Key stats
About FIDELITY SUSTAINABLE WORLD ETF
Expense ratio
0.75%
Home page
Inception date
May 31, 2019
The fund invests in stocks from around the world of any size with favorable environmental, social and governance qualities. The sub-advisor, Geode, evaluates companies based on a quantitative multi-factor model that seeks to analyze relationships between various factors to determine relative weightings, adapt to the long-term market, and risk environment. Companies meeting the ESG criteria are ranked based on fundamental characteristics, such as valuation, momentum, quality profile, growth potential, and information flow asymmetries. Companies perceived to be profitable with high-quality earnings and positive price momentum are selected. Other factors taken into consideration include financial and industry position, economic and market conditions, and strategy and earnings outlook. As an actively managed ETF, the fund can analyze market and financial data to make buy, sell, and hold decisions at their discretion.
Classification
What's in the fund
Exposure type
Finance
Electronic Technology
Technology Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.