Fidelity Emerging Markets Multifactor ETF (FDEM)

Fidelity Emerging Markets Multifactor ETF (FDEM) is an exchange-traded fund in the Diversified Emerging Mkts category. It has $600.86M in assets, an expense ratio of 0.25% and a 2.94% dividend yield. The fund normally invests at least 80% of its assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization emerging markets companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader emerging markets equity market, and lower correlation to the U.S. equity market.