FDEM
Fidelity Emerging Markets Multifactor ETF
FIDELITY COVINGTON TRUST
ETFIndex fund

Average annual returns

Through 2025
1 year
25.77%
3 year
17.37%
5 year
6.59%
10 year

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

Risk statistics

78 months through Jan. 31, 2026
Volatility (ann.)
11.16%
Sharpe
1.71
Sortino
3.70
Max drawdown
-27.35%
Best month
11.92%
Worst month
-16.54%
Beta vs VTIAX
0.81
Correlation
0.83

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

Machine-readable: JSON · Markdown. Programmatic access via the agent surface.