FDEM vs BBHY

Comparison between FIDELITY EMERGING MARKETS MULTIFACTOR ETF (FDEM, ETF) and JPMORGAN BETABUILDERS USD HIGH YIELD CORPORATE BOND ETF (BBHY, ETF).

5-Year PerformanceFDEM has outperformed BBHY, delivering a return of +9.2% compared to +4.1%

FDEM vs BBHY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FDEM(ETF)	BBHY(ETF)
Net Assets	$609M	$609M
Expense Ratio	0.25%	0.07%
Max Drawdown	34.04%	25.29%
Sharpe Ratio	1.55	0.90
5Y Beta	0.69	0.24
5Y Dividends CAGR	14.40%	7.81%

Net Assets

FDEM

$609M

Winner

BBHY

$609M

Expense Ratio

FDEM

0.25%

Winner

BBHY

0.07%

Max Drawdown

FDEM

34.04%

Winner

BBHY

25.29%

Sharpe Ratio

Winner

FDEM

1.55

BBHY

0.90

5Y Beta

FDEM

0.69

Winner

BBHY

0.24

5Y Dividends CAGR

Winner

FDEM

14.40%

BBHY

7.81%

FDEM vs BBHY - Historical Returns

Returns include dividend reinvestment.

Period	FDEM	BBHY
1 month	+2.87%	+0.67%
3 months	+16.55%	+2.50%
6 months	+22.30%	+2.51%
1 year	+36.43%	+7.07%
5 years(CAGR)	+9.15%	+4.06%
10 years(CAGR)	N/A	+4.83%
Max(CAGR)	+9.08%	+4.83%

Winner

FDEM

+2.87%

BBHY

+0.67%

Winner

FDEM

+16.55%

BBHY

+2.50%

Winner

FDEM

+22.30%

BBHY

+2.51%

Winner

FDEM

+36.43%

BBHY

+7.07%

5Y(CAGR)

Winner

FDEM

+9.15%

BBHY

+4.06%

10Y(CAGR)

FDEM

N/A

BBHY

+4.83%

Max(CAGR)

Winner

FDEM

+9.08%

BBHY

+4.83%

FDEM vs BBHY - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	FDEM	BBHY
2026	+17.25%	+1.85%
2025	+25.57%	+8.28%
2024	+10.29%	+8.22%
2023	+16.71%	+11.85%
2022	-13.41%	-10.31%
2021	-3.71%	+4.19%
2020	+7.21%	+5.26%
2019	+5.72%	+14.72%
2018	N/A	-2.57%
2017	N/A	+6.56%
2016	N/A	+1.83%

FDEM vs BBHY Drawdown Comparison

The maximum drawdown for FDEM was -33.65%, occurring on Mar 23, 2020. Recovery took 222 trading sessions.

The maximum drawdown for BBHY was -24.98%, occurring on Mar 23, 2020. Recovery took 115 trading sessions.

The current FDEM drawdown is -3.51%. The current BBHY drawdown is -0.00%.

Rank	FDEM	BBHY
#1	-33.65% Jan 17, 2020 - Dec 3, 2020	-24.98% Feb 20, 2020 - Aug 4, 2020
#2	-29.32% Feb 16, 2021 - May 15, 2024	-15.32% Dec 27, 2021 - Dec 21, 2023
#3	-16.03% Sep 26, 2024 - May 19, 2025	-5.00% Feb 28, 2025 - May 12, 2025
#4	-12.68% Feb 25, 2026 - Apr 30, 2026	-4.79% Oct 2, 2018 - Jan 18, 2019
#5	-9.65% Apr 17, 2019 - Nov 4, 2019	-2.75% Jan 25, 2018 - Oct 1, 2018
#6	-8.03% Jun 2, 2026 - Jun 5, 2026	-2.56% Sep 2, 2020 - Oct 9, 2020
#7	-7.69% Jul 12, 2024 - Sep 24, 2024	-2.50% Oct 25, 2016 - Dec 23, 2016
#8	-4.69% May 11, 2026 - May 26, 2026	-2.37% Feb 20, 2026 - Apr 9, 2026
#9	-4.56% Nov 7, 2019 - Dec 16, 2019	-2.33% Feb 12, 2021 - May 5, 2021
#10	-4.46% May 20, 2024 - Jul 11, 2024	-2.27% Sep 15, 2021 - Dec 23, 2021
#11	-4.36% Sep 17, 2025 - Oct 20, 2025	-2.16% Mar 27, 2024 - May 6, 2024
#12	-4.26% Nov 11, 2025 - Jan 2, 2026	-2.00% Mar 1, 2017 - Apr 10, 2017
#13	-4.01% Jan 26, 2021 - Feb 5, 2021	-1.71% Oct 24, 2017 - Jan 3, 2018
#14	-3.28% Jul 23, 2025 - Aug 12, 2025	-1.69% Dec 6, 2024 - Jan 21, 2025
#15	-2.70% Jan 28, 2026 - Feb 9, 2026	-1.58% Oct 12, 2020 - Nov 4, 2020

Correlation

Correlation between FDEM and BBHY is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2016 - 2026)

FDEM vs BBHY dividend yield comparison.

Year	FDEM	BBHY
2026	0.43%	2.92%
2025	3.23%	7.24%
2024	4.05%	7.18%
2023	4.41%	6.49%
2022	3.95%	5.92%
2021	2.71%	4.06%
2020	1.84%	4.73%
2019	2.39%	4.99%
2018	0.00%	5.02%
2017	0.00%	4.81%
2016	0.00%	1.42%