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About Fidelity Fundamental Emerging Markets ETF
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Inception date
Nov 19, 2024
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
US31609A8678
FFEM seeks to achieve long-term capital growth by fundamentally selecting stocks from emerging markets. The fund includes countries that have an emerging stock market, as defined by MSCI, low- to middle-income economies, as classified by the World Bank, as well as countries with similar characteristics. The adviser considers an issuers domicile, incorporation, primary listing, and location of at least 50% of its assets to determine if it is economically tied to emerging markets. Additionally, issuers must derive at least 50% of their revenues from, classified as part of, or included in an index representing emerging markets. Starting with fundamental analyst research and security recommendations, and reference portfolios managed by Fidelity, a quantitative portfolio construction process is applied to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund is actively managed and includes firms of all sizes.
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
Electronic Technology
Finance
Technology Services
Stocks98.41%
Electronic Technology26.54%
Finance23.38%
Technology Services13.43%
Retail Trade8.26%
Non-Energy Minerals4.14%
Producer Manufacturing3.70%
Energy Minerals3.62%
Health Technology3.50%
Industrial Services2.97%
Transportation1.57%
Communications1.47%
Consumer Non-Durables1.36%
Consumer Durables1.33%
Utilities1.16%
Consumer Services1.04%
Health Services0.61%
Commercial Services0.32%
Bonds, Cash & Other1.59%
UNIT0.96%
Cash0.46%
Government0.17%
Stock breakdown by region
Asia71.72%
Europe8.79%
Latin America6.72%
North America4.68%
Middle East4.25%
Africa3.78%
Oceania0.05%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FFEM invests in stocks. The fund's major sectors are Electronic Technology, with 26.54% stocks, and Finance, with 23.38% of the basket. The assets are mostly located in the Asia region.
FFEM top holdings are Taiwan Semiconductor Manufacturing Co., Ltd. and Tencent Holdings Ltd, occupying 12.44% and 8.40% of the portfolio correspondingly.
FFEM last dividends amounted to 0.17 USD. The quarter before, the issuer paid 0.07 USD in dividends, which shows a 56.89% increase.
FFEM assets under management is 11.69 M USD. It's risen 1.50% over the last month.
FFEM fund flows account for 0.00 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, FFEM pays dividends to its holders with the dividend yield of 1.26%. The last dividend (Jun 24, 2025) amounted to 0.17 USD. The dividends are paid quarterly.
FFEM shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Nov 19, 2024, and its management style is Active.
FFEM expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
FFEM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FFEM invests in stocks.
FFEM price has risen by 3.24% over the last month, and its yearly performance shows a 8.35% increase. See more dynamics on FFEM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.02% over the last month, showed a 10.11% increase in three-month performance and has increased by 20.86% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.02% over the last month, showed a 10.11% increase in three-month performance and has increased by 20.86% in a year.
FFEM trades at a premium (0.52%) meaning the ETF is trading at a higher price than the calculated NAV.