Key stats
About Fidelity Emerging Markets Multifactor ETF
Expense ratio
0.18%
Home page
Inception date
Feb 26, 2019
FDEV tracks an index of large- and midcap developed market ex-US stocks selected and weighted using a wide variety of valuation metrics. The fund looks for a combination of attractive valuation, high quality profiles, positive momentum signals, lower volatility than international equities at large, and lower correlation to the US equity market. FDEV uses various criteria in deciding the country a particular stock is tied to. This includes country of incorporation or registration, location of headquarters, primary stock exchange listing, and geographic breakdown of revenues and assets.
Classification
What's in the fund
Exposure type
Finance
Health Technology
Consumer Non-Durables
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.