Key stats
About Fidelity Emerging Markets Multifactor ETF
Home page
Inception date
Feb 26, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Co. LLC
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Stocks99.26%
Finance26.55%
Health Technology11.96%
Consumer Non-Durables8.97%
Technology Services8.87%
Energy Minerals7.15%
Retail Trade5.47%
Producer Manufacturing5.24%
Communications4.62%
Distribution Services3.21%
Consumer Durables2.98%
Commercial Services2.58%
Industrial Services2.10%
Non-Energy Minerals1.78%
Electronic Technology1.74%
Process Industries1.60%
Health Services1.43%
Utilities1.10%
Consumer Services1.10%
Miscellaneous0.54%
Transportation0.28%
Bonds, Cash & Other0.74%
Mutual fund0.35%
Cash0.29%
Futures0.05%
Government0.02%
Miscellaneous0.02%
Stock breakdown by region
Europe54.14%
Asia25.32%
North America13.63%
Oceania4.36%
Middle East2.55%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FDEV invests in stocks. The fund's major sectors are Finance, with 26.55% stocks, and Health Technology, with 11.96% of the basket. The assets are mostly located in the Europe region.
FDEV top holdings are PSP Swiss Property AG and Daito Trust Construction Co., Ltd., occupying 1.66% and 1.59% of the portfolio correspondingly.
FDEV last dividends amounted to 0.23 USD. The quarter before, the issuer paid 0.14 USD in dividends, which shows a 42.06% increase.
FDEV assets under management is 157.24 M USD. It's risen 9.98% over the last month.
FDEV fund flows account for 66.52 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FDEV pays dividends to its holders with the dividend yield of 2.61%. The last dividend (Mar 25, 2025) amounted to 0.23 USD. The dividends are paid quarterly.
FDEV shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Feb 26, 2019, and its management style is Passive.
FDEV expense ratio is 0.19% meaning you'd have to pay 0.19% of your investment to help manage the fund.
FDEV follows the Fidelity International Multifactor Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FDEV invests in stocks.
FDEV price has risen by 2.92% over the last month, and its yearly performance shows a 14.44% increase. See more dynamics on FDEV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.36% over the last month, showed a 8.72% increase in three-month performance and has increased by 17.65% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.36% over the last month, showed a 8.72% increase in three-month performance and has increased by 17.65% in a year.
FDEV trades at a premium (0.38%) meaning the ETF is trading at a higher price than the calculated NAV.