Skip to Content
Morningstar

Fidelity Select Defense & Aerospace FSDAX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 17.92  /  +1.41 %
  • Total Assets 1.6 Bil
  • Adj. Expense Ratio
    0.680%
  • Expense Ratio 0.680%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Industrials
  • Investment Style Mid Growth
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 0.57%
  • Turnover 16%

USD | NAV as of May 31, 2024 | 1-Day Return as of May 31, 2024, 10:14 PM GMT+0

Morningstar’s Analysis FSDAX

Will FSDAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FSDAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FSDAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FSDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Fidelity Select Defense& Aerospace's recent fee cut drives an upgrade to this strategy's Morningstar Medalist Rating to Neutral from Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FSDAX

More FSDAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 73.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

GE Aerospace

15.73 250.6 Mil
Industrials

Boeing Co

10.80 172.0 Mil
Industrials

RTX Corp

9.90 157.6 Mil
Industrials

Lockheed Martin Corp

7.32 116.6 Mil
Industrials

General Dynamics Corp

6.17 98.3 Mil
Industrials

Heico Corp Class A

5.15 82.1 Mil
Industrials

TransDigm Group Inc

4.99 79.5 Mil
Industrials

Northrop Grumman Corp

4.69 74.7 Mil
Industrials

Howmet Aerospace Inc

4.62 73.6 Mil
Industrials

Spirit AeroSystems Holdings Inc Class A

4.40 70.1 Mil
Industrials