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FEMRvsHEEMETF Comparison

ETF 1

FEMR

Fidelity Enhanced Emerging Markets ETF

This fund is part of

Uncategorized Equities

+1.56%

Full FEMR fund page

VS

ETF 2

HEEM

iShares Currency Hedged MSCI Emerging Markets ETF

This fund is part of

EM Large & Mid Cap

+1.4%

Full HEEM fund page

Fidelity Enhanced Emerging Markets ETF (FEMR) belongs to the Uncategorized Equities segment. iShares Currency Hedged MSCI Emerging Markets ETF (HEEM) is part of the EM Large & Mid Cap segment. FEMR's top 3 sector exposures are Information Technology, Financials and Industrials. In contrast, HEEM's top sector exposures are Information Technology, Financials and Consumer Discretionary. FEMR is less expensive with a Total Expense Ratio (TER) of 0.38%, versus 1.51% for HEEM. FEMR is up 28.07% year-to-date (YTD) with +$79M in YTD flows. HEEM performs worse with 25.65% YTD performance, and +$34M in YTD flows. Run a side-by-side ETF comparison of FEMR and HEEM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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FEMR vs HEEM performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 06/12/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	FEMR HEEM	+2.05%+3.46%	+18.37%+19.06%	+28.07%+25.65%	+51.73%+50.64%	n/a+92.01%	n/a+56.14%
Flows	FEMR HEEM	+$21M+$3M	+$39M+$15M	+$79M+$34M	+$112M+$35M	-+$36M	-+$4M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	FEMR HEEM	+26.55%+28.56%	+18.85%+19.15%	n/a+16.45%	n/a+16.85%
Max drawdown	FEMR HEEM	-7.44%-8.21%	-14.09%-10.68%	n/a-14.41%	n/a-30.46%
Max drawdown duration	FEMR HEEM	10d10d	57d49d	n/a240d	n/a1192d

Trading data

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	FEMR	HEEM
Last sale 6/12/2026 at 1:30 PM	$41.85	$43.76
Previous close 06/11/2026	$41.68	$43.61
Consolidated volume 06/11/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of May 29, 2026

1-year trailing difference

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FEMR

is actively managed and doesn’t replicate an index

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	FEMR	HEEM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 6/12/2026 at 1:30 PM

Live

Closed

	FEMR	HEEM
Last price	$41.85	$43.76
1D performance	+0.42%	+0.34%
AuM	$148.97 M	$278.88 M
E/R	0.38%	1.51%

Characteristics

	FEMR	HEEM
Management strategy	Active	Passive
Provider	Fidelity	iShares
Benchmark	-	MSCI Emerging Markets Index
N° of holdings	136	1095
Asset class	-	Equities
Trailing 12m distribution yield	Join	Join
Inception date	November 20, 2024	September 23, 2014
ESG	No	No

More FEMR data on Trackinsight

More HEEM data on Trackinsight

Exposure

Countries

FEMR

Taiwan

28.76%

Republic of Korea

20.54%

China

14.21%

India

8.54%

Other

27.95%

HEEM

Taiwan

24.39%

Republic of Korea

18.63%

India

11.98%

Cayman Islands

11.64%

China

10.12%

Other

23.24%

Sectors

FEMR

Information Techn.

39.84%

Financials

15.67%

Industrials

8.36%

Materials

7.73%

Other

28.4%

HEEM

Information Techn.

36.77%

Financials

18.45%

Consumer Discreti.

8.74%

Other

36.03%

Diversification

FEMR

Total weight of top 15 holdings out of 15

43.39%

HEEM

Total weight of top 15 holdings out of 15

37.79%

Top 15 holdings

Data as of April 30, 2026

FEMR

TWN SEMICONT MAN

15.52%

SAMSUNG ELECTR

6.31%

SK HYNIX

4.87%

TENCENT HOLDINGS

2.69%

MEDIATEK INC

1.94%

DELTA ELECTRONIC

1.89%

ALIBABA GROUP HOLDING LTD

1.75%

RELIANCE INDUSTRIES

1.20%

SAMSUNG ELEC-1P PRF

1.17%

AVC

1.14%

ITAU UNIBANCO HOLDING PRF

1.05%

SAUDI ARABIAN OIL CO

0.98%

OTP BANK

0.98%

AL RAJHI BANK

0.95%

PETROCHINA

0.94%

HEEM

TWN SEMICONT MAN

14.18%

SAMSUNG ELECTR

6.01%

SK HYNIX

4.04%

TENCENT HOLDINGS

3.25%

ALIBABA GROUP HOLDING LTD

2.36%

DELTA ELECTRONIC

1.14%

MEDIATEK INC

1.07%

CHINA CONSTRUCTION BANK

0.92%

HDFC BANK

0.79%

RELIANCE INDUSTRIES

0.78%

HON HAI PRECISION INDUSTRY

0.74%

SAMSUNG ELEC-1P PRF

0.74%

PINDUODUO INC ADR

0.60%

ICICI BANK

0.60%

XIAOMI CORP

0.54%

Frequently asked questions about FEMR and HEEM

How have the FEMR and HEEM ETFs performed in 2026?

As of June 12, 2026, FEMR is up 28.07% year-to-date (YTD), while HEEM has returned 25.65%. That puts FEMR better performer ahead so far this year.

Which ETF is attracting more investor money: FEMR or HEEM?

Year-to-date, the FEMR ETF saw +$79M in flows, compared to +$34M for HEEM.

Which ETF is more volatile: FEMR or HEEM?

Over the past year, FEMR had a volatility of 18.85%, while HEEM experienced 19.15%.

Which ETF is bigger: FEMR or HEEM?

As of June 12, 2026, FEMR holds $148.97 M in assets under management (AUM), while HEEM manages $278.88 M.

What sectors do the FEMR and HEEM ETFs invest in?

FEMR leans toward sectors like Information Technology, Financials and Industrials. Meanwhile, HEEM focuses on Information Technology, Financials and Consumer Discretionary.

FEMRvsHEEMETF Comparison

Fidelity Enhanced Emerging Markets ETF

iShares Currency Hedged MSCI Emerging Markets ETF

FEMR vs HEEM performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the FEMR and HEEM ETFs performed in 2026?

As of June 12, 2026, FEMR is up 28.07% year-to-date (YTD), while HEEM has returned 25.65%. That puts FEMR better performer ahead so far this year.

Which ETF is attracting more investor money: FEMR or HEEM?

Year-to-date, the FEMR ETF saw +$79M in flows, compared to +$34M for HEEM.

Which ETF is more volatile: FEMR or HEEM?

Over the past year, FEMR had a volatility of 18.85%, while HEEM experienced 19.15%.

Which ETF is bigger: FEMR or HEEM?

As of June 12, 2026, FEMR holds $148.97 M in assets under management (AUM), while HEEM manages $278.88 M.

What sectors do the FEMR and HEEM ETFs invest in?

FEMR leans toward sectors like Information Technology, Financials and Industrials. Meanwhile, HEEM focuses on Information Technology, Financials and Consumer Discretionary.

What are the top holdings of the FEMR ETF and HEEM ETF?

FEMR top holdings include TWN SEMICONT MAN, SAMSUNG ELECTR and SK HYNIX. HEEM holds in its top three: TWN SEMICONT MAN, SAMSUNG ELECTR and SK HYNIX.

Which ETF is more diversified: FEMR or HEEM?

FEMR holds 144 securities with 43.39% of its assets in the top 15. HEEM has 1211 securities and a top 15 weight of 37.79%.

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