Summary
FFEM
Prices · period metrics · 12M
NAV as of 20/07/2026
30/05/2025 → 28/05/2026
Return 42.52% Volatility 21.47% Sharpe 3.02
Official loaded data — not a live quote.

FIDELITY FUNDAMENTAL EMERGING MARKETS ETF

Symbol: FFEM

Exchange: BATS

Sector: Technology

Category: Diversified Emerging Mkts

Inception date: 19/11/2024

Latest date: 20/07/2026

Current price: $40.37

Expense ratio: 0.60%

Assets under management
$42.9M
-0.63% 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

-11.15%

Ann. 218.72% (Sharpe / Sortino numerator)

Volatility

29.96%

Sharpe ratio

7.178

VaR 95%

-3.51%

CVaR 95%: -3.63%
Max drawdown: -6.07%
Sortino ratio: 9.419
Calmar ratio: 36.03

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

2.46%

Ann. 69.82% (Sharpe / Sortino numerator)

Volatility

33.32%

Sharpe ratio

1.987

VaR 95%

-3.51%

CVaR 95%: -4.10%
Max drawdown: -11.64%
Sortino ratio: 2.986
Calmar ratio: 6.00

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

14.74%

Ann. 83.22% (Sharpe / Sortino numerator)

Volatility

26.42%

Sharpe ratio

3.012

VaR 95%

-2.59%

CVaR 95%: -3.65%
Max drawdown: -13.57%
Sortino ratio: 4.291
Calmar ratio: 6.13

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

42.52%

Ann. 68.43% (Sharpe / Sortino numerator)

Volatility

21.47%

Sharpe ratio

3.019

VaR 95%

-1.82%

CVaR 95%: -3.06%
Max drawdown: -13.57%
Sortino ratio: 4.099
Calmar ratio: 5.04

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

66.34%

Ann. 37.52% (Sharpe / Sortino numerator)

Volatility

23.91%

Sharpe ratio

1.416

VaR 95%

-2.14%

CVaR 95%: -3.67%
Max drawdown: -16.29%
Sortino ratio: 1.708
Calmar ratio: 2.30

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

0.155%

Best day

5.224%

08/04/2026
Worst day

-6.754%

05/06/2026
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $40.62 $40.76 $40.37 $40.37 4,800
17/07/2026 $39.40 $40.59 $39.35 $40.19 16,100
16/07/2026 $40.97 $41.10 $40.67 $40.75 15,600
15/07/2026 $41.89 $41.96 $41.23 $41.75 16,700
14/07/2026 $41.67 $41.96 $41.59 $41.88 14,700
13/07/2026 $41.63 $41.63 $41.03 $41.03 14,500
10/07/2026 $42.22 $42.65 $42.19 $42.60 9,400
09/07/2026 $42.51 $42.76 $42.48 $42.65 9,400
08/07/2026 $41.99 $42.37 $41.48 $42.37 10,400
07/07/2026 $42.37 $42.37 $41.76 $42.09 16,300