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FFEMvsGEMETF Comparison

ETF 1
FFEM

Fidelity Fundamental Emerging Markets ETF

This fund is part of
Uncategorized Equities
-0.72%
VS
ETF 2
GEM

Goldman Sachs ActiveBeta Emerging Markets Equity ETF

This fund is part of
EM Large & Mid Cap
-1.35%

Fidelity Fundamental Emerging Markets ETF (FFEM) belongs to the Uncategorized Equities segment. Goldman Sachs ActiveBeta Emerging Markets Equity ETF (GEM) is part of the EM Large & Mid Cap segment. FFEM's top 3 sector exposures are Technology, Finance and Industrials. In contrast, GEM's top sector exposures are Technology, Finance and Non-Energy Materials. FFEM is more expensive with a Total Expense Ratio (TER) of 0.6%, versus 0.59% for GEM. FFEM is up 21.1% year-to-date (YTD) with +$23M in YTD flows. GEM performs worse with 16.37% YTD performance, and +$237M in YTD flows. Run a side-by-side ETF comparison of FFEM and GEM 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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FFEM vs GEM performance and flow charts

Performance

-8.0-6.0-4.0-2.00.02.0%Jun 17Jun 24Jul 1Jul 9Jul 16

Cumulative Flows

0 M10 M20 M30 M40 M50 MJun 17Jun 24Jul 1Jul 9Jul 16

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Historic performance and flows
Data as of 07/17/2026
1M3MYTD1Y3Y5Y
Perf.
FFEM
GEM
-8.39%-8.51%
+2.83%+1.77%
+21.10%+16.37%
+43.66%+31.30%
n/a+66.40%
n/a+39.40%
Flows
FFEM
GEM
+$4M+$46M
+$4M+$176M
+$23M+$237M
+$26M+$281M
-+$124M
-+$60M
Volatility and drawdown
3M1Y3Y5Y
Volatility
FFEM
GEM
+27.04%+27.57%
+20.59%+21.24%
n/a+16.68%
n/a+16.34%
Max drawdown
FFEM
GEM
-10.33%-9.55%
-12.61%-13.50%
n/a-14.73%
n/a-32.76%
Max drawdown duration
FFEM
GEM
25d25d
48d57d
n/a223d
n/a1368d
Trading data

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FFEM
GEM
Last sale
7/17/2026 at 1:30 PM
$40.19
$48.32
Previous close
07/16/2026
$40.75
$49.03
Consolidated volume
07/16/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of June 30, 2026
1-year trailing difference

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FFEM
is actively managed and doesn’t replicate an index

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FFEM
GEM
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 7/17/2026 at 1:30 PM
Live
Closed
FFEM
GEM
Last price
$40.19
$48.32
1D performance
-1.39%
-1.45%
AuM$44.17 M$1.62 B
E/R0.6%0.59%
Characteristics
FFEM
GEM
Management strategyActivePassive
ProviderFidelityGoldman Sachs
Benchmark-Goldman Sachs ActiveBeta Emerging Markets Equity Index
N° of holdings106721
Asset class-Equities
Trailing 12m distribution yield
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Inception dateNovember 19, 2024September 25, 2015
ESGNoNo
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Exposure

Countries

FFEM
Taiwan
25.87%
China
21.08%
Republic of Korea
20.72%
India
7.95%
Other
24.39%
GEM
Taiwan
24.13%
Republic of Korea
21.38%
China
18.67%
India
9.93%
Other
25.89%

Sectors

FFEM
Technology
47.93%
Finance
19.39%
Industrials
7.2%
Other
25.49%
GEM
Technology
44.07%
Finance
19.26%
Other
36.67%
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Diversification

FFEM

Total weight of top 15 holdings out of 15

58.06%
GEM

Total weight of top 15 holdings out of 15

38.41%

Top 15 holdings

Data as of May 31, 2026
FFEM
Taiwan Semiconductor Manufacturing Co., Ltd.
16.33%
Samsung Electronics Co., Ltd.
10.25%
SK hynix, Inc.
8.11%
Tencent Holdings Ltd.
4.41%
MediaTek, Inc.
2.67%
Alibaba Group Holding Ltd.
2.58%
Contemporary Amperex Technology Co., Ltd.
2.19%
Delta Electronics, Inc.
1.77%
Yageo Corp.
1.66%
China Construction Bank Corp.
1.64%
HDFC Bank Ltd.
1.42%
Al Rajhi Bank
1.33%
Larsen & Toubro Ltd.
1.26%
BYD Co., Ltd.
1.25%
Zijin Mining Group Co., Ltd.
1.18%
GEM
Taiwan Semiconductor Manufacturing Co., Ltd.
14.00%
Samsung Electronics Co., Ltd.
7.37%
SK hynix, Inc.
5.75%
Tencent Holdings Ltd.
2.53%
Alibaba Group Holding Ltd.
1.77%
MediaTek, Inc.
1.50%
Delta Electronics, Inc.
0.96%
Samsung Electronics Co., Ltd.
0.81%
Samsung Electro-Mechanics Co., Ltd.
0.70%
China Construction Bank Corp.
0.70%
Hon Hai Precision Industry Co., Ltd.
0.50%
LG Electronics, Inc.
0.50%
HDFC Bank Ltd.
0.49%
ICICI Bank Ltd.
0.43%
Reliance Industries Ltd.
0.40%
Frequently asked questions about FFEM and GEM

How have the FFEM and GEM ETFs performed in 2026?

As of July 17, 2026, FFEM is up 21.1% year-to-date (YTD), while GEM has returned 16.37%. That puts FFEM better performer ahead so far this year.

Which ETF is attracting more investor money: FFEM or GEM?

Year-to-date, the FFEM ETF saw +$23M in flows, compared to +$237M for GEM.

Which ETF is more volatile: FFEM or GEM?

Over the past year, FFEM had a volatility of 20.59%, while GEM experienced 21.24%.

Which ETF is bigger: FFEM or GEM?

As of July 17, 2026, FFEM holds $44.17 M in assets under management (AUM), while GEM manages $1.62 B.

What sectors do the FFEM and GEM ETFs invest in?

FFEM leans toward sectors like Technology, Finance and Industrials. Meanwhile, GEM focuses on Technology and Finance.

What are the top holdings of the FFEM ETF and GEM ETF?

FFEM top holdings include Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc.. GEM holds in its top three: Taiwan Semiconductor Manufacturing Co., Ltd., Samsung Electronics Co., Ltd. and SK hynix, Inc..

Which ETF is more diversified: FFEM or GEM?

FFEM holds 108 securities with 58.06% of its assets in the top 15. GEM has 744 securities and a top 15 weight of 38.41%.

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