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Fidelity Enhanced Emerging Markets (FEMR)Overvalued or undervalued?
Look-through valuation · Global · Expense ratio 0.38 % · ISIN US31609A8009
Price history (since 2024)
Monthly close since 2024. Price shows performance, the valuation verdict is in the look-through above.
Top holdings
| Holding | Weight | vs fair value | Quality |
|---|---|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. 2330 | 14.6 % | +10.0 % | 72 |
| Samsung Electronics Co Ltd SSNLF | 6.6 % | n/a | n/a |
| SK Hynix Inc 000660 | 4.6 % | +10.0 % | 68 |
| MediaTek Inc 2454 | 2.4 % | −41.0 % | 79 |
| Tencent Holdings Ltd 0700 | 2.0 % | +62.2 % | 70 |
| Delta Electronics Inc 2308 | 1.4 % | −76.9 % | 58 |
| Hon Hai Precision Industry Co Ltd 2317 | 1.3 % | +17.3 % | 57 |
| Alibaba Group Holding Ltd 9988 | 1.2 % | n/a | n/a |
| Petroleo Brasileiro Petrobras SA ADR PBR | 1.2 % | +35.6 % | 65 |
| Lenovo Group 0992 | 1.1 % | −6.4 % | 47 |
| ASE Industrial Holding Co Ltd 3711 | 1.1 % | −71.4 % | 51 |
| SK Square Co Ltd 402340 | 1.0 % | −2.4 % | 75 |
| Samsung Electronics Co Pref 005935 | 1.0 % | n/a | n/a |
| Nan Ya Plastics Corp 1303 | 1.0 % | +60.0 % | 53 |
| China Construction Bank Corp 0939 | 1.0 % | +75.1 % | 46 |
| Samsung Electro-Mechanics 009150 | 0.9 % | −88.6 % | 57 |
| Cathay Financial Holding Co Ltd 2882 | 0.9 % | −34.5 % | 54 |
| Al Rajhi Bank 1120 | 0.9 % | −41.5 % | 45 |
| CTBC Financial Holding Co Ltd 2891 | 0.8 % | −36.3 % | 56 |
| Saudi Aramco 2222 | 0.8 % | −21.9 % | 74 |
| NetEase Inc NTES | 0.8 % | +117.0 % | 81 |
| Firstrand Ltd FSR | 0.8 % | −33.6 % | 45 |
| SK Holdings Co Ltd 034730 | 0.8 % | +3.6 % | 44 |
| Vibra Energia S.A. VBBR3 | 0.8 % | n/a | n/a |
| Southern Copper Corporation SCCO | 0.8 % | −20.3 % | 72 |
Fair value and quality per position come from the same valuation as our stock pages. Showing the 25 largest of 46 disclosed positions. "n/a" means the position is not (yet) in our stock universe and does not enter the average.
The 10 most cheaply valued ETFs
Measured against the look-through fair value of the holdings (sufficiently covered funds only). Green means below fair value, red above. Not financial advice.
- 1 CHIU Global X MSCI China Utilities ETF +87.2 % below FV
- 2 FXI iShares China Large-Cap ETF +57.2 % below FV
- 3 FCFY First Trust S&P 500 Diversified Free Cash Flow ETF +43.7 % below FV
- 4 MCHI iShares MSCI China ETF +41.9 % below FV
- 5 ITB iShares U.S. Home Construction ETF +31.4 % below FV
- 6 TAN Invesco Solar ETF +26.0 % below FV
- 7 C003 Amundi Index Solutions - Amundi DivDAX I UCITS ETF EUR Distributing +19.4 % below FV
- 8 FDNI First Trust Dow Jones International Internet ETF +19.3 % below FV
- 9 ESPO VanEck Video Gaming and eSports ETF +18.3 % below FV
- 10 XIDV Franklin International Dividend Booster Index ETF +17.9 % below FV
Frequently asked about FEMR
Is FEMR overvalued?
What is the fair value of FEMR?
How do you calculate the fair value of an ETF?
Which stocks drive the valuation of FEMR?
What is the expense ratio of FEMR?
How we value this ETF
An ETF has no fair value of its own like a single stock. We build it bottom up: every holding has a fair value and a quality score on our pages. Weighted by portfolio share, that gives Fidelity Enhanced Emerging Markets ETF an average of how cheap or expensive its companies currently sit versus fair value, and how high their average quality is.
As of: Sep 25, 2026
The look-through is a computed summary of public fundamentals and is no substitute for your own research.