Fidelity MSCI Communication Services Index ETF (NYSE:FCOM) seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Communication Services 25/50 Index. The fund invests at least 80% of assets in securities included in the fund’s underlying index. The fund’s underlying index is the MSCI USA IMI Communication Services 25/50 Index, which represents the performance of the communication services sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Communication Services 25/50 Index. The fund is non-diversified.
Fund Overview
- Performance Over One-Year: 42.06%
- Performance Over Three-Year: 23.36%
- Expense Ratio: 0.08%
- Annual Dividend Yield: 0.56%
- Three-Month Average Daily Volume: 103,148
- Assets Under Management: $855.79 million
- Inception Date: Oct. 21, 2013
- Issuer: Fidelity
The fund is focused on U.S. larg-cap communication services stocks and follows a blended strategy of investing in both growth and value stocks. FCOM has a slightly lower expense ratio. Its top three holdings include Facebook class A shares, Alphabet class A shares, and Alphabet class C shares.
Top 10 Holdings (66.23% of Total Assets)
| Name | Symbol | % Assets |
|---|---|---|
| Facebook Inc A | FB | 16.89% |
| Alphabet Inc Class C | GOOG | 11.22% |
| Alphabet Inc A | GOOGL | 11.18% |
| The Walt Disney Co | DIS | 5.72% |
| Netflix Inc | NFLX | 4.50% |
| Comcast Corp Class A | CMCSA | 4.28% |
| Verizon Communications Inc | VZ | 4.03% |
| AT&T Inc | T | 3.83% |
| Charter Communications Inc A | CHTR | 2.51% |
| T-Mobile US Inc | TMUS | 2.07% |
This is one of the best telecom ETF, FCOM, which provides investors with exposure to companies that make communication possible on a global scale.