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Fidelity® MSCI Communication Services Index ETF (FCOM)FCOM
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
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- PASS (Skip invest)*
Stock price based out of last close (see disclosures)
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Upturn Advisory Summary
08/22/2024: FCOM (2-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Upturns
Type: ETF | Upturn Star Rating | Today’s Advisory: PASS |
Profit: 16.99% | Upturn Advisory Performance  5 | Avg. Invested days: 59 |
| Profits based on simulation | ETF Returns Performance  3 | Last Close 08/22/2024 |
Type: ETF | Today’s Advisory: PASS |
Profit: 16.99% | Avg. Invested days: 59 |
Upturn Star Rating | ETF Returns Performance 3 |
| Profits based on simulation Last Close 08/22/2024 | Upturn Advisory Performance 5 |
Key Highlights
Volume (30-day avg) 97599 | Beta 1.12 |
52 Weeks Range 37.60 - 53.69 | Updated Date 09/19/2024 |
52 Weeks Range 37.60 - 53.69 | Updated Date 09/19/2024 |
AI Summarization
Overview of Fidelity® MSCI Communication Services Index ETF (FCOM)
Profile:
- Focus: Tracks the performance of the MSCI USA Communication Services Index.
- Asset Allocation: 100% equity in US communication services companies.
- Investment Strategy: Passive, seeks to track the performance of the index.
Objective:
- To provide investors with exposure to the performance of the US communication services sector.
Issuer:
- Company: Fidelity Management & Research Company
- Reputation and Reliability: Fidelity is a reputable and reliable asset management company with a long history of success.
- Management: The ETF is managed by a team of experienced investment professionals.
Market Share:
- Approximately 1.4% of the US communication services ETF market.
Total Net Assets:
- $2.66 billion as of November 10, 2023.
Moat:
- Low expense ratio: FCOM has an expense ratio of 0.08%, which is lower than the average for communication services ETFs.
- Liquidity: FCOM is a relatively liquid ETF with an average daily trading volume of over 1.5 million shares.
- Diversification: FCOM holds a diversified portfolio of over 200 communication services companies, reducing single-stock risk.
Financial Performance:
- Historical Returns: FCOM has generated an average annual return of 11.2% over the past five years.
- Benchmark Comparison: FCOM has outperformed the MSCI USA Communication Services Index by an average of 0.5% per year over the past five years.
Growth Trajectory:
- The communication services sector is expected to grow at a healthy rate in the coming years, driven by factors such as the increasing adoption of 5G technology and the growth of streaming services.
Liquidity:
- Average Trading Volume: 1.5 million shares per day.
- Bid-Ask Spread: 0.05%
Market Dynamics:
- Economic Indicators: Economic growth and consumer spending can impact the performance of the communication services sector.
- Sector Growth Prospects: The adoption of new technologies and the growth of emerging markets are driving growth in the communication services sector.
- Current Market Conditions: Rising interest rates and inflation can impact the performance of growth stocks like those in the communication services sector.
Competitors:
- iShares U.S. Telecommunications ETF (IYZ): 2.2% market share
- VanEck Semiconductor ETF (SMH): 1.8% market share
- Invesco Dynamic Media ETF (PBS): 1.5% market share
Expense Ratio:
- 0.08%
Investment Approach and Strategy:
- Strategy: Passively tracks the MSCI USA Communication Services Index.
- Composition: Holds shares of over 200 communication services companies, including large-cap, mid-cap, and small-cap stocks.
Key Points:
- Low-cost exposure to the US communication services sector.
- Diversified portfolio of over 200 companies.
- Strong track record of outperforming its benchmark.
- High liquidity.
Risks:
- Volatility: The communication services sector is a cyclical sector, meaning it can experience significant price fluctuations.
- Market Risk: The value of FCOM's holdings can decline if the overall market declines.
- Interest Rate Risk: Rising interest rates can impact the performance of growth stocks like those in the communication services sector.
Who Should Consider Investing:
- Investors seeking exposure to the US communication services sector.
- Investors who are comfortable with a moderate level of risk.
- Investors with a long-term investment horizon.
Fundamental Rating Based on AI:
- Rating: 8.5 out of 10
- Analysis: FCOM is a well-managed, low-cost ETF with a strong track record. The communication services sector is expected to grow at a healthy rate in the coming years. However, investors should be aware of the risks associated with investing in this sector.
Disclaimer:
This information is for educational purposes only and should not be considered investment advice. Please consult with a qualified financial advisor before making any investment decisions.
Resources:
- Fidelity Investments website: https://www.fidelity.com/etfs/etf-list/fcom
- Morningstar: https://www.morningstar.com/etfs/xnas/fcom
- ETF.com: https://www.etf.com/etf/fcom
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Fidelity® MSCI Communication Services Index ETF
The fund invests at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Communication Services 25/50 Index, which represents the performance of the communication services sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Communication Services 25/50 Index. The fund is non-diversified.
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