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

Solid Recent Performance

The ETF has shown positive returns so far this year and in recent months, indicating supportive momentum in its theme.

Strong Semiconductor and Mobility Leaders

Several top holdings in chips and transportation technology have delivered strong gains, helping drive the fund’s overall results.

Global Exposure Within the EV Theme

Holdings spread across the U.S., Asia, and Europe give investors access to electric vehicle and future transportation companies in multiple major markets.

Negative Factors

High Sector Concentration

Nearly all assets are in consumer cyclical and technology stocks, which can make the fund more sensitive to swings in these areas of the market.

Weakness in Some Key EV Names

A few of the larger electric vehicle holdings have shown weak performance this year, which can drag on the ETF’s returns.

Niche Theme and Smaller Asset Base

The focused electric vehicle and transportation theme and relatively modest asset size may lead to higher volatility and less stability than broader, larger ETFs.

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

AUM26.82M

RegionGlobal

Expense Ratio0.39%

Beta1.31

IssuerFidelity

Inception DateOct 05, 2021

Dividend Yield1.09%

Asset ClassEquity

Index TrackedFidelity Electric Vehicles and Future Transportation Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume14,028

30 Day Avg. Volume12,547

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

21.14

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) tracks the Fidelity Electric Vehicles and Future Transportation Index, focusing on companies tied to electric cars and new ways of getting around. It holds businesses that make EVs, batteries, chips, and charging systems, including well-known names like Tesla and Uber. Someone might invest in this ETF to bet on the long-term growth of electric vehicles and to get a mix of related companies in one fund. A key risk is that it’s heavily focused on the EV and tech sectors, so its price can swing a lot with changes in those industries.

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

FDRV is leaning hard into the global EV and chip story, with semiconductor names like Infineon, Renesas, and NXP quietly powering the fund as their shares keep rising or holding steady. On the flip side, big EV makers are more of a roller coaster: Tesla is losing steam and Rivian is clearly dragging on recent returns, while BYD and XPeng are showing more mixed but slightly improving trends. With a heavy tilt toward consumer and tech names across the U.S., Europe, and Asia, this ETF is a focused bet on the future of electric and smart transportation.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
6723	Renesas Electronics	5.38%	$1.44M	¥4.60T	22.49%	64 Neutral
IFX	Infineon Technologies AG	5.34%	$1.43M	€56.51B	55.83%	67 Neutral
NXPI	NXP Semiconductors	4.66%	$1.25M	$60.41B	10.46%	70 Neutral
1211	BYD Co	4.57%	$1.22M	HK$944.35B	8.01%	66 Neutral
3750	Contemporary Amperex Technology Co., Limited Class H	4.32%	$1.16M	HK$1.76T	―	68 Neutral
TSLA	Tesla	4.16%	$1.11M	$1.43T	4.07%	73 Outperform
APTV	Aptiv	3.91%	$1.05M	$16.81B	25.30%	70 Outperform
UBER	Uber Technologies	3.85%	$1.03M	$165.77B	22.69%	74 Outperform
9868	XPeng, Inc. Class A	3.50%	$937.75K	HK$142.71B	23.56%	53 Neutral
2015	Li Auto, Inc. Class A	3.07%	$823.65K	HK$138.28B	-34.72%	59 Neutral

FDRV Technical Analysis

Technical Analysis Sentiment

Neutral

Last Price―

Price Trends

50DMA

16.69

Positive

100DMA

16.95

Negative

200DMA

15.76

Positive

Market Momentum

MACD

0.06

Positive

RSI

43.18

Neutral

STOCH

32.69

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDRV, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 17.17, equal to the 50-day MA of 16.69, and equal to the 200-day MA of 15.76, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 43.18 is Neutral, neither overbought nor oversold. The STOCH value of 32.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FDRV.

FDRV Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
FDRV	―	―	$26.82M	0.39%	―
VEGI	―	―	$99.67M	0.39%	―
LITP	―	―	$68.42M	0.65%	―
DRNZ	―	―	$60.29M	0.65%	―
CARZ	―	―	$51.87M	0.70%	―
MOTO	―	―	$8.71M	0.68%	―

Performance Comparison

FDRV

Fidelity Electric Vehicles and Future Transportation ETF

16.70

3.37

25.28%

VEGI

iShares MSCI Global Agriculture Producers ETF

―

LITP

Sprott Lithium Miners ETF

―

DRNZ

REX Drone ETF

―

CARZ

First Trust NASDAQ Global Auto Index Fund

―

MOTO

SmartETFs Smart Transportation & Technology 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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