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.41% over the last month, have fallen by −0.41% over the last month, showed a 4.62% increase in three-month performance and has increased by 10.83% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.41% over the last month, have fallen by −0.41% over the last month, showed a 4.62% increase in three-month performance and has increased by 10.83% in a year.
FEDM trades at a premium (0.44%) meaning the ETF is trading at a higher price than the calculated NAV.