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Fidelity International Multifactor ETF (FDEV)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US3160925356

CUSIP

316092535

Issuer

Fidelity

Inception Date

Feb 26, 2019

Region

Developed Markets (Broad)

Leveraged

1x

Index Tracked

Fidelity Targeted International Factor Index

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

FDEV has an expense ratio of 0.39%, placing it in the medium range.


Expense ratio chart for FDEV: current value is 0.39%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FDEV: 0.39%

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.


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.


20.00%40.00%60.00%80.00%100.00%120.00%NovemberDecember2025FebruaryMarchApril
43.56%
96.98%
FDEV (Fidelity International Multifactor ETF)
Benchmark (^GSPC)

Returns By Period

Fidelity International Multifactor ETF had a return of 11.25% year-to-date (YTD) and 15.88% in the last 12 months.


FDEV

YTD

11.25%

1M

1.68%

6M

6.80%

1Y

15.88%

5Y*

9.28%

10Y*

N/A

^GSPC (Benchmark)

YTD

-6.75%

1M

-5.05%

6M

-5.60%

1Y

8.15%

5Y*

14.14%

10Y*

10.05%

*Annualized

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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20253.44%1.98%2.53%2.86%11.25%
20240.44%1.03%2.58%-2.62%4.25%-1.75%4.38%4.16%0.73%-4.67%1.21%-3.53%5.83%
20236.49%-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%
20191.59%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

With an overall rank of 86, FDEV is among the top 14% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FDEV is 8686
Overall Rank
The Sharpe Ratio Rank of FDEV is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of FDEV is 8585
Sortino Ratio Rank
The Omega Ratio Rank of FDEV is 8585
Omega Ratio Rank
The Calmar Ratio Rank of FDEV is 9191
Calmar Ratio Rank
The Martin Ratio Rank of FDEV is 8383
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 International Multifactor ETF (FDEV) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The chart of Sharpe ratio for FDEV, currently valued at 1.15, compared to the broader market-1.000.001.002.003.004.00
FDEV: 1.15
^GSPC: 0.49
The chart of Sortino ratio for FDEV, currently valued at 1.73, compared to the broader market-2.000.002.004.006.008.00
FDEV: 1.73
^GSPC: 0.81
The chart of Omega ratio for FDEV, currently valued at 1.23, compared to the broader market0.501.001.502.002.50
FDEV: 1.23
^GSPC: 1.12
The chart of Calmar ratio for FDEV, currently valued at 1.70, compared to the broader market0.002.004.006.008.0010.0012.00
FDEV: 1.70
^GSPC: 0.50
The chart of Martin ratio for FDEV, currently valued at 4.60, compared to the broader market0.0020.0040.0060.00
FDEV: 4.60
^GSPC: 2.07

The current Fidelity International Multifactor ETF Sharpe ratio is 1.15. 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 International 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 Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
1.15
0.49
FDEV (Fidelity International Multifactor ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity International Multifactor ETF provided a 2.77% dividend yield over the last twelve months, with an annual payout of $0.84 per share. The fund has been increasing its distributions for 2 consecutive years.


1.80%2.00%2.20%2.40%2.60%2.80%3.00%$0.00$0.20$0.40$0.60$0.80201920202021202220232024
Dividends
Dividend Yield
PeriodTTM202420232022202120202019
Dividend$0.84$0.82$0.75$0.64$0.84$0.52$0.73

Dividend yield

2.77%2.99%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.23$0.00$0.23
2024$0.00$0.00$0.22$0.00$0.00$0.27$0.00$0.00$0.20$0.00$0.00$0.14$0.82
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.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril0
-10.73%
FDEV (Fidelity International Multifactor ETF)
Benchmark (^GSPC)

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.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-30.11%Jan 21, 202044Mar 23, 2020174Nov 27, 2020218
-29.02%Sep 7, 2021267Sep 27, 2022449Jul 12, 2024716
-9.82%Mar 20, 202513Apr 7, 202510Apr 22, 202523
-8.82%Sep 27, 202473Jan 13, 202535Mar 5, 2025108
-5.85%Jul 5, 201929Aug 14, 201952Oct 28, 201981

Volatility

Volatility Chart

The current Fidelity International Multifactor ETF volatility is 9.80%, 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%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
9.80%
14.23%
FDEV (Fidelity International Multifactor ETF)
Benchmark (^GSPC)