# Portfolio overlap — FSZIX vs FFEM

Comparing **Fidelity Sustainable Emerging Markets Equity Fund** (2026-01-31) and **Fidelity Fundamental Emerging Markets ETF** (2026-01-31).

- Shared positions: 70
- Fidelity Sustainable Emerging Markets Equity Fund covered by Fidelity Fundamental Emerging Markets ETF: 0.5867965088471700137428711109
- Fidelity Fundamental Emerging Markets ETF covered by Fidelity Sustainable Emerging Markets Equity Fund: 0.5867965088471700137428711108

## Fidelity Sustainable Emerging Markets Equity Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| TSMC | 0.120128 | ✓ |
| Fidelity Cash Central Fund | 0.063137 | ✓ |
| SAMSUNG ELECTRONICS CO LTD | 0.056830 | ✓ |
| iShares ESG Aware MSCI EM ETF | 0.046088 |  |
| TENCENT HOLDINGS LTD | 0.042715 | ✓ |
| BABA-W | 0.038312 | ✓ |
| SK HYNIX INC | 0.038118 | ✓ |
| CCB-H | 0.017405 | ✓ |
| DELTA ELEC | 0.017186 | ✓ |
| MEDIATEK | 0.016040 | ✓ |
| RELIANCE INDUSTRIES LTD(DEMAT)DEMATERIALIZED SHS | 0.014510 |  |
| ANGLOGOLD ASHANTI PLC | 0.013177 | ✓ |
| PING AN-H | 0.012342 | ✓ |
| CREDICORP LTD | 0.010604 | ✓ |
| H World Group Ltd. SPONSORED ADS | 0.010278 | ✓ |
| HDFC BANK LTD | 0.010006 |  |
| BHARTI AIRTEL LIMITED | 0.009942 | ✓ |
| ZIJIN MINING-H | 0.009616 | ✓ |
| MMG | 0.009013 | ✓ |
| OTP BANK (REG) | 0.008855 | ✓ |
| CHROMA ATE | 0.008815 | ✓ |
| ITAU UNIBAN-PREF | 0.008460 | ✓ |
| NATL BANK GREECE | 0.007720 | ✓ |
| PICC P&C-H | 0.007297 |  |
| AL RAJHI BANK | 0.007283 | ✓ |
| AXIA ENERGIA | 0.007210 |  |
| WUXI APPTEC CO LTD H | 0.007184 | ✓ |
| LARSEN and TOUBRO LTD | 0.007140 |  |
| INTL CONTAINER TERM SVCS INC COMMON STOCK | 0.007058 |  |
| MONTAGE TECHNO-A | 0.006197 |  |
| GRUPO F BANORT-O | 0.006175 | ✓ |
| BYD COMPANY LTD H | 0.006172 | ✓ |
| AIRPORTS OF TH-F | 0.006112 | ✓ |
| EUROBANK SA | 0.006062 | ✓ |
| ANTOFAGASTA PLC | 0.006041 |  |
| SAUDI NATIONAL B | 0.005945 | ✓ |
| LOCALIZA RENT A CAR SA | 0.005921 | ✓ |
| CHINA LIFE-H | 0.005914 | ✓ |
| LS ELECTRIC CO L | 0.005806 | ✓ |
| HYBE CO LTD | 0.005777 |  |
| NU HOLDINGS LTD/CAYMAN ISLANDS | 0.005740 | ✓ |
| BCO BTG PAC-UNIT | 0.005740 | ✓ |
| ICICI BANK LTD | 0.005646 |  |
| BIZLINK HOLDING | 0.005321 | ✓ |
| HYUNDAI MOTOR CO | 0.005264 | ✓ |
| HON HAI | 0.005252 |  |
| KB FINANCIAL GRO | 0.005251 | ✓ |
| Tencent Music Entertainment Group SPON ADS EA REP 2 ORD SHS | 0.005247 | ✓ |
| Receive CONTEMPORARY A-A Pay Overnight Rate -1 | 0.005013 | ✓ |
| GERDAU SA -SPON ADR DEPOSITARY RECEIPT | 0.004979 | ✓ |

## 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 `0000035402-26-002094` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/744822/000003540226002094/0000035402-26-002094-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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