FEDM - ETF AI Analysis
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FlexShares ESG & Climate Developed Markets ex-US Core Index Fund ETF (FEDM)
FEDM, the FlexShares ESG & Climate Developed Markets ex-US Core Index Fund ETF, has a solid overall rating driven mainly by strong, diversified holdings like Novartis and AstraZeneca, which show robust financial performance, positive earnings sentiment, and healthy long-term prospects. Other major positions such as ASML, Royal Bank of Canada, Siemens, and Hitachi also support the fund’s quality, though several holdings face high valuations or mixed technical signals, which can add short-term volatility. The main risk factor is that a number of key stocks appear potentially overvalued or technically overbought, which could lead to temporary price corrections even if their fundamentals remain strong.
FEDM vs. SPDR S&P 500 ETF (SPY)
- AUM
- 86.05M
- Region
- Developed Markets
- Expense Ratio
- 0.12%
- Beta
- 0.69
- Issuer
- Northern Trust
- Inception Date
- Sep 20, 2021
- Dividend Yield
- 2.88%
- Asset Class
- Equity
- Index Tracked
- Northern Trust ESG & Climate Developed Markets ex-US Core Index - Benchmark TR Net
FEDM Summary
FEDM is an ETF that follows the Northern Trust ESG & Climate Developed Markets ex-US Core Index, focusing on companies in developed countries outside the U.S. that score well on environmental, social, and governance (ESG) factors and aim to reduce carbon emissions. It holds well-known names like ASML Holding and Royal Bank of Canada, spread across regions such as Japan, the UK, and Europe, and across many sectors, which can help with global diversification while supporting more sustainable businesses. A key risk is that international stocks and ESG-focused companies can still go up and down with global market conditions.
How much will it cost me?
This ETF has an expense ratio of 0.12%, which means you’ll pay about $1.20 per year for every $1,000 invested. That’s lower than the average stock ETF because it’s passively managed, tracking an index rather than paying a team to pick individual stocks.
What would affect this ETF?
FEDM could benefit from growing global interest in sustainable investing and supportive climate policies, especially in developed markets outside the U.S., which may help its ESG-focused holdings like ASML, Royal Bank of Canada, and Novartis. On the downside, slower economic growth abroad, changes in banking or energy regulations, or a shift away from ESG strategies could weigh on its financial, industrial, and energy sector exposure.
FEDM Top 10 Holdings
FEDM leans heavily on global industrial and financial leaders, with Europe and Japan doing much of the heavy lifting. ASML and Advantest have been rising stars, giving the fund a strong semiconductor and tech backbone, while Hitachi and Schneider Electric add steady industrial muscle. On the financial side, Royal Bank of Canada and Mitsubishi UFJ are more mixed, occasionally losing steam and holding back momentum, even as BBVA has been a bright spot. With all holdings outside the U.S., FEDM is a truly international ESG and climate-focused play.
| Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
 NL:ASML | ASML Holding NV | 2.92% | $2.46M | EUR 570.61B | 63.15% | 76Outperform |
 RY | Royal Bank Of Canada | ― | ― | ― | ― | 75Outperform |
 GB:SHEL | Shell (UK) | 1.79% | $1.51M | GBP 221.86B | 40.84% | 73Outperform |
 CH:NOVN | Novartis AG | 1.66% | $1.39M | CHF 232.26B | 22.91% | 80Outperform |
 DE:SAP | SAP SE | 1.58% | $1.33M | EUR 235.32B | -9.08% | 66Neutral |
 DE:SIE | Siemens | 1.46% | $1.23M | EUR 198.38B | 5.66% | 74Outperform |
 JP:6501 | Hitachi,Ltd. | 1.46% | $1.23M | JPY 26.41T | 30.11% | 77Outperform |
 JP:6857 | Advantest | 1.32% | $1.11M | JPY 23.63T | 89.30% | 75Outperform |
 JP:6098 | Recruit Holdings Co | 1.39% | $1.17M | JPY 26.12T | 143.62% | 67Neutral |
 AZN | AstraZeneca | ― | ― | ― | ― | 80Outperform |
FEDM Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FEDM, the sentiment is Positive. The current price of 64.41 is above the 20-day moving average (MA) of 63.97, below the 50-day MA of 64.94, and above the 200-day MA of 61.86, indicating a neutral trend. The MACD of -0.07 indicates Negative momentum. The RSI at 51.12 is Neutral, neither overbought nor oversold. The STOCH value of 87.98 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FEDM.
FEDM Peer Comparison
Comparison Results
| Name | Price | Price Target | AUM | Expense Ratio | Overall Rating |
|---|---|---|---|---|---|
| FEDM | $64.41 | $70.00(8.69% Upside) | $86.05M | 0.12% | 68Neutral |
 PABD | $67.92 | $81.27(19.65% Upside) | $325.55M | 0.12% | 65Neutral |
 LCTD | $57.99 | $69.64(20.09% Upside) | $319.90M | 0.22% | 65Neutral |
 AGNG | $38.71 | $42.61(10.06% Upside) | $92.25M | 0.50% | 64Neutral |
 IFGL | $20.78 | $25.00(20.28% Upside) | $76.52M | 0.50% | 61Neutral |
 PBWN | $23.99 | $31.85(32.72% Upside) | $971.60K | 0.14% | 67Neutral |
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| FEDM | FlexShares ESG & Climate Developed Markets ex-US Core Index Fund ETF | 64.41 | 7.66 | 13.50% | |
| PABD | iShares Paris-Aligned Climate MSCI World ex USA ETF | 67.92 | 5.39 | 8.62% | |
| LCTD | BlackRock World ex U.S. Carbon Transition Readiness ETF | 57.99 | 5.35 | 10.16% | |
| AGNG | Global X Aging Population ETF | 38.71 | 4.82 | 14.21% | |
| IFGL | iShares International Developed Real Estate ETF | 20.78 | -1.67 | -7.44% | |
| PBWN | Portfolio Building Block World Ex US Industrials ETF | 23.99 | -0.99 | -3.97% |
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.