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  • ETF
  • FM
    Pricing Data
    Change: $0.12 (0.0%)
    Time: 01/17/20
    Previous Close: $31.11
  • Category
  • Emerging Markets Equities
Last Updated:



Trading Data

Open: - Volume -
Day Lo - Day Hi -
  • 52 Week Lo: $26.63
  • 52 Week Hi: $31.24
  • AUM: $522.3 M
  • Shares: 17.0 M

Investment Themes

Historical Trading Data

  • 1 Month Avg. Volume: 87,805
  • 3 Month Avg. Volume: 88,481

Alternative ETFs in the Emerging Markets Equities Category

Type Ticker Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SPEM 0.11% $3,952.8 M 963,528 2.61%
Largest (AUM) VWO 0.12% $69,115.9 M 11,028,891 3.24%
Most Liquid (Volume) EEM 0.68% $31,822.9 M 58,664,144 3.03%
Top YTD Performer NGE 0.88% $44.5 M 26,241 12.51%

Analyst Report

Realtime Rating

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Realtime Rating Summary

The adjacent table gives investors an individual Realtime Rating for FM on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, shows the ETF in the Emerging Markets Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETFdb Pro. To view information on how the ETFdb Realtime Ratings work, click here.

Compare to another ETF

View the Category Report

FM Overall Realtime Rating:

A+ Overall Rated ETF:

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity A n/a
Expenses C+ n/a

FM In-Depth Analysis

The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its Category.

FM Holdings

Filings Data as of: Jan 17, 2020

Concentration Analysis

This section compares how balanced and deep this ETF is relative to the peer group Category.

Number of Holdings
Rank: 42 of 75
Category Low RWED (2)
Category High IEMG (2466)
% Assets in Top 10
Rank: 55 of 75
Category Low EEMS (3.99%)
Category High RWED (100.00%)
% Assets in Top 15
Rank: 22 of 75
Category Low EEMS (5.31%)
Category High HEEM (100.00%)
% Assets in Top 50
Rank: 26 of 75
Category Low EEMS (13.08%)
Category High EDOG (100.01%)

Asset Allocation

Asset Percentage
Common equity 99.87%
ETF Cash Component 0.13%

Sector Breakdown

Sector Percentage
Financials 52.92%
Communications 13.69%
Consumer, Non-Cyclical 7.53%
Other 6.26%
Industrials 4.53%
Energy 4.11%
Real Estate 3.76%
Basic Materials 3.7%
Healthcare 2.0%
Utilities 0.85%
Consumer, Cyclical 0.52%
ETF Cash Component 0.13%

Market Cap Breakdown

Market Cap Percentage
Large cap 90.4%
Mid cap 7.08%
Small cap 1.91%
Micro cap 0.48%
ETF Cash Component 0.13%
Unknown 0.0%

Region Breakdown

Region Percentage
Middle East 44.66%
Africa 23.98%
Asia 19.1%
Europe 12.13%
ETF Cash Component 0.13%

Market Tier Breakdown

Region Percentage
Frontier Markets 59.3%
Emerging Markets 33.97%
Developed Markets (ex-US) 6.6%
ETF Cash Component 0.13%

Country Breakdown

Country Percentage
Kuwait 27.74%
Viet Nam 11.09%
Bahrain 8.71%
Kenya 8.35%
Nigeria 7.66%
Morocco 6.07%
Romania 5.53%
United Arab Emirates 4.49%
Bangladesh 3.83%
Kazakhstan 2.97%
Oman 1.99%
Switzerland 1.77%
Austria 1.57%
South Africa 1.41%
Jordan 1.4%
France 1.29%
United Kingdom 1.21%
Sri Lanka 1.21%
Mauritius 0.48%
Norway 0.48%
Qatar 0.33%
Netherlands 0.28%
ETF Cash Component 0.13%

FM Expenses & Fees

This section compares the cost efficiency of this ETF to peers in the same Category.

Expenses Ratio Analysis

ETF Average
ETF Wtd. Average
Category Average
Expense Ratio
Rank: 67 of 75
Category Low SPEM (0.11%)
Category High EGPT (0.98%)

Commission Free Trading

This ETF is currently available for commission free trading on the following platforms: (Fidelity)

Category Commission Free Trading

There are 0 other ETFs in the Emerging Markets Equities Category that are also eligible for commission free trading:

  • Ticker Brokerages
FM ESG Themes and Scores

FM does not have an ESG score. There are no ESG themes that map to this ETF.

FM Performance

This section shows how this ETF has performed relative to its peer group Category.

1 Week Return
Rank: 28 of 75
Category Low EGPT (-0.38%)
Category High UAE (4.43%)
4 Week Return
Rank: 46 of 75
Category Low EGPT (-2.37%)
Category High NGE (12.68%)
13 Week Return
Rank: 34 of 75
Category Low EGPT (-5.58%)
Category High EMQQ (24.19%)
26 Week Return
Rank: 63 of 75
Category Low FLSA (-6.92%)
Category High ERUS (22.39%)
Year to Date Return
Rank: 31 of 75
Category Low FLZA (-1.30%)
Category High NGE (12.51%)
1 Year Return
Rank: 26 of 72
Category Low QAT (-4.04%)
Category High FLRU (47.33%)
3 Year Return
Rank: 36 of 53
Category Low UAE (-11.85%)
Category High EMQQ (57.24%)
5 Year Return
Rank: 26 of 40
Category Low EGPT (-49.45%)
Category High ERUS (142.85%)

FM Fund Flows

This section compares the fund flows of this ETF to peers in the same Category.

1 Week Fund Flow
Rank: N/A
No Ranking Available
Category Low KSA (‑$31.3 M)
Category High ESGE ($759.8 M)
4 Week Fund Flow
Rank: 22 of 40
$4.5 M
Category Low EWX (‑$14.0 M)
Category High EEM ($1,528.4 M)
13 Week Fund Flow
Rank: 33 of 54
$1.6 M
Category Low FLQE (‑$150.5 M)
Category High EEM ($3,450.4 M)
26 Week Fund Flow
Rank: 49 of 62
‑$9.9 M
Category Low EEM (‑$2,287.7 M)
Category High SPEM ($901.6 M)
Year to Date Fund Flow
Rank: 20 of 34
$4.5 M
Category Low KSA (‑$31.3 M)
Category High EEM ($967.4 M)
1 Year Fund Flow
Rank: 56 of 67
‑$14.0 M
Category Low EEM (‑$2,613.3 M)
Category High IEMG ($3,749.7 M)
3 Year Fund Flow
Rank: 65 of 70
‑$76.8 M
Category Low EEM (‑$1,607.1 M)
Category High IEMG ($37,416.2 M)
5 Year Fund Flow
Rank: 61 of 70
‑$48.8 M
Category Low EEM (‑$3,681.8 M)
Category High IEMG ($51,062.0 M)

Brought to You by ETF Flows


The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.

The following chart also includes the option to compare the performance of FM relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.

FM Valuation

This section shows how the P/E multiple of this ETF compares to the peer group Category.

P/E Ratio
Rank: 33 of 75
Category Low NGE (4.8)
Category High EMQQ (23.51)

FM Dividend

This section shows how the dividend yield of this ETF compares to the peer group Category.

Dividend Date
Annual Dividend Rate
Annual Dividend Yield
Rank: 35 of 75
Category Low EMEM (0.28%)
Category High EZA (12.45%)

FM Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group Category.

5 Day Volatility
Rank: 23 of 75
Category Low PBEE (0.29%)
Category High EMQQ (239.07%)
20 Day Volatility
Rank: 74 of 75
Category Low EMFM (6.92%)
Category High NGE (22.98%)
50 Day Volatility
Rank: 74 of 75
Category Low EMFM (7.27%)
Category High NGE (20.92%)
200 Day Volatility
Rank: 73 of 74
Category Low EMFM (7.97%)
Category High TUR (23.25%)
Rank: 69 of 75
Category Low NGE (0.17)
Category High ECOW (3.02)
Standard Deviation
Rank: 44 of 71
Category Low EMFM (0.42%)
Category High ERUS (3.54%)


  • 20 Day MA: $30.54
  • 60 Day MA: $29.42
  • MACD 15 Period: 0.62
  • MACD 100 Period: 2.35
  • Williams % Range 10 Day: 0.81
  • Williams % Range 20 Day: 0.71
  • RSI 10 Day: 77
  • RSI 20 Day: 73
  • RSI 30 Day: 70
  • Ultimate Oscillator: 71

Bollinger Brands

  • Lower Bollinger (10 Day): $29.98
  • Upper Bollinger (10 Day): $31.38
  • Lower Bollinger (20 Day): $29.88
  • Upper Bollinger (20 Day): $31.14
  • Lower Bollinger (30 Day): $29.42
  • Upper Bollinger (30 Day): $31.12

Support & Resistance

  • Support Level 1: $31.10
  • Support Level 2: $30.97
  • Resistance Level 1: $31.30
  • Resistance Level 2: $31.37


  • Stochastic Oscillator %D (1 Day): 74.09
  • Stochastic Oscillator %D (5 Day): 89.49
  • Stochastic Oscillator %K (1 Day): 66.93
  • Stochastic Oscillator %K (5 Day): 82.28

Fact Sheet

Fact sheets are issued by the ETF provider and framed by Information contained within the fact sheet is not guaranteed to be timely or accurate.

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