Fidelity Msci Communication Etf Profile

FCOM Etf  USD 58.61  0.08  0.14%   

Performance

17 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 9

 
High
 
Low
Low
Fidelity MSCI is selling at 58.61 as of the 28th of November 2024; that is 0.14 percent increase since the beginning of the trading day. The etf's lowest day price was 58.4. Fidelity MSCI has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Fidelity MSCI Communication are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests at least 80 percent of assets in securities included in the funds underlying index. Fidelity MSCI is traded on NYSEARCA Exchange in the United States. More on Fidelity MSCI Communication

Moving together with Fidelity Etf

  0.99XLC Communication ServicesPairCorr
  1.0VOX Vanguard CommunicationPairCorr
  0.97IYZ IShares TelecommunicatioPairCorr
  0.9ESPO VanEck Video GamingPairCorr
  0.97IXP iShares Global CommPairCorr

Moving against Fidelity Etf

  0.77BND Vanguard Total BondPairCorr
  0.55VEA Vanguard FTSE DevelopedPairCorr

Fidelity Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationStrategy ETFs, Theme ETFs, Communications, Fidelity Investments (View all Sectors)
IssuerFidelity
Inception Date2013-10-24
BenchmarkMSCI USA IMI Communication Services 25/50 Index
Entity TypeRegulated Investment Company
Average Trading Valume88,689.5
Asset TypeEquity
CategoryStrategy
FocusTheme
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorState Street Bank and Trust Company
AdvisorFidelity Management & Research Company LLC
CustodianState Street Bank and Trust Company
DistributorFidelity Distributors Company LLC
Portfolio ManagerJennifer Hsui, Alan Mason, Amy Whitelaw
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Jul
ExchangeNYSE Arca, Inc.
Number of Constituents129
Market MakerLatour Trading
Total Expense0.084
Management Fee0.084
Country NameUSA
Returns Y T D32.36
NameFidelity MSCI Communication Services Index ETF
Currency CodeUSD
Open FigiBBG005FHWFF9
In Threey Volatility21.05
1y Volatility11.32
200 Day M A51.8477
50 Day M A56.0284
CodeFCOM
Updated At27th of November 2024
Currency NameUS Dollar
In Threey Sharp Ratio0.04
Fidelity MSCI Communication [FCOM] is traded in USA and was established 2013-10-21. The fund is listed under Communications category and is part of Fidelity Investments family. The entity is thematically classified as Strategy ETFs. Fidelity MSCI Commun currently have 488.84 M in assets under management (AUM). , while the total return for the last 3 years was 5.3%.
Check Fidelity MSCI Probability Of Bankruptcy

Geographic Allocation (%)

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity MSCI Communication Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Fidelity MSCI Communication Etf Constituents

SHENShenandoah Telecommunications CoStockCommunication Services
CCOICogent Communications GroupStockCommunication Services
TDSTelephone and DataStockCommunication Services
ATNIATN InternationalStockCommunication Services
IRDMIridium CommunicationsStockCommunication Services
SSentinelOneStockInformation Technology
GOOGAlphabet Inc Class CStockCommunication Services
TATT IncStockCommunication Services
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Fidelity MSCI Top Holders

ACMIXAbsolute Capital DefenderMutual FundTactical Allocation
AAMAXAbsolute Capital AssetMutual FundTactical Allocation
AAMCXAbsolute Capital AssetMutual FundTactical Allocation
AAMIXAbsolute Capital AssetMutual FundTactical Allocation
ACMDXAbsolute Capital DefenderMutual FundTactical Allocation
ACMAXAbsolute Capital DefenderMutual FundTactical Allocation
NFDIXNewfound Risk ManagedMutual FundTactical Allocation
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Fidelity MSCI Commun Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity MSCI. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Fidelity MSCI Against Markets

When determining whether Fidelity MSCI Commun is a strong investment it is important to analyze Fidelity MSCI's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fidelity MSCI's future performance. For an informed investment choice regarding Fidelity Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity MSCI Communication. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
The market value of Fidelity MSCI Commun is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity MSCI's value that differs from its market value or its book value, called intrinsic value, which is Fidelity MSCI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity MSCI's market value can be influenced by many factors that don't directly affect Fidelity MSCI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity MSCI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.