FDEM vs. SPEM ETF Comparison

Comparison of Fidelity Targeted Emerging Markets Factor ETF (FDEM) to SPDR Index Shares Fund SPDR Portfolio Emerging Markets ETF (SPEM)

FDEM

Fidelity Targeted Emerging Markets Factor ETF

FDEM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Targeted International Factor Index℠. The fund invests at least 80% of its assets in securities included in the index and in depository receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization developed international companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader developed international equity market, and lower correlation to the U.S. equity market.

Grade (RS Rating)

Last Trade

$25.77

Average Daily Volume

31,409

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SPEM

SPDR Index Shares Fund SPDR Portfolio Emerging Markets ETF

SPEM Description

The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P Emerging BMI Index. The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging markets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$39.44

Average Daily Volume

1,675,488

Number of Holdings ^*

102

* may have additional holdings in another (foreign) market

Performance

Period	FDEM	SPEM
30 Days	-3.66%	-4.39%
60 Days	-0.81%	0.77%
90 Days	-0.80%	1.81%
12 Months	15.26%	15.93%

13 Overlapping Holdings

Symbol	Grade	Weight in FDEM	Weight in SPEM	Overlap
ATHM	D	0.5%	0.02%	0.02%
BABA	D	1.37%	1.92%	1.37%
BCH	D	0.38%	0.02%	0.02%
BIDU	F	0.64%	0.27%	0.27%
CHT	C	0.57%	0.18%	0.18%
MNSO	C	0.09%	0.02%	0.02%
PDD	D	0.85%	0.81%	0.81%
TCOM	B	0.32%	0.33%	0.32%
VALE	F	0.28%	0.39%	0.28%
VALE	F	0.28%	0.02%	0.02%
VIPS	F	0.1%	0.05%	0.05%
WIT	B	0.17%	0.17%	0.17%
YUMC	B	0.18%	0.22%	0.18%

FDEM Overweight 1 Positions Relative to SPEM

	Symbol	Grade	Weight
	LPL	D	0.03%

FDEM Underweight 89 Positions Relative to SPEM

Symbol	Grade	Weight
HDB	B	-1.23%
IBN	D	-0.92%
INFY	D	-0.88%
NU	C	-0.49%
ITUB	D	-0.37%
PBR	D	-0.28%
UMC	F	-0.22%
RDY	D	-0.16%
BBD	D	-0.16%
BAP	A	-0.16%
BEKE	C	-0.15%
LI	F	-0.14%
BGNE	D	-0.14%
ERJ	A	-0.13%
ABEV	F	-0.12%
ZTO	F	-0.11%
SCCO	F	-0.11%
CIG	C	-0.1%
GGB	C	-0.08%
XPEV	C	-0.08%
EBR	F	-0.08%
NIO	F	-0.07%
BILI	C	-0.06%
BVN	D	-0.06%
YMM	D	-0.06%
ASAI	F	-0.06%
TME	F	-0.06%
MMYT	B	-0.06%
TAL	D	-0.05%
ENIC	B	-0.05%
QFIN	B	-0.04%
SUZ	B	-0.04%
VIST	B	-0.04%
CIB	B	-0.04%
BZ	F	-0.04%
BRFS	D	-0.04%
STNE	F	-0.03%
LEGN	F	-0.03%
CSAN	F	-0.03%
GDS	C	-0.03%
SBSW	D	-0.03%
DQ	D	-0.02%
SBLK	F	-0.02%
HEPS	C	-0.02%
PAGS	F	-0.02%
SIMO	D	-0.02%
YY	B	-0.02%
SID	D	-0.02%
DDL	B	-0.01%
DAC	B	-0.01%
GOTU	F	-0.01%
TIGR	D	-0.01%
EH	C	-0.01%
TEN	F	-0.01%
HIMX	F	-0.01%
BLTE	B	-0.01%
BWMX	F	-0.01%
IQ	F	-0.01%
SB	D	-0.01%
VTEX	F	-0.01%
JKS	F	-0.01%
MOMO	D	-0.01%
BAK	F	-0.01%
RLX	C	-0.01%
GPI	B	-0.0%
VSTA	F	-0.0%
IH	F	-0.0%
NIU	F	-0.0%
TUYA	C	-0.0%
DADA	F	-0.0%
DOYU	C	-0.0%
HUYA	F	-0.0%
DSX	F	-0.0%
BTBT	C	-0.0%
SOHU	F	-0.0%
CBAT	F	-0.0%
CAN	C	-0.0%
CINT	D	-0.0%
NEXA	B	-0.0%
NOAH	C	-0.0%
LX	C	-0.0%
FINV	B	-0.0%
API	C	-0.0%
AFYA	F	-0.0%
VNET	C	-0.0%
YALA	C	-0.0%
RERE	D	-0.0%
RNW	D	-0.0%
WB	C	-0.0%