FDEM Stock Summary and Trading Ideas (Fidelity Emerging Markets Multifactor ETF | BATS:FDEM)

Fidelity Emerging Markets Multifactor ETF invests at least 80% of its assets in securities included in the Fidelity Emerging Markets Multifactor Index and in depository receipts representing securities included in the index. The Fidelity Emerging Markets Multifactor Index is designed to reflect the performance of stocks of large- and mid-capitalization emerging markets companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader emerging markets equity market, and lower correlation to the U.S. equity market. Effective December 1, 2020, "Fidelity Targeted Emerging Markets Factor ETF" is renamed Fidelity Emerging Markets Multifactor ETF and the fund s underlying index, Fidelity Targeted Emerging Markets Factor Index, is renamed Fidelity Emerging Markets Multifactor Index.

What symbol and exchange does Fidelity Emerging Markets Multifactor ETF shares trade?

Fidelity Emerging Markets Multifactor ETF trades on the BATS stock market under the symbol FDEM.

What is Fidelity Emerging Markets Multifactor ETF stock price doing today?

As of August 21, 2026, FDEM stock price climbed to $36.08 with 60,298 million shares trading.

What is Fidelity Emerging Markets Multifactor ETF's Beta?

FDEM has a beta of 1.15, meaning it tends to be more sensitive to market movements. FDEM has a correlation of 0.51 to the broad based SPY ETF.

How much is Fidelity Emerging Markets Multifactor ETF worth?

FDEM has a market cap of $598.93 million. This is considered a Small Cap stock.

What is the highest and lowest price Fidelity Emerging Markets Multifactor ETF traded in the last 3 year period?

In the last 3 years, FDEM traded as high as $38.32 and as low as $21.29.

Is Fidelity Emerging Markets Multifactor ETF (FDEM) a good investment?

FDEM has outperformed the market in the last year with a price return of +28.3% while the SPY ETF gained +21.7%. However, in the short term, FDEM had mixed performance relative to the market. It has underperformed in the last 3 months, returning +1.6% vs +3.4% return in SPY. But in the last 2 weeks, FDEM shares have fared better than the market returning +1.4% compared to SPY -1.0%.

What are the support and resistance levels for Fidelity Emerging Markets Multifactor ETF (FDEM)?

FDEM support price is $35.31 and resistance is $36.41 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FDEM shares will trade within this expected range on the day.