Fidelity International Multifactor ETF (FDEV) belongs to the Foreign Large Cap Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FDEV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FDEV
FDEV charges 0.39% annually. There are 76 ETFs in the Foreign Large Cap Equities category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard FTSE Developed Markets ETF | 0.03% | 317.30B | Jul 2007 | FDEV vs VEA | |
| SPDR Portfolio World ex-US ETF | 0.04% | 41.37B | Apr 2007 | FDEV vs SPDW | |
| Vanguard FTSE All-World ex-US ETF | 0.04% | 94.40B | Mar 2007 | FDEV vs VEU | |
| BNY Mellon International Equity ETF | 0.04% | 1.25B | Apr 2020 | FDEV vs BKIE | |
| iShares Core MSCI International Developed Markets ... | 0.05% | 30.71B | Mar 2017 | FDEV vs IDEV |
Best Risk-Adjusted Alternatives to FDEV
FDEV has a PortfoliosLab risk / return rank of 39. There are 134 ETFs in the Foreign Large Cap Equities category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| KraneShares MSCI Emerging Markets ex China Index E... | 91 | 137.31M | Apr 2019 | FDEV vs KEMX | |
| Pacer Nasdaq International Patent Leaders ETF | 91 | 145.53M | Sep 2024 | FDEV vs PATN | |
| Vident International Equity Fund | 89 | 393.41M | Oct 2013 | FDEV vs VIDI | |
| Xtrackers MSCI All World ex US Hedged Equity ETF | 88 | 271.57M | Jan 2014 | FDEV vs DBAW | |
| iShares Currency Hedged MSCI ACWI ex U.S. ETF | 88 | 355.60M | Jun 2015 | FDEV vs HAWX |
Top Performing FDEV Alternatives (YTD)
FDEV is at 4.68% YTD. There are 160 ETFs in the Foreign Large Cap Equities category with higher YTD returns, going as high as 55.22%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Renaissance International IPO ETF | 55.22% | 11.77M | Oct 2014 | FDEV vs IPOS | |
| KraneShares MSCI Emerging Markets ex China Index E... | 46.93% | 137.31M | Apr 2019 | FDEV vs KEMX | |
| First Trust International Equity Opportunities ETF | 46.30% | 241.42M | Nov 2014 | FDEV vs FPXI | |
| Pacer Nasdaq International Patent Leaders ETF | 42.01% | 145.53M | Sep 2024 | FDEV vs PATN | |
| Wahed Dow Jones Islamic World ETF | 36.44% | 292.51M | Jan 2022 | FDEV vs UMMA |
Lowest Volatility Alternatives to FDEV
FDEV has 11.97% 1-year volatility. There are 12 ETFs in the Foreign Large Cap Equities category with lower 1-year volatility, going as low as 7.68%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares International Volatility Wtd ETF | 7.68% | 31.30M | Aug 2015 | FDEV vs CIL | |
| AB International Buffer ETF | 8.58% | 122.81M | Dec 2024 | FDEV vs BUFI | |
| First Trust S&P International Dividend Aristocrats... | 10.31% | 160.79M | Aug 2013 | FDEV vs FID | |
| iShares MSCI EAFE Min Vol Factor ETF | 10.59% | 5.07B | Oct 2011 | FDEV vs EFAV | |
| Hartford Multifactor Developed Markets (ex-US) ETF | 10.94% | 1.57B | Feb 2015 | FDEV vs RODM |
Lowest Drawdown Alternatives to FDEV
FDEV has a 1-year max drawdown of -8.46%. There are 12 ETFs in the Foreign Large Cap Equities category with shallower 1-year drawdowns, going as shallow as -4.60%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| VictoryShares International Volatility Wtd ETF | -4.60% | 31.30M | Aug 2015 | FDEV vs CIL | |
| Global X MSCI SuperDividend® EAFE ETF | -5.30% | 48.48M | Nov 2016 | FDEV vs EFAS | |
| AB International Buffer ETF | -5.69% | 122.81M | Dec 2024 | FDEV vs BUFI | |
| ALPS International Sector Dividend Dogs ETF | -6.47% | 518.88M | Jun 2013 | FDEV vs IDOG | |
| iShares MSCI EAFE Min Vol Factor ETF | -6.49% | 5.07B | Oct 2011 | FDEV vs EFAV |
Other ETFs from Fidelity
The 10 most viewed Fidelity ETFs shown here include FTEC, FDVV, FBTC and span 7 categories. AUM among these funds goes as high as $26B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity MSCI Information Technology Index ETF | Technology Equities | 70 | 28.31% | 21.38B | Oct 2013 | FDEV vs FTEC | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 65 | 8.30% | 9.77B | Sep 2016 | FDEV vs FDVV | |
| Fidelity Wise Origin Bitcoin Fund | Cryptocurrency | 3 | -26.51% | 13.40B | Jan 2024 | FDEV vs FBTC | |
| Fidelity Total Bond ETF | Intermediate Core-Plus Bond | 36 | 0.61% | 26.06B | Oct 2014 | FDEV vs FBND | |
| Fidelity Nasdaq Composite Index ETF | Large Cap Growth Equities | 62 | 13.30% | 10.92B | Sep 2003 | FDEV vs ONEQ | |
| Fidelity Blue Chip Growth ETF | Large Cap Growth Equities | 53 | 13.26% | 6.91B | Jun 2020 | FDEV vs FBCG | |
| Fidelity Enhanced Large Cap Core ETF | Large Cap Blend Equities | 70 | 10.25% | 7.64B | Apr 2007 | FDEV vs FELC | |
| Fidelity MSCI Utilities Index ETF | Utilities Equities | 28 | 6.00% | 2.35B | Oct 2013 | FDEV vs FUTY | |
| Fidelity Ethereum Fund | Cryptocurrency | 6 | -41.68% | 994.18M | Jul 2024 | FDEV vs FETH | |
| Fidelity Enhanced Large Cap Growth ETF | Large Cap Growth Equities | 37 | 4.06% | 5.76B | Nov 2023 | FDEV vs FELG |
Often Compared With FDEV
Investors most often compare FDEV with VXUS, FZILX, AVDE. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FDEV with Any Fund or Stock
Compare FDEV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FDEV with funds that move differently
Fidelity International Multifactor ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FDEV.
Explore FDEV Diversifiers