Fidelity International Multifactor ETF
$36.84−0.39 (−1.03%)
- Expense ratio
- 0.18%
- Fund size
- $288M
- 1Y return
- +16.5%
- Yield · Last 12 months
- 3.26%
- Holdings
- 218
- Volume · 30D
- 0M sh
- NAV per share
- $37.20
- 52W range
The ETF.net FDEV Grade
Score 71 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 91Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 72Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 55Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 49Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 40Category rank
Our read on FDEV
AFour factors (value, quality, momentum, low volatility) blended into one developed-markets index fund at 0.18% a year. Fidelity's answer to paying up for a single-factor tilt overseas.
The fund seeks returns generally corresponding to the Fidelity International Multifactor Index before fees and expenses.
Why people hold it
- 0.18% a year, less than half the typical fee in its international multifactor group, and within a rounding error of the cheapest name there (INTF at 0.16%).
- One index does the work of four screens: value, quality, momentum and low volatility applied together, instead of you stacking separate single-factor funds.
- Roughly 220 developed-market stocks outside the US, picked by published index rules rather than a manager's hunches, with cash paid out quarterly.
- Sits in the top quartile of a 29-fund international factor cohort, which is a crowded field full of far pricier attempts at the same job.
Worth knowing
- Thinly traded. Spreads can quietly cost more than the fee, so limit orders matter more here than with the category's household names.
- A 2019 launch still in the mid-size asset range, so there is no decades-long record to lean on the way older international index funds offer.
- Blending four factors means none of them drives the bus. When value or momentum alone runs hot, this owns only a slice of that move.
FDEV Holdings
- Stocks
- 218
- 15%
- 1878.T
Sectors
- Financials23.2%
- Industrials14.4%
- Health Care13.0%
- Energy10.8%
- Cons. Staples10.4%
- Communication7.4%
- Real Estate6.3%
- Consumer Discr.5.5%
- Technology5.1%
- Materials4.0%
Geography
- Japan23.18%
- United Kingdom15.64%
- Canada13.83%
- France7.98%
- Switzerland4.46%
- Netherlands4.41%
- Germany3.56%
- Spain3.28%
- 23.65%
Developed 96% · Emerging 4%
FDEV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FDEV |
|---|---|
| Year to date | +10.5% |
| 1 month | −1.4% |
| 3 months | +5.5% |
| 1 year | +16.5% |
| 3 years | +17.6% |
| 5 years | +7.8% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FDEV |
|---|---|---|
| 2026 YTD | +10.5% | |
| 2025 | +30.4% | |
| 2024 | +5.9% | |
| 2023 | +13.4% | |
| 2022 | −16.6% | |
| 2021 | +11.0% | |
| 2020 | +5.5% |
FDEV in the news
ETF.net Research hasn’t filed on FDEV yet — coverage lands here as it’s written.
FDEV Dividends
- 3.26%
- $1.22
- $0.33 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Sep 22, 2026 | $0.33 |
| Jun 18, 2026 | Jun 23, 2026 | $0.38 |
| Mar 20, 2026 | Mar 24, 2026 | $0.25 |
| Dec 19, 2025 | Dec 23, 2025 | $0.26 |
| Sep 19, 2025 | Sep 23, 2025 | $0.21 |
| Jun 20, 2025 | Jun 24, 2025 | $0.29 |
| Mar 21, 2025 | Mar 25, 2025 | $0.23 |
| Dec 20, 2024 | Dec 24, 2024 | $0.14 |
| Sep 20, 2024 | Sep 24, 2024 | $0.20 |
| Jun 21, 2024 | Jun 25, 2024 | $0.27 |
| Mar 15, 2024 | Mar 20, 2024 | $0.22 |
| Dec 15, 2023 | Dec 20, 2023 | $0.12 |
FDEV Risk
- 10.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.11
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −27.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.66
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FDEV Cost
- The middle half of International Multifactor funds
- Median 0.35%
2 of the 30 International Multifactor funds charge less.