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Trending ETFs

Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$25.22

$13.2 M

0.51%

$0.13

0.59%

Vitals

YTD Return

12.0%

1 yr return

27.8%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$13.2 M

Holdings in Top 10

34.6%

52 WEEK LOW AND HIGH

$25.2
$19.16
$25.29

Expenses

OPERATING FEES

Expense Ratio 0.59%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$25.22

$13.2 M

0.51%

$0.13

0.59%

FSST - Profile

Distributions

  • YTD Total Return 12.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Fidelity Sustainable U.S. Equity ETF
  • Fund Family Name
    Fidelity Group of Funds
  • Inception Date
    Jun 17, 2021
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Robertson

Fund Description

The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and is not required to publicly disclose its complete portfolio holdings each business day. Instead, the fund publishes each business day on its website a "Tracking Basket," which is designed to closely track the daily performance of the fund but is not the fund's actual portfolio. The Tracking Basket is comprised of: (1) select recently disclosed portfolio holdings and/or select securities from the universe from which the fund's investments are selected (Strategy Components); (2) liquid ETFs that convey information about the types of instruments (that are not otherwise fully represented by the Strategy Components) in which the fund invests (Representative ETFs); and (3) cash and cash equivalents. For additional information regarding the Tracking Basket, see "Additional Information about each Fund - Tracking Basket Structure" in the prospectus.The fund also publishes each business day on its website the "Tracking Basket Weight Overlap," which is the percentage weight overlap between the holdings of the prior business day's Tracking Basket compared to the holdings of the fund that formed the basis for the fund's calculation of net asset value per share (NAV) at the end of the prior business day. The Tracking Basket Weight Overlap is designed to provide investors with an understanding of how similar the Tracking Basket is to the fund's actual portfolio in percentage terms.Normally investing primarily in equity securities.Normally investing at least 80% of assets in equity securities of U.S. companies that Fidelity Management & Research Company LLC (FMR) (the Adviser) believes have proven or improving sustainability practices based on an evaluation of such companies' individual environmental, social, and governance (ESG) profile. An issuer is deemed to be located in the U.S. if the principal trading market for the security is in the United States or the issuer is organized under the laws of the United States.Using the Adviser's proprietary ESG ratings process to evaluate the current state of an issuer's sustainability practices using a data-driven framework that includes both proprietary and third-party data, and also provide a qualitative forward-looking assessment of an issuer's sustainability outlook provided by the Adviser's fundamental research analysts and ESG team. The Adviser's ESG ratings of issuers are derived from multiple factors, including an issuer's environmental profile, which may include, but is not limited to, carbon and toxic emissions, water management, waste management, vulnerability to the physical impacts of climate change, and research and investment into products, services, and energies that reduce emissions and/or provide opportunities to transition to less carbon-intensive products or operations. An assessment of an issuer's social profile includes, but is not limited to, its approach to diversity and inclusion, human capital management, data privacy, product safety and human rights. With respect to governance, the independence and diversity of an issuer's board, its compensation practices and board oversight of critical ESG issues are considered as part of the assessment. These factors are weighted based on how material the Adviser believes each factor is to an issuer's financial outlook, and not all factors may be applicable to all issuers.Investing in issuers that the Adviser believes deliver tangible environmental or social impact through core business operations. An assessment of the impact characteristics of an issuer may involve corporate engagement and an analysis of issuer alignment with the United Nations Sustainable Development Goals using qualitative analysis as well as proprietary or third-party data. For example, issuers that provide access to clean water, education, or clean energy through their core business may be considered to deliver tangible impact. Investing in securities of domestic and foreign issuers.In addition to the ESG ratings process, using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.Employing sustainable investing exclusion criteria to avoid investments in issuers that are directly engaged in, and/or derive significant revenue from, certain industries. Please see "Fund Basics - Investment Details - Sustainable Investing Exclusions" for additional information.
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FSST - Performance

Return Ranking - Trailing

Period FSST Return Category Return Low Category Return High Rank in Category (%)
YTD 12.0% -51.8% 22.1% 96.28%
1 Yr 27.8% -58.9% 46.9% N/A
3 Yr N/A* -25.7% 197.6% N/A
5 Yr N/A* -29.1% 93.8% N/A
10 Yr N/A* -17.2% 37.0% N/A

* Annualized

Return Ranking - Calendar

Period FSST Return Category Return Low Category Return High Rank in Category (%)
2023 24.6% -69.4% 53.7% N/A
2022 -19.1% -94.0% 152.6% N/A
2021 N/A -13.9% 183.6% N/A
2020 N/A -18.2% 8.9% N/A
2019 N/A -80.2% 35.2% N/A

Total Return Ranking - Trailing

Period FSST Return Category Return Low Category Return High Rank in Category (%)
YTD 12.0% -97.2% 22.1% 97.71%
1 Yr 27.8% -58.9% 67.6% N/A
3 Yr N/A* -25.7% 197.6% N/A
5 Yr N/A* -28.1% 93.8% N/A
10 Yr N/A* -11.8% 37.0% N/A

* Annualized

Total Return Ranking - Calendar

Period FSST Return Category Return Low Category Return High Rank in Category (%)
2023 25.5% -69.4% 53.7% N/A
2022 -18.3% -94.0% 152.6% N/A
2021 N/A -13.9% 183.6% N/A
2020 N/A -12.8% 8.9% N/A
2019 N/A -60.0% 35.2% N/A

FSST - Holdings

Concentration Analysis

FSST Category Low Category High FSST % Rank
Net Assets 13.2 M 177 K 1.21 T 97.69%
Number of Holdings 68 2 4154 64.38%
Net Assets in Top 10 3.96 M 1.74 K 270 B 97.86%
Weighting of Top 10 34.56% 1.8% 100.0% 73.23%

Top 10 Holdings

  1. MICROSOFT CORP 7.95%
  2. NVIDIA CORP 5.07%
  3. AMAZON.COM INC 3.67%
  4. ALPHABET INC CL A 3.27%
  5. APPLE INC 2.78%
  6. TRAVELERS COMPANIES INC 2.67%
  7. SALESFORCE INC 2.33%
  8. MERCK and CO INC NEW 2.32%
  9. CIGNA GROUP (THE) 2.28%
  10. PROCTER and GAMBLE CO 2.22%

Asset Allocation

Weighting Return Low Return High FSST % Rank
Stocks
97.46% 0.00% 130.24% 69.92%
Cash
2.54% -102.29% 100.00% 27.80%
Preferred Stocks
0.00% 0.00% 2.23% 60.17%
Other
0.00% -13.91% 134.98% 60.24%
Convertible Bonds
0.00% 0.00% 5.54% 58.09%
Bonds
0.00% -0.04% 95.81% 57.95%

Stock Sector Breakdown

Weighting Return Low Return High FSST % Rank
Utilities
0.00% 0.00% 25.44% 71.78%
Technology
0.00% 0.00% 48.94% 63.87%
Real Estate
0.00% 0.00% 37.52% 27.52%
Industrials
0.00% 0.00% 29.90% 26.75%
Healthcare
0.00% 0.00% 60.70% 72.76%
Financial Services
0.00% 0.00% 55.59% 38.10%
Energy
0.00% 0.00% 41.64% 38.45%
Communication Services
0.00% 0.00% 27.94% 82.98%
Consumer Defense
0.00% 0.00% 49.14% 13.73%
Consumer Cyclical
0.00% 0.00% 50.47% 19.26%
Basic Materials
0.00% 0.00% 26.10% 77.87%

Stock Geographic Breakdown

Weighting Return Low Return High FSST % Rank
US
97.46% 0.00% 127.77% 58.30%
Non US
0.00% 0.00% 33.51% 43.98%

FSST - Expenses

Operational Fees

FSST Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.01% 2.95% 64.03%
Management Fee 0.59% 0.00% 2.00% 61.91%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

FSST Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FSST Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FSST Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 496.00% 45.13%

FSST - Distributions

Dividend Yield Analysis

FSST Category Low Category High FSST % Rank
Dividend Yield 0.51% 0.00% 19.15% 28.66%

Dividend Distribution Analysis

FSST Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Quarterly Annually

Net Income Ratio Analysis

FSST Category Low Category High FSST % Rank
Net Income Ratio N/A -54.00% 6.06% 86.71%

Capital Gain Distribution Analysis

FSST Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

FSST - Fund Manager Analysis

Managers

Michael Robertson


Start Date

Tenure

Tenure Rank

Jun 15, 2021

0.96

1.0%

Michael Robertson is a quantitative analyst in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries and individuals.

Nicole Connolly


Start Date

Tenure

Tenure Rank

Jun 15, 2021

0.96

1.0%

Nicole Connolly is head of Environmental, Social and Governance (ESG) investing and a portfolio manager in the Equity division at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 39.02 7.17 2.42