Fidelity MSCI is trading at 50.94 as of the 21st of November 2024, a 1.29 percent increase since the beginning of the trading day. The etf's open price was 50.29. Fidelity MSCI has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Fidelity MSCI Consumer are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of December 2022 and ending today, the 21st 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 Consumer is traded on NYSEARCA Exchange in the United States. More on Fidelity MSCI Consumer
Diane Hsiung, Jennifer Hsui, Alan Mason, Greg Savage
Transfer Agent
State Street Bank and Trust Company
Fiscal Year End
30-Jun
Exchange
NYSE Arca, Inc.
Number of Constituents
122
Market Maker
Latour Trading
Total Expense
0.084
Management Fee
0.084
Country Name
USA
Returns Y T D
14.65
Name
Fidelity MSCI Consumer Staples Index ETF
Currency Code
USD
Open Figi
BBG005FHW231
In Threey Volatility
13.74
1y Volatility
8.24
200 Day M A
48.421
50 Day M A
50.4902
Code
FSTA
Updated At
21st of November 2024
Currency Name
US Dollar
In Threey Sharp Ratio
0.28
Fidelity MSCI Consumer [FSTA] is traded in USA and was established 2013-10-21. The fund is listed under Consumer Defensive category and is part of Fidelity Investments family. The entity is thematically classified as Sector ETFs. Fidelity MSCI Consumer currently have 968.67 M in assets under management (AUM). , while the total return for the last 3 years was 7.2%.
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 Consumer 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 Consumer offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fidelity MSCI's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fidelity Msci Consumer Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Fidelity Msci Consumer Etf:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity MSCI Consumer. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in estimate.
You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Fidelity MSCI Consumer 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.