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Morningstar

Fidelity Select Defense & Aerospace FSDAX

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub
  • NAV / 1-Day Return 17.55  /  +0.63 %
  • 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 Blend
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 0.57%
  • Turnover 16%

USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 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.

Weakness in Fidelity Select Defense& Aerospace's Process and People Pillar ratings limits this strategy to a Morningstar Medalist Rating of 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-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FSDAX

More FSDAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 72.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Boeing Co

16.00 258.2 Mil
Industrials

RTX Corp

11.72 189.1 Mil
Industrials

Lockheed Martin Corp

11.11 179.3 Mil
Industrials

Spirit AeroSystems Holdings Inc Class A

5.93 95.6 Mil
Industrials

General Dynamics Corp

5.22 84.3 Mil
Industrials

TransDigm Group Inc

4.92 79.4 Mil
Industrials

Howmet Aerospace Inc

4.84 78.1 Mil
Industrials

Heico Corp Class A

4.78 77.2 Mil
Industrials

Northrop Grumman Corp

4.64 74.9 Mil
Industrials

Axon Enterprise Inc

3.31 53.4 Mil
Industrials