Summary
FDEM
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 24.32% Volatility 18.25% Sharpe 1.30
Official loaded data — not a live quote.

FIDELITY EMERGING MARKETS MULTIFACTOR ETF

Symbol: FDEM

Exchange: BATS

Sector: Technology

Category: Diversified Emerging Mkts

Inception date: 26/02/2019

Latest date: 20/07/2026

Current price: $34.52

Expense ratio: 0.25%

Assets under management
$587.0M
-0.38% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-8.70%

Ann. -57.00% (Sharpe / Sortino numerator)

Volatility

32.10%

Sharpe ratio

-1.889

VaR 95%

-3.36%

CVaR 95%: -3.59%
Max drawdown: -7.55%
Sortino ratio: -2.952
Calmar ratio: -7.55

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

0.64%

Ann. -1.28% (Sharpe / Sortino numerator)

Volatility

22.66%

Sharpe ratio

-0.217

VaR 95%

-2.87%

CVaR 95%: -3.32%
Max drawdown: -12.70%
Sortino ratio: -0.283
Calmar ratio: -0.10

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

9.05%

Ann. 8.26% (Sharpe / Sortino numerator)

Volatility

18.75%

Sharpe ratio

0.247

VaR 95%

-1.93%

CVaR 95%: -3.03%
Max drawdown: -12.70%
Sortino ratio: 0.317
Calmar ratio: 0.65

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

24.32%

Ann. 27.33% (Sharpe / Sortino numerator)

Volatility

18.25%

Sharpe ratio

1.299

VaR 95%

-1.51%

CVaR 95%: -2.87%
Max drawdown: -12.70%
Sortino ratio: 1.635
Calmar ratio: 2.15

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

42.45%

Ann. 16.21% (Sharpe / Sortino numerator)

Volatility

16.41%

Sharpe ratio

0.766

VaR 95%

-1.50%

CVaR 95%: -2.45%
Max drawdown: -16.04%
Sortino ratio: 1.024
Calmar ratio: 1.01

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

70.12%

Ann. 17.03% (Sharpe / Sortino numerator)

Volatility

15.22%

Sharpe ratio

0.880

VaR 95%

-1.43%

CVaR 95%: -2.18%
Max drawdown: -16.04%
Sortino ratio: 1.230
Calmar ratio: 1.06

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.096%

Best day

4.341%

08/04/2026
Worst day

-5.964%

05/06/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $34.65 $34.78 $34.45 $34.52 89,200
17/07/2026 $33.97 $34.73 $33.80 $34.38 73,500
16/07/2026 $34.80 $34.94 $34.64 $34.66 63,200
15/07/2026 $35.32 $35.33 $34.77 $35.24 48,900
14/07/2026 $35.19 $35.37 $35.04 $35.36 39,900
13/07/2026 $35.11 $35.16 $34.68 $34.82 60,200
10/07/2026 $35.56 $35.97 $35.51 $35.90 41,500
09/07/2026 $35.78 $35.90 $35.65 $35.83 58,900
08/07/2026 $35.23 $35.75 $35.16 $35.71 184,300
07/07/2026 $35.57 $35.67 $35.22 $35.46 60,900