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Fidelity Investments is well-known for being an investor-friendly outfit, with low-cost and even no-cost mutual funds. But the company also has a range of about 70 exchange-traded funds (ETFs) that investors may want to consider adding to their portfolio.
While most of these ETFs are small or relatively new – fewer than half have been around more than five years – investors still have solid choices when it comes to picking an attractive fund.
Here are the best Fidelity ETFs that you might want to add to your portfolio.
Top Fidelity ETFs
The list below includes the top seven Fidelity ETFs by performance over the last five years. If a Fidelity fund has not existed for at least that long, it’s excluded from consideration.
(Note: Returns below are as of July 23, 2024.)
Fidelity MSCI Information Technology Index ETF (FTEC)
This ETF is focused on information technology and tracks the performance of the MSCI USA IMI Information Technology Index. The fund is classified as “large growth,” meaning that it holds large-cap stocks that are focused on growth. Top holdings include Apple, Microsoft and NVIDIA.
- Historical performance (annual over 5 years): 23.6 percent
- Expense ratio: 0.08 percent
Fidelity Enhanced Large Cap Growth ETF (FELG)
This fund focuses its investments in the Russell 1000 Growth Index, which includes large-cap growth stocks from the Russell 1000 Index. Top stocks here include Apple, Microsoft and NVIDIA.
- Historical performance (annual over 5 years): 19.6 percent
- Expense ratio: 0.18 percent
Fidelity Nasdaq Composite Index ETF (ONEQ)
This fund tracks the performance of the Nasdaq Composite Index, which includes more than 3,000 companies listed on the Nasdaq exchange. The fund is classified as “large growth,” meaning that its holdings are mainly large-cap stocks focused on growth. Top holdings include Apple, Microsoft and Nvidia.
- Historical performance (annual over 5 years): 18.5 percent
- Expense ratio: 0.21 percent
Fidelity Enhanced Large Cap Core ETF (FELC)
This ETF invests in stocks in the Standard & Poor’s 500 Index, which includes the largest publicly traded American companies. It selects stocks based on growth, valuation, profitability and other factors to build a portfolio that may outperform the S&P 500.
- Historical performance (annual over 5 years): 15.8 percent
- Expense ratio: 0.18 percent
Fidelity Quality Factor ETF (FQAL)
This ETF aims to track the performance of the Fidelity U.S. Quality Factor Index, which is designed to reflect the performance of large and mid-cap U.S. companies with a higher quality profile than the broader market. Top holdings include Microsoft, Nvidia and Apple.
- Historical performance (annual over 5 years): 13.8 percent
- Expense ratio: 0.15 percent
Fidelity Momentum Factor ETF (FDMO)
This fund seeks to track the performance of a momentum based index that includes large and mid-cap U.S. stocks that exhibit positive momentum signals. Top holdings include Microsoft, Nvidia and Alphabet.
- Historical performance (annual over 5 years): 13.5 percent
- Expense ratio: 0.15 percent
Fidelity High Dividend ETF (FDVV)
This ETF seeks to track the Fidelity High Dividend IndexSM, which includes large- and mid-cap dividend-paying stocks that are expected to pay and grow their dividends. Top holdings include Microsoft, Apple and Nvidia.
- Historical performance (annual over 5 years): 13.5 percent
- Expense ratio: 0.15 percent
Bottom line
These Fidelity ETFs all have attractive long-term returns and charge low expense ratios, making them a good fit for many investors. But you’ll want to research them further and compare them with other funds – such as the best small-cap ETFs – to see if they work best for your needs.
Editorial Disclaimer: All investors are advised to conduct their own independent research into investment strategies before making an investment decision. In addition, investors are advised that past investment product performance is no guarantee of future price appreciation.
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