Summary
Fidelity Emerging Markets Fund is a mutual fund. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 89. The ten largest make up 50% of the fund.
- Positions
- 89
- Dividend yield
- 0.04%
What speaks for it
- Average yearly growth over the last ten years: 8.4%.
What to watch
- In the last five years its price once dropped by 46% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -8.5%
- 3 months
- -3.6%
- This year
- +11%
- 1 year
- +13%
- 3 years
- +69%
- 5 years
- +13%
- 10 years
- +124%
- Avg. market cap
- $815.3B
- P/E
- 14.4x
- Forward P/E
- 14.3x
- P/S
- 4.3x
- P/B
- 3.8x
- P/FCF
- 21.5x
- EV/EBITDA
- 11.4x
- Dividend yield
- 0.71%
- ROIC
- 23.4%
- ROE
- 38.5%
- Gross margin
- 56.5%
- Operating margin
- 42.1%
- Net margin
- -5.9%
- Payout ratio
- 10.2%
- Net debt/EBITDA
- 0.1x
- Beta
- 1.01
Weighted average of the 50 largest companies, which make up 85% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 23Taiwan Semiconductor Manufacturing Company Limited 2330.TW 20%
- 2 00Samsung Electronics Co., Ltd. 005930.KS 6.5%
- 3 00SK hynix Inc. 000660.KS 6.4%
- 4 07Tencent Holdings Limited 0700.HK 4.8%
- 5 NVNvidia NVDA 2.6%
- 6 BAAlibaba BABA 2.3%
- 7 40SK Square Co., Ltd. 402340.KS 2.1%
- 8 30Contemporary Amperex Technology Co., Limited 300750.SZ 1.7%
- 9 NUNu NU 1.6%
- 10 GTGaztransport & Technigaz SA GTT.PA 1.4%
Positions in the fund: 89. The ten largest make up 50% of it.
Composition as of Oct 18, 2026.
Where is it spread?
By company size
- Mega cap 48%
- Large cap 35%
- Mid cap 16%
- Small cap 1.3%
- Micro cap 0.1%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 92% of the fund.
Largest size group: Mega cap (48%).
What does it cost me?
We do not know the costs of this fund.
How has it done?
Growing over the long run- A year on average, 10 years
- +8.4%
- Deepest drop
- -46%
- Yearly volatility
- 25%
Average yearly growth over the last ten years: 8.4%. Deepest drop in these years: 46% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 0.04%
- Payments a year
- 1
- Last payment
- $0.02
Over the last 12 months it paid $0.02 per share, which is 0.04% of today's price. The last payment was $0.02 on Dec 12, 2025.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 14.4
- Average Bulios Score
- 76 out of 100
Weight by Bulios Fair Price
- Undervalued 23%
- Fairly valued 2.8%
- Overvalued 74%
On average the companies inside trade for 14.4 times their yearly profit. By Fair Price, 74% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 85% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
FF FFEM Fidelity Covington Trust - Fidelity Fundamental Emerging Markets ETF | United States | 0.60% | $66.3M | +20% | Pays out | 57% |
EM EMCS Xtrackers MSCI Emerging Markets Climate Selection ETF | United States | 0.15% | $1.04B | +24% | Pays out | 44% |
SP SPYA.DE State Street SPDR MSCI EM Asia UCITS ETF Accum USD | Ireland | 0.55% | $1.50B | +24% | Reinvests | 43% |
SY SYGEMF.JO Sygnia Itrix MSCI Emerging Markets 50 ETF Units ZAR | South Africa | 0.48% | - | +21% | Reinvests | 43% |
LC LCUA.DE Amundi MSCI EM Asia ESG Broad Transition UCITS ETF Acc | Luxembourg | 0.25% | $391.6M | +25% | - | 42% |
H4 H411.DE HSBC MSCI AC FAR EAST ex JAPAN UCITS ETF USD | Ireland | 0.45% | $401.8M | +32% | Reinvests | 41% |