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Fidelity Emerging Markets Multifactor ETF (FDEM)

Diversified Emerging Mkts | Exchange Traded Fund | Cboe US
34.82 USD -1.08 (-3.008%) ⇩ (July 13, 2026, 3:59 p.m. EDT)
After hours: 34.82

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 4:43 a.m. EDT

The emerging markets multifactor strategy offers a compelling value proposition, trading at a modest 13x earnings with a robust 3% yield. Fundamentally, the business has recovered well from its 2022 lows, posting four positive years of growth over the last six, which validates the current price level as a solid entry point for a long-term hold. However, the short-term outlook remains murky; the stock is currently trapped between its 50-day and 200-day moving averages, showing no clear momentum breakout despite a recent dip below the 50-day line. This technical stagnation, combined with the absence of meaningful options flow to signal a near-term move, suggests the asset is in a consolidation phase. Investors should view this as a 'buy and wait' scenario where the strong underlying fundamentals provide a floor, but patience is required for the price to unlock further gains.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.020049
AutoARIMA0.021316
AutoETS0.021414
AutoTheta0.024094

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 58%
H-stat 1.40
Ljung-Box p 0.000
Jarque-Bera p 0.395
Excess Kurtosis -0.59
Attribute Value
Trailing P/E 12.51

As of July 11, 2026, 4:43 a.m. EDT: Options activity is sparse and lacks directional conviction. Call volume is negligible across expirations, while put interest is concentrated in deep out-of-the-money strikes (29 and 30) for September, suggesting a speculative hedge against a sharp drop rather than a bearish bet. The lack of significant open interest or volume at key strikes indicates the market is currently neutral, waiting for a catalyst.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.07% 3.24% 3.84% 3.80%
Dividend History
Date Dividend Yield %
2026-06-18 0.404 1.073897
2026-03-20 0.157 0.504175
2025-12-19 0.225 0.741107
2025-09-19 0.277 0.915854
2025-06-20 0.343 1.275567
2025-03-21 0.152 0.592593
2024-12-20 0.308 1.203595
2024-09-20 0.241 0.927637
2024-06-21 0.355 1.384555
2024-03-15 0.119 0.483937
2023-12-28 0.016 0.066764
2023-12-15 0.119 0.506469
2023-09-15 0.420 1.856272
2023-06-16 0.390 1.712930
2023-03-17 0.114 0.536521
2022-12-16 0.124 0.577819
2022-09-16 0.248 1.182416
2022-06-17 0.374 1.725092
2022-03-18 0.102 0.418238
2021-12-30 0.007 0.027271
2021-12-17 0.158 0.630185
2021-09-17 0.175 0.664641
2021-06-18 0.268 0.958649
2021-03-19 0.088 0.315922
2020-12-18 0.102 0.380242
2020-09-18 0.107 0.456348
2020-06-19 0.187 0.843406
2020-03-20 0.105 0.588895
2019-12-20 0.138 0.538957
2019-09-20 0.226 0.935547
2019-06-21 0.225 0.907587
2019-03-15 0.025 0.100261
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.97

Info Dump

Attribute Value
All Time High 38.316
All Time Low 17.31
Ask 34.81
Ask Size 200
Average Daily Volume10 Day 67,430
Average Daily Volume3 Month 117,713
Average Volume 117,713
Average Volume10Days 67,430
Beta3 Year 0.98
Bid 34.69
Bid Size 200
Category Diversified Emerging Mkts
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 35.16
Day Low 34.681
Dividend Yield 2.97
Eps Trailing Twelve Months 2.782878
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 36.2653
Fifty Day Average Change -1.445301
Fifty Day Average Change Percent -0.03985355
Fifty Two Week Change Percent 27.259838
Fifty Two Week High 38.316
Fifty Two Week High Change -3.4960022
Fifty Two Week High Change Percent -0.09124131
Fifty Two Week Low 28.0
Fifty Two Week Low Change 6.8199997
Fifty Two Week Low Change Percent 0.24357142
Fifty Two Week Range 28.0 - 38.316
First Trade Date Milliseconds 1,551,450,600,000
Five Year Average Return 0.09311791
Full Exchange Name Cboe US
Fund Family Fidelity Investments
Fund Inception Date 1,551,139,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name Fidelity Emerging Markets Multifactor ETF
Market us_market
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_597913122
Nav Price 35.18769
Net Assets 587,022,400.0
Net Expense Ratio 0.25
Open 35.11
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 34.82
Post Market Time 1,783,976,700
Previous Close 35.9
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -1.08
Regular Market Change Percent -3.00836
Regular Market Day High 35.16
Regular Market Day Low 34.681
Regular Market Day Range 34.681 - 35.16
Regular Market Open 35.11
Regular Market Previous Close 35.9
Regular Market Price 34.82
Regular Market Time 1,783,972,791
Regular Market Volume 59,872
Short Name Fidelity Emerging Markets Multi
Source Interval 15
Symbol FDEM
Three Year Average Return 0.2178866
Total Assets 587,022,400
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 12.512227
Trailing Peg Ratio None
Trailing Three Month Nav Returns 18.34972
Trailing Three Month Returns 18.34972
Triggerable 1
Two Hundred Day Average 33.01822
Two Hundred Day Average Change 1.8017807
Two Hundred Day Average Change Percent 0.05456929
Type Disp ETF
Volume 59,872
Yield 0.0297
Ytd Return 18.18865