FDEM vs EDGF

Comparison between FIDELITY EMERGING MARKETS MULTIFACTOR ETF (FDEM, ETF) and 3EDGE DYNAMIC FIXED INCOME ETF (EDGF, ETF).

FDEM vs EDGF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FDEM(ETF)	EDGF(ETF)
Net Assets	$508M	$506M
Expense Ratio	0.25%	0.79%
Max Drawdown	34.04%	2.07%
Sharpe Ratio	1.49	-0.16
5Y Beta	0.69	0.00
5Y Dividends CAGR	14.40%	N/A

Net Assets

Winner

FDEM

$508M

EDGF

$506M

Expense Ratio

Winner

FDEM

0.25%

EDGF

0.79%

Max Drawdown

FDEM

34.04%

Winner

EDGF

2.07%

Sharpe Ratio

Winner

FDEM

1.49

EDGF

-0.16

5Y Beta

FDEM

0.69

Winner

EDGF

0.00

5Y Dividends CAGR

FDEM

14.40%

EDGF

N/A

FDEM vs EDGF - Historical Returns

Returns include dividend reinvestment.

Period	FDEM	EDGF
1 month	-1.32%	+0.28%
3 months	+9.37%	+0.62%
6 months	+15.62%	+1.00%
1 year	+33.27%	+3.50%
5 years(CAGR)	+7.94%	N/A
Max(CAGR)	+8.38%	+2.32%

FDEM

-1.32%

Winner

EDGF

+0.28%

Winner

FDEM

+9.37%

EDGF

+0.62%

Winner

FDEM

+15.62%

EDGF

+1.00%

Winner

FDEM

+33.27%

EDGF

+3.50%

5Y(CAGR)

FDEM

+7.94%

EDGF

N/A

Max(CAGR)

Winner

FDEM

+8.38%

EDGF

+2.32%

FDEM vs EDGF - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	FDEM	EDGF
2026	+11.76%	+1.07%
2025	+25.57%	+4.32%
2024	+10.29%	-1.41%
2023	+16.71%	N/A
2022	-13.41%	N/A
2021	-3.71%	N/A
2020	+7.21%	N/A
2019	+5.72%	N/A

FDEM vs EDGF Drawdown Comparison

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

The maximum drawdown for EDGF was -1.62%, occurring on Dec 27, 2024. Recovery took 100 trading sessions.

The current FDEM drawdown is -8.03%.

Rank	FDEM	EDGF
#1	-33.65% Jan 17, 2020 - Dec 3, 2020	-1.62% Oct 3, 2024 - Feb 28, 2025
#2	-29.32% Feb 16, 2021 - May 15, 2024	-1.48% Apr 3, 2025 - Jun 26, 2025
#3	-16.03% Sep 26, 2024 - May 19, 2025	-0.64% Feb 27, 2026 - Jun 5, 2026
#4	-12.68% Feb 25, 2026 - Apr 30, 2026	-0.60% Mar 3, 2025 - Mar 28, 2025
#5	-9.65% Apr 17, 2019 - Nov 4, 2019	-0.60% Oct 22, 2025 - Jan 14, 2026
#6	-8.03% Jun 2, 2026 - Jun 5, 2026	-0.52% Sep 16, 2025 - Oct 13, 2025
#7	-7.69% Jul 12, 2024 - Sep 24, 2024	-0.49% Jan 29, 2026 - Feb 10, 2026
#8	-4.69% May 11, 2026 - May 26, 2026	-0.32% Jan 14, 2026 - Jan 27, 2026
#9	-4.56% Nov 7, 2019 - Dec 16, 2019	-0.29% Jun 30, 2025 - Jul 21, 2025
#10	-4.46% May 20, 2024 - Jul 11, 2024	-0.28% Jul 23, 2025 - Aug 1, 2025
#11	-4.36% Sep 17, 2025 - Oct 20, 2025	-0.20% Aug 29, 2025 - Sep 3, 2025
#12	-4.26% Nov 11, 2025 - Jan 2, 2026	-0.18% Aug 13, 2025 - Aug 22, 2025
#13	-4.01% Jan 26, 2021 - Feb 5, 2021	-0.16% Feb 20, 2026 - Feb 26, 2026
#14	-3.28% Jul 23, 2025 - Aug 12, 2025	-0.16% Sep 8, 2025 - Sep 16, 2025
#15	-2.70% Jan 28, 2026 - Feb 9, 2026	-0.12% Jan 27, 2026 - Jan 29, 2026