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Portfolio Composition:  FDEM

FIDELITY TARGETED EMERGING MARKETS FACTOR ETF

23.6797   -0.0854 (-0.3594%)

AS OF 4:10:00pm ET 08/13/2020 Quotes delayed at least 15 minutes.

ETP's Prospectus Stated Objectives

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.

Asset Classification Equity
Geography Objective Emerging Markets
Capitalization / Style Objective Broad/Multi Cap / Core or Blend
Investment Philosophy Enhanced Strategy

ETP Portfolio Characteristics

as of 08/12/2020

Independent third-party analytics of the daily basket holdings shown below can help you compare the ETP's Prospectus Stated Objectives to the characteristics of its underlying holdings. Their use of standardized calculations enable consistent comparison. It is important to note that they may not reflect ETF Managers' methodology to determine portfolio characteristics in buying and selling securities for the fund. Learn more about the ETF Managers' investment approach and performance in their Prospectus & Reports.

Basket Holdings

Total: 196 (Long: 195 | Short: 0)
Holdings
 Top 10 21.00%
 Other 79.00%

Top 10

005930 Samsung Electronics Co Ltd 4.00%
2330:TW Taiwan Semiconductor Manufacturing Co Ltd 3.95%
DIVI Divi's Laboratories Ltd 2.54%
1177:HK Sino Biopharmaceutical Ltd 2.02%
KLBF Kalbe Farma Tbk PT 1.70%
6409:TW Voltronic Power Technology Corp 1.41%
CASH Cash† 1.39%
HAPV3:BR Hapvida Participacoes e Investimentos SA 1.37%
TAL TAL Education Group 1.34%
MER Manila Electric Co 1.28%
†Part or all of this cash position may represent cash-in-lieu of marketable securities and not actual cash.Click here for more information. View all Basket Holdings by Weight
Banks 13.62%
Semiconductors & Semiconductor Equipment 6.11%
Transportation Infrastructure 4.85%
Pharmaceuticals 4.66%
Insurance 4.63%
Technology Hardware, Storage & Peripherals 4.56%
Food Products 4.55%
Electric Utilities 3.70%
Diversified Consumer Services 3.09%
Textiles, Apparel & Luxury Goods 2.88%
Wireless Telecommunication Services 2.66%
Oil, Gas & Consumable Fuels 2.59%
Life Sciences Tools & Services 2.54%
Automobiles 2.49%
Interactive Media & Services 2.41%
Gas Utilities 2.22%
Hotels Restaurants & Leisure 2.18%
IT Services 2.12%
Specialty Retail 1.97%
Household Products 1.73%
Diversified Telecommunication Services 1.60%
Entertainment 1.42%
Electrical Equipment 1.41%
Health Care Providers & Services 1.37%
Beverages 1.29%
Electronic Equipment, Instruments & Components 1.27%
Metals & Mining 1.24%
Internet & Direct Marketing Retail 1.14%
Commercial Services & Supplies 1.08%
Water Utilities 1.03%
Construction Materials 1.00%
Machinery 1.00%
Household Durables 1.00%
Food & Staples Retailing 0.94%
Personal Products 0.91%
Capital Markets 0.88%
Tobacco 0.87%
Media 0.76%
Road & Rail 0.71%
Chemicals 0.66%
Multiline Retail 0.44%
Thrifts & Mortgage Finance 0.21%
Software 0.21%
Diversified Financial Services 0.19%
Paper & Forest Products 0.12%
Consumer Finance 0.10%
Communications Equipment 0.02%
View full listing
Regional Exposure
Asia 72.76%
Europe 11.86%
Latin America 9.03%
Middle East 3.11%
Africa 1.65%
North America 0.20%
Country Exposure
China 23.92%
South Korea 14.46%
Taiwan 12.43%
India 10.80%
Malaysia 4.55%
Russia 4.30%
Brazil 4.24%
United Kingdom 3.24%
Indonesia 3.01%
Mexico 2.46%
Thailand 1.93%
South Africa 1.65%
Turkey 1.48%
Colombia 1.45%
Philippines 1.45%
Saudi Arabia 1.22%
United Arab Emirates 0.97%
Chile 0.89%
Switzerland 0.72%
Belgium 0.67%
Qatar 0.61%
Poland 0.37%
Egypt 0.31%
Hong Kong 0.21%
United States 0.20%
Cyprus 0.18%
Netherlands 0.09%
Market Capitalization
Large 81.76%
Mid 11.81%
Small 4.60%
Other 1.48%
Micro 0.35%

StyleMap®

as of 08/13/2020   More information
Value Blend Growth
Large
Mid
Small
Current HistoricalCurrent Fund Assets Coverage: 100%
Data provided by .

Currency Exposure More information

China Renminbi 23.92%
South Korean Won 14.46%
Taiwan Dollar 12.43%
Indian Rupee 10.80%
Malaysian Ringgit 4.55%
Russian Ruble 4.30%
Brazilian Real 4.24%
Indonesian Rupiah 3.01%
Mexican Peso 2.46%
Thai Baht 1.93%
United States Dollar 1.89%
Euro 1.75%
South African Rand 1.65%
British Pound 1.54%
Turkish Lira 1.48%
Colombian Peso 1.45%
Philippines Peso 1.45%
Saudi Riyal 1.22%
View full listing

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.

Important Additional Risk Information: Fidelity Active Equity ETFs
These ETFs are different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. These ETFs will not. This may create additional risks for your investment. For example, you may have to pay more money to trade the shares of these ETFs. These ETFs will provide less information to traders, who tend to charge more for trades when they have less information; the price you pay to buy ETF shares on an exchange may not match the value of each ETF's portfolio. The same is true when you sell shares. These price differences may be greater for these ETFs compared to other ETFs because they provide less information to traders; these additional risks may be even greater in bad or uncertain market conditions; each ETF will publish on Fidelity.com and i.Fidelity.com a "Tracking Basket" designed to help trading in shares of the ETF. While the Tracking Basket includes some of the ETF's holdings, it is not the ETF's actual portfolio. The differences between these ETFs and other ETFs may also have some advantages. By keeping certain information about the ETFs secret, they may face less risk that other traders can predict or copy their investment strategy. This may improve the ETFs' performance. However, if the investment strategy can be predicted or copied, this may hurt the ETFs' performance. For additional information regarding the unique attributes and risks of these ETFs, see section below.

The objective of the actively managed ETF Tracking Basket is to construct a portfolio of stocks and representative index ETFs that tracks the daily performance of an actively managed ETF without exposing current holdings, trading activities, or internal equity research. The Tracking Basket is designed to conceal any nonpublic information about the underlying portfolio and only uses the Fund's latest publicly disclosed holdings, representative ETFs, and the publicly known daily performance in its construction. You can gain access to the Tracking Basket and the Tracking Basket Weight overlap on Fidelity.com or i.Fidelity.com.

Although the Tracking Basket is intended to provide investors with enough information to allow for an effective arbitrage mechanism that will keep the market price of the Fund at or close to the underlying NAV per share of the Fund, there is a risk (which may increase during periods of market disruption or volatility) that market prices will vary significantly from the underlying NAV of the Fund; ETFs trading on the basis of a published Tracking Basket may trade at a wider bid/ask spread than ETFs that publish their portfolios on a daily basis, especially during periods of market disruption or volatility, and, therefore, may cost investors more to trade, and although the Fund seeks to benefit from keeping its portfolio information secret, market participants may attempt to use the Tracking Basket to identify a Fund?s trading strategy, which, if successful, could result in such market participants engaging in certain predatory trading practices that may have the potential to harm the Fund and its shareholders.

Because shares are traded in the secondary market, a broker may charge a commission to execute a transaction in shares, and an investor may incur the cost of the spread between the price at which a dealer will buy shares and the price at which a dealer will sell shares.

* 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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