ACCOUNTS & TRADING
PREMIUM CONTENT & TOOLS
ACCOUNTS & TRADING
PREMIUM CONTENT & TOOLS
Tap into a Growing Market with Fidelity ETFs
As one of the world’s largest providers of financial services, Fidelity offers a full lineup of sector ETFs, factor-based equity ETFs, and factor-based and actively managed fixed income ETFs. Whether you are seeking to add core or targeted exposure or to rebalance your portfolio to a strategic asset allocation, Fidelity ETFs can be a nimble and cost effective vehicle to meet these investment goals.
* While Active ETFs offer the potential to outperform an index, these products may more significantly trail an index as compared with passive ETFs.
Get precise exposure to factor-based strategies.
Fidelity Factor ETFs
Help clients navigate the bond market.
Fidelity Fixed Income ETFs
Add targeted sector exposure to client portfolios.
Fidelity Sector ETFs
Combining the power of Active Management in an ETF.
These ETFs are different from traditional ETFs. This may create additional risks for your investment.
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.
Video Library and Related Commentary feature content covering a broad range of Fidelity products. Presenters or authors may not be associated with products otherwise mentioned on this page.