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Upturn AI Summary
Fidelity Enhanced Emerging Markets ETF(FEMR)
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 FEMR
11/06/2026: FEMR (2-star) is currently NOT-A-BUY. Pass it for now.
Fidelity Enhanced Emerging Markets ETF (FEMR) is an actively managed fund that uses a quantitative process to select emerging market stocks with the goal of outperforming traditional market-cap-weighted indices. Its primary strengths lie in the backing of Fidelity’s robust research platform and the potential for active selection to improve returns. It is best used as a growth-oriented component within a diversified long-term portfolio. Investors should be aware of the high market and volatility risks associated with developing economies, as well as the higher expense ratio compared to passive alternatives. It is most suitable for investors who believe in the efficacy of active quantitative strategies for international market exposure.
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 | Strong fit | The fund targets companies in developing nations with high growth potential, aligning with a growth-oriented strategy. |
| Momentum investor | Strong fit while signal remains positive | The quantitative strategy often incorporates momentum factors, making it attractive when emerging market trends are upward. |
| Value investor | Mixed fit | While the quantitative model may pick undervalued stocks, the fund's focus is on growth and alpha generation rather than pure value. |
| Dividend/Income investor | Weak fit | The fund is not specifically structured to prioritize high dividend yields, focusing instead on capital appreciation. |
| Low-risk investor | Weak fit | Emerging markets are inherently volatile, making this fund unsuitable for investors prioritizing capital preservation. |
Investor Profile
Ideal Investor Profile
The ideal investor is an experienced, long-term investor seeking growth through emerging markets and who values active quantitative strategies over passive index tracking.
Suitability
FEMR is best suited for long-term investors looking to diversify their portfolio and willing to accept higher volatility in exchange for potential alpha.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Emerging markets are subject to significant price swings due to economic and political instability. |
| Market risk | High | The entire asset class is sensitive to global macroeconomic developments and investor sentiment. |
| Concentration | Medium | The fund may have sector or country concentrations based on its quantitative model selection. |
| Tracking/expense | Low | As an active fund, it does not aim to track a benchmark perfectly, so tracking error is expected by design. |
| Liquidity | Medium | Some underlying emerging market securities may have lower liquidity during periods of market stress. |
| Business/sector quality | Medium | The active selection process aims to mitigate quality risks, though emerging market corporate governance varies widely. |
Risk Analysis
Volatility
FEMR experiences higher-than-average volatility inherent in emerging market equities, driven by currency fluctuations and geopolitical risk.
Market Risk
The fund is heavily exposed to systematic risk within developing nations, including economic policy changes and regulatory environments.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Geography | Emerging Markets Equities | 98.5 | This exposure provides core growth potential from companies operating in developing economies. |
| Cash/collateral | Cash and Cash Equivalents | 1.5 | This small liquidity buffer is held to manage daily flows and transaction costs. |
Analysis of Past Performance
Type ETF | Historic Profit 14.97% | Avg. Invested days 61 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 11/06/2026 |
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