Symbols

FIDU

Fidelity MSCI Industrials Index ETF·NYSE

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Key Stats

Assets Under Management

1.85BUSD

Fund Flows (1Y)

240.03MUSD

Dividend Yield

1.14%

Discount/Premium to NAV

0.04%

Shares Outstanding

20.60M

Expense Ratio

0.08%

About Fidelity MSCI Industrials Index ETF

Issuer

Fidelity Management & Research Company LLC

Brand

Fidelity

Home Page

https://institutional.fidelity.com/prgw/digital/research/quote/dashboard/summary?symbol=FIDU

Inception Date

Oct 21, 2013

Structure

Open-Ended Fund

Index Tracked

MSCI USA IMI Industrials 25/25 Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

FMR Co., Inc.

Distributor

Fidelity Distributors Corp.

FIDU is one of the US sector funds, tracking MSCI indexes, launched by Fidelity in October 2013. It provides comprehensive plain-vanilla exposure to the broad industrials sector through a relatively liquid and efficient portfolio. Prior to December 1, 2020, the fund tracked the MSCI USA IMI Industrials Index, an uncapped version of the present index. To meet diversification requirements, FIDU now uses a 25/50 capping methodology. Notably, instead of replicating the underlying index, the fund uses a representative sampling strategy. The index is rebalanced quarterly.