Key stats
About Fidelity Emerging Markets Multifactor ETF
Home page
Inception date
Feb 26, 2019
Structure
Open-Ended Fund
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
Stocks99.20%
Finance26.79%
Health Technology12.07%
Consumer Non-Durables9.48%
Technology Services8.77%
Energy Minerals7.18%
Retail Trade5.56%
Producer Manufacturing5.01%
Communications4.77%
Distribution Services3.18%
Consumer Durables2.89%
Commercial Services2.67%
Industrial Services2.17%
Non-Energy Minerals1.83%
Electronic Technology1.60%
Process Industries1.58%
Health Services1.26%
Consumer Services1.09%
Utilities1.02%
Transportation0.26%
Bonds, Cash & Other0.80%
Cash0.81%
Government0.01%
Futures−0.01%
Stock breakdown by region
Europe54.16%
Asia25.96%
North America13.44%
Oceania4.07%
Middle East2.36%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history