FEMR vs DALI

Comparison between FIDELITY ENHANCED EMERGING MARKETS ETF (FEMR, ETF) and FIRST TRUST DORSEY WRIGHT DALI EQUITY ETF (DALI, ETF).

FEMR vs DALI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FEMR(ETF)	DALI(ETF)
Net Assets	$114M	$114M
Expense Ratio	0.38%	0.91%
Max Drawdown	15.87%	36.06%
Sharpe Ratio	1.73	0.74
5Y Beta	0.86	1.12
5Y Dividends CAGR	N/A	-13.63%

Net Assets

FEMR

$114M

Winner

DALI

$114M

Expense Ratio

Winner

FEMR

0.38%

DALI

0.91%

Max Drawdown

Winner

FEMR

15.87%

DALI

36.06%

Sharpe Ratio

Winner

FEMR

1.73

DALI

0.74

5Y Beta

Winner

FEMR

0.86

DALI

1.12

5Y Dividends CAGR

FEMR

N/A

DALI

-13.63%

FEMR vs DALI - Holdings Comparison

FEMR and DALI have 0 common holdings. Overlap is 0.00%

FEMR's top 25 holdings weight is 51.30%. DALI's top 25 holdings weight is 99.97%.

Rank	FEMR	DALI
#1	n/a (n/a) - 13.42%	FIRST TRUST DEV MKTS EX-US ALPHADEX® ETF (FDT) - 18.18%
#2	SAMSUNG ELECTRONICS CO LTD (n/a) - 7.05%	FIRST TRUST EMERGING MRKTS ALPHADEX® ETF (FEM) - 17.02%
#3	SK HYNIX INC (n/a) - 6.30%	FIRST TRUST ASIAPAC EX-JPN ALPHADEX® ETF (FPA) - 14.87%
#4	MEDIATEK INC (n/a) - 2.57%	FIRST TRUST EUROZONE ALPHADEX® ETF (FEUZ) - 12.78%
#5	TENCENT HOLDINGS LTD (n/a) - 2.17%	FIRST TRUST GERMANY ALPHADEX® ETF (FGM) - 12.76%
#6	DELTA ELECTRONICS INC (n/a) - 1.76%	FIRST TRUST EUROPE ALPHADEX® ETF (FEP) - 12.66%
#7	n/a (n/a) - 1.57%	FIRST TRUST CHINA ALPHADEX® ETF (FCA) - 11.70%
#8	n/a (n/a) - 1.15%	N/A
#9	LG ELECTRONICS INC (n/a) - 1.13%	N/A
#10	n/a (n/a) - 1.11%	N/A
#11	PETROLEO BRASILEIRO SA PETROBRAS ADR (PBR) - 1.07%	N/A
#12	SAUDI ARABIAN OIL CO (n/a) - 1.01%	N/A
#13	n/a (n/a) - 0.98%	N/A
#14	ACCTON TECHNOLOGY CORP (n/a) - 0.96%	N/A
#15	CHINA CONSTRUCTION BANK CORP CLASS H (n/a) - 0.95%	N/A
#16	SK INC (n/a) - 0.92%	N/A
#17	HON HAI PRECISION INDUSTRY CO LTD (n/a) - 0.82%	N/A
#18	n/a (n/a) - 0.81%	N/A
#19	n/a (n/a) - 0.81%	N/A
#20	CTBC FINANCIAL HOLDING CO LTD (n/a) - 0.80%	N/A
#21	HYUNDAI MOBIS CO LTD (n/a) - 0.80%	N/A
#22	TATA CONSULTANCY SERVICES LTD (n/a) - 0.80%	N/A
#23	BOE TECHNOLOGY GROUP CO LTD CLASS A (n/a) - 0.78%	N/A
#24	AL RAJHI BANK (n/a) - 0.78%	N/A
#25	EMAAR PROPERTIES PJSC (n/a) - 0.78%	N/A
Total Holdings	160	7

FEMR vs DALI - Historical Returns

Returns include dividend reinvestment.

Period	FEMR	DALI
1 month	+0.43%	-3.32%
3 months	+14.84%	+4.29%
6 months	+26.75%	+3.41%
1 year	+48.03%	+16.47%
5 years(CAGR)	N/A	+4.49%
10 years(CAGR)	N/A	+5.92%
Max(CAGR)	+38.39%	+5.92%

Winner

FEMR

+0.43%

DALI

-3.32%

Winner

FEMR

+14.84%

DALI

+4.29%

Winner

FEMR

+26.75%

DALI

+3.41%

Winner

FEMR

+48.03%

DALI

+16.47%

5Y(CAGR)

FEMR

N/A

DALI

+4.49%

10Y(CAGR)

FEMR

N/A

DALI

+5.92%

Max(CAGR)

Winner

FEMR

+38.39%

DALI

+5.92%

FEMR vs DALI - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	FEMR	DALI
2026	+20.78%	+1.64%
2025	+35.67%	+11.89%
2024	-1.49%	+20.16%
2023	N/A	-7.34%
2022	N/A	-8.39%
2021	N/A	+24.04%
2020	N/A	+4.46%
2019	N/A	+25.32%
2018	N/A	-14.81%

FEMR vs DALI Drawdown Comparison

The maximum drawdown for FEMR was -15.58%, occurring on Apr 8, 2025. Recovery took 34 trading sessions.

The maximum drawdown for DALI was -36.06%, occurring on Mar 23, 2020. Recovery took 224 trading sessions.

The current FEMR drawdown is -8.63%. The current DALI drawdown is -5.59%.

Rank	FEMR	DALI
#1	-15.58% Mar 17, 2025 - May 5, 2025	-36.06% Feb 19, 2020 - Jan 7, 2021
#2	-14.46% Feb 25, 2026 - Apr 17, 2026	-26.27% Mar 8, 2022 - Oct 24, 2025
#3	-8.63% Jun 2, 2026 - Jun 5, 2026	-25.44% Aug 29, 2018 - Jan 9, 2020
#4	-7.27% Dec 9, 2024 - Feb 13, 2025	-15.21% Nov 16, 2021 - Mar 7, 2022
#5	-5.54% Oct 29, 2025 - Dec 29, 2025	-12.54% Jan 22, 2026 - May 6, 2026
#6	-5.41% May 11, 2026 - May 26, 2026	-8.60% Feb 12, 2021 - Apr 9, 2021
#7	-4.77% Feb 20, 2025 - Mar 17, 2025	-7.62% Oct 27, 2025 - Dec 10, 2025
#8	-4.49% Jan 28, 2026 - Feb 11, 2026	-6.70% Apr 27, 2021 - Jun 8, 2021
#9	-4.49% Oct 6, 2025 - Oct 20, 2025	-5.59% May 11, 2026 - Jun 5, 2026
#10	-3.47% Jul 23, 2025 - Aug 12, 2025	-5.56% Sep 3, 2021 - Oct 21, 2021
#11	-2.45% Jun 12, 2025 - Jun 24, 2025	-5.27% Jan 22, 2021 - Feb 5, 2021
#12	-1.89% Apr 22, 2026 - Apr 24, 2026	-5.14% Jun 20, 2018 - Aug 21, 2018
#13	-1.69% Aug 13, 2025 - Aug 22, 2025	-4.99% Jun 29, 2021 - Jul 29, 2021
#14	-1.68% Nov 25, 2024 - Dec 5, 2024	-3.86% Dec 11, 2025 - Dec 24, 2025
#15	-1.67% Apr 17, 2026 - Apr 22, 2026	-3.37% Aug 12, 2021 - Aug 25, 2021