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Performance & Risk:  FTEC

FIDELITY MSCI INFORMATION TECHNOLOGY INDEX

61.44   -1.99 (-3.14%)

AS OF 8:00:00pm ET 08/23/2019 Quotes delayed at least 15 minutes.

Premium / Discount to NAV as of 07/31/2019

Premium Chart
Date Average
07/2019 0.01%
06/2019 -0.01%
05/2019 0.00%
04/2019 0.01%
03/2019 0.02%
02/2019 0.01%
01/2019 0.00%
12/2018 -0.02%
11/2018 -0.01%
10/2018 0.01%
09/2018 0.01%
08/2018 0.02%
1 Year Average0.00%

Growth of Hypothetical $10,000 * as of 07/31/2019

Growth Chart
Date Value
07/31/2019 $27,502.12
12/31/2018 $20,894.28
12/31/2017 $20,931.39
12/31/2016 $15,269.78
12/31/2015 $13,419.40
12/31/2014 $12,776.51
12/31/2013 $10,813.34
10/31/2013 $10,000.00

Cumulative Total Returns As of 08/23/2019

NAV Return Market Return MSCI USA IMI Information Technology Index
AS OF 08/23/2019
YTD +25.26% +25.55% +25.35%
5 Day -1.35% -1.27% -1.35%
4 Week -6.89% -6.88% -6.90%
13 Week +5.00% +5.08% +5.02%
6 Month +8.45% +8.51% +8.49%
52 Week +4.71% +4.74% +4.78%

Month-End Average Annual Total Returns And Risks As of 07/31/2019

Returns Volatility(vs. Market Benchmark)
Average NAV Return Market Return Benchmark Index
(MSCI USA IMI Information Technology Index)
AS OF 07/31/2019
Market Benchmark
(S&P 500 Index)
AS OF 07/31/2019
Alpha R2 Beta Standard
Deviation
Sharpe
Ratio
1 Year +15.94% +15.92% +16.03% +7.99% 5.33% 87.68% 1.37% 22.44% 0.61%
3 Year +24.09% +24.07% +24.23% +13.36% 6.14% 82.07% 1.29% 17.60% 1.28%
5 Year +18.53% +18.50% +18.64% +11.33% -- -- -- 17.58% 1.00%
10 Year -- -- -- -- -- -- -- -- --
Life +19.07% +19.20% +19.19% +11.98% -- -- -- 16.99% 1.08%
Life as of NAV inception date: 10/21/2013   Life market returns are as of the first day the ETF traded on an exchange, which may occur a few days after the NAV inception date. Market returns are based on the closing price on the listed exchange at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times.

Quarter-End Average Annual Total Returns As of 06/30/2019

Return Before Taxes (pre-tax) Return After Taxes On Distribution (post tax) Return After Taxes On Distribution & Sale of Fund Shares (liquidation)
Average NAV Return Market Return NAV Return Market Return NAV Return Market Return
1 Year +14.28% +14.10% +13.82% +13.65% +8.53% +8.43%
3 Year +25.73% +25.77% +25.21% +25.26% +20.31% +20.35%
5 Year +17.83% +17.79% +17.26% +17.23% +14.17% +14.14%
10 Year -- -- -- -- -- --
Life +18.66% +18.77% +18.10% +18.21% +15.02% +15.11%
Life as of NAV inception date: 10/21/2013   Life market returns are as of the first day the ETF traded on an exchange, which may occur a few days after the NAV inception date. Market returns are based on the closing price on the listed exchange at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times.
Gross Expense Ratio: 0.084%

Tax-adjusted returns and tax cost ratio are estimates of the impact taxes have had on a fund. Assumes the highest tax rate in calculating and follow the SEC guidelines for calculating returns before sale of shares. Click here to learn more.

Risk

Stock markets, especially foreign markets, are volatile and can decline significantly in response to adverse issuer, political, regulatory, market, or economic developments. The information technology industries can be significantly affected by obsolescence of existing technology, short product cycles, falling prices and profits, competition from new market entrants and general economic conditions. Exchange traded funds (ETFs) that target a small universe of securities, such as a specific region or market sector are generally subject to greater market volatility as well as the specific risks associated with that sector, region or other focus. This ETF may have additional volatility because it can invest a significant portion of assets in securities of a small number of individual issuers. The return of an index ETF is usually different from that of the index it tracks because of fees, expenses and tracking error. An ETF may trade at a premium or discount to its Net Asset Value (NAV).

Performance data shown represents past performance and is no guarantee of future results. Investment return and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted.

Quarter-End returns include all applicable recurring and non-recurring fees (including short-term trading or redemption fees) and charges, if any.

ETFs are subject to management fees as well as other expenses including brokerage commissions. Please contact your investment professional for more information on applicable brokerage fees. Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and may only be redeemed directly with the fund by Authorized Participants in creation units.

* A hypothetical $10,000 investment made in the fund ten years ago, or on commencement of operations for funds lacking a ten-year track record. Figures include reinvestment of capital gains and dividends, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. This chart is not intended to imply any future performance of the fund.

The performance data shown represents past performance, which is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. Click on the "Performance & Risk" link to view quarter-end performance.

Average annual total returns are historical and include change in share value and reinvestment of dividends and capital gains, if any. Cumulative total returns are reported as of the period indicated. Life of fund figures are reported as of the commencement date to the period indicated. Since ETFs are bought and sold at prices set by the market - which can result in a premium or discount to NAV- the returns calculated using market price (market return) can differ from those calculated using NAV (NAV return).

Basket holdings, asset allocation, market sectors, industry exposure, and geographical diversification are as of the date indicated and may not be representative of the fund's current or future investments.

© 2014 Morningstar, Inc. All rights reserved. The Morningstar information contained herein (1) is proprietary to Morningstar or its affiliates; (2) may not be copied or redistributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, or, if available, a summary prospectus containing this information. Read it carefully.


 
 

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