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Portfolio Composition:  ONEQ

FIDELITY NASDAQ COMPOSITE INDEX TRACKING STOCK

412.61   1.95 (0.47%)

AS OF 4:00:00pm ET 07/10/2020 Quotes delayed at least 15 minutes.

ETP's Prospectus Stated Objectives

The investment seeks to provide investment returns that closely correspond to the price and yield performance of the Nasdaq Composite Index. The fund normally invests at least 80% of assets in common stocks included in the index. It uses statistical sampling techniques that take into account such factors as capitalization, industry exposures, dividend yield, price/earnings (P/E) ratio, price/book (P/B) ratio, and earnings growth to create a portfolio of securities listed in the Nasdaq Composite Index that have a similar investment profile to the entire index. The fund may operate as a non-diversified fund, as defined under the Investment Company Act of 1940 (1940 Act), as a result of a change in relative market capitalization or index weighting of one or more constituents of the Index.

Asset Classification Equity
Geography Objective Global
Capitalization / Style Objective Broad/Multi Cap / Core or Blend
Sector Objective Multi Sectors
Investment Philosophy Passively Managed

ETP Portfolio Characteristics

as of 07/10/2020

Independent third-party analytics of the daily basket holdings shown below can help you compare the ETP's Prospectus Stated Objectives to the characteristics of its underlying holdings. Their use of standardized calculations enable consistent comparison. It is important to note that they may not reflect ETF Managers' methodology to determine portfolio characteristics in buying and selling securities for the fund. Learn more about the ETF Managers' investment approach and performance in their Prospectus, Reports & Holdings.

Basket Holdings

Total: 986 (Long: 984 | Short: 0)
Holdings
 Top 10 46.69%
 Other 53.31%

Top 10

AAPL Apple Inc 10.33%
MSFT Microsoft Corp 10.07%
AMZN Amazon.com Inc 9.91%
FB Facebook Inc 3.66%
GOOG Alphabet Inc 3.21%
GOOGL Alphabet Inc 2.87%
TSLA Tesla Inc 1.76%
CASH Cash† 1.71%
NVDA NVIDIA Corp 1.60%
INTC Intel Corp 1.57%
†Part or all of this cash position may represent cash-in-lieu of marketable securities and not actual cash.Click here for more information. View all Basket Holdings by Weight
Software 16.28%
Internet & Direct Marketing Retail 11.78%
Technology Hardware, Storage & Peripherals 10.64%
Interactive Media & Services 10.30%
Semiconductors & Semiconductor Equipment 9.35%
Biotechnology 5.95%
IT Services 3.46%
Entertainment 2.81%
Media 2.65%
Health Care Equipment & Supplies 1.82%
Automobiles 1.76%
Capital Markets 1.52%
Communications Equipment 1.47%
Beverages 1.43%
Banks 1.39%
Hotels Restaurants & Leisure 1.27%
Food & Staples Retailing 1.23%
Wireless Telecommunication Services 0.95%
Food Products 0.90%
Equity Real Estate Investment Trusts (REITs) 0.89%
Life Sciences Tools & Services 0.84%
Road & Rail 0.74%
Specialty Retail 0.70%
Electronic Equipment, Instruments & Components 0.70%
Pharmaceuticals 0.66%
Insurance 0.66%
Machinery 0.55%
Electric Utilities 0.54%
Health Care Providers & Services 0.45%
Professional Services 0.43%
Commercial Services & Supplies 0.42%
Health Care Technology 0.35%
Textiles, Apparel & Luxury Goods 0.30%
Diversified Telecommunication Services 0.28%
Household Durables 0.26%
Trading Companies & Distributors 0.23%
Air Freight & Logistics 0.19%
Leisure Products 0.19%
Multiline Retail 0.18%
Airlines 0.17%
Metals & Mining 0.16%
Thrifts & Mortgage Finance 0.15%
Oil, Gas & Consumable Fuels 0.14%
Consumer Finance 0.14%
Aerospace & Defense 0.13%
Diversified Consumer Services 0.13%
Distributors 0.13%
Auto Components 0.12%
Building Products 0.11%
Electrical Equipment 0.11%
Real Estate Management & Development 0.10%
Industrial Conglomerates 0.08%
Household Products 0.08%
Independent Power and Renewable Electricity... 0.05%
Chemicals 0.04%
Construction & Engineering 0.04%
Energy Equipment & Services 0.02%
Containers & Packaging 0.02%
Marine 0.02%
Paper & Forest Products 0.01%
Personal Products 0.01%
Water Utilities 0.01%
View full listing
Regional Exposure
North America 92.96%
Europe 2.91%
Asia 1.64%
Latin America 0.48%
Middle East 0.30%
Country Exposure
United States 92.59%
China 1.51%
Germany 0.83%
United Kingdom 0.82%
Netherlands 0.47%
Canada 0.37%
Argentina 0.31%
Israel 0.30%
Switzerland 0.23%
Ireland 0.21%
Brazil 0.15%
Russia 0.11%
France 0.10%
Luxembourg 0.05%
New Zealand 0.05%
Singapore 0.05%
Denmark 0.04%
Hong Kong 0.02%
Mexico 0.02%
Poland 0.02%
Spain 0.02%
Sweden 0.02%
India 0.01%
Taiwan 0.01%
Market Capitalization
Large 78.23%
Mid 9.51%
Small 6.66%
Micro 3.87%
Other 1.73%

StyleMap®

as of 07/13/2020   More information
Value Blend Growth
Large
Mid
Small
Current HistoricalCurrent Fund Assets Coverage: 100%
Data provided by .

Currency Exposure More information

United States Dollar 92.86%
Euro 1.69%
China Renminbi 1.51%
View full listing

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.

Important Additional Risk Information: Fidelity Active Equity ETFs
These ETFs are different from traditional ETFs. Traditional ETFs tell the public what assets they hold each day. These ETFs will not. This may create additional risks for your investment. For example, you may have to pay more money to trade the shares of these ETFs. These ETFs will provide less information to traders, who tend to charge more for trades when they have less information; the price you pay to buy ETF shares on an exchange may not match the value of each ETF's portfolio. The same is true when you sell shares. These price differences may be greater for these ETFs compared to other ETFs because they provide less information to traders; these additional risks may be even greater in bad or uncertain market conditions; each ETF will publish on Fidelity.com and i.Fidelity.com a "Tracking Basket" designed to help trading in shares of the ETF. While the Tracking Basket includes some of the ETF's holdings, it is not the ETF's actual portfolio. The differences between these ETFs and other ETFs may also have some advantages. By keeping certain information about the ETFs secret, they may face less risk that other traders can predict or copy their investment strategy. This may improve the ETFs' performance. However, if the investment strategy can be predicted or copied, this may hurt the ETFs' performance. For additional information regarding the unique attributes and risks of these ETFs, see section below.

The objective of the actively managed ETF Tracking Basket is to construct a portfolio of stocks and representative index ETFs that tracks the daily performance of an actively managed ETF without exposing current holdings, trading activities, or internal equity research. The Tracking Basket is designed to conceal any nonpublic information about the underlying portfolio and only uses the Fund's latest publicly disclosed holdings, representative ETFs, and the publicly known daily performance in its construction. You can gain access to the Tracking Basket and the Tracking Basket Weight overlap on Fidelity.com or i.Fidelity.com.

Although the Tracking Basket is intended to provide investors with enough information to allow for an effective arbitrage mechanism that will keep the market price of the Fund at or close to the underlying NAV per share of the Fund, there is a risk (which may increase during periods of market disruption or volatility) that market prices will vary significantly from the underlying NAV of the Fund; ETFs trading on the basis of a published Tracking Basket may trade at a wider bid/ask spread than ETFs that publish their portfolios on a daily basis, especially during periods of market disruption or volatility, and, therefore, may cost investors more to trade, and although the Fund seeks to benefit from keeping its portfolio information secret, market participants may attempt to use the Tracking Basket to identify a Fund?s trading strategy, which, if successful, could result in such market participants engaging in certain predatory trading practices that may have the potential to harm the Fund and its shareholders.

Because shares are traded in the secondary market, a broker may charge a commission to execute a transaction in shares, and an investor may incur the cost of the spread between the price at which a dealer will buy shares and the price at which a dealer will sell shares.

* 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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