FIDELITY INTERNATIONAL MULTIFACTOR ETF (FDEV) — ()
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FDEV: Japan-Heavy ETF With Smart Strategy, Low Fees, But Drab Returns
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Sentiment: Negative ()
FDEV is a passively managed ETF that leverages a sophisticated, factor-driven strategy applied to the developed world equities. At this point, FDEV has a Japan-heavy portfolio with a low P/E …
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About FIDELITY INTERNATIONAL MULTIFACTOR ETF FDEV
Provides exposure to a portfolio of international companies that score well across value, quality, low volatility, and momentum factors, and also have lower correlation to the US market.