Key stats
About Fidelity Emerging Markets Multifactor ETF
Home page
Inception date
Feb 26, 2019
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
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Co. LLC
ISIN
US3160925430
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.
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
Electronic Technology
Technology Services
Stocks99.57%
Finance24.73%
Electronic Technology18.85%
Technology Services11.03%
Energy Minerals8.86%
Retail Trade7.38%
Health Technology6.89%
Consumer Durables5.80%
Communications5.02%
Consumer Services2.98%
Producer Manufacturing1.88%
Consumer Non-Durables1.25%
Transportation0.97%
Process Industries0.83%
Non-Energy Minerals0.71%
Health Services0.71%
Industrial Services0.58%
Commercial Services0.46%
Distribution Services0.19%
Bonds, Cash & Other0.43%
Mutual fund0.87%
Government0.01%
Futures−0.00%
Cash−0.45%
Stock breakdown by region
Asia80.03%
Latin America5.49%
Europe5.47%
Middle East5.10%
North America2.27%
Africa1.63%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FDEM invests in stocks. The fund's major sectors are Finance, with 24.84% stocks, and Electronic Technology, with 18.93% of the basket. The assets are mostly located in the Asia region.
FDEM top holdings are Taiwan Semiconductor Manufacturing Co., Ltd. and Tencent Holdings Ltd, occupying 8.80% and 5.43% of the portfolio correspondingly.
FDEM last dividends amounted to 0.28 USD. The quarter before, the issuer paid 0.34 USD in dividends, which shows a 23.83% decrease.
FDEM assets under management is 239.35 M USD. It's risen 8.26% over the last month.
FDEM fund flows account for 128.30 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, FDEM pays dividends to its holders with the dividend yield of 3.63%. The last dividend (Sep 23, 2025) amounted to 0.28 USD. The dividends are paid quarterly.
FDEM shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Feb 26, 2019, and its management style is Passive.
FDEM expense ratio is 0.27% meaning you'd have to pay 0.27% of your investment to help manage the fund.
FDEM follows the Fidelity Emerging Markets Multifactor Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FDEM invests in stocks.
FDEM price has risen by 3.43% over the last month, and its yearly performance shows a 10.17% increase. See more dynamics on FDEM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.76% over the last month, showed a 8.71% increase in three-month performance and has increased by 14.10% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.76% over the last month, showed a 8.71% increase in three-month performance and has increased by 14.10% in a year.
FDEM trades at a premium (0.71%) meaning the ETF is trading at a higher price than the calculated NAV.