FDEM vs. AIA ETF Comparison

Comparison of Fidelity Targeted Emerging Markets Factor ETF (FDEM) to iShares Asia 50 ETF (AIA)

FDEM

Fidelity Targeted Emerging Markets Factor ETF

FDEM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Targeted International Factor Index℠. The fund invests at least 80% of its assets in securities included in the index and in depository receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization developed international companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader developed international equity market, and lower correlation to the U.S. equity market.

Grade (RS Rating)

Last Trade

$25.69

Average Daily Volume

31,140

Number of Holdings ^*

* may have additional holdings in another (foreign) market

AIA

iShares Asia 50 ETF

AIA Description

The investment seeks to track the investment results of an index composed of 50 of the largest Asian equities. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. It seeks to track the investment results of the S&P Asia 50TM (the "underlying index"), which is a total float-adjusted, market capitalization-weighted index that is designed to measure the performance of the 50 leading companies listed in four Asian countries or regions: Hong Kong, Singapore, South Korea and Taiwan. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$69.32

Average Daily Volume

101,997

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDEM	AIA
30 Days	-3.18%	-5.02%
60 Days	-0.98%	3.05%
90 Days	-1.44%	1.96%
12 Months	16.27%	21.70%

4 Overlapping Holdings

Symbol	Grade	Weight in FDEM	Weight in AIA	Overlap
BABA	D	1.37%	6.12%	1.37%
BIDU	F	0.64%	0.83%	0.64%
CHT	C	0.57%	0.51%	0.51%
TCOM	B	0.32%	1.13%	0.32%

FDEM Overweight 9 Positions Relative to AIA

Symbol	Grade	Weight
PDD	F	0.85%
ATHM	C	0.5%
BCH	C	0.38%
VALE	F	0.28%
YUMC	C	0.18%
WIT	B	0.17%
VIPS	F	0.1%
MNSO	D	0.09%
LPL	D	0.03%

FDEM Underweight 3 Positions Relative to AIA

Symbol	Grade	Weight
UMC	F	-0.56%
LI	F	-0.49%
HKD	F	-0.0%