FEMR: FIDELITY ENHANCED EMERGING MARKETS ETF
Understanding the Fidelity Enhanced Emerging Markets ETF (FEMR)
The Fidelity Enhanced Emerging Markets ETF (ticker: FEMR) is an exchange-traded fund designed to provide exposure to emerging markets. As of October 6, 2026, the current price of one share is $42.12.
What this ETF is trying to do
This ETF invests in companies located in emerging markets. While the specific strategy details are not provided, the fund holds a variety of international stocks across different sectors. Because it focuses on emerging markets, it provides investors with a way to own pieces of companies in growing economies around the world.
What the numbers show
When looking at how this ETF has performed, it is important to distinguish between price return (the change in the share price) and total return (which includes both price changes and distributions).
• Year-to-Date (YTD): The YTD price return is approximately 29.43%. When including distributions, the YTD total return is approximately 31.38%.
• One-Year Performance: Over the last year, the price return was approximately 32.73%. The one-year total return was approximately 35.32%.
To put this in perspective, the estimated price from roughly one year ago was $31.73. Based on these figures, the fund has seen significant growth in both its share price and its total value over the past year.
Income and distribution explanation
FEMR provides cash distributions to investors. The distribution yield is approximately 1.79%. This number represents the cash distributions relative to the current ETF price.
The fund usually pays out on a quarterly basis, with 4 payments recorded over the last 12 months. It is important to remember that a distribution yield is not the same as total return. While distributions provide cash income, they are only one part of an investor's overall experience.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.
However, regarding price-based evidence, the fund has an erosion score of 100, which is labeled as "No price erosion detected." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Top Holdings
The following are some of the top holdings in the fund (note that this is a partial list):
• Samsung Electronics Co Ltd (6.40%)
• SK Hynix Inc (4.40%)
• Mediatek Inc (2.42%)
• Tencent Holdings Ltd (2.00%)
• Hon Hai Precision Industry Co Ltd (1.44%)
• Delta Electronics Inc (1.39%)
• Petroleo Brasileiro SA Petrobras ADR (1.22%)
• ASE Technology Holding Co Ltd (1.11%)
Holdings can change over time. This list was updated on October 7, 2026.
Pros
• Strong positive price and total returns over the last year.
• No detected price erosion according to the erosion score.
Cons
• The distribution yield is relatively modest (1.79%).
Beginner takeaway
FEMR has shown strong growth in its share price and total return over the past year. While it provides some quarterly income through distributions, its primary recent performance has been driven by the increase in its share price.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | n/a | n/a | 14.70% |
| 2 | SAMSUNG ELECTRONICS CO LTD | n/a | 6.40% |
| 3 | SK HYNIX INC | n/a | 4.40% |
| 4 | MEDIATEK INC | n/a | 2.42% |
| 5 | TENCENT HOLDINGS LTD | n/a | 2.00% |
| 6 | HON HAI PRECISION INDUSTRY CO LTD | n/a | 1.44% |
| 7 | DELTA ELECTRONICS INC | n/a | 1.39% |
| 8 | PETROLEO BRASILEIRO SA PETROBRAS ADR | PBR | 1.22% |
| 9 | n/a | n/a | 1.15% |
| 10 | ASE TECHNOLOGY HOLDING CO LTD | n/a | 1.11% |