FIDU

Fidelity MSCI Industrials Index ETF

$80.75
+0.00%
Market closed. Last update: 12:31 PM ET

📎 Investment Objective

The Fidelity MSCI Industrials Index ETF seeks to provide investment results that correspond, before fees and expenses, to the performance of the MSCI USA IMI Industrials Index, which represents the industrials sector of the U.S. equity market.

Overview

ETF tracking Fidelity MSCI Industrials Index ETF

Category Industrials
Issuer Other
Inception Date 2013-10-24
Market Cap $1.5B
Average Volume N/A
Dividend Yield 1.34%
52-Week Range $60.99 - $83.46
VWAP $80.72

Performance

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Investment Summary

📎 Investment Objective

The Fidelity MSCI Industrials Index ETF seeks to provide investment results that correspond, before fees and expenses, to the performance of the MSCI USA IMI Industrials Index, which represents the industrials sector of the U.S. equity market.

🎯 Investment Strategy

The ETF uses a passively managed, full-replication approach to track the performance of the underlying index. It invests in the same securities and in the same proportions as the index, seeking to replicate its risk and return characteristics.

✨ Key Features

  • Provides broad exposure to the industrials sector of the U.S. equity market
  • Passively managed to track the MSCI USA IMI Industrials Index
  • Low expense ratio of 0.00%
  • Suitable for investors seeking sector-specific exposure as part of a diversified portfolio

⚠️ Primary Risks

  • Concentration risk: The fund is concentrated in the industrials sector, which may be subject to greater volatility and risk than a more diversified portfolio
  • Market risk: The value of the fund's shares will fluctuate with changes in the value of the underlying securities
  • Tracking error risk: The fund may not perfectly track the performance of the underlying index due to various factors
  • Liquidity risk: The fund may have difficulty buying or selling certain securities, particularly in volatile market conditions

👤 Best For

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