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Upturn AI Summary
FlexShares ESG & Climate Developed Markets ex-US Core Index Fund(FEDM)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for FEDM
10/28/2026: FEDM (2-star) is currently NOT-A-BUY. Pass it for now.
FEDM provides focused exposure to international developed market equities while applying ESG and climate-related screens to the portfolio. Its primary strengths lie in its adherence to sustainability mandates and institutional-grade management by Northern Trust. Investors should note that it is a smaller, less liquid fund compared to major international benchmarks and carries a higher expense ratio. It is most suitable for long-term investors seeking to integrate ESG goals into their international equity allocation. Key factors to monitor include the fund's asset growth, tracking error, and the relative performance of ESG-tilted strategies versus the broader market.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | The fund offers growth potential through international exposure, though the ESG tilt may lead to performance deviations from traditional growth indices. |
| Momentum investor | Weak fit | The fund's systematic ESG focus is not designed to capture short-term momentum trends. |
| Value investor | Mixed fit | Many ESG screens can inadvertently filter out 'value' heavy sectors like energy, potentially shifting the portfolio profile. |
| Dividend/Income investor | Mixed fit | While it holds international companies that pay dividends, the primary focus remains on ESG factors rather than income optimization. |
| Low-risk investor | Weak fit | International equity investing involves inherent currency and market risks that are generally not suitable for low-risk portfolios. |
Investor Profile
Ideal Investor Profile
The ideal investor is an individual or institutional participant who wants international equity exposure but specifically requires an ESG/climate filter for their portfolio.
Suitability
FEDM is best suited for long-term investors committed to sustainable investing who are willing to accept slightly higher costs and lower liquidity in exchange for specific ESG alignment.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | Medium / high | International stocks are subject to fluctuations in foreign economies and currency exchange rates. |
| Market risk | Medium / high | The fund is fully exposed to systematic risks within developed international markets. |
| Concentration | Medium | ESG screens can create sector concentrations that differ from the broader market. |
| Tracking/expense | Low | The fund generally tracks its index effectively, though the expense ratio is higher than plain-vanilla passive alternatives. |
| Liquidity | Medium | Lower trading volumes mean investors may face wider spreads when entering or exiting positions. |
| Business/sector quality | Medium | ESG screens aim to improve quality but may exclude large industries that are currently performing well. |
Risk Analysis
Volatility
FEDM displays volatility characteristic of developed international equity markets, influenced by geopolitical factors and regional economic health.
Market Risk
As an equity fund, it is primarily exposed to the systemic risk of international markets, which can be exacerbated by currency exchange rate fluctuations.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Geography | International Developed Markets (Ex-US) | 98.5 | This provides broad diversification across established economies like Japan, the UK, and Europe while excluding US stocks. |
| Cash/collateral | Cash and Cash Equivalents | 1.5 | A small portion of the portfolio is held in cash to manage daily liquidity and administrative needs. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Very Smooth
The stock has followed a highly orderly price path with minimal short-term disruption.
Analysis of Past Performance
Type ETF | Historic Profit 9.04% | Avg. Invested days 76 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/28/2026 |
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