Northern Trust ESG & Climate Developed Markets ex-US Core ETF
$63.610.00 (0.00%)
- 0.16%
- $81M
- +15.7%
- 2.92%
- 0M sh
- $63.58
- low $53.55high $66.95
The ETF.net FEDM Grade
B
Score 67 out of 100
- 6 of 18
Score 67 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A82 out of 100Rank 4 of 18Mission
Whether the fund did what it promised, tested against its stated mandate.A89 out of 100Rank 10 of 15Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C45 out of 100Rank 14 of 18Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D36 out of 100Rank 13 of 18Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B59 out of 100Rank 10 of 18Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C40 out of 100Rank 16 of 18
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
- 231
- 17%
- ASML.AS
Sectors
- Financials28.3%
- Industrials16.5%
- Technology12.8%
- Health Care9.6%
- Consumer Staples6.5%
- Materials6.2%
- Energy5.7%
- Consumer Discretionary5.2%
- Communication4.7%
- Utilities3.0%
- Real Estate1.5%
Geography
- Japan21.82%
- United Kingdom13.30%
- Canada11.36%
- Germany8.00%
- France7.89%
- Switzerland6.76%
- Australia6.36%
- Spain5.83%
- 18.68%
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.
Not enough history yet.
FEDM$11,568
Returns run to the Oct 12, 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 | +10.0% |
| 1 month | −2.7% |
| 3 months | +1.5% |
| 1 year | +15.7% |
| 3 years | +17.0% |
| 5 years | +8.1% |
| 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 | +10.0% | |
| 2025 | +26.9% | |
| 2024 | +2.9% | |
| 2023 | +17.4% | |
| 2022 | −15.2% | |
| 2021 | +1.9% |
FEDM in the news
FEDM Dividends
- 2.92%
- $1.86
- $0.26 per share
- Quarterly
Distribution history
FEDM Risk
- 12.0%
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.
- 1.00
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
0.16%
FEDM0.16%
- The middle half of International ESG & Values Index funds
- Median 0.26%
3 of the 18 International ESG & Values Index funds charge less.
Other funds in International ESG & Values Index
- AEFAXState Street SPDR MSCI EAFE Fossil Fuel Reserves Free ETFExpense ratio 0.20%1 year return +13.0%
- BPABDiShares Paris-Aligned Climate Optimized MSCI World ex USA ETFExpense ratio 0.12%1 year return +11.4%
- BNUDMNuveen ESG International Developed Markets EquityExpense ratio 0.27%1 year return +12.7%
- BAVSDAvantis Responsible International Equity ETFExpense ratio 0.23%1 year return +15.0%
- BCVIECalvert International Responsible Index ETFExpense ratio 0.18%1 year return +24.8%