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Fidelity Cloud Computing ETF FCLD

Morningstar Medalist Rating
Medalist Rating as of | See Fidelity Investment Hub

Morningstar’s Analysis FCLD

Will FCLD 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 FCLD’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FCLD 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 FCLD’s parent organization’s priorities and whether they’re in line with investors’ interests.

A sound investment process and strong management team underpin Fidelity Cloud Computing ETF's Morningstar Medalist Rating of Gold.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings FCLD

More FCLD Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 38.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Oracle Corp

5.14 3.9 Mil
Technology

Microsoft Corp

4.94 3.7 Mil
Technology

Intuit Inc

4.63 3.5 Mil
Technology

Salesforce Inc

4.48 3.4 Mil
Technology

ServiceNow Inc

4.45 3.4 Mil
Technology

Equinix Inc

3.27 2.5 Mil
Real Estate

Workday Inc Class A

2.99 2.3 Mil
Technology

Digital Realty Trust Inc

2.94 2.2 Mil
Real Estate

HubSpot Inc

2.85 2.2 Mil
Technology

Datadog Inc Class A

2.77 2.1 Mil
Technology