Medical Equipment And Fund Quote
| FSMEX Fund | USD 61.83 0.20 0.32% |
PerformanceVery Weak
| Odds Of DistressLow
|
Medical Equipment is trading at 61.83 as of the 21st of March 2025; that is 0.32% down since the beginning of the trading day. The fund's open price was 62.03. Medical Equipment has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
The fund normally invests at least 80 percent of its assets in securities of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment, devices, and related technologies, companies enabling drug discovery, and companies providing information technology services primarily to health care providers. More on Medical Equipment And
Moving together with Medical Mutual Fund
Medical Mutual Fund Highlights
| Fund Concentration | Fidelity Investments Funds, Large Funds, Health Funds, Health, Fidelity Investments, Large Growth, Health (View all Sectors) |
| Update Date | 31st of March 2025 |
| Expense Ratio Date | 29th of April 2023 |
| Fiscal Year End | February |
Medical Equipment And [FSMEX] is traded in USA and was established 21st of March 2025. Medical Equipment is listed under Fidelity Investments category by Fama And French industry classification. The fund is listed under Health category and is part of Fidelity Investments family. This fund currently has accumulated 7.06 B in assets under management (AUM) with no minimum investment requirementsMedical Equipment And is currently producing year-to-date (YTD) return of 0.98%, while the total return for the last 3 years was 1.21%.
Check Medical Equipment Probability Of Bankruptcy
Instrument 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 Medical Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Medical Mutual Fund, 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 Medical Equipment And Mutual Fund, 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.
Top Medical Equipment And Mutual Fund Constituents
| IART | Integra LifeSciences Holdings | Stock | Health Care | |
| BAX | Baxter International | Stock | Health Care | |
| MDT | Medtronic PLC | Stock | Health Care | |
| HOLX | Hologic | Stock | Health Care | |
| UNH | UnitedHealth Group Incorporated | Stock | Health Care | |
| TMO | Thermo Fisher Scientific | Stock | Health Care | |
| SYK | Stryker | Stock | Health Care | |
| RMD | ResMed Inc | Stock | Health Care |
Medical Equipment And Risk Profiles
| Mean Deviation | 0.9073 | |||
| Standard Deviation | 1.42 | |||
| Variance | 2.01 | |||
| Risk Adjusted Performance | (0.1) |
Medical Equipment Against Markets
Other Information on Investing in Medical Mutual Fund
Medical Equipment financial ratios help investors to determine whether Medical Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Medical with respect to the benefits of owning Medical Equipment security.
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