Fidelity Emerging Markets Multifactor ETF

Frequently Asked Questions About FDEM

What does FDEM invest in?

The fund normally invests at least 80% of its assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization emerging markets companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader emerging markets equity market, and lower correlation to the U.S. equity market.

What is the expense ratio of FDEM?

Fidelity Emerging Markets Multifactor ETF (FDEM) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FDEM?

Fidelity Emerging Markets Multifactor ETF (FDEM) manages $587.0M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FDEM actively managed or an index fund?

FDEM's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FDEM launched?

Fidelity Emerging Markets Multifactor ETF (FDEM) launched in February 2019 and is managed by Fidelity.

How has FDEM performed?

FDEM's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.