FDRV - ETF AI Analysis

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Fidelity Electric Vehicles and Future Transportation ETF (FDRV)

Rating:60Neutral

Price Target:―

The Fidelity Electric Vehicles and Future Transportation ETF (FDRV) has a balanced overall rating, reflecting both strengths and challenges among its holdings. Tesla and Uber stand out as key contributors, with Tesla benefiting from strong financial performance and growth potential, while Uber's solid earnings and reasonable valuation add further support. However, weaker holdings like XPeng and Rivian, which face profitability and valuation challenges, weigh on the fund's overall score. A notable risk is the ETF's concentration in the electric vehicle and transportation sector, which could expose it to industry-specific volatility.

Positive Factors

Strong Year-to-Date Performance

The ETF has delivered solid gains so far this year, indicating strong momentum in its focus area.

Sector Diversification

The fund is spread across Consumer Cyclical, Technology, and Industrials, reducing reliance on a single sector.

Reasonable Expense Ratio

The ETF's expense ratio is relatively low, making it cost-effective for investors.

Negative Factors

High Geographic Concentration in the USA

Over half of the fund's exposure is in U.S. companies, limiting diversification across global markets.

Mixed Performance Among Top Holdings

While some holdings like Contemporary Amperex and XPeng have performed well, others like Renesas Electronics and Li Auto have lagged.

Small Asset Base

The ETF has relatively low assets under management, which could lead to less liquidity and higher trading costs.

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

AUM30.19M

RegionGlobal

Expense Ratio0.39%

Beta1.27

IssuerFidelity

Inception DateOct 05, 2021

Dividend Yield1.08%

Asset ClassEquity

Index TrackedFidelity Electric Vehicles and Future Transportation Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume18,749

30 Day Avg. Volume11,497

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

20.40

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering46

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

FDRV Summary

The Fidelity Electric Vehicles and Future Transportation ETF (FDRV) is an investment fund focused on the electric vehicle (EV) industry and future transportation technologies. It includes companies like Tesla and Uber, as well as firms specializing in EV batteries, charging infrastructure, and autonomous driving. This ETF is ideal for investors who want to tap into the growth potential of the global shift toward cleaner and smarter transportation solutions. However, new investors should be aware that the ETF’s performance can be volatile, as it is heavily tied to the EV and technology sectors, which can experience sharp ups and downs.

How much will it cost me?The Fidelity Electric Vehicles and Future Transportation ETF (FDRV) has an expense ratio of 0.4%, which means you’ll pay $4 per year for every $1,000 you invest. This is slightly higher than the average for passively managed ETFs because it focuses on a specialized sector, requiring more research and management to track the electric vehicle and future transportation industry.

What would affect this ETF?The Fidelity Electric Vehicles and Future Transportation ETF (FDRV) could benefit from the global push toward sustainability, government incentives for electric vehicles (EVs), and advancements in EV technology, which support the growth of its top holdings like Tesla and BYD. However, potential risks include rising interest rates, which can increase borrowing costs for companies in the EV sector, and supply chain disruptions, particularly in critical components like semiconductors and batteries, which could impact key holdings such as Infineon Technologies and NXP Semiconductors.

FDRV Top 10 Holdings

The Fidelity Electric Vehicles and Future Transportation ETF (FDRV) is riding the wave of the EV revolution, with Tesla leading the charge thanks to its steady performance and market dominance. Rivian is also accelerating, showing strong momentum despite financial hurdles. However, BYD and Uber are hitting speed bumps, with bearish technical signals and profitability concerns holding them back. The fund leans heavily into consumer cyclical and technology sectors, with a global mix of companies driving innovation in EVs and autonomous tech. Overall, it’s a high-voltage bet on the future of transportation.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
IFX	Infineon Technologies AG	5.08%	$1.53M	€54.83B	41.41%	67 Neutral
6723	Renesas Electronics	4.78%	$1.44M	¥4.18T	13.64%	64 Neutral
NXPI	NXP Semiconductors	4.65%	$1.40M	$60.24B	15.06%	70 Neutral
3750	Contemporary Amperex Technology Co., Limited Class H	4.61%	$1.39M	HK$1.90T	―	68 Neutral
1211	BYD Co	4.25%	$1.28M	HK$915.59B	14.49%	66 Neutral
TSLA	Tesla	4.17%	$1.26M	$1.43T	10.34%	73 Outperform
UBER	Uber Technologies	4.17%	$1.26M	$179.09B	32.77%	74 Outperform
APTV	Aptiv	4.13%	$1.25M	$17.75B	42.19%	70 Outperform
RIVN	Rivian Automotive	4.00%	$1.21M	$24.59B	39.97%	61 Neutral
9868	XPeng, Inc. Class A	3.67%	$1.11M	HK$148.91B	69.53%	53 Neutral

FDRV Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

16.68

Positive

100DMA

16.78

Positive

200DMA

15.40

Positive

Market Momentum

MACD

0.14

Negative

RSI

61.13

Neutral

STOCH

89.24

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDRV, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 16.69, equal to the 50-day MA of 16.68, and equal to the 200-day MA of 15.40, indicating a bullish trend. The MACD of 0.14 indicates Negative momentum. The RSI at 61.13 is Neutral, neither overbought nor oversold. The STOCH value of 89.24 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FDRV.

FDRV Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
FDRV	―	―	$30.19M	0.39%	―
CARZ	―	―	$49.77M	0.70%	―
LITP	―	―	$48.31M	0.65%	―
DRNZ	―	―	$26.58M	0.65%	―
MOTO	―	―	$8.36M	0.68%	―
POW	―	―	$4.66M	0.75%	―

Performance Comparison

FDRV

Fidelity Electric Vehicles and Future Transportation ETF

17.24

4.11

31.30%

CARZ

First Trust NASDAQ Global Auto Index Fund

―

LITP

Sprott Lithium Miners ETF

―

DRNZ

REX Drone ETF

―

MOTO

SmartETFs Smart Transportation & Technology ETF

―

POW

VistaShares Electrification Supercycle 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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