FCLDFidelity Cloud Computing ETF

Grow my money4y track recordRanked #1,264 of 2,960 in this goal

Seeks to provide investment returns that correspond to the performance of the Fidelity Cloud Computing Index.

By Fidelity Investments · Launched 2021

Annual Cost

0.39%

#1,958 of 5,562 · average

Fund Size

$109M

#2,844 of 5,562 · mid-size

Return (1Y)Goal

+39.4%

Track Record

4 years

#2,513 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$14,114+41.1%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Index tracking

Focus

Cloud & Data Infrastructure

Index tracked

Fidelity Cloud Computing Index

What it actually holds

By weight

Concentration

Top 10 holdings = 37.0% of fund✓ well diversified

SALESFORCE INC

4.8%

MICROSOFT CORP

4.5%

SERVICENOW INC

4.1%

EQUINIX INC

3.9%

SNOWFLAKE INC

3.6%

WESTERN DIGITAL CORP

3.6%

SEAGATE TECHNOLOGY HOLDINGS PLC

3.5%

DIGITAL REALTY TRUST INC

3.1%

WORKDAY INC

3.1%

SANDISK CORP/DE

2.9%

Asset allocation

Stocks

99.9%

Cash

2.1%

By sector

Technology

87.9%

Real Estate

6.1%

Communication

4.1%

Consumer Cyclical

1.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

28.3%High

Year-on-year price swings

Max drawdown

-50.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.83Decent risk-adjusted returns

Sortino (3Y)

1.23Good downside protection

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to provide investment returns that correspond to the performance of the Fidelity Cloud Computing Index.
Strategy: Invests primarily in securities included in the Fidelity Cloud Computing Index, which reflects companies providing cloud computing services. Stocks are selected based on revenues and thematic quality screens, with weights adjusted by market capitalization.
Inception date: October 5, 2021
Fund family: Fidelity Investments