Northern Trust ESG & Climate Developed Markets ex-US Core ETF
$64.34−1.12 (−1.71%)
- Expense ratio
- 0.16%
- Fund size
- $83M
- 1Y return
- +18.9%
- Yield · Last 12 months
- 2.84%
- Holdings
- 252
- Volume · 30D
- 0M sh
- NAV per share
- $65.12
- 52W range
The ETF.net FEDM Grade
Score 64 of 100 sits in the B 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 71Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 89Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 52Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 35Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 59Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 45Category rank
Our read on FEDM
BDeveloped markets outside the US, filtered through Northern Trust's ESG and climate index rules and priced at 0.16%. Cheaper than the typical fund in its category, dearer than the plain-vanilla giants. The screen is the whole point.
The Fund seeks to track, before fees and expenses, the performance of the Northern Trust ESG & Climate Developed Markets ex-US Core Index.
Why people hold it
- Charges 0.16% a year, below the 0.18% median for developed-market core funds. The ESG and climate screen arrives without a boutique price tag.
- The screen lives in the rulebook, not a manager's mood. It tracks the Northern Trust ESG & Climate Developed Markets ex-US Core Index, published methodology and all.flexshares.com
- Shaped as a core holding, not a side bet: roughly 300 developed-market stocks outside the US in one ticket, with distributions paid quarterly.flexshares.com
- What's inside matches what's on the label. The portfolio lines up closely with its stated ESG and climate mandate rather than drifting into generic international beta.
Worth knowing
- Unscreened developed-market funds (VEA, SPDW, SCHF) charge 0.03%. The screen costs you several times the going rate for the same broad geography.
- Launched in 2021 and thinly traded next to the category's giants, which can mean wider bid-ask spreads and a shorter record to judge it by.
- A screened list of roughly 300 names is not the whole developed-ex-US market. Sector and country weights will sit differently from an unscreened index.
FEDM Holdings
- Stocks
- 252
- 16%
- ASML.AS
Sectors
- Financials27.9%
- Industrials16.8%
- Technology11.6%
- Health Care9.0%
- Cons. Staples6.8%
- Materials6.7%
- Consumer Discr.5.8%
- Energy5.4%
- Communication5.3%
- Utilities3.1%
- Real Estate1.6%
Geography
- Japan21.21%
- United Kingdom13.35%
- Canada11.59%
- France8.15%
- Germany8.00%
- Switzerland6.63%
- Australia6.27%
- Spain5.99%
- 18.81%
Developed 99% · Emerging 1%
FEDM 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 | FEDM |
|---|---|
| Year to date | +13.2% |
| 1 month | −1.2% |
| 3 months | +5.6% |
| 1 year | +18.9% |
| 3 years | +17.4% |
| 5 years | +8.3% |
| 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 | FEDM |
|---|---|---|
| 2026 YTD | +13.2% | |
| 2025 | +26.9% | |
| 2024 | +2.9% | |
| 2023 | +17.4% | |
| 2022 | −15.2% | |
| 2021 | +1.9% |
FEDM in the news
ETF.net Research hasn’t filed on FEDM yet — coverage lands here as it’s written.
FEDM Dividends
- 2.84%
- $1.86
- $0.26 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Pays Sep 24, 2026 | $0.26 |
| Jun 18, 2026 | Jun 25, 2026 | $0.89 |
| Mar 20, 2026 | Mar 26, 2026 | $0.16 |
| Dec 19, 2025 | Dec 26, 2025 | $0.54 |
| Sep 19, 2025 | Sep 25, 2025 | $0.26 |
| Jun 20, 2025 | Jun 26, 2025 | $0.80 |
| Mar 21, 2025 | Mar 27, 2025 | $0.15 |
| Dec 20, 2024 | Dec 27, 2024 | $0.30 |
| Sep 20, 2024 | Sep 26, 2024 | $0.29 |
| Jun 21, 2024 | Jun 27, 2024 | $0.70 |
| Mar 15, 2024 | Mar 21, 2024 | $0.12 |
| Dec 15, 2023 | Dec 21, 2023 | $0.25 |
FEDM Risk
- 12.1%
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.
- 0.97
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.
- −29.4%
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.
- 0.91
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FEDM Cost
- The middle half of International ESG & Values Index funds
- Median 0.26%
3 of the 18 International ESG & Values Index funds charge less.