Summary
FDEM
Prices · period metrics · 12M
NAV as of 03/06/2026
02/04/2025 → 02/04/2026
Return 45.52% 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: 03/06/2026

Current price: $37.67

Expense ratio: 0.25%

Assets under management
$508.1M
-0.97% 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

7.69%

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

14.95%

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

24.26%

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

45.52%

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

57.24%

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

88.66%

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: 03/06/2025 - 03/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.156%

Best day

4.341%

08/04/2026
Worst day

-3.742%

03/03/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
03/06/2026 $38.04 $38.04 $37.50 $37.67 95,500
02/06/2026 $38.10 $38.32 $37.92 $38.23 39,900
01/06/2026 $37.61 $38.06 $37.38 $37.89 163,700
29/05/2026 $37.31 $37.39 $37.04 $37.10 82,700
28/05/2026 $36.71 $37.21 $36.50 $37.15 185,100
27/05/2026 $37.20 $37.23 $36.74 $36.99 69,200
26/05/2026 $36.50 $37.08 $36.50 $36.97 2,480,500
22/05/2026 $35.99 $36.17 $35.72 $35.82 76,200
21/05/2026 $35.63 $36.22 $35.57 $35.91 44,200
20/05/2026 $35.33 $35.79 $35.29 $35.68 42,800