Stock Taper
EXCHANGE TRADED FUND

FEMR

Fidelity Covington Trust - Fidelity Enhanced Emerging Markets ETF
$41.03 ▲ 0.42%
+$0.17 TODAY

FUND FACTS

Manager Fidelity
Assets $201.83M
Expense ratio 0.38%
Inception Nov 19, 2024
Asset class Equity
Holdings 9
Volume 16.87K
Avg volume 44.94K

ABOUT THIS FUND

FEMR is actively managed and aims for capital appreciation by investing at least 80% of assets in securities and depositary receipts of emerging market issuers. These markets are defined by MSCI and include low- to middle-income economies as per the World Bank. The fund primarily invests in common stocks, diversifying across various emerging countries. A research-driven approach is used to identify long-term stock return drivers such as valuation, growth, and quality. This research is systematically applied with a proprietary portfolio construction and risk management framework. The objective is to select a diversified stock group that potentially offers higher total returns than the MSCI Emerging Markets Index.

PRICE

$41.03 ▲ UP 0.42% (+$0.17)
$40.95$41.00$41.059:50 AM10:52 AM11:53 AM12:54 PM1:56 PM2:57 PM3:59 PM41.03

HOLDINGS

TOP 9 OF 9 · 5.50% OF THE FUND
RANK STOCK WEIGHT SHARES VALUE
02 NU Nu Holdings Ltd. 1.26% 165.76K $2.6M
04 EMBJ Embraer S.A. 0.75% 20.44K $1.54M
05 JD JD.com, Inc. 0.66% 51.51K $1.36M
06 NTES NetEase, Inc. 0.64% 11.07K $1.32M
07 HDB HDFC Bank Limited 0.05% 4.38K $98.31K
08 ONC BeOne Medicines AG 0.01% 31 $11.25K

SECTOR HOLDINGS

TECHNOLOGY IS 47.70% OF THE FUND
Technology 47.70%
Financial Services 15.94%
Industrials 6.57%
Healthcare 5.69%
Energy 5.59%
Consumer Cyclical 5.54%
Basic Materials 4.67%
Communication Services 4.01%
Cash & Others 2.43%
Real Estate 0.72%
Consumer Defensive 0.62%
Utilities 0.52%

BY REGION

TAIWAN IS 31.69% OF THE FUND
Taiwan 31.69%
South Korea 20.13%
China 19.99%
India 7.40%
Brazil 5.12%
Thailand 2.81%
Saudi Arabia 2.09%
Hong Kong 1.75%
— Other 1.67%
United Arab Emirates 1.32%
Hungary 0.94%
United States 0.89%
South Africa 0.81%
Mexico 0.73%
Philippines 0.71%
Switzerland 0.57%
Greece 0.55%
Poland 0.45%
Colombia 0.32%
Egypt 0.05%