Fidelity MSCI is selling for 73.31 as of the 30th of November 2024. This is a 0.08 percent increase since the beginning of the trading day. The etf's lowest day price was 73.24. Fidelity MSCI has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Fidelity MSCI Financials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
The fund invests at least 80 percent of assets in securities included in the funds underlying index. Fidelity Financials is traded on NYSEARCA Exchange in the United States. More on Fidelity MSCI Financials
Diane Hsiung, Jennifer Hsui, Alan Mason, Greg Savage
Transfer Agent
State Street Bank and Trust Company
Fiscal Year End
30-Apr
Exchange
NYSE Arca, Inc.
Number of Constituents
435
Market Maker
Latour Trading
Total Expense
0.084
Management Fee
0.084
Country Name
USA
Returns Y T D
38.57
Name
Fidelity MSCI Financials Index ETF
Currency Code
USD
Open Figi
BBG005FHWXV2
In Threey Volatility
20.49
1y Volatility
14.37
200 Day M A
61.0658
50 Day M A
67.1476
Code
FNCL
Updated At
30th of November 2024
Currency Name
US Dollar
Fidelity MSCI Financials [FNCL] is traded in USA and was established 2013-10-21. The fund is listed under Financial category and is part of Fidelity Investments family. The entity is thematically classified as Sector ETFs. Fidelity MSCI Financials currently have 1.39 B in assets under management (AUM). , while the total return for the last 3 years was 11.6%.
Check Fidelity MSCI Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity MSCI Financials Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity MSCI. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether Fidelity MSCI Financials is a strong investment it is important to analyze Fidelity MSCI's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fidelity MSCI's future performance. For an informed investment choice regarding Fidelity Etf, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity MSCI Financials. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
The market value of Fidelity MSCI Financials is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity MSCI's value that differs from its market value or its book value, called intrinsic value, which is Fidelity MSCI's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity MSCI's market value can be influenced by many factors that don't directly affect Fidelity MSCI's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity MSCI's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity MSCI is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity MSCI's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.