(FDEM) Fidelity Emerging Markets - Overview
ETF Category: Diversified Emerging Mkts | Exchange: BATS (USA) | Market Cap: 555m USD | Total Return: 43.2% in 12m
Avg Turnover: 2.59M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The Fidelity Emerging Markets Multifactor ETF (FDEM) tracks an index of large- and mid-capitalization companies located in emerging market economies. The fund utilizes a multifactor selection process, prioritizing securities with low valuations, high-quality balance sheets, positive price momentum, and lower historical volatility compared to the broader market.
Emerging market equities typically offer exposure to regions with higher projected GDP growth rates than developed nations, though they often carry increased geopolitical and currency risk. By targeting stocks with low correlation to U.S. equities, this business model aims to provide diversification benefits within a global portfolio.
Investors can further evaluate these factor exposures by reviewing the detailed security analysis available on ValueRay. The fund maintains a mandate to invest at least 80% of its assets in the underlying index components or representative depositary receipts.
- Emerging market currency fluctuations relative to the US dollar impact net asset value
- Monetary policy shifts in China and India drive large-cap valuation trends
- Global risk appetite volatility influences capital flows into multifactor emerging market equities
- Relative performance of quality and momentum factors versus traditional market-cap benchmarks
- Geopolitical instability in developing regions increases equity risk premiums and tracking error
As of May 30, 2026, the stock is trading at USD 37.10 with a total of 82,372 shares traded.
Over the past week, the price has changed by +3.31%,
over one month by +7.16%,
over three months by +7.10% and
over the past year by +43.15%.
Fidelity Emerging Markets has no consensus analysts rating.