FCLD
Fidelity Cloud Computing ETF·CBOE
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Key Stats
Assets Under Management
79.37MUSD
Fund Flow (1Y)
-11.71MUSD
Dividend Yield
0.03%
Discount / Premium to NAV
-0.18%
Shares Outstanding
2.90M
Expense Ratio
0.39%
About Fidelity Cloud Computing ETF
Issuer
Fidelity Management & Research Company LLC
Brand
Fidelity
Home Page
Inception Date
Oct 5, 2021
Structure
Open-Ended Fund
Index Tracked
Fidelity Cloud Computing 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
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
FCLD provides pure vanilla exposure to the global cloud computing industry. The fund includes developed and emerging markets firms of any size that generate at least 50% of their revenue from one or more of the following business activities: cloud infrastructure, cloud platforms, and cloud software. Eligible companies are then assigned with 'thematic relevancy scores' based on a proprietary natural language processing algorithm—which identifies cloud computing firms using keywords from publicly available company documents. The highest scored companies are selected for inclusion and are weighted by market-cap. The index rebalances quarterly.
Classification
Asset Class
Equity
Category
Sector
Focus
Information Technology
Niche
Software & Services
Strategy
Vanilla
Geography
Global
Weighting Scheme
Market Cap
Selection Criteria
Market cap
Analysis
Sector
Technology
86.19%
Real Estate
8.14%
Communication Services
3.64%
Consumer Cyclical
2.03%
Technology
86.19%
Real Estate
8.14%
Communication Services
3.64%
Consumer Cyclical
2.03%
Asset
Holdings
Symbol
Ratio
SanDisk Corp Ordinary Shares
4.70%
Salesforce Inc
4.51%
Equinix Inc
4.51%
Western Digital Corp
4.48%
Seagate Technology Holdings PLC
4.39%
Symbol
Ratio
Microsoft Corp
4.38%
ServiceNow Inc
4.22%
AppLovin Corp Ordinary Shares - Class A
3.80%
Net Other Assets
3.75%
Fidelity Securities Lending Cash Central Fund
3.74%
Top 10 Weight 42.48%
56 Total Holding
See all holdings
Related Funds
Seasonals
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