Fidelity Elctrc Vhcls & Ftr Trnsptn ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
Fidelity Electric Vehicles and Future Transportation ETF FDRV
Morningstar’s Analysis FDRV
Will FDRV outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the FDRV 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 FDRV’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 42.3
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Fidelity Securities Lending Cash Central Fund | 11.01 | 3M | Cash and Equivalents |
Infineon Technologies AG | 6.83 | 2M | Technology |
Renesas Electronics Corp | 6.01 | 2M | Technology |
NXP Semiconductors NV | 5.42 | 2M | Technology |
Contemporary Amperex Technology Co Ltd Ordinary Shares - Class H | 4.83 | 1M | Industrials |
Tesla Inc | 3.71 | 1M | Consumer Cyclical |
Uber Technologies Inc | 3.48 | 973,422 | Technology |
BYD Co Ltd Class H | 3.45 | 965,815 | Consumer Cyclical |
Aptiv PLC | 2.94 | 823,811 | Consumer Cyclical |
Rivian Automotive Inc Class A | 2.87 | 803,744 | Consumer Cyclical |