FENIFIDELITY ENHANCED INTERNATIONAL ETF
FIDELITY ENHANCED INTERNATIONAL ETF
$41.72+0.77% today
344252-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
The desk’s read
Flows are quiet — the past month netted out near zero, while the price has returned +12.6% so far this year. At 0.28% a year it is not the cheapest way in — IEFA runs the same ground at 0.07%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$1.7Bassets under management
0.28%expense ratio · $28 per $10,000 a year
—net flow, trailing month
1.1Mavg daily volume, 30 days
314holdings · US-domiciled
2023listed November 24, 2023 · beta 1.01
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | -0.5% |
| 1 month | +5.1% |
| 3 months | +4.4% |
| 6 months | +3.8% |
| YTD | +12.6% |
| 1 year | +19.5% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The risk read
13%realized volatility, 30 days (annualized)
16%realized volatility, 1 year
-12.1%deepest fall from a peak, 1 year
-0.6%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Options tape
1calls today
—puts today
—put/call ratio
789Kshares traded
The case against FENI
Due diligence cuts both ways. These funds sit on the same shelf and beat FENI on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IDEV iShares Core MSCI International Developed Markets ETF | 0.04% | $32.7B | +$104M | -24bp on fee · 19× the assets · +$104M in over the month | Head-to-head |
| IEFA iShares Core MSCI EAFE ETF | 0.07% | $193.2B | +$631M | -21bp on fee · 112× the assets · +$631M in over the month | Head-to-head |
| IEMG iShares Core MSCI Emerging Markets ETF | 0.09% | $160.6B | +$1.9B | -19bp on fee · 93× the assets · +$1.9B in over the month | Head-to-head |
| IAGG iShares Core International Aggregate Bond ETF | 0.07% | $11.4B | +$739M | -21bp on fee · 7× the assets · +$739M in over the month | Head-to-head |
| IXUS iShares Core MSCI Total International Stock ETF | 0.07% | $46.2B | — | -21bp on fee · 27× the assets | Head-to-head |