FFEM

Fidelity Fundamental Emerging Markets ETF

$32.99

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The Fidelity Fundamental Emerging Markets ETF (FFEM) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Emerging Markets Fundamental Index.

Overview

ETF tracking Fidelity Fundamental Emerging Markets ETF

Category Emerging Markets

Issuer Other

Inception Date 2024-11-21

Market Cap $13.2M

Average Volume N/A

Dividend Yield 1.13%

52-Week Range $22.07 - $33.65

VWAP $32.93

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a diversified portfolio of emerging market stocks selected based on fundamental factors such as valuation, profitability, and growth potential. The fund's holdings are weighted by these fundamental factors rather than market capitalization.

✨ Key Features

Exposure to a broad range of emerging market equities
Utilizes a fundamentally-weighted index methodology
Aims to provide long-term capital appreciation
Low expense ratio of 0.00%

⚠️ Primary Risks

Emerging markets risk: Investing in developing economies may involve greater volatility and political/economic instability
Currency risk: Returns may be impacted by fluctuations in foreign exchange rates
Concentration risk: The fund may have significant exposure to a limited number of countries or sectors
Market risk: The value of the fund's holdings may decline due to overall stock market conditions

👤 Best For

The Fidelity Fundamental Emerging Markets ETF may be suitable for long-term investors seeking broad exposure to emerging market equities and the potential for higher returns compared to market-cap weighted indexes, while being willing to accept the higher volatility and risks associated with developing economies.