FDRVFidelity Electric Vehicles and Future Transportation ETF

Grow my money4y track recordRanked #1,630 of 2,960 in this goal

Seeks to provide investment returns that correspond to the performance of the Fidelity Electric Vehicles and Future Transportation Index.

By Fidelity Investments · Launched 2021

Annual Cost

0.39%

#1,958 of 5,562 · average

Fund Size

$30M

#4,056 of 5,562 · small

Return (1Y)Goal

+41.5%

Track Record

4 years

#2,513 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$14,216+42.2%

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

Sector

Industrials

Focus

EV & Battery

Index tracked

Fidelity Electric Vehicles and Future Transportation Index

What it actually holds

By weight

Concentration

Top 10 holdings = 48.3% of fundmoderately concentrated

Fidelity Revere Street Trust

8.4%

CONTEMPORARY AMPEREX TECHNOLOGY CO LTD

4.8%

INFINEON TECHNOLOGIES AG

4.8%

RENESAS ELECTRONICS CORP

4.6%

TESLA INC

4.6%

BYD CO LTD

4.5%

NXP SEMICONDUCTORS NV

4.4%

UBER TECHNOLOGIES INC

4.1%

RIVIAN AUTOMOTIVE INC

4.1%

APTIV PLC

4.0%

Asset allocation

Stocks

99.9%

Cash

9.2%

By sector

Technology

44.2%

Consumer Cyclical

40.4%

Industrials

12.0%

Basic Materials

3.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

26.7%High

Year-on-year price swings

Max drawdown

-63.9%Severe

Worst peak-to-trough loss

Sharpe (3Y)

0.07Below average

Sortino (3Y)

0.10Moderate downside risk

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to provide investment returns that correspond to the performance of the Fidelity Electric Vehicles and Future Transportation Index.
Strategy: Invests primarily in securities included in the Fidelity Electric Vehicles and Future Transportation Index, which reflects companies engaged in electric and autonomous vehicle production and related technologies. Stocks are selected based on revenues and thematic quality screens.
Inception date: October 5, 2021
Fund family: Fidelity Investments