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Fidelity Covington Trust - Fidelity Fundamental Emerging Markets ETF logo

Fidelity Covington Trust - Fidelity Fundamental Emerging Markets ETF (FFEM)

ETF overview

FFEM seeks to achieve long-term capital growth by fundamentally selecting stocks from emerging markets. The fund includes countries that have an emerging stock market, as defined by MSCI, low- to middle-income economies, as classified by the World Bank, as well as countries with similar characteristics. The adviser considers an issuers domicile, incorporation, primary listing, and location of at least 50% of its assets to determine if it is economically tied to emerging markets. Additionally, issuers must derive at least 50% of their revenues from, classified as part of, or included in an index representing emerging markets. Starting with fundamental analyst research and security recommendations, and reference portfolios managed by Fidelity, a quantitative portfolio construction process is applied to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund is actively managed and includes firms of all sizes.

CountryUnited States of America
ExchangeCBOE
Trades inUSD
Current price
39.48 USD+0.38%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.60%
Fund assets
67.08M USD (all share classes)
Issuer
Fidelity
Inception date
Nov 19, 2024
Number of holdings
117

Breakdown

Holdings (117)

NameTickerWeight
TAIWAN SEMICONDUCTOR MFG CO LT2330.TW18.32%
SAMSUNG ELECTRONICS CO LTD005930.KS7.32%
SK HYNIX INC000660.KS5.26%
TENCENT HOLDINGS LTD0700.HK4.60%
MEDIA TEK INC2454.TW3.01%
ALIBABA GROUP HOLDING LTD9988.HK2.04%
CHINA CONSTRUCTION BANK CORP H0939.HK1.88%
HDFC BANK LTD SPON ADRHDB1.83%
CREDICORP LTD (USA)0U8N.L1.62%
ICICI BANK LTD SPONS ADRIBN1.51%
and 104 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 Fundamental Emerging Markets ETF (FFEM)

FFEM · CBOE
39.48 USD+0.38%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.60%
Fund assets
67.08M USD (all share classes)
Issuer
Fidelity
Inception date
Nov 19, 2024
Number of holdings
117
Breakdown
Holdings (117)
NameTickerWeight
TAIWAN SEMICONDUCTOR MFG CO LT2330.TW18.32%
SAMSUNG ELECTRONICS CO LTD005930.KS7.32%
SK HYNIX INC000660.KS5.26%
TENCENT HOLDINGS LTD0700.HK4.60%
MEDIA TEK INC2454.TW3.01%
ALIBABA GROUP HOLDING LTD9988.HK2.04%
CHINA CONSTRUCTION BANK CORP H0939.HK1.88%
HDFC BANK LTD SPON ADRHDB1.83%
CREDICORP LTD (USA)0U8N.L1.62%
ICICI BANK LTD SPONS ADRIBN1.51%
and 104 more
ETF overview

FFEM seeks to achieve long-term capital growth by fundamentally selecting stocks from emerging markets. The fund includes countries that have an emerging stock market, as defined by MSCI, low- to middle-income economies, as classified by the World Bank, as well as countries with similar characteristics. The adviser considers an issuers domicile, incorporation, primary listing, and location of at least 50% of its assets to determine if it is economically tied to emerging markets. Additionally, issuers must derive at least 50% of their revenues from, classified as part of, or included in an index representing emerging markets. Starting with fundamental analyst research and security recommendations, and reference portfolios managed by Fidelity, a quantitative portfolio construction process is applied to emphasize securities in which the adviser has high conviction, subject to risk, liquidity, and trading characteristics. The fund is actively managed and includes firms of all sizes.

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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