Key stats
About Fidelity Cloud Computing ETF
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Inception date
Oct 5, 2021
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
FCLD provides pure vanilla exposure to the global cloud computing industry. The fund includes developed and emerging markets firms of any size that generate at least 50% of their revenue from one or more of the following business activities: cloud infrastructure, cloud platforms, and cloud software. Eligible companies are then assigned with thematic relevancy scores based on a proprietary natural language processing algorithmwhich identifies cloud computing firms using keywords from publicly available company documents. The highest scored companies are selected for inclusion and are weighted by market-cap. The index rebalances quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks99.77%
Technology Services76.49%
Electronic Technology10.19%
Finance6.33%
Retail Trade1.98%
Bonds, Cash & Other0.23%
Mutual fund5.25%
Futures0.00%
Cash−5.02%
Stock breakdown by region
North America94.86%
Asia3.49%
Middle East1.65%
Latin America0.00%
Europe0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history