FDIS

Fidelity MSCI Consumer Discretionary Index ETF

$98.53

+0.00%

Market closed. Last update: 12:30 PM ET

📎 Investment Objective

The Fidelity MSCI Consumer Discretionary Index ETF seeks to provide investment results that correspond, before fees and expenses, to the performance of the MSCI USA IMI Consumer Discretionary Index.

Overview

ETF tracking Fidelity MSCI Consumer Discretionary Index ETF

Category Consumer Discretionary

Issuer Other

Inception Date 2013-10-24

Market Cap $1.8B

Average Volume N/A

Dividend Yield 0.76%

52-Week Range $75.33 - $104.24

VWAP $98.91

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Fidelity MSCI Consumer Discretionary Index ETF seeks to provide investment results that correspond, before fees and expenses, to the performance of the MSCI USA IMI Consumer Discretionary Index.

🎯 Investment Strategy

The ETF uses a passively managed indexing approach, investing in a representative sample of securities included in the underlying index in an effort to replicate its performance.

✨ Key Features

Provides exposure to the consumer discretionary sector of the U.S. equity market
Tracks the MSCI USA IMI Consumer Discretionary Index, which includes large, mid, and small-cap companies
Low expense ratio of 0.00%
Suitable for investors seeking broad exposure to the consumer discretionary sector

⚠️ Primary Risks

Equity market risk: The value of the ETF's shares will fluctuate with changes in the value of the underlying securities
Sector concentration risk: The ETF's performance may be more volatile than that of a more diversified fund due to its focus on the consumer discretionary sector
Tracking error risk: The ETF may not perfectly track the underlying index due to factors such as fund expenses and transaction costs
Liquidity risk: In certain market conditions, it may be difficult to buy or sell shares of the ETF at the desired price

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the consumer discretionary sector as part of a diversified portfolio. It may be particularly attractive for investors with a long-term investment horizon who are comfortable with the risks associated with sector-specific investing.