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FCLD - ETF AI Analysis

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FCLD

Fidelity Cloud Computing ETF (FCLD)

Rating:67Neutral
Price Target:
FCLD, the Fidelity Cloud Computing ETF, earns a solid overall rating thanks to several high-quality cloud and data infrastructure leaders like Microsoft, Salesforce, and Western Digital, which benefit from strong financial performance, positive earnings calls, and growth in AI and cloud services. Data center and software names such as Equinix, ServiceNow, AppLovin, and Datadog further support the fund with robust growth and strategic expansion, though many of these holdings face risks from high valuations, leverage, and some bearish or mixed technical signals. The main risk for FCLD is its concentration in cloud and digital infrastructure companies, which can make the ETF more sensitive to sector-specific slowdowns or shifts in technology spending.
Positive Factors
Solid Recent Performance
The ETF has shown positive returns so far this year and over the past month, indicating recent strength in its cloud-focused strategy.
Strong Contribution from Several Top Holdings
Key positions like SanDisk, Western Digital, Seagate, Equinix, Digital Realty, and CoreWeave have delivered strong gains, helping support the fund’s overall results.
Focused Cloud and Tech Exposure
With most assets in technology and related real estate names tied to cloud infrastructure, the fund gives targeted exposure to a key long-term growth theme.
Negative Factors
High Sector Concentration
More than three-quarters of the portfolio is in technology, so the ETF is heavily exposed to swings in the tech sector.
Several Large Holdings Are Lagging
Important positions such as Microsoft, AppLovin, Salesforce, and ServiceNow have shown weak year-to-date performance, which could drag on future returns if the trend continues.
Limited Geographic Diversification
The fund is overwhelmingly invested in U.S. companies, offering little protection if the U.S. market or economy faces a downturn.

FCLD vs. SPDR S&P 500 ETF (SPY)

FCLD Summary

The Fidelity Cloud Computing ETF (FCLD) tracks the Fidelity Cloud Computing Index, focusing on companies that power cloud technology and digital services. It mainly holds U.S. tech firms that provide cloud software, data storage, and data centers. Well-known names in the fund include Microsoft and Salesforce, along with data-center owners like Equinix. Someone might invest in this ETF to seek growth from the long-term shift of businesses and consumers to cloud-based tools, while getting diversification across many cloud companies. A key risk is that it is heavily concentrated in technology stocks, so its price can swing sharply with the tech sector.
How much will it cost me?The Fidelity Cloud Computing ETF (Ticker: FCLD) has an expense ratio of 0.40%, which means you’ll pay $4 per year for every $1,000 invested. This is slightly higher than average because it is actively managed to focus on a specific sector, cloud computing, requiring more research and expertise. It’s designed for investors seeking targeted exposure to innovative technology companies.
What would affect this ETF?The Fidelity Cloud Computing ETF (FCLD) could benefit from increased demand for cloud services as businesses continue to digitize and adopt innovative technologies, especially in the Software & Services sector. However, rising interest rates or economic slowdowns could negatively impact technology companies, including top holdings like Microsoft and Salesforce, by increasing borrowing costs and reducing corporate spending on IT solutions. Additionally, regulatory changes in data privacy or global trade tensions could pose risks to the ETF's globally exposed portfolio.

FCLD Top 10 Holdings

FCLD is leaning hard into the cloud’s plumbing, with storage names like SanDisk, Western Digital, and Seagate doing much of the heavy lifting as their shares have been rising on improving fundamentals and AI-driven demand. Data-center landlords Equinix and Digital Realty are also pulling their weight, giving the fund a real-estate twist within its tech-heavy core. On the flip side, big software players like Microsoft, Salesforce, and ServiceNow have been lagging, acting as a bit of a brake. Overall, it’s a globally focused, cloud-first portfolio with notable concentration in a handful of key tech names.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
SanDisk Corp6.54%$5.56M$146.11B3216.39%
55
Neutral
Western Digital5.96%$5.08M$136.97B879.54%
77
Outperform
Seagate Tech5.86%$4.99M$127.85B625.24%
68
Neutral
Equinix4.55%$3.87M$109.35B29.02%
73
Outperform
Microsoft4.49%$3.82M$3.15T8.60%
79
Outperform
Salesforce3.84%$3.27M$145.74B-32.17%
80
Outperform
AppLovin3.82%$3.26M$151.20B61.52%
74
Outperform
Digital Realty3.59%$3.06M$68.72B22.44%
69
Neutral
ServiceNow3.25%$2.77M$92.99B-51.76%
75
Outperform
CoreWeave2.95%$2.51M$57.90B166.68%
51
Neutral

FCLD Technical Analysis

Technical Analysis Sentiment
Positive
Last Price
Price Trends
50DMA
28.55
Positive
100DMA
29.07
Positive
200DMA
29.07
Positive
Market Momentum
MACD
0.90
Negative
RSI
71.19
Negative
STOCH
90.57
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FCLD, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 29.61, equal to the 50-day MA of 28.55, and equal to the 200-day MA of 29.07, indicating a bullish trend. The MACD of 0.90 indicates Negative momentum. The RSI at 71.19 is Negative, neither overbought nor oversold. The STOCH value of 90.57 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FCLD.

FCLD Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$86.53M0.39%
67
Neutral
$65.33M0.15%
62
Neutral
$45.87M0.45%
59
Neutral
$37.29M0.50%
66
Neutral
$35.77M0.75%
64
Neutral
$5.35M0.58%
67
Neutral
Performance Comparison
Ticker
Company Name
Price
Change
% Change
FCLD
Fidelity Cloud Computing ETF
32.57
6.97
27.23%
CHPS
Xtrackers Semiconductor Select Equity ETF
WQTM
WisdomTree Quantum Computing Fund
CHPX
Global X AI Semiconductor & Quantum ETF
TEK
iShares Technology Opportunities Active ETF
DAT
ProShares Big Data Refiners ETF
Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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