FDRV

📎 Investment Objective

The Fidelity Electric Vehicles and Future Transportation ETF (FDRV) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Electric Vehicles and Future Transportation Index.

✨ Key Features

• Provides exposure to companies at the forefront of the electric vehicle and future transportation revolution
• Diversified portfolio across various sub-sectors of the electric vehicles and transportation technology industries
• Passively managed to track the performance of the underlying Fidelity Electric Vehicles and Future Transportation Index

⚠️ Primary Risks

• Concentration risk as the fund is focused on a specific industry sector
• Volatility risk as the electric vehicles and transportation technology industries can be subject to rapid changes and market fluctuations
• Regulatory risk as the industry is heavily influenced by government policies and incentives
• Technological risk as the fund is exposed to the rapid pace of innovation and potential disruption in the sector

👤 Best For

This ETF may be suitable for investors with a long-term investment horizon who are seeking exposure to the growth potential of the electric vehicles and future transportation industries. Investors should be comfortable with the higher level of volatility and risk associated with a sector-focused fund.