FDEM Price Prediction, Fidelity Emerging Markets Mltfct ETF AI Recommendations

The most notable companies in this group are PDD Holdings (NASDAQ:PDD), Yum China Holdings (NYSE:YUMC), Vipshop Holdings Limited (NYSE:VIPS).

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

The average market capitalization across the Fidelity Emerging Markets Mltfct ETF ETF is 24.44B. The market cap for tickers in the group ranges from 260.03M to 136.42B. PDD holds the highest valuation in this group at 136.42B. The lowest valued company is ADRO at 260.03M.

The average weekly price growth across all stocks in the Fidelity Emerging Markets Mltfct ETF ETF was 6%. For the same ETF, the average monthly price growth was 17%, and the average quarterly price growth was 10%. OMAB experienced the highest price growth at 9%, while MNSO experienced the biggest fall at -7%.

The average weekly volume growth across all stocks in the Fidelity Emerging Markets Mltfct ETF ETF was -39%. For the same stocks of the ETF, the average monthly volume growth was -17% and the average quarterly volume growth was -51%