ATLASFidelity Emerging Markets Multifactor ETF (FDEM): outlook, holdings and fees
Fidelity Emerging Markets Multifactor ETF (FDEM) is an exchange-traded fund and is managed by Fidelity Investments. The expense ratio is 0.26% and the yield is 3.11%. The ten largest holdings are 35% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FDEM
| Last price | $33.39 (-2.2%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 54% |
| Likely 1-month range (50%) | $32.50 – $34.61 |
| Normal 1-day range (±1σ) | ±1.1% |
| Distribution yield | 3.11% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FDEM fund facts
| Issuer | Fidelity Investments |
|---|---|
| Theme | Emerging markets |
| Assets under management | $591M |
| Expense ratio | 0.26% |
| Number of holdings | 49 |
| Portfolio turnover | 85% |
| Inception | Feb 26, 2019 |
| Exchange | CBOE |
The fund normally invests at least 80% of its assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization emerging markets companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader emerging markets equity market, and lower correlation to the U.S. equity market.
FDEM top holdings
| Holding | Sector | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. 2330 | Technology | 12.92% |
| Samsung Electronics Co Ltd SSNLF | Technology | 7.26% |
| SK Hynix Inc 000660 | Technology | 4.68% |
| China Resources Mixc Lifestyle Serv 1209 | Real Estate | 1.85% |
| Petróleo Brasileiro S.A. - Petrobras PETR4 | Energy | 1.72% |
| MediaTek Inc 2454 | Technology | 1.65% |
| TRUST FIBRA UNO MXCFFU000001 | – | 1.45% |
| WuXi AppTec Co Ltd H 2359 | Healthcare | 1.41% |
| Bumrungrad Hospital PCL DRC BUGDF | Healthcare | 1.33% |
| Aurobindo Pharma Limited AUROPHARMA | Healthcare | 1.12% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FDEM sector breakdown
| Sector | Weight |
|---|---|
| Technology | 37.1% |
| Financial Services | 15.4% |
| Consumer Cyclicals | 11.7% |
| Basic Materials | 10.3% |
| Healthcare | 7.2% |
| Energy | 7.0% |
| Real Estate | 5.1% |
| Industrials | 3.9% |
| Communication Services | 2.3% |
By region: Asia Developed 44.2%, Asia Emerging 34.3%, Latin America 9.7%, Africa/Middle East 7.4%, Europe Emerging 2.8%.
FDEM returns and risk
| Year to date | +18.1% |
|---|---|
| 1 year | +25.5% |
| 3 years (annualised) | +21.7% |
| 5 years (annualised) | +11.0% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 14.6% |
| Sharpe ratio (3 years) | 1.02 |
Past returns do not guarantee future results.
FDEM: frequently asked questions
What does FDEM invest in?
Fidelity Emerging Markets Multifactor ETF invests in a portfolio of securities. Its largest holdings are Taiwan Semiconductor Manufacturing Co. Ltd. (12.9%), Samsung Electronics Co Ltd (7.3%), SK Hynix Inc (4.7%), China Resources Mixc Lifestyle Serv (1.9%), Petróleo Brasileiro S.A. - Petrobras (1.7%).
What is the FDEM expense ratio?
0.26% a year: about $26.00 for every $10,000 invested.
What is the FDEM dividend yield?
3.11%. ATLAS does not hold the exact distribution dates for ETFs.
Will FDEM go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 54%, with a likely range (50%) of $32.50 to $34.61 from $33.39 today. It is a probability, not a prediction.
How has FDEM performed?
Year to date +18.1%, one year +25.5%, three years +21.7% a year, five years +11.0% a year. Past returns do not guarantee future results.
Similar ETFs: Emerging markets
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- Vanguard FTSE Emerging Markets ETF (VWO)
- iShares MSCI Emerging Markets ETF (EEM)
- Avantis Emerging Markets Equity ETF (AVEM)
- SPDR Portfolio Emerging Markets ETF (SPEM)
- Schwab Emerging Markets Equity ETF (SCHE)
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- Dimensional Emerging Core Equity Market ETF (DFAE)
Educational information, not investment advice. Disclaimer