Fidelity Emerging Markets Multifactor ETF (FDEM)Diversified Emerging Mkts | Exchange Traded Fund | Cboe US
36.04 USD
-0.21
(-0.573%) ⇩
(Aug. 28, 2026, 3:54 p.m.
EDT)
After hours: 36.04 |
Hot Take ↕ | Aug. 22, 2026, 2:50 a.m. EDT
This emerging markets multifactor ETF presents a compelling value case with a 3% yield and a trailing P/E of roughly 13.7, trading well below its 52-week high. The long-term outlook is solid; despite a single down year in 2022, the fund has delivered a +26% cumulative return over the last six years, with five of those years showing positive growth. This suggests the market has punished the asset for broader sector headwinds rather than a fundamental flaw in the business. However, the short-term technical picture is mixed. Price action over the last two weeks shows a struggle to break above the 52-week high, hovering near the 50-day average, while the statistical forecast model leans slightly negative for the coming month. The divergence between strong multi-year performance and weak immediate momentum creates a 'hold' scenario where the long-term thesis remains intact, but the timing for a breakout is unclear. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.056564 |
| MSTL | 0.063029 |
| AutoTheta | 0.065314 |
| AutoARIMA | 0.076526 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 54% |
| H-stat | 4.22 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.544 |
| Excess Kurtosis | -0.15 |
| Attribute | Value |
|---|---|
| Trailing P/E | 13.68 |
As of Aug. 22, 2026, 2:50 a.m. EDT: Options activity is sparse and lacks directional conviction. Call volume is concentrated in-the-money strikes, suggesting a defensive stance against further downside rather than aggressive bullish bets. Put volume is similarly thin and focused on deep out-of-the-money strikes, indicating limited hedging demand. Implied volatility is flat across the board, reflecting a lack of speculative positioning or fear.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.07% | 3.24% | 3.84% | 3.80% |
| 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 |
| Attribute | Value |
|---|---|
| All Time High | 38.316 |
| All Time Low | 17.31 |
| Ask | 36.12 |
| Ask Size | 200 |
| Average Daily Volume10 Day | 45,300 |
| Average Daily Volume3 Month | 73,984 |
| Average Volume | 73,984 |
| Average Volume10Days | 45,300 |
| Beta3 Year | 0.98 |
| Bid | 35.96 |
| Bid Size | 200 |
| Category | Diversified Emerging Mkts |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 36.35 |
| Day Low | 36.03 |
| Dividend Yield | 3.0 |
| Eps Trailing Twelve Months | 2.6351168 |
| Esg Populated | 0 |
| Exchange | BTS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 35.54092 |
| Fifty Day Average Change | 0.49448013 |
| Fifty Day Average Change Percent | 0.01391298 |
| Fifty Two Week Change Percent | 23.619211 |
| Fifty Two Week High | 38.316 |
| Fifty Two Week High Change | -2.2806015 |
| Fifty Two Week High Change Percent | -0.059520863 |
| Fifty Two Week Low | 28.745 |
| Fifty Two Week Low Change | 7.2903996 |
| Fifty Two Week Low Change Percent | 0.25362322 |
| Fifty Two Week Range | 28.745 - 38.316 |
| First Trade Date Milliseconds | 1,551,450,600,000 |
| Five Year Average Return | 0.1042451 |
| Full Exchange Name | Cboe US |
| Fullday Change | -0.2075 |
| Fullday Change Percent | -0.572527 |
| Fullday Price | 36.0354 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_597913122 |
| Nav Price | 36.18572 |
| Net Assets | 580,812,930.0 |
| Net Expense Ratio | 0.25 |
| Open | 36.27 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 36.0354 |
| Post Market Time | 1,787,959,806 |
| Previous Close | 36.2429 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.2075 |
| Regular Market Change Percent | -0.572527 |
| Regular Market Day High | 36.35 |
| Regular Market Day Low | 36.03 |
| Regular Market Day Range | 36.03 - 36.35 |
| Regular Market Open | 36.27 |
| Regular Market Previous Close | 36.2429 |
| Regular Market Price | 36.0354 |
| Regular Market Time | 1,787,946,879 |
| Regular Market Volume | 30,482 |
| Short Name | Fidelity Emerging Markets Multi |
| Source Interval | 15 |
| Symbol | FDEM |
| Three Year Average Return | 0.2172909 |
| Total Assets | 580,812,928 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 13.675068 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 4.28042 |
| Trailing Three Month Returns | 4.28042 |
| Triggerable | 1 |
| Two Hundred Day Average | 33.86298 |
| Two Hundred Day Average Change | 2.1724205 |
| Two Hundred Day Average Change Percent | 0.06415326 |
| Type Disp | ETF |
| Volume | 30,482 |
| Yield | 0.03 |
| Ytd Return | 16.93846 |