Is FDEV a good investment?

Fidelity International Multifactor ETF (FDEV) is a developed ex-US international ETF. As of September 11, 2026, ETF Copilot scores FDEV 6.4 out of 10 — highest on Risk (9.0), lowest on Return (4.0). It trades at 14.6 times earnings, against its own median of 14.1. Its ten largest holdings are 15% of the fund.

Updated September 11, 2026

How is FDEV rated? ETF Copilot scores Fidelity International Multifactor ETF (FDEV) 6.4 out of 10

As of September 11, 2026, ETF Copilot scores Fidelity International Multifactor ETF (FDEV) 6.4 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 6.4 / 10
Growth: 6.4 / 10
Valuation: 8.3 / 10
Risk: 9.0 / 10
Quality: 5.6 / 10
Return: 4.0 / 10

FDEV is ranked #1 of 10 in ETF Copilot's Dividend list.

What is FDEV's expense ratio? 0.18% a year

As of September 11, 2026, FDEV charges 0.18% a year, yields 3.36% and holds $288M in assets across 198 positions.

Fidelity International Multifactor ETF (FDEV) — cost, income and size
Measure	FDEV
Expense ratio	0.18%
Dividend yield	3.36%
Assets under management	$288M
Holdings	198

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in FDEV's data

Developed ex-US stocks, screened across multiple factors for quality and value.

Adds a quality-and-value tilt to a developed-market allocation outside the U.S.

Why did FDEV move this week? It fell 1.4% in the week to September 11, 2026 — Novartis and Novo Nordisk A/S-B drove it

FDEV fell 1.4% in the week to September 11, 2026. The holdings that moved it most were Novartis (−15.2%), Novo Nordisk A/S-B (−9.3%) and Klepierre (−3.1%); Vodafone (+5.3%) pushed the other way.

Is FDEV expensive right now? It trades at 14.6 times earnings, against its own median of 14.1

As of September 11, 2026, FDEV is more expensive than 62% of its own 91 monthly readings since 2019 — 56 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside FDEV?

What's inside FDEV: Size (Large 46%, Mid 50%, Small 5%); Geography (International 95%, US 5%); Tech 6.4%; AI 0.1%; Semiconductors 2.3%; Memory 0.2%.

What are FDEV's top holdings? The ten largest are 15% of the fund

Daito Trust Construction, Hongkong Land, Klepierre, Shell, Roche, ASML, Nexon, Totalenergies SE, AstraZeneca and Novartis are FDEV's largest holdings, in that order.

More concentrated than 67% of Developed ex-US ETFs.

Half of FDEV's weight sits in its 47 largest positions, and once those weights are taken into account it behaves like 130 equally weighted holdings.

Cite this

ETF Copilot, “Fidelity International Multifactor ETF (FDEV) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/fdev