# Fidelity Emerging Markets Quality Income UCITS ETF USD (FEMD) **Source:** https://fundology.uk/fund/femd · ISIN IE00BYSX4739 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 30/09/2026, FEMD (Fidelity Emerging Markets Quality Income UCITS ETF USD, ISIN IE00BYSX4739) closed at £6.32 on the London Stock Exchange. Its ongoing charge is 0.50% a year (about £50 on £10,000). Over the five years to 30/09/2026 its total return was +66.8%, or +30.4% after UK CPIH inflation. ## Summary Fidelity Emerging Markets Quality Income UCITS ETF USD is an exchange-traded fund (ETF) from Fidelity, launched in 2019. It tracks the Fidelity Emerging Markets Quality Income Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.5% a year — about £50 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. Latest close: **£6.32** (30/09/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | FEMD | | ISIN | IE00BYSX4739 | | Category | Emerging markets | | Type | ETF | | Provider | Fidelity | | Tracks | Fidelity Emerging Markets Quality Income Index | | Income | Distributing | | Ongoing charge | 0.50% a year (£50 per £10,000) | | Fund size | £105m | | Launched | 2019 | | Domicile | Ireland | ## Past returns (periods to 30/09/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +43.57% | +39.07% | income reinvested | | 3 years | +88.56% | +70.15% | income reinvested | | 5 years | +66.83% | +30.42% | income reinvested | Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Fidelity Emerging Markets Quality Income UCITS ETF USD in pounds (price only, income paid out not included): 2022 −18.6%, 2023 +5.7%, 2024 +2.6%, 2025 +16.2%; 2026 to 30/09/2026 +34.7%. Returns of Fidelity Emerging Markets Quality Income UCITS ETF USD in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +38.7%; to 30/09/2025: +9.9%; to 30/09/2024: +11.4%; to 30/09/2023: +2.9%; to 30/09/2022: −20.5%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -18.6% | -25.5% | Price | | 2023 | +5.7% | +1.5% | Price | | 2024 | +2.6% | -0.8% | Price | | 2025 | +16.2% | +12.2% | Price | | 2026 to 30/09/2026 | +34.7% | +31.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 23.40% | -14.58% | | 3 years | 16.35% | -14.58% | | 5 years | 15.98% | -26.48% | ## Largest fall Volatility of Fidelity Emerging Markets Quality Income UCITS ETF USD in pounds, annualised from weekly returns to 30/09/2026: 23.4% over 1 year, 16.4% over 3 years, 16.0% over 5 years. Largest fall in the price of Fidelity Emerging Markets Quality Income UCITS ETF USD since October 2021, in pounds: −26.5% from 12/11/2021 to 28/10/2022. The lowest 12-month return of Fidelity Emerging Markets Quality Income UCITS ETF USD in pounds (price only, income paid out not included) since January 2021 was −23.6% (12 months to 28/10/2022); the highest was +58.7% (12 months to 29/05/2026). On 30/09/2026 the price of Fidelity Emerging Markets Quality Income UCITS ETF USD was 3.9% below its highest weekly close since October 2021 (19/06/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Fidelity Emerging Markets Quality Income UCITS ETF USD 0.50% a year, as of 01/10/2026: 43 of the 140 other emerging-market share funds charge more, 11 the same and 86 less (share classes counted once). ## Funds tracking the same index 2 funds track Fidelity Emerging Markets Quality Income Index, this one included and share classes counted once; their ongoing charges range from 0.50% to 0.50% a year (30/09/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Fidelity Emerging Markets Quality Income UCITS ETF Acc | 0.50% | +43.6% | +88.6% | +66.8% | | Fidelity Emerging Markets Quality Income UCITS ETF USD (this fund) | 0.50% | +43.6% | +88.6% | +66.8% | Returns are the data vendor’s, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.50%** per year - ISA eligible: yes - SIPP eligible: yes --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.