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
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
Consumer Non-Durables
Stocks99.48%
Finance27.80%
Health Technology13.22%
Consumer Non-Durables10.16%
Energy Minerals7.26%
Technology Services5.32%
Retail Trade4.77%
Producer Manufacturing4.66%
Communications4.16%
Commercial Services3.18%
Consumer Durables3.13%
Electronic Technology2.84%
Distribution Services2.38%
Industrial Services1.95%
Non-Energy Minerals1.87%
Process Industries1.71%
Consumer Services1.45%
Health Services1.43%
Transportation1.10%
Utilities0.90%
Bonds, Cash & Other0.52%
Cash0.69%
Government0.02%
Futures−0.01%
Miscellaneous−0.18%
Stock breakdown by region
Europe54.55%
Asia25.42%
North America13.14%
Oceania4.83%
Middle East2.06%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history