Fidelity Emerging Markets Mltfct ETF (FDEM)
24.37
+0.08
(+0.32%)
USD |
BATS |
Apr 24, 16:00
Price Chart
Key Stats
Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
---|---|---|---|
0.25% | 1.15% | 57.63M | 26338.40 |
Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
4.38% | 82.00% | 23.62M | Upgrade |
Basic Info
Investment Strategy | |
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Emerging Markets Multifactor Index. 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. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Large Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | International Equity |
Broad Category | Equity |
Category Name | Diversified Emerging Mkts |
Category Index | MSCI EM NR USD |
Global Category Name | Global Emerging Markets Equity |
YCharts Categorization | Emerging Markets |
YCharts Benchmark | MSCI Emerging Markets Total Return (^MSEMTR) |
Prospectus Objective | Diversified Emerging Markets |
Fund Owner Firm Name | Fidelity Investments |
Prospectus Benchmark Index | |
Fidelity Emerg Mkts Multifactor NR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^MSACXUSNTR | 100.0% |
Manager Tenure | |
Louis Bottari | 5.10 yrs |
Peter Matthew | 5.10 yrs |
Robert Regan | 5.10 yrs |
Payal Gupta | 4.76 yrs |
Navid Sohrabi | 4.59 yrs |
Performance Versus Category
As of April 23, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of April 23, 2024.
Basic Info
Investment Strategy | |
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Emerging Markets Multifactor Index. 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. |
General | |
Security Type | Exchange-Traded Fund |
Equity Style | Large Cap/Value |
Fixed Income Style | -- |
Broad Asset Class | International Equity |
Broad Category | Equity |
Category Name | Diversified Emerging Mkts |
Category Index | MSCI EM NR USD |
Global Category Name | Global Emerging Markets Equity |
YCharts Categorization | Emerging Markets |
YCharts Benchmark | MSCI Emerging Markets Total Return (^MSEMTR) |
Prospectus Objective | Diversified Emerging Markets |
Fund Owner Firm Name | Fidelity Investments |
Prospectus Benchmark Index | |
Fidelity Emerg Mkts Multifactor NR USD | 100.0% |
Broad Asset Class Benchmark Index | |
^MSACXUSNTR | 100.0% |
Manager Tenure | |
Louis Bottari | 5.10 yrs |
Peter Matthew | 5.10 yrs |
Robert Regan | 5.10 yrs |
Payal Gupta | 4.76 yrs |
Navid Sohrabi | 4.59 yrs |