Fidelity Covington Trust - Fidelity Enhanced Emerging Markets ETF
$40.33−0.33 (−0.81%)
- 0.38%
- $202M
- +36.8%
- 1.85%
- 0M sh
- $40.86
- low $30.36high $44.41
The ETF.net FEMR Grade
B
Score 68 out of 100
- 7 of 28
Score 68 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.A85 out of 100Rank 5 of 28Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D37 out of 100Rank 23 of 28Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A72 out of 100Rank 8 of 28Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B64 out of 100Rank 11 of 26Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B58 out of 100Rank 13 of 28
FEMR Holdings
- Stocks
- 181
- 38%
- 2330.TW
Sectors
- Technology47.2%
- Financials16.4%
- Industrials6.4%
- Energy6.4%
- Health Care5.8%
- Communication5.6%
- Consumer Discretionary5.4%
- Materials4.8%
- Real Estate0.8%
- Consumer Staples0.6%
- Utilities0.6%
Geography
- Taiwan32.62%
- China20.27%
- South Korea19.46%
- India7.48%
- Brazil5.90%
- Thailand2.86%
- Saudi Arabia2.13%
- Hong Kong1.76%
- 7.51%
Developed 2% · Emerging 98%
FEMR 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.Not enough history yet.Not enough history yet.
FEMR$13,676
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 | FEMR |
|---|---|
| Year to date | +26.8% |
| 1 month | −2.2% |
| 3 months | −0.7% |
| 1 year | +36.8% |
| 3 years | — |
| 5 years | — |
| 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 | FEMR |
|---|---|---|
| 2026 YTD | +26.8% | |
| 2025 | +35.3% | |
| 2024 | −1.5% |
FEMR in the news
FEMR Dividends
- 1.85%
- $0.75
- $0.29 per share
- Quarterly
Distribution history
FEMR Risk
- 18.6%
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.
- 1.49
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.
- −15.6%
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.
- 1.06
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FEMR Cost
0.38%
FEMR0.38%
- The middle half of Emerging Markets Active Equity funds
- Median 0.65%
4 of the 27 Emerging Markets Active Equity funds charge less.
Other funds in Emerging Markets Active Equity
- ADFEMDimensional - Emerging Markets Core Equity 2 ETFExpense ratio 0.39%1 year return +29.5%
- AAVEEAvantis Emerging Markets Small Cap Equity ETFExpense ratio 0.42%1 year return +15.8%
- BSEEMSEI Exchange Traded Funds - SEI Select Emerging Markets Equity ETFExpense ratio 0.60%1 year return +34.7%
- BEMESHarbor Emerging Markets Select ETF (EMES)Expense ratio 0.65%1 year return +29.9%
- BEMOPAlliance Bernstein - AB Emerging Markets Opportunities ETFExpense ratio 0.70%1 year return —