FFEM
Fidelity Covington Trust - Fidelity Fundamental Emerging Markets ETFFidelity$42.74+0.46 (+1.09%)AUM $63.6MER 0.60%NAV $42.90Holdings 129Inception Nov 2024
Price Chart
Key Statistics
Previous Close
$42.28Day Range
$42.61$42.79
52-Week Range
$30.78$45.43
Avg Volume
10.7KDividend Yield
—Expense Ratio
0.60%AUM
$63.6MShares Outstanding
—Sector Breakdown
| Sector | Weight % |
|---|---|
| Technology | 41.28% |
| Financial Services | 19.29% |
| Industrials | 8.77% |
| Consumer Cyclical | 8.08% |
| Communication Services | 7.44% |
| Basic Materials | 5.33% |
| Healthcare | 4.12% |
| Energy | 2.02% |
| Consumer Defensive | 1.69% |
| Utilities | 1.47% |
| Real Estate | 0.51% |
Country Allocation
| Country | Weight % |
|---|---|
| Taiwan (Province of China) | 25.87% |
| China | 21.33% |
| Korea (the Republic of) | 20.05% |
| India | 7.70% |
| South Africa | 3.37% |
| Brazil | 3.00% |
| Mexico | 2.20% |
| United States | 2.10% |
| Saudi Arabia | 1.98% |
| Greece | 1.65% |
| Peru | 1.37% |
| Hungary | 1.36% |
| United Arab Emirates | 1.34% |
| Turkey | 1.20% |
| Indonesia | 1.13% |
| Cayman Islands | 0.80% |
| Poland | 0.73% |
| Australia | 0.65% |
| Argentina | 0.53% |
| Virgin Islands (British) | 0.53% |
| Mauritius | 0.27% |
| Switzerland | 0.27% |
| Luxembourg | 0.25% |
| Kazakhstan | 0.17% |
| Hong Kong | 0.16% |
Fund Information
- Issuer
- Fidelity
- Category
- Technology
- Inception Date
- Nov 19, 2024
- Exchange
- BATS
- Description
- 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.
Similar ETFs
The Fidelity Covington Trust - Fidelity Fundamental Emerging Markets ETF (FFEM) is an exchange-traded fund issued by Fidelity that launched on Nov 19, 2024. It currently manages $63.6M in assets under management. The fund charges an expense ratio of 0.60%. The fund holds 129 securities in its portfolio. It falls under the Technology category.
Top 10 holdings represent 49.2% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | 2330.TW | TAIWAN SEMICONDUCTOR MFG CO LT | 17.22% | 143,171 | $11.1M |
| 2 | 005930.KS | SAMSUNG ELECTRONICS CO LTD | 9.35% | 30,174 | $6.0M |
| 3 | 000660.KS | SK HYNIX INC | 7.26% | 3,402 | $4.7M |
| 4 | 0700.HK | TENCENT HOLDINGS LTD | 4.29% | 50,853 | $2.8M |
| 5 | 2454.TW | MEDIA TEK INC | 2.82% | 12,182 | $1.8M |
| 6 | 300750.SZ | CONTEMPORARY AMPEREX TEC A | 1.90% | 24,227 | $1.2M |
| 7 | 9988.HK | ALIBABA GROUP HOLDING LTD | 1.88% | 88,690 | $1.2M |
| 8 | 0939.HK | CHINA CONSTRUCTION BANK CORP H | 1.60% | 826,892 | $1.0M |
| 9 | HDB | HDFC BANK LTD SPON ADR | 1.48% | 43,524 | $951K |
| 10 | 0U8N.L | CREDICORP LTD (USA) | 1.40% | 2,368 | $899K |
| 11 | 2899.HK | ZIJIN MINING GROUP CO LTD H | 1.33% | 179,792 | $856K |
| 12 | ASX | ASE TECH HOLDING CO SPON ADR | 1.29% | 20,746 | $827K |
| 13 | 1120.SR | AL RAJHI BANKING &INVEST CORP | 1.24% | 45,394 | $798K |
| 14 | LT.BO | LARSEN & TOUBRO LTD | 1.23% | 19,135 | $793K |
| 15 | IBN | ICICI BANK LTD SPONS ADR | 1.13% | 25,231 | $728K |
Page 1 of 3
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +1.09% | |
| 1W | -0.98% | |
| 1M | +1.23% | |
| 3M | -4.11% | |
| 6M | +17.42% | |
| YTD | +23.85% | |
| 1Y | +38.86% | |
| 3Y | +71.65% | |
| 5Y | +71.65% |
Moving Averages
20-Day MA
$42.47
Above 20-Day MA50-Day MA
$41.79
Above 50-Day MA200-Day MA
$38.85
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$45.43
Current Price
$42.74
52-Week Low
$30.78
$30.78$45.43
Current Yield
—
Annual Dividend
$0.5300
Frequency
4x/year
Last Ex-Date
Dec 19, 2025
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.1970 | Dec 23, 2025 |
| Sep 19, 2025 | $0.0940 | Sep 23, 2025 |
| Jun 20, 2025 | $0.1670 | Jun 24, 2025 |
| Mar 21, 2025 | $0.0720 | Mar 25, 2025 |
| Dec 20, 2024 | $0.0390 | Dec 24, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | FFEM | Technology(1660 ETFs) |
|---|---|---|
| Fund Info | ||
| Expense Ratio | 0.60% | 0.61% |
| AUM | $63.6M | $6.83B |
| Dividend Yield | — | 2.94% |
| Avg Volume | 10.7K | 432.5K |
| Holdings | 129 | 198 |
| Performance | ||
| 1-Month Return | — | -0.32% |
| 6-Month Return | — | +8.18% |
| YTD Return | — | +13.83% |
| 1-Year Return | — | +27.29% |
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