See what your fund actually adds
Fidelity International Multifactor ETF FDEV
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | FDEV | Replication |
|---|---|---|
| Annualized growth | 7.5% | 8.4% |
| Annualized volatility | 12.9% | 13.1% |
| Sharpe ratio | 0.62 | 0.68 |
| Maximum drawdown | 27.0% | 21.5% |
| Replication fit (R²) | 0.87 · Tracking error 4.7% | |
Replication portfolio
The published portfolio below is the investable basket used to model FDEV’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| DBEF | Intl · Dev Hedged | 33.5% |
| EFV | Intl · Value | 26.9% |
| VNQI | Alternatives · Intl Real Estate | 23.5% |
| EFG | Intl · Growth | 8.6% |
| XLV | Sector · Healthcare | 7.5% |