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Fidelity Fundamental Emerging M (FFEM)

Diversified Emerging Mkts | Exchange Traded Fund | Cboe US
39.88 USD +0.63 (1.606%) ⇧ (April 17, 2026, 3:59 p.m. EDT)
After hours: 39.89 +0.01 (0.025%) ⇧ (April 17, 2026, 6:21 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ★★☆☆☆
Hot Take | April 19, 2026, 1:06 a.m. EDT

FFEM is showing a technical rebound from a 13% monthly drawdown, with price action recently breaching the 50-day moving average and exhibiting momentum building toward the 200-day average. While the headline risk of rising treasury yields hitting emerging markets is real, the asset is currently in a strong price recovery phase. The extremely low options volume indicates this is not a speculative play but rather a steady recovery trade for dormant capital; however, the distribution history is spotty and irregular, making it unsuitable for high-yield strategies despite the trailing yield appearing modest.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.035103
MSTL0.036836
AutoARIMA0.039384
AutoETS0.039971

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 80%
H-stat 0.67
Ljung-Box p 0.000
Jarque-Bera p 0.527
Excess Kurtosis -0.71
Attribute Value
Trailing P/E 19.96

As of April 19, 2026, 1:06 a.m. EDT: Options flow is extremely thin, reflecting low liquidity for this ETF compared to major broad-market peers. The June '26 expiry shows a slight ATM anchor at 41.0 (vol: 1), suggesting neutral-to-slightly-bullish positioning near current levels. The September '26 expiry is dominated by In-The-Money puts at the 39.0 strike (5 total contracts, -2.2% weight), acting as a modest hedge against the profit-taking headline risk mentioned in news headlines. Overall, the options surface lacks significant directional conviction or aggressive speculation.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.25% 1.78%
Dividend History
Date Dividend Yield %
2026-03-20 0.085 0.246806
2025-12-19 0.197 0.604251
2025-09-19 0.094 0.302894
2025-06-20 0.167 0.625352
2025-03-21 0.072 0.283076
2024-12-20 0.039 0.158882
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 1.53

Info Dump

Attribute Value
All Time High 40.235
All Time Low 22.072
Ask 60.49
Ask Size 600
Average Daily Volume10 Day 11,850
Average Daily Volume3 Month 23,487
Average Volume 23,487
Average Volume10Days 11,850
Beta3 Year 0.0
Bid 37.73
Bid Size 100
Category Diversified Emerging Mkts
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 40.235
Day Low 39.83
Dividend Yield 1.53
Eps Trailing Twelve Months 1.9983355
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 36.93696
Fifty Day Average Change 2.9430428
Fifty Day Average Change Percent 0.079677455
Fifty Two Week Change Percent 65.64213
Fifty Two Week High 40.235
Fifty Two Week High Change -0.35499954
Fifty Two Week High Change Percent -0.008823153
Fifty Two Week Low 24.076
Fifty Two Week Low Change 15.804001
Fifty Two Week Low Change Percent 0.65642136
Fifty Two Week Range 24.076 - 40.235
First Trade Date Milliseconds 1,732,199,400,000
Full Exchange Name Cboe US
Fund Family Fidelity Investments
Fund Inception Date 1,731,974,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Normally investing at least 80% of assets in securities of issuers and in depositary receipts representing securities of issuers in emerging markets and other investments that are tied economically to emerging markets. Emerging markets include countries that have an emerging stock market as defined by MSCI, countries or markets with low- to middle-income economies as classified by the World Bank, and other countries or markets that the Adviser identifies as having similar emerging markets characteristics. The fund is non-diversified.
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1886540813
Nav Price 39.19619
Net Assets 34,119,784.0
Net Expense Ratio 0.6
Open 39.835
Post Market Change 0.0099983215
Post Market Change Percent 0.025071016
Post Market Price 39.89
Post Market Time 1,776,464,461
Previous Close 39.2497
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.630302
Regular Market Change Percent 1.60588
Regular Market Day High 40.235
Regular Market Day Low 39.83
Regular Market Day Range 39.83 - 40.235
Regular Market Open 39.835
Regular Market Previous Close 39.2497
Regular Market Price 39.88
Regular Market Time 1,776,455,947
Regular Market Volume 19,770
Short Name Fidelity Fundamental Emerging M
Source Interval 15
Symbol FFEM
Total Assets 34,119,784
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 19.95661
Trailing Peg Ratio None
Trailing Three Month Nav Returns 2.51773
Trailing Three Month Returns 2.51773
Triggerable 1
Two Hundred Day Average 33.141167
Two Hundred Day Average Change 6.7388344
Two Hundred Day Average Change Percent 0.20333727
Type Disp ETF
Volume 19,770
Yield 0.0153
Ytd Return 2.51773