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Fidelity Enhanced Emerging Markets ETF (FEMR) belongs to the Emerging Markets Diversified category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FEMR. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FEMR

FEMR charges 0.38% annually. There are 8 ETFs in the Emerging Markets Diversified category with lower expense ratios, going as low as 0.09%.


Best Risk-Adjusted Alternatives to FEMR

FEMR has a PortfoliosLab risk / return rank of 87. There are 15 ETFs in the Emerging Markets Diversified category with higher risk-adjusted ranks, going as high as 96.


Top Performing FEMR Alternatives (YTD)

FEMR is at 35.27% YTD. There are 12 ETFs in the Emerging Markets Diversified category with higher YTD returns, going as high as 80.39%.


Lowest Volatility Alternatives to FEMR

FEMR has 21.16% 1-year volatility. There are 29 ETFs in the Emerging Markets Diversified category with lower 1-year volatility, going as low as 14.70%.


Lowest Drawdown Alternatives to FEMR

FEMR has a 1-year max drawdown of -14.47%. There are 27 ETFs in the Emerging Markets Diversified category with shallower 1-year drawdowns, going as shallow as -9.79%.


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.


Often Compared With FEMR

Investors most often compare FEMR with FFEM, VWO, VXUS. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
Fidelity Fundamental Emerging Markets ETFEmerging Markets Diversified
90
35.17%
FEMR vs FFEM
Vanguard FTSE Emerging Markets ETFEmerging Markets Equities
61
13.82%
159.90BMar 2005FEMR vs VWO
Vanguard Total International Stock ETFGlobal Equities
63
15.39%
629.30BJan 2011FEMR vs VXUS
OneAscent Emerging Markets ETFEmerging Markets Diversified
83
37.57%
125.98MSep 2022FEMR vs OAEM
Putnam Emerging Markets Ex-China ETFEmerging Markets Diversified
91
41.25%
21.74MMay 2023FEMR vs PEMX
Avantis Emerging Markets Equity ETFForeign Large Cap Equities
85
29.38%
24.32BSep 2019FEMR vs AVEM
Polen Capital Emerging Markets ex-China Growth ETFEmerging Markets Diversified2.80MSep 2024FEMR vs PCEM
PIMCO RAFI Dynamic Multi-Factor Emerging Markets E...Emerging Markets Equities, Multi-factor
85
33.00%
146.99MAug 2017FEMR vs MFEM
Global X Emerging Markets ex-China ETFEmerging Markets Diversified
86
34.52%
63.44MSep 2010FEMR vs EMM
Avantis Emerging Markets ex-China Equity ETFEmerging Markets Diversified
89
36.02%
369.56MMar 2024FEMR vs AVXC
Matthews Emerging Markets Ex China Active ETFEmerging Markets Diversified
90
34.37%
49.54MJan 2023FEMR vs MEMX
Dimensional Emerging Markets Value ETFEmerging Markets Diversified
91
31.24%
2.01BApr 2022FEMR vs DFEV
Praxis Impact Large Cap Value ETFLarge Cap Value Equities, ESG53.64MApr 2025FEMR vs PRXV
Invesco DB Energy FundOil & Gas
71
79.50%
99.79MJan 2007FEMR vs DBE
SPDR Portfolio World ex-US ETFForeign Large Cap Equities
61
16.01%
40.50BApr 2007FEMR vs SPDW
Defiance Oil Enhanced Options Income ETFDerivative Income
56
59.86%
62.15MMay 2024FEMR vs USOY
F/m Ultrashort Treasury Inflation-Protected Securi...Inflation-Protected Bonds
98
2.64%
112.50MFeb 2025FEMR vs RBIL
VanEck Semiconductor ETFSemiconductors, Technology Equities
96
75.55%
67.82BDec 2011FEMR vs SMH
United States Oil Fund LPOil & Gas
66
98.48%
1.92BApr 2006FEMR vs USO
Goldman Sachs ActiveBeta Emerging Markets Equity E...Emerging Markets Equities
84
28.90%
1.65BSep 2015FEMR vs GEM

Compare FEMR with Any Fund or Stock

Compare FEMR with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

Pair FEMR with funds that move differently

Fidelity Enhanced Emerging Markets ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FEMR.

Explore FEMR Diversifiers