Fidelity ETFs
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Snapshot:  FDEM


21.0165   0.435 (2.11%)

AS OF 2:31:13pm ET 05/26/2020 Quotes delayed at least 15 minutes.
Bid 10.48
Bid Size 2
Ask 31.42
Ask Size 2
Open 20.98
High 21.099
Low 20.98
Previous Close 21.0165
Price Performance (Last 52 Wk)
as of 05/26/2020
Bid/Ask Spread (1 Month Average)
as of 03/31/2020
Premium / Discount (Previous Day)
as of 05/26/2020
Premium / Discount (1 Month Rolling Average)
as of 05/26/2020
Volume (90-Day Average)
Tracking Error 1.22
Detailed Quote

ETP Type


Asset Class


Geography Objective

Emerging Markets

Capitalization / Style Objective

Broad/Multi Cap / Core or Blend

Net Assets
AS OF 05/26/2020


Net Expense Ratio



Fidelity Management & Research

Inception Date


Investment Philosophy

Enhanced Strategy

Benchmark Index

Fidelity Targeted Emerging Markets Factor Index

Index Composition


Legal Structure

Open-End Investment Company


The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Targeted Emerging Markets Factor Index. Normally investing at least 80% of its assets in securities included in the Fidelity Targeted Emerging Markets Factor Index and in depository receipts representing securities included in the index. The Fidelity Targeted Emerging Markets Factor Index is designed to reflect the performance of stocks of large- and mid-capitalization emerging markets companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader emerging markets equity market, and lower correlation to the U.S. equity market.

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There is currently no commentary available for this symbol.

Analyst Ratings

Firm Name As of Date Action Rating Report
FactSet 05/26/2020 -- F Details FactSet PDF Report
Ned Davis Research Group -- -- Log in for rating & report
XTF Inc. 03/31/2020 Downgrade 1.80000 out of 10 XTF Inc. PDF Report

Key Statistics

Price / Earnings (Trailing Twelve Months) 12.86
Price / Book 1.64
Price / Sales 1.26
Price / Cash Flow 8.87
30-day SEC Yield
AS OF 05/22/2020
Distribution Yield (TTM)
AS OF 04/30/2020
See all Key Stats


Asset Class Median
Volume (10-Day Avg)
AS OF 05/26/2020
2.6K 21.9M
1 Week Market Total Return
AS OF 05/26/2020
+1.54% +3.07%
1 Month Market Total Return
AS OF 05/26/2020
+1.28% +7.14%
1 Year Market Total Return
AS OF 05/26/2020
-7.94% -4.92%
3 Year Annualized Market Total Return
AS OF 05/26/2020
-- +0.44%
Beta (1 Year Month-End)
AS OF 04/30/2020
0.71% 0.93
Annual Turnover Ratio
AS OF 10/31/2019
34.00% 28.00%
Net Expense Ratio
AS OF 02/29/2020
0.45% 0.49%


Growth of Hypothetical $10,000 * AS OF 04/30/2020

Cumulative Total Returns AS OF 05/26/2020
NAV Return Market Return Fidelity Targeted Emerging Markets Factor Index
AS OF 05/26/2020
YTD -18.00% -17.55% -17.92%
4 Weeks +1.40% +1.28% +1.64%
13 Weeks -12.26% -11.19% -12.71%
26 Weeks -13.75% -13.77% -13.51%
Quarter-End Average Annual Total Returns AS OF 03/31/2020
NAV Return Market Return
1 Year -20.19% -20.32%
3 Year -- --
5 Year -- --
10 Year -- --
Life -19.34% -18.75%
Life as of NAV inception date: 02/26/2019   Life market returns are as of the first day the ETF traded on an exchange, which may occur a few days after the NAV inception date. Market returns are based on the closing price on the listed exchange at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Gross Expense Ratio: 0.45%

The performance data featured represents past performance, which is no guarantee of future results. Investment return and principal value of an investment will fluctuate; therefore, you may have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted.

More about Performance & Risk

Portfolio Composition

Total Basket Holdings AS OF 05/26/2020

197 (Long: 196 | Short: 0)
View All
Top 10 (19.42% of total holdings)
005930 Samsung Electronics Co Ltd 3.61%
2330:TW Taiwan Semiconductor Manufacturing Co Ltd 3.06%
DIVI Divi's Laboratories Ltd 2.07%
1177:HK Sino Biopharmaceutical Ltd 1.95%
KLBF Kalbe Farma Tbk PT 1.56%
CASH Cash? 1.48%
939:HK China Construction Bank Corp 1.47%
PETGAS Petronas Gas Bhd 1.41%
MER Manila Electric Co 1.41%
HAPV3:BR Hapvida Participacoes e Investimentos SA 1.40%
?Part or all of this cash position may represent cash-in-lieu of marketable securities and not actual cash. Click here for more information. More about Portfolio Composition


as of 05/26/2020 More information
Value Blend Growth
Large StyleMap: Large Blend
Current Historical Current Fund Assets Coverage: 100%
Data provided by . More about Portfolio Composition

ETFs are subject to management fees as well as other expenses including brokerage commissions. Please contact your investment professional for more information on applicable brokerage fees. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and may only be redeemed directly with the fund by Authorized Participants in creation units.

* A hypothetical $10,000 investment made in the fund ten years ago, or on commencement of operations for funds lacking a ten-year track record. Figures include reinvestment of capital gains and dividends, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. This chart is not intended to imply any future performance of the fund.

The performance data shown represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. Click on the "Performance & Risk" link to view quarter-end performance.

Average annual total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated. Since ETFs are bought and sold at prices set by the market - which can result in a premium or discount to NAV- the returns calculated using market price (market return) can differ from those calculated using NAV (NAV return).

Basket holdings, asset allocation, market sectors, industry exposure, and geographical diversification are as of the date indicated and may not be representative of the fund's current or future investments.

© 2014 Morningstar, Inc. All rights reserved. The Morningstar information contained herein (1) is proprietary to Morningstar or its affiliates; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, or, if available, a summary prospectus containing this information. Read it carefully.


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