FDHT
Fidelity Digital Health ETF
📎 Investment Objective
The Fidelity Digital Health ETF (FDHT) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Digital Health Index, which is designed to reflect the performance of companies involved in the digital health industry.
Overview
ETF tracking Fidelity Digital Health ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity Digital Health ETF (FDHT) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Digital Health Index, which is designed to reflect the performance of companies involved in the digital health industry.
🎯 Investment Strategy
The ETF invests in a portfolio of securities that seeks to track the Fidelity Digital Health Index. The index includes companies that are involved in the development and application of digital technologies and services in the healthcare industry, such as telehealth, digital therapeutics, healthcare IT, and other digital health solutions.
✨ Key Features
- Provides exposure to the growing digital health industry
- Diversified portfolio of companies involved in various digital health technologies
- Passively managed to track the Fidelity Digital Health Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on the digital health industry
- Volatility risk as the digital health sector may experience significant price swings
- Regulatory risk as the digital health industry is subject to evolving government policies and regulations
- Technological risk as the industry is dependent on the continuous development and adoption of new technologies
👤 Best For
The Fidelity Digital Health ETF may be suitable for investors seeking exposure to the digital health industry as part of a diversified portfolio. Investors should have a long-term investment horizon and a higher risk tolerance, as the fund may experience significant volatility.