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Fidelity Emerging Markets Multifactor ETF (FDEM)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US3160925430

CUSIP

316092543

Issuer

Fidelity

Inception Date

Feb 26, 2019

Region

Emerging Markets (Broad)

Leveraged

1x

Index Tracked

Fidelity Targeted Emerging Markets Factor Index

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FDEM vs. FEMSX FDEM vs. EMGF FDEM vs. IEMG FDEM vs. VWO FDEM vs. OBEMX FDEM vs. IGRO FDEM vs. DFEMX FDEM vs. VOO FDEM vs. FXAIX FDEM vs. AVEM
Popular comparisons:
FDEM vs. FEMSX FDEM vs. EMGF FDEM vs. IEMG FDEM vs. VWO FDEM vs. OBEMX FDEM vs. IGRO FDEM vs. DFEMX FDEM vs. VOO FDEM vs. FXAIX FDEM vs. AVEM

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Emerging Markets Multifactor ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
0.48%
12.53%
FDEM (Fidelity Emerging Markets Multifactor ETF)
Benchmark (^GSPC)

Returns By Period

Fidelity Emerging Markets Multifactor ETF had a return of 9.97% year-to-date (YTD) and 16.06% in the last 12 months.


FDEM

YTD

9.97%

1M

-2.61%

6M

0.49%

1Y

16.06%

5Y (annualized)

4.31%

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

25.15%

1M

2.97%

6M

12.53%

1Y

31.00%

5Y (annualized)

13.95%

10Y (annualized)

11.21%

Monthly Returns

The table below presents the monthly returns of FDEM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-1.29%2.66%2.42%-0.20%3.35%1.44%1.29%0.02%5.29%-3.55%9.97%
20235.22%-4.53%3.22%1.99%-3.09%3.42%5.91%-2.89%-0.78%-3.52%7.49%4.56%17.26%
20221.32%-4.49%-1.03%-4.35%1.25%-7.24%-0.95%1.11%-8.60%-0.31%13.16%-2.19%-13.11%
20210.77%-0.44%1.03%1.39%1.83%0.62%-5.36%0.54%-3.46%0.29%-2.19%1.68%-3.52%
2020-4.76%-5.30%-16.32%8.41%2.77%3.73%5.21%0.67%-0.20%0.20%9.02%8.11%8.87%
20190.19%1.22%-5.62%5.46%-2.17%-2.69%1.69%3.47%-0.98%5.61%5.73%

Expense Ratio

FDEM features an expense ratio of 0.45%, falling within the medium range.


Expense ratio chart for FDEM: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FDEM is 40, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of FDEM is 4040
Combined Rank
The Sharpe Ratio Rank of FDEM is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of FDEM is 3838
Sortino Ratio Rank
The Omega Ratio Rank of FDEM is 3737
Omega Ratio Rank
The Calmar Ratio Rank of FDEM is 4545
Calmar Ratio Rank
The Martin Ratio Rank of FDEM is 4343
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Emerging Markets Multifactor ETF (FDEM) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FDEM, currently valued at 1.18, compared to the broader market0.002.004.001.182.53
The chart of Sortino ratio for FDEM, currently valued at 1.75, compared to the broader market-2.000.002.004.006.008.0010.0012.001.753.39
The chart of Omega ratio for FDEM, currently valued at 1.21, compared to the broader market0.501.001.502.002.503.001.211.47
The chart of Calmar ratio for FDEM, currently valued at 1.23, compared to the broader market0.005.0010.0015.0020.001.233.65
The chart of Martin ratio for FDEM, currently valued at 5.74, compared to the broader market0.0020.0040.0060.0080.00100.00120.005.7416.21
FDEM
^GSPC

The current Fidelity Emerging Markets Multifactor ETF Sharpe ratio is 1.18. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Emerging Markets Multifactor ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.18
2.53
FDEM (Fidelity Emerging Markets Multifactor ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Emerging Markets Multifactor ETF provided a 3.31% dividend yield over the last twelve months, with an annual payout of $0.85 per share. The fund has been increasing its distributions for 3 consecutive years.


2.00%2.50%3.00%3.50%4.00%4.50%$0.00$0.20$0.40$0.60$0.80$1.0020192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019
Dividend$0.85$1.06$0.85$0.70$0.50$0.61

Dividend yield

3.31%4.41%3.95%2.71%1.84%2.39%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Emerging Markets Multifactor ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.12$0.00$0.00$0.36$0.00$0.00$0.24$0.00$0.00$0.72
2023$0.00$0.00$0.11$0.00$0.00$0.39$0.00$0.00$0.42$0.00$0.00$0.14$1.06
2022$0.00$0.00$0.10$0.00$0.00$0.37$0.00$0.00$0.25$0.00$0.00$0.12$0.85
2021$0.00$0.00$0.09$0.00$0.00$0.27$0.00$0.00$0.18$0.00$0.00$0.17$0.70
2020$0.00$0.00$0.11$0.00$0.00$0.19$0.00$0.00$0.11$0.00$0.00$0.10$0.50
2019$0.03$0.00$0.00$0.23$0.00$0.00$0.23$0.00$0.00$0.14$0.61

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.65%
-0.53%
FDEM (Fidelity Emerging Markets Multifactor ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Emerging Markets Multifactor ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Emerging Markets Multifactor ETF was 33.65%, occurring on Mar 23, 2020. Recovery took 178 trading sessions.

The current Fidelity Emerging Markets Multifactor ETF drawdown is 6.65%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-33.65%Jan 21, 202044Mar 23, 2020178Dec 3, 2020222
-29.33%Feb 17, 2021431Oct 31, 2022386May 15, 2024817
-9.65%Apr 18, 201982Aug 14, 201957Nov 4, 2019139
-8.18%Sep 27, 202435Nov 14, 2024
-7.7%Jul 15, 202417Aug 6, 202434Sep 24, 202451

Volatility

Volatility Chart

The current Fidelity Emerging Markets Multifactor ETF volatility is 4.30%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.30%
3.97%
FDEM (Fidelity Emerging Markets Multifactor ETF)
Benchmark (^GSPC)