Fidelity Investments, begun trading 6 new Factor-Based ETFs, the Fidelity Core Dividend ETF (Nyse Arca: FDVV), the Fidelity Dividend ETF for Rising Rates (Nyse Arca: FDRR), the Fidelity Low Volatility Factor ETF (Nyse Arca: FDLO), the Fidelity Momentum Factor ETF (Nyse Arca: FDMO), the Fidelity Quality Factor ETF (Nyse Arca: FQAL), and the Fidelity Value Factor ETF (Nyse Arca: FVAL) on Thursday, September 15, 2016.
Here is a synopsis of the new ETFs:
1.
FUND INFORMATION:
| Symbol: FDVV | Exchange: NYSE ARCA |
| Name: Fidelity Core Dividend ETF | Net Expense Ratio: 0.29% |
FUND OBJECTIVE:
The Fidelity Core Dividend ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Core Dividend Index.
REFERENCE INDEX:
The Fidelity Core Dividend Index is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies (mainly from US) that are expected to continue to pay and grow their dividends.
Fund Top Holdings (09/19/16):
| XOM | EXXON MOBIL CORP | 2.83% |
| T | AT+T INC | 2.82% |
| OKE | ONEOK INC | 2.78% |
| TRGP | TARGA RESOURCES CORP | 2.72% |
| VZ | VERIZON COMMUNICATIONS INC | 2.53% |
| WMB | WILLIAMS COS INC | 2.44% |
| AAPL | APPLE INC | 2.25% |
| CVX | CHEVRON CORP | 2.23% |
| JPM | JPMORGAN CHASE + CO | 2.16% |
| WFC | WELLS FARGO + CO | 1.84% |
Fund Country Exposure (09/19/16):
| North America | 94.55% |
| Europe | 4.27% |
| Asia | 1.19% |
Fund Sector Exposure (09/19/16):
| Consumer Discretionary | 17.97% |
| Energy | 16.47% |
| Financials | 15.92% |
| Information Technology | 12.41% |
| Utilities | 10.00% |
| Telecommunication Services | 8.37% |
| Health Care | 6.26% |
| Industrials | 2.11% |
| Consumer Staples | 1.73% |
Useful Links:
FDVV Home Page
Category:
2.
FUND INFORMATION:
| Symbol: FDRR | Exchange: NYSE ARCA |
| Name: Fidelity Dividend ETF for Rising Rates | Net Expense Ratio: 0.29% |
FUND OBJECTIVE:
The Fidelity Dividend ETF for Rising Rates seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Dividend Index for Rising Rates.
REFERENCE INDEX:
The Fidelity Dividend Index for Rising Rates is designed to reflect the performance of stocks of large and mid-capitalization dividend-paying companies that are expected to continue to pay and grow their dividends and have a positive correlation of returns to increasing 10-year U.S. Treasury yields.
Fund Top Holdings (09/16/16):
| AAPL | APPLE INC | 3.83% |
| MSFT | MICROSOFT CORP | 2.91% |
| JNJ | JOHNSON + JOHNSON | 2.72% |
| PFE | PFIZER INC | 2.19% |
| MRK | MERCK + CO. INC. | 2.13% |
| XOM | EXXON MOBIL CORP | 2.00% |
| JPM | JPMORGAN CHASE + CO | 1.84% |
| AMGN | AMGEN INC | 1.83% |
| INTC | INTEL CORP | 1.77% |
| PG | ROCTER + GAMBLE CO | 1.76% |
Fund Country Exposure (09/16/16):
| North America | 94.16% |
| Europe | 4.59% |
| Asia | 1.24% |
Fund Sector Exposure (09/16/16):
| Information Technology | 20.97% |
| Health Care | 14.25% |
| Consumer Discretionary | 11.73% |
| Financials | 11.73% |
| Industrials | 9.86% |
| Consumer Staples | 9.26% |
| Energy | 7.03% |
| Utilities | 3.52% |
| Materials | 3.03% |
| Telecommunication Services | 2.35% |
Useful Links:
FDRR Home Page
Category:
3.
FUND INFORMATION:
| Symbol: FDLO | Exchange: NYSE ARCA |
| Name: Fidelity Low Volatility Factor ETF | Net Expense Ratio: 0.29% |
FUND OBJECTIVE:
The Fidelity Low Volatility Factor ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Low Volatility Factor Index.
REFERENCE INDEX:
The Fidelity U.S. Low Volatility Factor Index is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market.
Fund Country Exposure (09/16/16):
| GOOGL | ALPHABET INC CL A | 3.10% |
| MSFT | MICROSOFT CORP | 3.04% |
| JNJ | JOHNSON + JOHNSON | 2.33% |
| XOM | EXXON MOBIL CORP | 1.90% |
| BRK/B | BERKSHIRE HATHAWAY INC CL B | 1.88% |
| INTC | INTEL CORP | 1.81% |
| PFE | PFIZER INC | 1.77% |
| MRK | MERCK + CO. INC. | 1.69% |
| V | VISA INC CLASS A SHARES | 1.66% |
| PG | PROCTER + GAMBLE | 1.58% |
Fund Country Exposure (09/16/16):
| North America | 97.30% |
| Europe | 2.70% |
Fund Sector Exposure (09/16/16):
| Information Technology | 21.08% |
| Health Care | 14.48% |
| Consumer Discretionary | 12.21% |
| Financials | 10.96% |
| Industrials | 9.97% |
| Consumer Staples | 9.23% |
| Energy | 6.60% |
| Utilities | 3.48% |
| Materials | 3.23% |
| Telecommunication Services | 2.54% |
Useful Links:
FDLO Home Page
Category:
4.
FUND INFORMATION:
| Symbol: FDMO | Exchange: NYSE ARCA |
| Name: Fidelity Momentum Factor ETF | Net Expense Ratio: 0.29% |
FUND OBJECTIVE:
The Fidelity Momentum Factor ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index.
REFERENCE INDEX:
The Fidelity U.S. Momentum Factor Index is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.
Fund Top Holdings (09/16/16):
| GOOGL | ALPHABET INC CL A | 3.05% |
| MSFT | MICROSOFT CORP | 2.98% |
| JNJ | JOHNSON + JOHNSON | 2.43% |
| FB | FACEBOOK INC A | 2.28% |
| AMZN | AMAZON.COM INC | 2.06% |
| BRK/B | BERKSHIRE HATHAWAY INC CL B | 1.97% |
| XOM | EXXON MOBIL CORP | 1.91% |
| PFE | PFIZER INC | 1.87% |
| GE | GENERAL ELECTRIC CO | 1.78% |
| INTC | INTEL CORP | 1.74% |
Fund Country Exposure (09/16/16):
| North America | 96.83% |
| Europe | 2.04% |
| Asia | 1.13% |
Fund Sector Exposure (09/16/16):
| Information Technology | 21.66% |
| Health Care | 14.45% |
| Consumer Discretionary | 11.74% |
| Industrials | 9.96% |
| Consumer Staples | 9.41% |
| Energy | 6.54% |
| Financials | 5.13% |
| Utilities | 3.52% |
| Materials | 3.17% |
| Telecommunication Services | 2.55% |
Useful Links:
FDMO Home Page
Category:
5.
FUND INFORMATION:
| Symbol: FQAL | Exchange: NYSE ARCA |
| Name: Fidelity Quality Factor ETF | Net Expense Ratio: 0.29% |
FUND OBJECTIVE:
The Fidelity Quality Factor ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index.
REFERENCE INDEX:
The Fidelity U.S. Quality Factor Index is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.
Fund Top Holdings (09/16/16):
| AAPL | APPLE INC | 3.66% |
| GOOGL | ALPHABET INC CL A | 2.83% |
| MSFT | MICROSOFT CORP | 2.76% |
| JNJ | JOHNSON + JOHNSON | 2.30% |
| FB | FACEBOOK INC A | 2.07% |
| XOM | EXXON MOBIL CORP | 1.87% |
| PFE | PFIZER INC | 1.75% |
| MRK | MERCK + CO. INC. | 1.68% |
| PG | PROCTER + GAMBLE | 1.60% |
| AMGN | AMGEN INC | 1.42% |
Fund Country Exposure (09/16/16):
| North America | 97.50% |
| Europe | 1.19% |
| Middle East | 0.68% |
| Asia | 0.62% |
Fund Sector Exposure (09/16/16):
| Information Technology | 21.06% |
| Health Care | 14.54% |
| Consumer Discretionary | 12.37% |
| Financials | 10.16% |
| Industrials | 9.93% |
| Consumer Staples | 9.09% |
| Energy | 6.43% |
| Utilities | 3.49% |
| Materials | 3.18% |
| Telecommunication Services | 2.49% |
Useful Links:
FQAL Home Page
Category:
6.
FUND INFORMATION:
| Symbol: FVAL | Exchange: NYSE ARCA |
| Name: Fidelity Value Factor ETF | Net Expense Ratio: 0.29% |
FUND OBJECTIVE:
The Fidelity Value Factor ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Value Factor Index.
REFERENCE INDEX:
The Fidelity U.S. Value Factor Index is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that have attractive valuations.
Fund Top Holdings (09/16/16):
| AAPL | APPLE INC | 3.67% |
| GOOGL | ALPHABET INC CL A | 2.83% |
| MSFT | MICROSOFT CORP | 2.78% |
| JNJ | JOHNSON + JOHNSON | 2.36% |
| XOM | EXXON MOBIL CORP | 1.85% |
| PFE | PFIZER INC | 1.80% |
| BRK | BERKSHIRE HATHAWAY INC CL B | 1.78% |
| MRK | MERCK + CO. INC. | 1.74% |
| JPM | JPMORGAN CHASE + CO | 1.63% |
| INTC | INTEL CORP | 1.55% |
Fund Country Exposure (09/16/16):
| North America | 97.89% |
| Europe | 1.36% |
| Asia | 0.74% |
Fund Sector Exposure (09/16/16):
| Information Technology | 21.06% |
| Financials | 15.66% |
| Health Care | 14.48% |
| Consumer Discretionary | 12.41% |
| Industrials | 9.98% |
| Consumer Staples | 9.12% |
| Energy | 6.46% |
| Utilities | 3.40% |
| Materials | 3.13% |
| Telecommunication Services | 2.47% |
Useful Links:
FVAL Home Page
Category: