ETF profile
Fidelity Covington Trust - Fidelity Enhanced Emerging Markets ETF logo

Fidelity Covington Trust - Fidelity Enhanced Emerging Markets ETF (FEMR)

ETF overview

FEMR is actively managed and aims for capital appreciation by investing at least 80% of assets in securities and depositary receipts of emerging market issuers. These markets are defined by MSCI and include low- to middle-income economies as per the World Bank. The fund primarily invests in common stocks, diversifying across various emerging countries. A research-driven approach is used to identify long-term stock return drivers such as valuation, growth, and quality. This research is systematically applied with a proprietary portfolio construction and risk management framework. The objective is to select a diversified stock group that potentially offers higher total returns than the MSCI Emerging Markets Index.

WebsiteN/A
CountryUnited States of America
ExchangeAMEX
Trades inUSD
Current price
41.73 USD+1.04%
Close 2 Oct 2026
Benchmarks

Fund facts

Expense ratio
0.38%
Fund assets
189.42M USD (all share classes)
Issuer
Fidelity
Inception date
Nov 19, 2024
Number of holdings
178

Breakdown

Holdings (178)

NameTickerWeight
TAIWAN SEMICONDUCTOR MFG CO LT2330.TW14.68%
SAMSUNG ELECTRONICS CO LTD005930.KS6.50%
SK HYNIX INC000660.KS4.38%
MEDIA TEK INC2454.TW2.41%
TENCENT HOLDINGS LTD0700.HK2.00%
HON HAI PRECISION IND CO LTD2317.TW1.44%
DELTA ELECTRONICS IND CO LTD2308.TW1.35%
PETROLEO BRASILEIRO SA - PETROPBR1.20%
ALIBABA GROUP HOLDING LTD9988.HK1.15%
ASE TECHNOLOGY HOLDING CO LTD3711.TW1.09%
and 165 more

Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

Fidelity Covington Trust - Fidelity Enhanced Emerging Markets ETF (FEMR)

FEMR · AMEX
41.73 USD+1.04%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.38%
Fund assets
189.42M USD (all share classes)
Issuer
Fidelity
Inception date
Nov 19, 2024
Number of holdings
178
Breakdown
Holdings (178)
NameTickerWeight
TAIWAN SEMICONDUCTOR MFG CO LT2330.TW14.68%
SAMSUNG ELECTRONICS CO LTD005930.KS6.50%
SK HYNIX INC000660.KS4.38%
MEDIA TEK INC2454.TW2.41%
TENCENT HOLDINGS LTD0700.HK2.00%
HON HAI PRECISION IND CO LTD2317.TW1.44%
DELTA ELECTRONICS IND CO LTD2308.TW1.35%
PETROLEO BRASILEIRO SA - PETROPBR1.20%
ALIBABA GROUP HOLDING LTD9988.HK1.15%
ASE TECHNOLOGY HOLDING CO LTD3711.TW1.09%
and 165 more
ETF overview

FEMR is actively managed and aims for capital appreciation by investing at least 80% of assets in securities and depositary receipts of emerging market issuers. These markets are defined by MSCI and include low- to middle-income economies as per the World Bank. The fund primarily invests in common stocks, diversifying across various emerging countries. A research-driven approach is used to identify long-term stock return drivers such as valuation, growth, and quality. This research is systematically applied with a proprietary portfolio construction and risk management framework. The objective is to select a diversified stock group that potentially offers higher total returns than the MSCI Emerging Markets Index.

CountryUnited States of America
Trades inUSD
Similar ETFs

Overlap is the share of assets the two funds hold in common.

Historical returns do not guarantee future returns. This is not investment advice.

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