Fidelity Fundamental Emerging Markets ETF

FFEM

Market cap $35.4M

Fidelity Fundamental Emerging Markets ETF (NYSEARCA:FFEM) has delivered a strong 34% gain over the past year, attracting investors who want active, fundamentals-driven exposure to high-growth economies across Asia, Latin America, Eastern Europe, and Africa.

The S&P 500 is down 1.6% so far in 2026. Meanwhile, emerging markets are up sharply, developed international markets are outperforming, and a decade-long valuation gap between US and non-US equities is finally closing.

Shopping for Fidelity exchange-traded funds (ETFs)? A good place to start is by looking at the top nine performers of 2025, all of which returned over 27% last year.

After a strong 2024, Fidelity ETFs gathered approximately $10 billion in the first four months of 2025. Demand for actively managed products has been a key driver as Fidelity leans further into the ETF market.

Fidelity has launched five new active equity ETFs as demand for actively managed strategies continues to grow. On November 21, the firm launched Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC), Fidelity Enhanced Emerging Markets ETF (FEMR), Fidelity Fundamental Developed International ETF (FFDI), Fidelity Fundamental Global ex-U.S. ETF (FFGX), and Fidelity Fundamental Emerging Markets ETF (FFEM).