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FCLD - ETF AI Analysis
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Fidelity Cloud Computing ETF (FCLD)
Rating:66Neutral
Price Target:
$31.00
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)
AUM84.82M
RegionGlobal
Expense Ratio0.39%
Beta1.39
IssuerFidelity
Inception DateOct 05, 2021
Dividend Yield0.05%
Asset ClassEquity
Index TrackedFidelity Cloud Computing Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume10,846
30 Day Avg. Volume11,387
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
36.59Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering52
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 a strong focus on cloud innovation. Microsoft and Salesforce, key players in the fund, have been lagging recently, weighed down by valuation concerns and bearish technical momentum. Snowflake and ServiceNow also face challenges, with mixed performance and high operational costs tempering their growth potential. On the brighter side, Seagate Technology and Datadog are rising steadily, supported by robust revenue growth and strategic positioning in AI and security. Overall, the fund’s global exposure and emphasis on cloud computing make it a forward-looking but volatile investment.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| SanDisk Corp | 5.42% | $4.59M | $29.35B | ― | 54 Neutral | |
| Snowflake | 4.56% | $3.87M | $79.29B | 36.52% | 61 Neutral | |
| Microsoft | 4.25% | $3.60M | $3.51T | 12.73% | 73 Outperform | |
| Salesforce | 4.16% | $3.53M | $216.21B | -33.03% | 71 Outperform | |
| Seagate Tech | 4.14% | $3.51M | $50.72B | 134.30% | 62 Neutral | |
| Equinix | 4.08% | $3.46M | $74.10B | -22.54% | 69 Neutral | |
| ServiceNow | 4.02% | $3.41M | $169.19B | -22.73% | 69 Neutral | |
| Datadog | 3.96% | $3.36M | $55.25B | 0.59% | 69 Neutral | |
| Digital Realty | 3.44% | $2.92M | $53.99B | -18.48% | 70 Outperform | |
| Workday | 3.29% | $2.79M | $60.11B | -15.90% | 72 Outperform |
FCLD Technical Analysis
Negative
―
Price Trends
29.94
Negative
28.98
Negative
27.57
Positive
Market Momentum
-0.29
Positive
40.71
Neutral
14.77
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FCLD, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 30.37, equal to the 50-day MA of 29.94, and equal to the 200-day MA of 27.57, indicating a neutral trend. The MACD of -0.29 indicates Positive momentum. The RSI at 40.71 is Neutral, neither overbought nor oversold. The STOCH value of 14.77 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FCLD.
FCLD Peer Comparison
Comparison Results
Performance Comparison
FCLD
Fidelity Cloud Computing ETF
28.92
-0.38
-1.30%
TTEQ
T. Rowe Price Technology ETF
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SPTE
SP Funds S&P Global Technology ETF
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KNCT
Invesco Next Gen Connectivity Etf
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TEK
iShares Technology Opportunities Active ETF
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CHPS
Xtrackers Semiconductor Select Equity ETF
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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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