Top Performing Fidelity Exchange-Traded Funds Worth Investing In Currently
In the ever-evolving world of investment, Fidelity has established itself as a trusted name, offering a variety of Exchange-Traded Funds (ETFs) that cater to different sectors and investment themes. Here are some standout Fidelity ETFs that specialize in technology, high dividend, and international value, while maintaining low expense ratios:
- Fidelity MSCI Information Technology Index ETF (FTEC)
- Expense Ratio: 0.084%
- Assets Under Management: $15.0 billion
- Description: This passively managed sector fund focuses on the high-growth technology sector, offering exposure to over 280 tech stocks, including Apple, Microsoft, and Nvidia. Approximately 60% of its assets are invested in the top 10 stocks, with tech giants Apple, Microsoft, and Nvidia making up a significant portion.
- Fidelity High Dividend ETF (FDVV)
- Expense Ratio: 0.16%
- Assets Under Management: $6.4 billion
- Description: This ETF focuses on large- and mid-cap companies expected to pay and grow dividends, appealing to investors seeking income. Top holdings include Nvidia, Microsoft, Apple, and JPMorgan Chase.
- Fidelity International Value Factor ETF
- Description: This ETF is part of Fidelity's international offerings focusing on value stocks with low valuation metrics. It is designed for investors interested in international equity with a value-oriented strategy.
These ETFs provide specialized investment themes—technology and high dividend—while maintaining low expense ratios, making them viable alternatives to broad index funds.
The Fidelity Wise Origin Bitcoin Fund (FBTC), one of Fidelity's newest offerings, launched in January 2024, holds 100% of its assets in bitcoin. As of August 8, the FBTC has assets under management of $23.5 billion.
The Fidelity Enhanced Large Cap Core ETF (FELC), on the other hand, has assets under management of $4.9 billion. Its large-cap stocks are selected based on multifactor statistical models that prioritize fundamental characteristics such as profit and sales growth, as well as valuation metrics.
Lastly, the Fidelity Total Bond ETF (FBND) offers exposure to the entire bond market due to its diversified portfolio. As of August 8, the FBND has assets under management of $19.9 billion and holds some 4,500 different debt securities, yielding 4.8% at present. The expenses for the FBND are 0.36%.
In summary, Fidelity's range of ETFs provides investors with a multitude of options to tailor their portfolios to their specific investment goals, whether that be technology, high dividend, international value, or the traditional bond market.
- The Fidelity Wise Origin Bitcoin Fund (FBTC) is a new addition to Fidelity's offerings, specializing in cryptocurrency, as it holds 100% of its assets in bitcoin.
- In the finance industry, Fidelity has launched the Fidelity Enhanced Large Cap Core ETF (FELC), which selects large-cap stocks based on statistical models prioritizing growth and valuation metrics.
- For individuals interested in ICOs and the crypto industry, the FBTC could be a compelling option as it focuses on bitcoin.
- The Fidelity Total Bond ETF (FBND) provides investors with a Fintech opportunity to gain exposure to the entire bond market, with a diverse portfolio containing over 4,500 debt securities.
