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Fidelity Emerging Markets Multifactor ETF (FDEM)

ETF · Currency in USD · Last updated May 21, 2022

FDEM is a passive ETF by Fidelity tracking the investment results of the Fidelity Targeted Emerging Markets Factor Index. FDEM launched on Feb 26, 2019 and has a 0.45% expense ratio.

ETF Info

  • ISINUS3160925430
  • CUSIP316092543
  • IssuerFidelity
  • Inception DateFeb 26, 2019
  • RegionEmerging Markets (Broad)
  • CategoryEmerging Markets Equities
  • Expense Ratio0.45%
  • Index TrackedFidelity Targeted Emerging Markets Factor Index
  • Asset ClassEquity
  • Asset Class Size

    Large-Cap
  • Asset Class Style

    Blend

Trading Data

  • Previous Close$22.98
  • Year Range$22.08 - $28.33
  • EMA (50)$23.68
  • EMA (200)$25.18
  • Average Volume$5.45K

FDEMShare Price Chart


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FDEMPerformance

The chart shows the growth of $10,000 invested in Fidelity Emerging Markets Multifactor ETF on Mar 1, 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $9,532 for a total return of roughly -4.68%. All prices are adjusted for splits and dividends.


FDEM (Fidelity Emerging Markets Multifactor ETF)
Benchmark (^GSPC)

FDEMReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-4.25%-12.57%
YTD-10.07%-18.14%
6M-10.96%-17.07%
1Y-15.29%-5.21%
5Y-1.47%11.01%
10Y-1.47%11.01%

FDEMMonthly Returns Heatmap


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FDEMSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Fidelity Emerging Markets Multifactor ETF Sharpe ratio is -0.90. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


FDEM (Fidelity Emerging Markets Multifactor ETF)
Benchmark (^GSPC)

FDEMDividend History

Fidelity Emerging Markets Multifactor ETF granted a 3.09% dividend yield in the last twelve months, as of May 21, 2022. The annual payout for that period amounted to $0.71 per share.


PeriodTTM202120202019
Dividend$0.71$0.70$0.50$0.61

Dividend yield

3.09%2.72%1.89%2.52%

FDEMDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


FDEM (Fidelity Emerging Markets Multifactor ETF)
Benchmark (^GSPC)

FDEMWorst Drawdowns

The table below shows the maximum drawdowns of the Fidelity Emerging Markets Multifactor ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Fidelity Emerging Markets Multifactor ETF is 33.65%, recorded on Mar 23, 2020. It took 178 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-33.65%Jan 21, 202044Mar 23, 2020178Dec 3, 2020222
-22.21%Feb 17, 2021313May 12, 2022
-11.5%Mar 1, 2019116Aug 14, 201987Dec 17, 2019203
-4.01%Jan 27, 20213Jan 29, 20215Feb 5, 20218
-1.95%Dec 21, 20204Dec 24, 20202Dec 29, 20206
-1.79%Jan 15, 20211Jan 15, 20212Jan 20, 20213
-1.61%Jan 3, 20202Jan 6, 20204Jan 10, 20206
-0.8%Jan 11, 20211Jan 11, 20213Jan 14, 20214
-0.79%Dec 30, 20192Dec 31, 20191Jan 2, 20203
-0.68%Jan 14, 20202Jan 15, 20202Jan 17, 20204

FDEMVolatility Chart

Current Fidelity Emerging Markets Multifactor ETF volatility is 21.04%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


FDEM (Fidelity Emerging Markets Multifactor ETF)
Benchmark (^GSPC)

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