Symbols

FDEV

Fidelity International Multifactor ETF·CBOE

--(--)

Key Stats

Assets Under Management

256.68MUSD

Fund Flows (1Y)

109.51MUSD

Dividend Yield

2.70%

Discount/Premium to NAV

0.75%

Shares Outstanding

7.10M

Expense Ratio

0.19%

About Fidelity International Multifactor ETF

Issuer

Fidelity Management & Research Company LLC

Brand

Fidelity

Home Page

https://institutional.fidelity.com/app/funds-and-products/etf/snapshot/FIIS_ETF_FDEV/fidelity-targeted-international-factor-etf.html

Inception Date

Feb 26, 2019

Structure

Open-Ended Fund

Index Tracked

Fidelity International Multifactor Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Fidelity Management & Research Co. LLC

Distributor

Fidelity Distributors Co. LLC

FDEV tracks an index of large- and midcap developed market ex-US stocks selected and weighted using a wide variety of valuation metrics. The fund looks for a combination of attractive valuation, high quality profiles, positive momentum signals, lower volatility than international equities at large, and lower correlation to the US equity market. FDEV uses various criteria in deciding the country a particular stock is tied to. This includes country of incorporation or registration, location of headquarters, primary stock exchange listing, and geographic breakdown of revenues and assets.