FDWM
Fidelity Women's Leadership ETF
📎 Investment Objective
The Fidelity Women's Leadership ETF (FDWM) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Women's Leadership Index.
Overview
ETF tracking Fidelity Women's Leadership ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity Women's Leadership ETF (FDWM) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Women's Leadership Index.
🎯 Investment Strategy
The ETF invests in a portfolio of companies that demonstrate a commitment to advancing women through gender diversity on their board of directors and in executive leadership positions. The fund seeks to track the performance of the underlying index, which is designed to measure the investment return of stocks of companies that have a relatively high percentage of women on their board of directors and in executive management positions.
✨ Key Features
- Focuses on companies demonstrating a commitment to gender diversity in leadership roles
- Tracks the Fidelity Women's Leadership Index, which selects companies based on the percentage of women on the board and in executive management
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific investment theme
- Potential for underperformance compared to broader market indices
- Limited track record and assets under management
- Liquidity risk due to the fund's small size
👤 Best For
The Fidelity Women's Leadership ETF may be suitable for investors seeking exposure to companies that prioritize gender diversity in leadership, as part of a broader, diversified portfolio. However, the fund's limited history and small asset base mean it may be more appropriate for investors with a higher risk tolerance and a long-term investment horizon.