FEMR vs RWEM
Fidelity Enhanced Emerging Markets ETF against Rayliant NxtGen Multifactor Emerging Markets Equity ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
41%
39 shared positions
Fee gap
14 bp
FEMR is cheaper
1-year return gap
—
Larger fund
FEMR
$197M
Side by side
| FEMR | RWEM | |
|---|---|---|
| Fund | Fidelity Enhanced Emerging Markets ETF | Rayliant NxtGen Multifactor Emerging Markets Equity ETF |
| Issuer | Fidelity | Rayliant |
| Category | Emerging Markets | Emerging Markets |
| Expense ratio | 0.38% | 0.52% |
| Assets | $197M | $72M |
| Average daily dollar volume | $1.7M | $529K |
| Listed | Nov 19, 2024 | Dec 15, 2021 |
| FrenzyCap score | 55 | 41 |
| 1-month return | −1.3% | −1.9% |
| 3-month return | +2.9% | +4.1% |
| Year to date | +26.1% | +20.1% |
| 1-year return | +29.3% | — |
| 30-day volatility | 19.9% | 21.5% |
| Worst drawdown, 1 year | −15.5% | −15.4% |
| Trailing 12-month yield | 1.84% | 1.79% |
| Holdings | 144 | 219 |
| Top 10 weight | 36.1% | 41.3% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$38M thru Jun 2026 | −$19M thru Jun 2026 |
| 30-day implied volatility | 29.2% | — |
| Holdings as of | as of Jun 30, 2026SEC filing | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
47% of FEMR · 49% of RWEM| Holding | FEMR | RWEM |
|---|---|---|
| TAIWAN SEMICONDUCTOR MFG CO LTD | 11.79% | 12.53% |
| SK HYNIX INC | 6.64% | 7.22% |
| SAMSUNG ELECTRONICS CO LTD | 6.43% | 7.12% |
| MEDIATEK INC | 2.21% | 5.24% |
| TENCENT HLDGS LTD | 1.97% | 2.39% |
| DELTA ELECTRONICS INC | 1.55% | 1.29% |
| REALTEK SEMICONDUCTOR CORP | 0.75% | 0.96% |
| ZHONGJI INNOLIGHT CO LTD | 0.74% | 0.79% |
| NOVATEK MICROELECTRONICS CORP | 0.73% | 0.82% |
| ALIBABA GROUP HOLDING LTD | 0.97% | 0.72% |
| LG ELECTRONICS INC NEW | 0.66% | 0.63% |
| CONTEMPORARY AMPEREX TECHNOLOGY CO LTD | 0.68% | 0.61% |
| BANK OF CHINA LTD | 0.60% | 0.61% |
| INNOLUX CORP | 0.53% | 1.32% |
| CITIC LTD | 0.63% | 0.52% |
| ORLEN SA | 0.50% | 0.60% |
| HD HYUNDAI CO LTD | 0.48% | 0.52% |
| HD HYUNDAI HEAVY INDUSTRIES CO LTD | 0.43% | 0.50% |
| SAMSUNG ELECTRONICS CO LTD | 1.06% | 0.37% |
| REMGRO LTD | 0.36% | 0.53% |
| HD KOREA SHIPBUILDING and OFFSHORE ENGINEERING CO LTD | 0.51% | 0.33% |
| DISCOVERY LTD | 0.30% | 0.33% |
| VIBRA ENERGIA SA | 0.62% | 0.28% |
| MUTHOOT FINANCE LTD | 0.52% | 0.27% |
| BHARTI AIRTEL LTD | 0.30% | 0.26% |
Sector mix of the stock holdings
| Sector | FEMR | RWEM | Gap |
|---|---|---|---|
| Consumer Discretionary | 0.7% | 1.1% | −0.4% |
| Technology | 1.9% | 0.0% | +1.9% |
| Materials | 0.7% | 0.6% | +0.1% |
| Financials | 0.6% | 0.6% | +0.0% |
| Energy | 1.1% | 0.0% | +1.1% |
| Industrials | 0.7% | 0.0% | +0.7% |
| Health Care | 0.1% | 0.0% | +0.1% |
More: full overlap table · FEMR holdings · RWEM holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.