---
ticker: "FDEM"
name: "Fidelity Emerging Markets Multifactor ETF"
url: "https://etf.net/etf/FDEM"
grade: "B"
score: 71
graded_at: "2026-10-12"
category: "Emerging Markets Multifactor"
category_rank: "2 of 20"
methodology: "https://etf.net/methodology"
---

# FDEM: Fidelity Emerging Markets Multifactor ETF

Grade **B**, Score 71 of 100. Rank 2 of 20 in Emerging Markets Multifactor.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 92 | 2 of 20 |
| Mission | Not scored | — |
| Risk | 57 | 6 of 19 |
| Tradability | 66 | 6 of 20 |
| Holdings | 41 | 16 of 20 |
| Durability | 62 | 8 of 20 |

## Top holdings

The fund holds 230 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | 2330.TW | Taiwan Semiconductor Mfg Co Lt | 12.99% |
| 2 | 005930.KS | Samsung Electronics Co Ltd | 7.21% |
| 3 | 000660.KS | Sk Hynix Inc | 4.49% |
| 4 | 1209.HK | China Resources Mixc Lifestyle | 1.78% |
| 5 | PETR4.SA | Petroleo Brasileiro SA - Petro | 1.75% |
| 6 | EMAARDEV.AE | Emaar Development Pjsc | 1.69% |
| 7 | 2454.TW | Media Tek Inc | 1.66% |
| 8 | FUNO11.MX | Fibra Uno Administracion SA | 1.46% |
| 9 | 2359.HK | Wuxi Apptec Co Ltd H | 1.41% |
| 10 | BH-R.BK | Bumrungrad Hospital PLC Nvdr | 1.32% |
| 11 | AUROPHARMA.BO | Aurobindo Pharmaceuticals Ltd | 1.11% |
| 12 | SUNPHARMA.BO | Sun Pharma Ind Ltd(Demat) | 1.06% |
| 13 | 900948.SS | Inner Mongolia Yitai Coal Class B | 1.04% |
| 14 | 0857.HK | Petrochina Co Ltd H | 1.02% |
| 15 | 1099.HK | Sinopharm Group Co Ltd H | 0.99% |
| 16 | 1088.HK | China Shenhua Energy Co H | 0.96% |
| 17 | 1102.TW | Asia Cement Corp | 0.93% |
| 18 | SOL.JO | Sasol Ltd | 0.92% |
| 19 | 0939.HK | China Construction Bank Corp H | 0.91% |
| 20 | RICHT.BD | Richter Gedeon Nyrt | 0.89% |
| 21 | GFI.JO | Gold Fields Ltd | 0.87% |
| 22 | 2308.TW | Delta Electronics Ind Co Ltd | 0.87% |
| 23 | GMEXICOB.MX | Grupo Mexico Sab De Cv Ser B | 0.82% |
| 24 | VALE3.SA | Vale S.a. | 0.81% |
| 25 | COALINDIA.BO | Coal India Ltd | 0.81% |
| 26 | VEDL.BO | Vedanta Ltd | 0.81% |
| 27 | UNTR.JK | United Tractors Pt | 0.80% |
| 28 | 8869.KL | Press Metal Aluminium Holdings | 0.79% |
| 29 | PTTEP-R.BK | Ptt Exploration & Prod Nvdr | 0.78% |
| 30 | 1179.HK | H World Group Ltd | 0.71% |

Source: etf.net, https://etf.net/etf/FDEM. Please cite the page URL.