Fidelity® MSCI Information Technology Index ETF, FTEC:PCQ:USD summary FT com

A high rating alone is not sufficient basis upon which to make an investment decision. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements.

Morningstar has awarded this fund 5 stars based on its risk-adjusted performance compared to the 225 funds within its Morningstar Technology Category. News, commentary and events are from third-party sources unaffiliated with Fidelity. The AI industry almost triggered a battle among the big tech companies like Microsoft and Alphabet Inc Google in their bid to outdo each other. Everything you need to make investment decisions is now presented in a new dashboard view. See the top analysts’ ratings for an ETF, and get one-click access to their research reports.

Contact Fidelity for a prospectus or a summary prospectus, if available, containing this information. The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology 25/50 Index. The fund invests at least 80% of assets in securities included in the fund’s underlying index. The fund’s underlying index is the MSCI USA IMI Information Technology 25/50 Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology 25/50 Index.

The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios. View charts that break down the influence that fund flows and price had on overall assets. Might appeal most to existing Fidelity brokerage customers who want a commission-free fund that offers broad and inexpensive exposure to the technology sector. Family Offices Custody, brokerage, investment and reporting services for family offices.

ETF / ETP Details

Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis. Click on the «Performance & Risk» link to view quarter-end performance. Average annual total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated.

Our team at ETF Database is committed to making our website the premier source of information on ETF investing with the world’s highest quality ETF tools, content, and resources. ETF Database’s Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. The following charts reflect the allocation of FTEC’s underlying holdings. The following charts reflect the geographic spread of FTEC’s underlying holdings. Apple saw its best single-day performance in more than two years that led to a record market value gain of $190.9 billion. Fidelity Workplace Services Retirement plan services and benefits solutions for employers.

The top 10 holdings account for about 67.88% of total assets under management. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. In this third of a four-part series, we look at each of the 11 S&P 500 sectors and the exchange-traded funds that give exposure to each segment. Provide specific products and services to you, such as portfolio management or data aggregation.

Reifrs a difference between gaap and ifrs and current equity sector weights for your portfolio and see how they compare to the market. Quarter-End returns include all applicable recurring and non-recurring fees (including short-term trading or redemption fees) and charges, if any. Prior to December 1, 2020, the fund compared its performance to a different benchmark. The fund’s historical performance may not represent its current investment policies and the fund’s returns prior to December 1, 2020 may not match the historical returns of the new benchmark.

Since ETFs are bought and sold at prices set by the market – which can result in a premium or discount to NAV- the returns calculated using market price can differ from those calculated using NAV . Seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology Index. Investing at least 80% of assets in securities included in the fund’s underlying index. The fund’s underlying index is the MSCI USA IMI Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. Using a representative sampling indexing strategy to manage the fund.

Top basket holdings are as of the date indicated and may not be representative of the funds current or future investments. ETFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund’s holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. It has amassed assets over $1.57 billion, making it one of the larger ETFs attempting to match the performance of the Energy – Broad segment of the equity market.

Latest On Fidelity MSCI Information Technology Index ETF

Since 1988 it has more than doubled the S&P 500 with an average gain of +24.27% per year. These returns cover a period from January 1, 1988 through April 3, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.

FENY seeks to match the performance of the MSCI USA IMI Energy Index before fees and expenses. Sector ETFs also provide investors access to a broad group of companies in particular sectors that offer low risk and diversified exposure. Energy – Broad is one of the 16 broad Zacks sectors within the Zacks Industry classification.

Top 5 3rd Quarter Trades of Birchcreek Wealth Management, LLC

Capital Markets Trading, products, and services with a commitment to execution excellence. Fidelity Labs Explore and comment on our beta software designed for improving the technology of online customer service and investing. Other Workplace Benefits (NetBenefits®) See your compensation, health, and insurance benefits managed by Fidelity for your employer. Please note you can display only one indicator at a time in this view. Please use Advanced Chart if you want to display more than one.

To https://1investing.in/ information on how the ETF Database Realtime Ratings work, click here. Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Independent third-party analytics of the daily holdings shown below can help you compare the ETP’s Prospectus Stated Objectives to the characteristics of its underlying holdings.

Ownership:  FTEC

Find out how Fidelity can help drive your organization’s success. The use of the term «advisor» throughout this site shall refer to both investment advisors and broker dealers as a collective term. Free commission offer applies to online purchases select ETFs in a Fidelity brokerage account. The sale of ETFs is subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). A shortcut to view the full list of positions in your portfolio? Get to know an ETF’s objectives, holdings, and performance all in a quick summary.

The portfolio maintains a sizable cost advantage over competitors, priced within the lowest fee quintile among peers. Because of their narrow focus, sector investments tend to be more volatile than investments that diversify across many sectors and companies. The Information Technology sector is comprised of companies that offer goods and services, including hardware, software, semiconductors, and consulting services. Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use, please see disclaimer. Tax-adjusted returns and tax cost ratio are estimates of the impact taxes have had on a fund.

The fund tracks a market-cap-weighted index of stocks in the broad US information technology sector. Our selection of sector- and industry-level mutual funds can help you gain the exposure you’re looking for. We also offer sector mutual funds and sector ETFs from other leading asset managers. Access to our research can help you better understand the industries and companies that make up this sector, with timely performance data and stock, mutual fund, and ETF screeners.

funds category comparison

Before investing in any mutual fund or exchange traded fund, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Registered investment products and collective investment trusts managed by Fidelity Management Trust Company are offered by Fidelity Distributors Company LLC , a registered broker-dealer. FIAM products and services may be presented by FDC LLC, a non-exclusive financial intermediary affiliated with FIAM and compensated for such services. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style.

To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. When considering an ETF’s total return, expense ratios are an important factor, and cheaper funds can significantly outperform their more expensive counterparts in the long term if all other factors remain equal. Money Flow Uptick/Downtick Ratio Money flow measures the relative buying and selling pressure on a stock, based on the value of trades made on an «uptick» in price and the value of trades made on a «downtick» in price. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades.

• To see all exchange delays and terms of use, please see disclaimer.
• Fidelity Institutional® Comprehensive insights, proprietary research, a broad investment lineup, and diagnostic tools to help you meet your clients’ needs and keep your business thriving.
• Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better.
• A sound investment process and strong management team underpin Fidelity® MSCI Information Tech ETF’s Morningstar Medalist Rating of Gold.

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FTEC’s performance objective and investment process is for both security selection and portfolio construction. © 2023 Market data provided is at least 15-minutes delayed and hosted by Barchart Solutions.

You can gain access to the Tracking Basket and the Tracking Basket Weight overlap on Fidelity.com or i.Fidelity.com. Any data, charts and other information provided on this page are intended to help self-directed investors evaluate exchange traded products , including, but limited to exchange traded funds and exchange traded notes . Criteria and inputs entered, including the choice to make ETP comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating ETPs. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions. All content on FT.com is for your general information and use only and is not intended to address your particular requirements. A sound investment process and strong management team underpin Fidelity® MSCI Information Tech ETF’s Morningstar Medalist Rating of Gold.