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FDEVvsMFDXETF Comparison
PIMCO RAFI Dynamic Multi-Factor International Equity ETF
Fidelity International Multifactor ETF (FDEV) and PIMCO RAFI Dynamic Multi-Factor International Equity ETF (MFDX) belong to the same industry segment: DM Large & Mid Cap. FDEV's top 3 sector exposures are Financials, Materials and Industrials. In contrast, MFDX's top sector exposures are Industrials, Financials and Materials. FDEV is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.4% for MFDX. FDEV is up 2.92% year-to-date (YTD) with +$25M in YTD flows. MFDX performs better with 3.56% YTD performance, and - in YTD flows. Run a side-by-side ETF comparison of FDEV and MFDX below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
FDEV vs MFDX performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | FDEV MFDX | -4.59%-5.42% | +4.51%+5.15% | +2.92%+3.56% | +25.71%+27.67% | +58.21%+64.28% | +49.81%+62.06% |
| Flows | FDEV MFDX | +$7M- | +$32M- | +$25M- | +$111M+$36M | +$195M+$168M | +$205M+$222M |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | FDEV MFDX | +11.60%+13.68% | +12.80%+14.23% | +11.23%+12.84% | +12.63%+14.68% |
| Max drawdown | FDEV MFDX | -5.76%-7.42% | -9.93%-11.25% | -9.93%-11.25% | -28.58%-25.97% |
| Max drawdown duration | FDEV MFDX | 11d11d | 29d35d | 29d35d | 1037d700d |
FDEV | MFDX | |
Last sale 3/13/2026 at 1:30 PM | $35.73 | $39.56 |
| Previous close 03/12/2026 | $35.67 | $40.02 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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FDEV | MFDX | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
FDEV | MFDX | |
|---|---|---|
| Last price | $35.73 | $39.56 |
| 1D performance | +0.16% | -1.16% |
| AuM | $260.14 M | $421.41 M |
| E/R | 0.2% | 0.4% |
FDEV | MFDX | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Fidelity | PIMCO |
| Benchmark | Fidelity International Multifactor Index | RAFI Dynamic Multi-Factor Dev. ex-US Index |
| N° of holdings | 198 | 1129 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | February 26, 2020 | August 31, 2017 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the FDEV and MFDX ETFs performed in 2026?
As of March 12, 2026, FDEV is up 2.92% year-to-date (YTD), while MFDX has returned 3.56%. That puts MFDX better performer ahead so far this year.
Which ETF is attracting more investor money: FDEV or MFDX?
Year-to-date, the FDEV ETF saw +$25M in flows, compared to - for MFDX.
Which ETF is more volatile: FDEV or MFDX?
Over the past year, FDEV had a volatility of 12.8%, while MFDX experienced 14.23%.
Which ETF is bigger: FDEV or MFDX?
As of March 12, 2026, FDEV holds $260.14 M in assets under management (AUM), while MFDX manages $421.41 M.
What sectors do the FDEV and MFDX ETFs invest in?
FDEV leans toward sectors like Financials, Materials and Industrials. Meanwhile, MFDX focuses on Industrials, Financials and Materials.
What are the top holdings of the FDEV ETF and MFDX ETF?
FDEV top holdings include FRESNILLO PLC, PSP SWISS PROPERTY and KINROSS GOLD. MFDX holds in its top three: BANCO SANTANDER SA, BRITISH AMERICAN TOBACCO and NOVARTIS.
Which ETF is more diversified: FDEV or MFDX?
FDEV holds 207 securities with 22.13% of its assets in the top 15. MFDX has 1192 securities and a top 15 weight of 10.73%.
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