Symbols

FCLD

Fidelity Cloud Computing ETF·CBOE

--(--)

Key Stats

Assets Under Management

88.41MUSD

Fund Flows (1Y)

-3.34MUSD

Dividend Yield

0.03%

Discount/Premium to NAV

-0.13%

Shares Outstanding

3.00M

Expense Ratio

0.39%

About Fidelity Cloud Computing ETF

Issuer

Fidelity Management & Research Company LLC

Brand

Fidelity

Home Page

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

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.