FCLD - ETF AI Analysis

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Fidelity Cloud Computing ETF (FCLD)

Rating:67Neutral

Price Target:―

FCLD, the Fidelity Cloud Computing ETF, has a solid overall rating that reflects a portfolio led by strong cloud and software leaders like Salesforce and Microsoft, whose robust financial performance, growth in AI and cloud services, and positive earnings outlooks support the fund’s quality. The rating is held back somewhat by weaker names like Snowflake and SanDisk, where profitability, leverage, and valuation concerns introduce more uncertainty. A key risk for FCLD is its concentration in high-growth, often richly valued cloud and data infrastructure companies, which can make the fund more sensitive to market volatility and shifts in sentiment toward tech stocks.

Positive Factors

Strong Holdings Performance

Several top holdings, such as Microsoft and Snowflake, have delivered strong year-to-date gains, supporting the ETF's overall performance.

Focused Sector Exposure

The ETF is heavily weighted in the technology sector, which has historically been a high-growth area.

Reasonable Expense Ratio

The ETF's expense ratio of 0.4% is competitive, making it a cost-effective choice for investors.

Negative Factors

Underperforming Key Holdings

Several top holdings, including Salesforce and ServiceNow, have lagged in year-to-date performance, which could drag on returns.

High Sector Concentration

With nearly 88% exposure to technology, the ETF is highly sensitive to downturns in this sector.

Limited Geographic Diversification

The ETF is overwhelmingly focused on U.S. companies, offering minimal exposure to international markets.

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

AUM90.56M

RegionGlobal

Expense Ratio0.39%

Beta1.36

IssuerFidelity

Inception DateOct 05, 2021

Dividend Yield0.03%

Asset ClassEquity

Index TrackedFidelity Cloud Computing Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume10,322

30 Day Avg. Volume11,086

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

37.88

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering49

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

FCLD Summary

The Fidelity Cloud Computing ETF (FCLD) is an investment fund that focuses on companies leading the way in cloud technology, which is a fast-growing part of the tech industry. It follows the Fidelity Cloud Computing Index and includes well-known companies like Microsoft and Salesforce, which are major players in software and cloud services. This ETF could be a good choice for investors looking to benefit from the growth of cloud computing and diversify their portfolios with innovative tech companies. However, new investors should know that this ETF is heavily dependent on the tech sector, which can be volatile and sensitive to market changes.

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

The Fidelity Cloud Computing ETF (FCLD) is heavily concentrated in the technology sector, with names like Microsoft and Salesforce driving its focus on cloud innovation. Microsoft’s steady performance, fueled by growth in AI and cloud services, provides a solid foundation, while Salesforce’s mixed signals reflect short-term volatility despite promising long-term initiatives. Snowflake and ServiceNow are lagging, weighed down by valuation concerns and bearish technical trends, which could hold back the fund’s momentum. With a global reach and a clear emphasis on software and services, FCLD is a bet on the transformative power of cloud computing.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
CRM	Salesforce	4.61%	$4.28M	$243.56B	-18.03%	80 Outperform
MSFT	Microsoft	4.31%	$4.01M	$3.55T	14.12%	79 Outperform
SNDK	SanDisk Corp	4.12%	$3.83M	$49.03B	―	55 Neutral
WDC	Western Digital	3.98%	$3.71M	$64.17B	198.76%	77 Outperform
NOW	ServiceNow	3.85%	$3.58M	$151.80B	-28.66%	75 Outperform
EQIX	Equinix	3.79%	$3.52M	$76.77B	-13.11%	73 Outperform
STX	Seagate Tech	3.74%	$3.48M	$60.75B	220.10%	68 Neutral
SNOW	Snowflake	3.67%	$3.41M	$76.58B	37.75%	54 Neutral
DLR	Digital Realty	2.99%	$2.78M	$52.53B	-11.77%	69 Neutral
WDAY	Workday	2.91%	$2.71M	$54.49B	-15.99%	73 Outperform

FCLD Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

30.09

Positive

100DMA

29.56

Positive

200DMA

28.00

Positive

Market Momentum

MACD

0.13

Negative

RSI

51.45

Neutral

STOCH

79.47

Neutral

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 30.06, equal to the 50-day MA of 30.09, and equal to the 200-day MA of 28.00, indicating a bullish trend. The MACD of 0.13 indicates Negative momentum. The RSI at 51.45 is Neutral, neither overbought nor oversold. The STOCH value of 79.47 is Neutral, 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
FCLD	―	―	$90.56M	0.39%	―
SPTE	―	―	$90.34M	0.55%	―
TEK	―	―	$31.97M	0.75%	―
CHPS	―	―	$20.43M	0.15%	―
WQTM	―	―	$20.09M	0.45%	―
CHPX	―	―	$13.00M	0.50%	―

Performance Comparison

FCLD

Fidelity Cloud Computing ETF

30.18

3.16

11.70%

SPTE

SP Funds S&P Global Technology ETF

―

TEK

iShares Technology Opportunities Active ETF

―

CHPS

Xtrackers Semiconductor Select Equity ETF

―

WQTM

WisdomTree Quantum Computing Fund

―

CHPX

Global X AI Semiconductor & Quantum 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.

Disclaimer

This 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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