FEAC

Fidelity Enhanced U.S. All-Cap Equity ETF

$28.41
+0.00%
Market closed. Last update: 10:50 PM ET

📎 Investment Objective

The Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Enhanced U.S. All-Cap Equity Index.

Overview

ETF tracking Fidelity Enhanced U.S. All-Cap Equity ETF

Category Other
Issuer Other
Inception Date 2024-11-21
Market Cap $7.1M
Average Volume N/A
Dividend Yield 0.84%
52-Week Range $21.04 - $29.19
VWAP $28.37

Performance

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Investment Summary

📎 Investment Objective

The Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Enhanced U.S. All-Cap Equity Index.

🎯 Investment Strategy

The ETF invests in a broad portfolio of U.S. equities, seeking to track the performance of the Fidelity Enhanced U.S. All-Cap Equity Index. The index is designed to provide exposure to a diversified set of U.S. stocks, with an emphasis on enhancing risk-adjusted returns.

✨ Key Features

  • Broad exposure to the U.S. equity market, covering large, mid, and small-cap stocks
  • Aims to enhance risk-adjusted returns through an index methodology focused on improving diversification and managing volatility
  • Low expense ratio of 0.00%
  • Relatively new ETF with limited performance history

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
  • Equity risk: The ETF is subject to the risks associated with investing in the U.S. equity market
  • Tracking error risk: The ETF may not perfectly track the performance of its underlying index
  • Limited performance history: With a limited track record, the long-term performance of the ETF is uncertain

👤 Best For

This ETF may be suitable for investors seeking broad exposure to the U.S. equity market with a focus on enhanced risk-adjusted returns. It may be appropriate as a core holding in a diversified portfolio, particularly for investors with a long-term investment horizon and a moderate risk tolerance.