ETF Copilot
Developed ex-US

Is FENI a good investment?

Updated October 9, 2026

Fidelity Enhanced International ETF (FENI) is a developed ex-US international ETF. As of October 9, 2026, ETF Copilot scores FENI 5.0 out of 10 — highest on Risk (9.2), lowest on Value (2.4). It trades at 16.5 times earnings, against its own median of 15.2. Its ten largest holdings are 16% of the fund.

What stands out in FENI's data

Actively managed developed ex-US equities, built for broad global diversification.

Priced in line with the broad developed market — you pay a similar multiple for active stock picking.

P/E multiple of 16.5x, with 366 holdings across developed markets outside the U.S.

A broad international allocation with an active manager choosing the stocks.

Why did FENI move this week? It fell 0.8% in the week to October 9, 2026 — ASML and Deutsche Telekom drove it

FENI fell 0.8% in the week to October 9, 2026. The holdings that moved it most were ASML (−3.4%), Deutsche Telekom (−7.3%) and Rolls-Royce (−6.0%); Advantest (+7.3%) pushed the other way.

How is FENI rated? ETF Copilot scores Fidelity Enhanced International ETF (FENI) 5.0 out of 10

As of October 9, 2026, ETF Copilot scores Fidelity Enhanced International ETF (FENI) 5.0 out of 10 overall.

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

  • Overall: 5.0 / 10
  • Growth: 3.9 / 10
  • Value: 2.4 / 10
  • Risk: 9.2 / 10
  • Quality: 5.3 / 10
  • Return: 4.9 / 10

Is FENI expensive right now? It trades at 16.5 times earnings, against its own median of 15.2

As of October 9, 2026, FENI is more expensive than 75% of its own last 3 years.

Trailing 12 months, built from FENI's holdings. How we calculate this →

What's inside FENI? 15% Tech

What's inside FENI: Size (Large 77%, Mid 23%, Small 0%); Geography (International 100%, US 0%); Tech 14.9%; AI 0.9%; Semiconductors 8.1%; Memory 3.1%.

What are FENI's top holdings? The ten largest are 16% of the fund

More concentrated than 60% of Developed ex-US ETFs.

Half of FENI's weight sits in its 55 largest positions, and once those weights are taken into account it behaves like 138 equally weighted holdings.

What is FENI's expense ratio? 0.28% a year

As of October 9, 2026, FENI charges 0.28% a year, yields 3.10% and holds $11.4B in assets across 366 positions.

Fidelity Enhanced International ETF (FENI) — cost, income and size
MeasureFENI
Expense ratio0.28%
Dividend yield3.10%
Assets under management$11.4B
Holdings366

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.

Cite this

ETF Copilot, “Fidelity Enhanced International ETF (FENI) scores and holdings analysis”, as of October 9, 2026.
https://etf-copilot.com/etf/feni

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