Fidelity Msci Financials Etf Profile
| FNCL Etf | USD 57.89 0.49 0.85% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Fidelity MSCI is selling for 57.89 as of the 24th of April 2024. This is a 0.85% increase since the beginning of the trading day. The etf's lowest day price was 57.5. Fidelity MSCI has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Fidelity MSCI Financials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
The fund invests at least 80 percent of assets in securities included in the funds underlying index. Fidelity Financials is traded on NYSEARCA Exchange in the United States. More on Fidelity MSCI Financials
Moving together with Fidelity Etf
| 0.98 | XLF | Financial Select Sector Aggressive Push | PairCorr |
| 0.98 | VFH | Vanguard Financials Index | PairCorr |
| 1.0 | IYF | iShares Financials ETF | PairCorr |
| 1.0 | IYG | iShares Financial | PairCorr |
Fidelity Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Fidelity MSCI's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Fidelity MSCI or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Financials ETFs, Financial, Fidelity Investments (View all Sectors) |
| Issuer | Fidelity |
| Inception Date | 2013-10-24 |
| Benchmark | MSCI USA IMI Financials 25/50 Linked Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.58 Billion |
| Average Trading Valume | 132,410.3 |
| Asset Type | Equity |
| Category | Sector |
| Focus | Financials |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | Fidelity Service Company, Inc. |
| Advisor | Fidelity SelectCo, LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | Fidelity Distributors Corporation |
| Portfolio Manager | Diane Hsiung, Jennifer Hsui, Alan Mason, Greg Savage |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Apr |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 424 |
| Market Maker | Latour Trading |
| Total Expense | 0.084 |
| Management Fee | 0.084 |
| Country Name | USA |
| Returns Y T D | 6.44 |
| Name | Fidelity MSCI Financials Index ETF |
| Currency Code | USD |
| In Threey Volatility | 20.78 |
| 1y Volatility | 17.28 |
| 200 Day M A | 51.4465 |
| 50 Day M A | 57.1626 |
| Code | FNCL |
| Updated At | 23rd of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.38 |
Fidelity MSCI Financials [FNCL] is traded in USA and was established 2013-10-21. The fund is listed under Financial category and is part of Fidelity Investments family. The entity is thematically classified as Sector ETFs. Fidelity MSCI Financials currently have 1.39 B in assets under management (AUM). , while the total return for the last 3 years was 6.0%.
Check Fidelity MSCI Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity MSCI Financials Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity MSCI Financials Etf Constituents
| TFC | Truist Financial Corp | Stock | Financials |
| GS | Goldman Sachs Group | Stock | Financials |
| WFC | Wells Fargo | Stock | Financials |
| USB | US Bancorp | Stock | Financials |
| SPGI | SP Global | Stock | Financials |
| SCHW | Charles Schwab Corp | Stock | Financials |
| MS | Morgan Stanley | Stock | Financials |
Fidelity MSCI Target Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Fidelity MSCI jumping above the current price in 90 days from now is about 17.95%. The Fidelity MSCI Financials probability density function shows the probability of Fidelity MSCI etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the etf has a beta coefficient of 1.0888. This usually indicates Fidelity MSCI Financials market returns are very sensitive to returns on the market. As the market goes up or down, Fidelity MSCI is expected to follow. Additionally, fidelity MSCI Financials has an alpha of 0.0427, implying that it can generate a 0.0427 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Fidelity MSCI to move above the current price in 90 days from now is about 17.95 (This Fidelity MSCI Financials probability density function shows the probability of Fidelity Etf to fall within a particular range of prices over 90 days) .
Fidelity MSCI Top Holders
| DUDE | DUDE | Etf | Tactical Allocation |
| PFFSX | Pfg Fidelity Institutional | Mutual Fund | Large Blend |
| NFDIX | Newfound Risk Managed | Mutual Fund | Tactical Allocation |
Fidelity MSCI Financials Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Fidelity MSCI market risk premium is the additional return an investor will receive from holding Fidelity MSCI long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity MSCI. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Fidelity MSCI's alpha and beta are two of the key measurements used to evaluate Fidelity MSCI's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1106 | |||
| Jensen Alpha | 0.0427 | |||
| Total Risk Alpha | 0.0274 | |||
| Sortino Ratio | 0.054 |
Fidelity MSCI Against Markets
Picking the right benchmark for Fidelity MSCI etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Fidelity MSCI etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Fidelity MSCI is critical whether you are bullish or bearish towards Fidelity MSCI Financials at a given time. Please also check how Fidelity MSCI's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Fidelity MSCI without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Fidelity Etf?
Before investing in Fidelity MSCI, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Fidelity MSCI. To buy Fidelity MSCI etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Fidelity MSCI. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Fidelity MSCI etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Fidelity MSCI Financials etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Fidelity MSCI Financials etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Fidelity MSCI Financials, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Fidelity Etf please use our How to Invest in Fidelity MSCI guide.
Already Invested in Fidelity MSCI Financials?
The danger of trading Fidelity MSCI Financials is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Fidelity MSCI is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Fidelity MSCI. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Fidelity MSCI Financials is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Fidelity MSCI Financials is a strong investment it is important to analyze Fidelity MSCI's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fidelity MSCI's future performance. For an informed investment choice regarding Fidelity Etf, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity MSCI Financials. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Fidelity MSCI Financials information on this page should be used as a complementary analysis to other Fidelity MSCI's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Fidelity MSCI Financials is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity MSCI's value that differs from its market value or its book value, called intrinsic value, which is Fidelity MSCI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity MSCI's market value can be influenced by many factors that don't directly affect Fidelity MSCI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity MSCI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.