FCOM

Fidelity MSCI Communication Services Index ETF
*Unless otherwise stated, data provided by FactSet.

FCOM Fund Description

FCOM tracks a market-cap-weighted index of stocks in the US telecommunication services sector.

FCOM Factset Analytics Insight

FCOM is one of ten October 2013 launches from Fidelity that track MSCI sector indexes. The fund targets the US telecommunications sector. Although the US telecommunications segment has few funds, FCOM is also competing for assets with funds in the utilities and technology sectors that roll telecom exposure into their portfolios. The reason telecom gets absorbed into these other sectors in the ETP wrapper has to do with concentration: AT&T and Verizon account for 80% of the sector by market cap, and RIC-compliant funds cannot give this much weight to two holdings. The good news is FCOM debuts with the lowest fee in the segment, and tracks a similar benchmark to reigning Analyst Pick VOX. The challenge has been attracting enough assets to make the full cost competitive with VOX.

FCOM MSCI ESG Analytics Insight

Fidelity MSCI Communication Services Index ETF has an MSCI ESG Fund Rating of BB based on a score of 3.92 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Fidelity MSCI Communication Services Index ETF ranks in the 19th percentile within its peer group and in the 23th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

FCOM MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

FCOM Charts And Performance

Price Chart ($)
Total Return Chart (%)
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Select ETFs to compare their performance:
PERFORMANCE [as of 12/04/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
FCOM 1.31% 5.48% 22.63% 12.82% 9.01% 8.82% --
FCOM (NAV) 1.45% 4.41% 23.48% 17.36% 9.17% 9.00% --
MSCI USA IMI Telecommunication Services 25/50 Index 1.45% 4.43% 23.59% 17.45% 9.34% 9.15% --
Thomson Reuters US Telecom -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

FCOM Summary Data

Fidelity
10/21/13
Open-Ended Fund
0.08%
$469.79M
$2.20M
0.10%

FCOM Portfolio Data

$322.23B
45.15
3.15
0.98%
12/20/19
111

FCOM Index Data

Market Cap
Market Cap
Thomson Reuters US Telecom

FCOM Portfolio Management

0.08%
-0.14%
-0.04%
-0.22%

FCOM Tax Exposures

20.00% / 39.60%
1.33%
Qualified dividends
No

FCOM Fund Structure

Open-Ended Fund
No
No
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

FCOM Factset Analytics Block Liquidity

As of 12/05/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of FCOM. FCOM is rated a 5 out of 5.

FCOM Tradability

64,843
$2.20M
49,894
$1.74M
0.10%
$0.03
0.02%
1.00% / -0.42%
None
100.00%
50,000
1.00
0.01%
0.01%
0
$34.87
5

FCOM Sector/Industry Breakdown


FCOM
Segment Benchmark
47.23%
--
21.51%
--
12.31%
53.04%
8.11%
46.96%
2.88%
--
2.17%
--
1.72%
--
1.52%
--
0.95%
--
0.73%
--

FCOM Countries


FCOM
Segment Benchmark
100.00%
100.00%

FCOM Regions


FCOM
Segment Benchmark
100.00%
100.00%

FCOM Economic Development


FCOM
Segment Benchmark
100.00%
100.00%

FCOM Performance Statistics

0.30
0.61
0.80
0.51
0.97%
Thomson Reuters US Telecom

FCOM MSCI ESG Ratings

3.92 / 10
22.92
18.98
--
0.64%
22.61

FCOM Benchmark Comparison Holdings

111
26
22
20.11%

FCOM Benchmark Comparison Summary


FCOM
Segment Benchmark
111
26
$322.23B
$233.47B
45.15
23.42
3.15
2.20
1.09%
4.23%
High
High

FCOM Benchmark Comparison Market Cap Size


FCOM
Segment Benchmark
84.66%
93.96%
9.52%
4.29%
5.04%
1.49%
0.77%
0.25%