# Portfolio overlap — FRIEX vs FFEM

Comparing **Federated Hermes Emerging Markets Equity Fund** (2026-02-28) and **Fidelity Fundamental Emerging Markets ETF** (2026-01-31).

- Shared positions: 19
- Federated Hermes Emerging Markets Equity Fund covered by Fidelity Fundamental Emerging Markets ETF: 0.4464557480067701741611393413
- Fidelity Fundamental Emerging Markets ETF covered by Federated Hermes Emerging Markets Equity Fund: 0.4464557480067701741611393414

## Federated Hermes Emerging Markets Equity Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| TSMC | 0.146912 | ✓ |
| SK HYNIX INC | 0.074759 | ✓ |
| SAMSUNG ELECTRONICS CO LTD | 0.064303 | ✓ |
| TENCENT HOLDINGS LTD | 0.051793 | ✓ |
| Federated Hermes Government Obligations Tax-Managed Fund, Institutional Class | 0.049837 |  |
| ZIJIN MINING-H | 0.048045 | ✓ |
| BABA-W | 0.046514 | ✓ |
| MERCADOLIBRE INC | 0.031058 |  |
| CAPITEC BANK HOLDINGS LTD COMMON STOCK | 0.029970 | ✓ |
| NU HOLDINGS LTD/CAYMAN ISLANDS | 0.029342 | ✓ |
| ASPEED TECH | 0.028845 | ✓ |
| MEDIATEK | 0.027987 | ✓ |
| KOREA AEROSPACE | 0.019765 | ✓ |
| Gold Fields Ltd SPONSORED ADR | 0.019637 |  |
| MAX HEALTHCARE I | 0.018356 | ✓ |
| KUAISHOU-W | 0.017946 |  |
| SAMSUNG ELECTRO | 0.016973 |  |
| PB FINTECH LTD | 0.016125 |  |
| Receive CONTEMPORARY A-A Pay Overnight Rate -1 | 0.015664 | ✓ |
| NAURA TECH GR -A | 0.013364 |  |
| APR CORP/KOREA | 0.013117 |  |
| HANWHA AEROSPACE | 0.012455 |  |
| Zijin Gold International Company Limited | 0.011596 |  |
| BILIBILI INC-Z | 0.010786 |  |
| FRONTKEN CORP | 0.010455 |  |
| ADNOC DRILLING C | 0.010444 | ✓ |
| Grab Holdings Ltd., Class A | 0.010172 |  |
| KE Holdings, Inc., Class A | 0.009610 |  |
| HDFC BANK LTD SPON ADR | 0.009538 | ✓ |
| Southern Copper Corporation COM USD0.01 | 0.008962 |  |
| CHINA MERCHANTS BANK-H COMMON STOCK | 0.008212 |  |
| CCB-H | 0.008042 | ✓ |
| PING AN-H | 0.008002 | ✓ |
| COMMERCIAL INTL | 0.007885 |  |
| VARUN BEVERAGES | 0.007290 |  |
| NAC KAZATOMPROM JSC GDR RGS | 0.007287 |  |
| PKOBP | 0.007274 |  |
| ASELSAN | 0.006889 | ✓ |
| ASE TECHNOLOGY H | 0.006395 |  |
| RELIANCE INDUSTRIES LTD(DEMAT)DEMATERIALIZED SHS | 0.006351 |  |
| TBC BANK GROUP P | 0.005892 |  |
| SAMSUNG BIOLOGIC | 0.005470 | ✓ |
| Vale S.A. SPONS ADS REPR 1 COM NPV | 0.005299 |  |
| FABRINET | 0.005253 |  |
| ITAU UNIBANCO HLDG SA SPON ADR | 0.005129 |  |
| VISTA OIL GAS SAB DE CV ADR | 0.004675 |  |
| Zinka Logistics Solutions Ltd | 0.004510 |  |
| Embotelladora Andina SA PREFERRED STOCK | 0.004482 |  |
| ChinaAMC Hang Seng Biotech ETF | 0.004465 |  |
| NINGBO TUOPU G-A | 0.004237 |  |

## Fidelity Fundamental Emerging Markets ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| TSMC | 0.145645 | ✓ |
| SAMSUNG ELECTRONICS CO LTD | 0.078112 | ✓ |
| TENCENT HOLDINGS LTD | 0.065813 | ✓ |
| SK HYNIX INC | 0.039790 | ✓ |
| BABA-W | 0.036747 | ✓ |
| Receive CONTEMPORARY A-A Pay Overnight Rate -1 | 0.019003 | ✓ |
| HDFC BANK LTD SPON ADR | 0.017383 | ✓ |
| MEDIATEK | 0.016832 | ✓ |
| AL RAJHI BANK | 0.016507 |  |
| CCB-H | 0.015877 | ✓ |
| Larsen & Toubro Ltd. | 0.015095 |  |
| RELIANC-GDR 144A | 0.013763 |  |
| BANK CENTRAL ASI | 0.013514 |  |
| CHINA LIFE-H | 0.012893 |  |
| CREDICORP LTD | 0.012701 |  |
| ICICI Bank Ltd | 0.012441 |  |
| ZIJIN MINING-H | 0.011944 | ✓ |
| NATL BANK GREECE | 0.011677 |  |
| OTP BANK (REG) | 0.011569 |  |
| PDD HOLDINGS INC ADR | 0.011557 |  |
| ITAU UNIBAN-PREF | 0.010689 |  |
| GERDAU SA -SPON ADR DEPOSITARY RECEIPT | 0.010384 |  |
| NASPERS NPV | 0.010128 |  |
| BYD COMPANY LTD H | 0.010128 |  |
| ADNOC GAS PLC | 0.009509 |  |
| PING AN-H | 0.009494 | ✓ |
| HYUNDAI MOTOR CO | 0.009150 |  |
| DELTA ELEC | 0.008996 |  |
| FIRSTRAND LTD | 0.008841 |  |
| HANSOH PHARMACEU | 0.008758 |  |
| KOREA AEROSPACE | 0.008707 | ✓ |
| ANGLOGOLD ASHANTI PLC | 0.008276 |  |
| SIEYUAN ELECTR-A | 0.008130 |  |
| PRIO SA | 0.008004 |  |
| IMPALA PLATINUM | 0.007961 |  |
| WALMART DE MEXIC | 0.007955 |  |
| BHARTI AIRTEL LIMITED | 0.007855 |  |
| SAUDI NATIONAL B | 0.007740 |  |
| CAPITEC BANK HOLDINGS LTD COMMON STOCK | 0.007445 | ✓ |
| YAGEO | 0.007155 |  |
| CEMEX SAB-CPO | 0.006980 |  |
| MMG | 0.006766 |  |
| ADNOC DRILLING C | 0.006445 | ✓ |
| WUXI APPTEC CO LTD H | 0.006402 |  |
| SHENZHEN INOVA-A | 0.006315 |  |
| RICHTER GEDEON N | 0.006302 |  |
| ZOMATO LTD | 0.006259 |  |
| COMMON STOCK | 0.006168 |  |
| HINDUSTAN AERONAUTICS LTD COMMON STOCK | 0.006160 |  |
| Bajaj Finance Ltd | 0.006146 |  |


## Sources

- N-PORT (fund A) — accession `0001707560-26-000060` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/1707560/000170756026000060/0001707560-26-000060-index.htm>
- N-PORT (fund B) — accession `0000035402-26-001968` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/945908/000003540226001968/0000035402-26-001968-index.htm>

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