Fidelity International Multifactor ETF (FDEV)

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This ETF offers investors exposure to a diverse selection of companies operating outside the United States. These holdings are strategically chosen based on their strong performance across several key investment factors, namely, attractive valuations (value), robust financial health (quality), reduced price fluctuations (low volatility), and positive recent price trends (momentum). Furthermore, a crucial objective is to identify companies that exhibit a lower degree of correlation with the U.S. stock market, thereby aiming to enhance portfolio diversification.