Symbols

FCPI

Fidelity Stocks for Inflation ETF·CBOE

--(--)

Key Stats

Assets Under Management

247.60MUSD

Fund Flows (1Y)

4.03MUSD

Dividend Yield

1.68%

Discount/Premium to NAV

0.12%

Shares Outstanding

4.80M

Expense Ratio

0.16%

About Fidelity Stocks for Inflation ETF

Issuer

Fidelity Management & Research Company LLC

Brand

Fidelity

Home Page

https://institutional.fidelity.com/app/fund/etf/snapshot/FIIS_ETF_FCPI.html

Inception Date

Nov 5, 2019

Structure

Open-Ended Fund

Index Tracked

Fidelity Stocks for Inflation Factor 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.

FCPI provides exposure to large- and mid-cap US equities that tend to outperform in inflationary environments. The index starts with the top 1000 US companies by market cap, each are ranked and scored based on value, momentum and quality factors. The final selection being approximately 100 stocks, based on market cap within each sector. Each stock is equally weighted plus an overweight adjustment depending on its sector. Sectors such as energy, materials, consumer staples, health care, real assets and infrastructure receive +5% overweight in the portfolio. The index is rebalanced semi-annually, on the third Friday in February and August.