FDEM vs FLCO

Comparison between FIDELITY EMERGING MARKETS MULTIFACTOR ETF (FDEM, ETF) and FRANKLIN INVESTMENT GRADE CORPORATE ETF (FLCO, ETF).

5-Year PerformanceFDEM has outperformed FLCO, delivering a return of +9.2% compared to -0.4%

FDEM vs FLCO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FDEM(ETF)	FLCO(ETF)
Net Assets	$587M	$587M
Expense Ratio	0.25%	0.35%
Max Drawdown	34.04%	28.31%
Sharpe Ratio	1.11	-0.09
5Y Beta	0.73	0.11
5Y Dividends CAGR	13.33%	1.67%

Net Assets

Winner

FDEM

$587M

FLCO

$587M

Expense Ratio

Winner

FDEM

0.25%

FLCO

0.35%

Max Drawdown

FDEM

34.04%

Winner

FLCO

28.31%

Sharpe Ratio

Winner

FDEM

1.11

FLCO

-0.09

5Y Beta

FDEM

0.73

Winner

FLCO

0.11

5Y Dividends CAGR

Winner

FDEM

13.33%

FLCO

1.67%

FDEM vs FLCO - Historical Returns

Returns include dividend reinvestment.

Period	FDEM	FLCO
1 month	-6.69%	-0.94%
3 months	+3.75%	-0.87%
6 months	+9.63%	-0.51%
1 year	+27.04%	+2.99%
5 years(CAGR)	+9.22%	-0.41%
10 years(CAGR)	N/A	+2.03%
Max(CAGR)	+8.44%	+2.03%

FDEM

-6.69%

Winner

FLCO

-0.94%

Winner

FDEM

+3.75%

FLCO

-0.87%

Winner

FDEM

+9.63%

FLCO

-0.51%

Winner

FDEM

+27.04%

FLCO

+2.99%

5Y(CAGR)

Winner

FDEM

+9.22%

FLCO

-0.41%

10Y(CAGR)

FDEM

N/A

FLCO

+2.03%

Max(CAGR)

Winner

FDEM

+8.44%

FLCO

+2.03%

FDEM vs FLCO - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	FDEM	FLCO
2026	+13.34%	-0.28%
2025	+25.57%	+7.49%
2024	+10.29%	+2.52%
2023	+16.71%	+7.30%
2022	-13.41%	-15.40%
2021	-3.71%	-1.80%
2020	+7.21%	+9.74%
2019	+5.72%	+14.70%
2018	N/A	-2.61%
2017	N/A	+6.33%
2016	N/A	-3.09%

FDEM vs FLCO Drawdown Comparison

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

The maximum drawdown for FLCO was -22.72%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The current FDEM drawdown is -6.73%. The current FLCO drawdown is -3.17%.

Rank	FDEM	FLCO
#1	-33.65% Jan 17, 2020 - Dec 3, 2020	-22.72% Dec 31, 2020 - Oct 20, 2022
#2	-29.32% Feb 16, 2021 - May 15, 2024	-18.62% Mar 6, 2020 - Jun 16, 2020
#3	-16.03% Sep 26, 2024 - May 19, 2025	-4.76% Dec 14, 2017 - Mar 8, 2019
#4	-12.68% Feb 25, 2026 - Apr 30, 2026	-4.15% Oct 5, 2016 - Jun 2, 2017
#5	-9.65% Apr 17, 2019 - Nov 4, 2019	-2.74% Aug 6, 2020 - Nov 30, 2020
#6	-9.10% Jun 2, 2026 - Jul 17, 2026	-2.41% Aug 28, 2019 - Oct 4, 2019
#7	-7.69% Jul 12, 2024 - Sep 24, 2024	-1.55% Oct 4, 2019 - Nov 26, 2019
#8	-4.69% May 11, 2026 - May 26, 2026	-1.05% Jun 30, 2017 - Jul 20, 2017
#9	-4.56% Nov 7, 2019 - Dec 16, 2019	-1.03% Jul 3, 2019 - Aug 1, 2019
#10	-4.46% May 20, 2024 - Jul 11, 2024	-0.96% Feb 28, 2020 - Mar 4, 2020
#11	-4.36% Sep 17, 2025 - Oct 20, 2025	-0.83% Oct 13, 2017 - Nov 30, 2017
#12	-4.26% Nov 11, 2025 - Jan 2, 2026	-0.66% Jun 22, 2020 - Jun 29, 2020
#13	-4.01% Jan 26, 2021 - Feb 5, 2021	-0.62% Dec 3, 2020 - Dec 28, 2020
#14	-3.28% Jul 23, 2025 - Aug 12, 2025	-0.56% Sep 8, 2017 - Sep 25, 2017
#15	-2.70% Jan 28, 2026 - Feb 9, 2026	-0.55% Jan 31, 2020 - Feb 10, 2020

Correlation

Correlation between FDEM and FLCO is 0.53 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.53

-101

Dividend Comparison (2016 - 2026)

FDEM vs FLCO dividend yield comparison.

Year	FDEM	FLCO
2026	1.59%	2.29%
2025	3.23%	4.60%
2024	4.05%	4.63%
2023	4.41%	3.83%
2022	3.95%	3.85%
2021	2.71%	2.85%
2020	1.84%	3.99%
2019	2.39%	3.39%
2018	0.00%	3.86%
2017	0.00%	3.33%
2016	0.00%	0.51%