Fidelity Emerging Markets Etf Profile
| FDEM Etf | USD 25.64 0.04 0.16% |
Performance1 of 100
| Odds Of DistressLess than 9
|
Fidelity Emerging is selling at 25.64 as of the 30th of November 2024; that is 0.16 percent decrease since the beginning of the trading day. The etf's lowest day price was 25.4. Fidelity Emerging has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Fidelity Emerging Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its assets in securities included in the index and in depositary receipts representing securities included in the index. Fidelity Targeted is traded on BATS Exchange in the United States. More on Fidelity Emerging Markets
Moving together with Fidelity Etf
Fidelity Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Broad Equity ETFs, Diversified Emerging Mkts, Fidelity Investments (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2019-02-28 |
| Benchmark | Fidelity Emerging Markets Multifactor Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 102.22 Million |
| Average Trading Valume | 33,712.9 |
| Asset Type | Equity |
| Category | Broad Equity |
| Focus | Strategy |
| Market Concentration | Emerging Markets |
| Region | Emerging Markets |
| Administrator | Fidelity Service Company, Inc. |
| Advisor | FMR Co., Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Fidelity Distributors Corporation |
| Portfolio Manager | Deane Gyllenhaal, Louis Bottari, Patrick Waddell, Peter Matthew, Robert Regan |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | Cboe BZX Exchange, Inc. |
| Number of Constituents | 231 |
| Market Maker | Citadel |
| Total Expense | 0.25 |
| Management Fee | 0.25 |
| Country Name | USA |
| Returns Y T D | 9.97 |
| Name | Fidelity Emerging Markets Multifactor ETF |
| Currency Code | USD |
| Open Figi | BBG00NFRH7V5 |
| In Threey Volatility | 14.22 |
| 1y Volatility | 11.06 |
| 200 Day M A | 25.6424 |
| 50 Day M A | 26.4093 |
| Code | FDEM |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
Fidelity Emerging Markets [FDEM] is traded in USA and was established 2019-02-26. The fund is listed under Diversified Emerging Mkts category and is part of Fidelity Investments family. The entity is thematically classified as Strategy ETFs. Fidelity Emerging Markets currently have 19.51 M in assets under management (AUM). , while the total return for the last 3 years was 4.4%.
Check Fidelity Emerging Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity Emerging Markets Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Fidelity Emerging Markets Currency Exposure
Fidelity Emerging Markets holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Fidelity Emerging will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Fidelity Emerging Markets.
Top Fidelity Emerging Markets Etf Constituents
| 012330 | Hyundai Mobis | Stock | Consumer Discretionary | |
| AKBNK | Akbank TAS | Stock | Financials | |
| 2412 | Chunghwa Telecom Co | Stock | Communication Services | |
| 5880 | Taiwan Cooperative Financial | Stock | Financials | |
| 2458 | Elan Microelectronics Corp | Stock | Information Technology | |
| RECLTD | REC Limited | Stock | Financials | |
| POLYCAB | Polycab India Limited | Stock | Industrials | |
| AUROPHARMA | Aurobindo Pharma Limited | Stock | Health Care |
Fidelity Emerging Markets Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity Emerging. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.0002) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.17) | |||
| Treynor Ratio | (0.05) |
Fidelity Emerging Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity Emerging Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in income. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of Fidelity Emerging Markets is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity Emerging's value that differs from its market value or its book value, called intrinsic value, which is Fidelity Emerging's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity Emerging's market value can be influenced by many factors that don't directly affect Fidelity Emerging's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity Emerging's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity Emerging is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity Emerging's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.