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About Fidelity International Multifactor ETF
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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
US3160925356
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
Consumer Non-Durables
Stocks98.73%
Finance27.24%
Consumer Non-Durables10.33%
Non-Energy Minerals9.66%
Utilities8.56%
Technology Services8.19%
Producer Manufacturing4.78%
Communications4.68%
Retail Trade4.52%
Health Technology4.44%
Process Industries3.26%
Industrial Services2.60%
Commercial Services2.42%
Electronic Technology2.01%
Distribution Services1.99%
Consumer Durables1.30%
Consumer Services1.04%
Health Services0.60%
Miscellaneous0.49%
Energy Minerals0.40%
Transportation0.21%
Bonds, Cash & Other1.27%
Cash0.87%
Miscellaneous0.37%
Rights & Warrants0.02%
Government0.02%
Futures−0.00%
Stock breakdown by region
Europe51.63%
Asia26.67%
North America14.42%
Oceania4.65%
Middle East2.63%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FDEV invests in stocks. The fund's major sectors are Finance, with 27.24% stocks, and Consumer Non-Durables, with 10.33% of the basket. The assets are mostly located in the Europe region.
FDEV top holdings are Daito Trust Construction Co., Ltd. and PSP Swiss Property AG, occupying 1.74% and 1.56% of the portfolio correspondingly.
FDEV last dividends amounted to 0.21 USD. The quarter before, the issuer paid 0.29 USD in dividends, which shows a 42.23% decrease.
FDEV assets under management is 192.17 M USD. It's risen 3.93% over the last month.
FDEV fund flows account for 84.72 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, FDEV pays dividends to its holders with the dividend yield of 2.57%. The last dividend (Sep 23, 2025) amounted to 0.21 USD. The dividends are paid quarterly.
FDEV shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Feb 26, 2019, and its management style is Passive.
FDEV expense ratio is 0.19% meaning you'd have to pay 0.19% of your investment to help manage the fund.
FDEV follows the Fidelity International Multifactor Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FDEV invests in stocks.
FDEV price has risen by 0.12% over the last month, and its yearly performance shows a 11.48% increase. See more dynamics on FDEV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.39% over the last month, showed a 4.10% increase in three-month performance and has increased by 16.21% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.39% over the last month, showed a 4.10% increase in three-month performance and has increased by 16.21% in a year.
FDEV trades at a premium (0.32%) meaning the ETF is trading at a higher price than the calculated NAV.