FEMR Fidelity Covington Trust - Fidelity Enhanced Emerging Markets ETF
Quote as of Oct 23, 2026 20:00 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 37.93 | Day Range | 38.00 – 38.23 |
| 52-Week Range | 30.36 – 44.41 | Volume | 18.37K |
| Avg Volume | 42.21K | AUM | $201.8M (Oct 26, 2026) |
| Expense Ratio | 0.38% | Yield (TTM) | 1.98% |
| NAV | 38.19 | Premium/Discount | -0.34% indicative |
| Inception | Nov 19, 2024 | Holdings | 187 |
| Issuer | Fidelity | Exchange | AMEX |
| Category | Emerging Markets | Index Tracked | Not stated in source data |
| CUSIP | 31609A800 | ISIN | US31609A8009 |
| Management | Actively managed (per issuer description) | ||
About this ETF
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.
Description from the fund data provider · profile as of Oct 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -8.86% | -2.88% | -1.01% | +16.96% | +19.50% | — | — | — | +24.38% |
| Total return | -8.86% | -2.21% | +0.29% | +18.75% | +21.87% | — | — | — | +27.02% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.38% | Annual cost of a $10,000 investment | $38.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 23, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 187 holdings stored, 25 shown.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MFG CO LT | 2330.TW | 14.94% | 404.51K | $29.6M |
| 2 | SAMSUNG ELECTRONICS CO LTD | 005930.KS | 5.65% | 69.19K | $11.2M |
| 3 | SK HYNIX INC | 000660.KS | 3.35% | 7.20K | $6.6M |
| 4 | MEDIA TEK INC | 2454.TW | 2.08% | 33.51K | $4.1M |
| 5 | TENCENT HOLDINGS LTD | 0700.HK | 1.92% | 77.94K | $3.8M |
| 6 | CASH CF | — | 1.65% | 3.27M | $3.3M |
| 7 | PETROLEO BRASILEIRO SA - PETRO | PBR | 1.61% | 124.72K | $3.2M |
| 8 | HON HAI PRECISION IND CO LTD | 2317.TW | 1.48% | 390.99K | $2.9M |
| 9 | NAN YA PLASTICS CORP | 1303.TW | 1.33% | 285.87K | $2.6M |
| 10 | NU HOLDINGS LTD/CAYMAN ISLANDS | NU | 1.31% | 175.91K | $2.6M |
| 11 | DELTA ELECTRONICS IND CO LTD | 2308.TW | 1.21% | 50.15K | $2.4M |
| 12 | ALIBABA GROUP HOLDING LTD | 9988.HK | 1.14% | 181.94K | $2.3M |
| 13 | ASE TECHNOLOGY HOLDING CO LTD | 3711.TW | 1.09% | 107.87K | $2.2M |
| 14 | CHINA CONSTRUCTION BANK CORP H | 0939.HK | 1.09% | 1.74M | $2.2M |
| 15 | AL RAJHI BANKING &INVEST CORP | 1120.SR | 0.89% | 111.14K | $1.8M |
| 16 | SAUDI ARAMCO | 2222.SR | 0.89% | 261.28K | $1.8M |
| 17 | SAMSUNG ELECTRONICS CO LTD PFD | 005935.KS | 0.89% | 13.95K | $1.8M |
| 18 | ITAU UNIBANCO HOLDING SA | ITUB4.SA | 0.85% | 177.65K | $1.7M |
| 19 | YUANTA FINL HLDG CO LTD | 2885.TW | 0.85% | 757.44K | $1.7M |
| 20 | SINOPAC HOLDINGS | 2890.TW | 0.84% | 1.17M | $1.7M |
| 21 | VIBRA ENERGIA SA | VBBR3.SA | 0.82% | 221.51K | $1.6M |
| 22 | SAMSUNG ELECTRO-MECHANICS CO | 009150.KS | 0.80% | 1.84K | $1.6M |
| 23 | PTT PCL NVDR | PTT-R.BK | 0.80% | 1.29M | $1.6M |
| 24 | SK SQUARE CO LTD | 402340.KS | 0.78% | 2.72K | $1.5M |
| 25 | PTT EXPLORATION & PROD NVDR | PTTEP-R.BK | 0.78% | 318.34K | $1.5M |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 1.98% | Paid (last 12 months) | $0.7540 |
| Frequency | Quarterly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Sep 18, 2026 | Last payment | $0.2880 (Sep 22, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Sep 18, 2026 | Sep 18, 2026 | Sep 22, 2026 | $0.2880 |
| Jun 18, 2026 | Jun 18, 2026 | Jun 23, 2026 | $0.2530 |
| Mar 20, 2026 | Mar 20, 2026 | Mar 24, 2026 | $0.0760 |
| Dec 19, 2025 | Dec 19, 2025 | Dec 23, 2025 | $0.1370 |
| Sep 19, 2025 | Sep 19, 2025 | Sep 23, 2025 | $0.1500 |
| Jun 20, 2025 | Jun 20, 2025 | Jun 24, 2025 | $0.2460 |
| Mar 21, 2025 | Mar 21, 2025 | Mar 25, 2025 | $0.0910 |
| Dec 20, 2024 | Dec 20, 2024 | Dec 24, 2024 | $0.0900 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 26.23% / — | Sharpe 1Y / 3Y | 0.668 / — |
| Max drawdown 1Y / 3Y | -15.47% / — | Sortino 1Y | 0.948 |
| Beta vs S&P 500 (3Y) | 0.932 | Correlation vs S&P 500 (1Y) | 0.74 |
| Downside deviation 1Y | 18.47% | Risk-free rate used | 4.04% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 26, 2026. Formulas →
Liquidity
| Volume today | 18.37K | Average volume | 42.21K |
| AUM | $201.8M | Premium/Discount | -0.34% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for FEMR
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.