Fidelity International Multifactor ETF (FDEV)
FDEV is a passive ETF by Fidelity tracking the investment results of the Fidelity Targeted International Factor Index. FDEV launched on Feb 26, 2019 and has a 0.39% expense ratio.
ETF Info
| ISIN | US3160925356 |
|---|---|
| CUSIP | 316092535 |
| Issuer | Fidelity |
| Inception Date | Feb 26, 2019 |
| Region | Developed Markets (Broad) |
| Category | Foreign Large Cap Equities |
| Leveraged | 1x |
| Index Tracked | Fidelity Targeted International Factor Index |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
FDEV features an expense ratio of 0.39%, falling within the medium range.
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: FDEV vs. IDEV, FDEV vs. AVDE, FDEV vs. NSRIX, FDEV vs. FDVV, FDEV vs. DYNF, FDEV vs. VXUS, FDEV vs. VWO, FDEV vs. FZILX, FDEV vs. FXAIX, FDEV vs. FTEC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity International 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.
Returns By Period
Fidelity International Multifactor ETF had a return of 7.99% year-to-date (YTD) and 17.07% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.99% | 25.45% |
| 1 month | -3.79% | 2.91% |
| 6 months | 2.44% | 14.05% |
| 1 year | 17.07% | 35.64% |
| 5 years (annualized) | 4.29% | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of FDEV, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.44% | 1.03% | 2.58% | -2.62% | 4.25% | -1.75% | 4.38% | 4.16% | 0.73% | -4.67% | 7.99% | ||
| 2023 | 6.49% | -3.18% | 3.63% | 3.50% | -4.59% | 3.48% | 1.91% | -2.74% | -3.19% | -2.81% | 7.03% | 4.02% | 13.37% |
| 2022 | -5.26% | -2.10% | -0.07% | -5.79% | 0.43% | -7.73% | 5.10% | -5.53% | -9.29% | 4.68% | 10.72% | -1.18% | -16.54% |
| 2021 | -1.40% | -0.28% | 3.20% | 2.56% | 2.96% | -0.50% | 2.38% | 1.49% | -4.38% | 3.34% | -3.17% | 4.72% | 11.00% |
| 2020 | -0.55% | -8.45% | -10.98% | 5.32% | 4.95% | 1.99% | 2.32% | 4.30% | -1.52% | -4.14% | 9.90% | 4.28% | 5.49% |
| 2019 | 1.59% | 0.91% | -2.11% | 4.27% | -1.79% | 0.05% | 2.06% | 2.00% | 0.34% | 2.48% | 10.06% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FDEV is 44, 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.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity International Multifactor ETF (FDEV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity International Multifactor ETF provided a 2.87% dividend yield over the last twelve months, with an annual payout of $0.81 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Dividend | $0.81 | $0.75 | $0.64 | $0.84 | $0.52 | $0.73 |
Dividend yield | 2.87% | 2.80% | 2.65% | 2.81% | 1.88% | 2.73% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity International Multifactor ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.68 | |
| 2023 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.12 | $0.75 |
| 2022 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.06 | $0.64 |
| 2021 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.29 | $0.84 |
| 2020 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.04 | $0.52 |
| 2019 | $0.13 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.19 | $0.73 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity International 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 International Multifactor ETF was 30.11%, occurring on Mar 23, 2020. Recovery took 174 trading sessions.
The current Fidelity International Multifactor ETF drawdown is 5.87%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -30.11% | Jan 21, 2020 | 44 | Mar 23, 2020 | 174 | Nov 27, 2020 | 218 |
| -29.02% | Sep 7, 2021 | 267 | Sep 27, 2022 | 449 | Jul 12, 2024 | 716 |
| -5.87% | Sep 27, 2024 | 33 | Nov 12, 2024 | — | — | — |
| -5.85% | Jul 5, 2019 | 29 | Aug 14, 2019 | 52 | Oct 28, 2019 | 81 |
| -5.44% | Feb 17, 2021 | 14 | Mar 8, 2021 | 19 | Apr 5, 2021 | 33 |
Volatility
Volatility Chart
The current Fidelity International Multifactor ETF volatility is 3.56%, 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.