FDRV - ETF AI Analysis
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Fidelity Electric Vehicles and Future Transportation ETF (FDRV)
Rating:59Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains so far this year and over the past few months, indicating positive momentum in its theme.
Leading EV and Chip Makers in Top Holdings
Several of the largest positions, including major battery and semiconductor companies, have delivered strong results, helping drive the fund’s returns.
Global Diversification Within the EV Theme
Holdings spread across the U.S., Hong Kong, Japan, and Europe reduce reliance on any single country’s electric vehicle market.
Negative Factors
High Concentration in a Narrow Theme
The fund focuses heavily on electric vehicles and related technology, which can make it more volatile and sensitive to shifts in this single industry.
Mixed Performance Among Top Holdings
Several major positions, including well-known EV and mobility names, have shown weak or negative performance, which can drag on overall returns.
Above-Average Expense Ratio for a Thematic ETF
The fund’s fee is on the higher side compared with many broad market ETFs, meaning more of the return is used to cover costs.
FDRV vs. SPDR S&P 500 ETF (SPY)
AUM26.59M
RegionGlobal
Expense Ratio0.39%
Beta1.34
IssuerFidelity
Inception DateOct 05, 2021
Dividend Yield1.25%
Asset ClassEquity
Index TrackedFidelity Electric Vehicles and Future Transportation Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume11,093
30 Day Avg. Volume10,965
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
24.18Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering50
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 well-known names like Tesla and Uber, plus battery makers and chip companies that power EVs and self-driving features. Someone might invest in this ETF to bet on the long-term growth of cleaner, smarter transportation while spreading money across many related companies instead of picking just one stock. A key risk is that it is heavily tied to the electric vehicle and tech sectors, which can be very volatile and go up and down sharply.
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 riding the global EV and chip wave, with Europe’s Infineon and NXP Semiconductors providing much of the recent spark as their shares trend higher on strong demand for auto chips. China’s CATL is also pulling its weight, reflecting steady enthusiasm for EV batteries. On the flip side, Tesla feels a bit out of gear, while BYD and NIO have been lagging and acting as a drag. Uber and Rivian show mixed signals, underscoring that this is a concentrated, high-octane bet on future transportation rather than a smooth, diversified cruise.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Uber Technologies | 5.32% | $1.41M | $151.16B | -21.83% | 74 Outperform | |
| Tesla | 4.88% | $1.30M | $1.48T | 27.48% | 73 Outperform | |
| BYD Co | 4.73% | $1.26M | HK$823.26B | -31.00% | 66 Neutral | |
| NXP Semiconductors | 4.47% | $1.19M | $70.29B | 28.41% | 70 Neutral | |
| Contemporary Amperex Technology Co., Limited Class H | 4.31% | $1.15M | HK$1.98T | 60.52% | 68 Neutral | |
| Infineon Technologies AG | 4.20% | $1.12M | €91.58B | 82.75% | 67 Neutral | |
| Rivian Automotive | 4.01% | $1.07M | $25.05B | 38.56% | 61 Neutral | |
| Aptiv | 3.49% | $927.30K | $12.53B | -16.22% | 70 Outperform | |
| Autoliv | 3.12% | $828.78K | $9.12B | 5.05% | 78 Outperform | |
| Lyft | 3.00% | $798.25K | $5.95B | 4.90% | 69 Neutral |
FDRV Technical Analysis
Negative
―
Price Trends
19.55
Negative
18.35
Positive
17.61
Positive
Market Momentum
-0.28
Positive
43.97
Neutral
22.41
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDRV, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 18.98, equal to the 50-day MA of 19.55, and equal to the 200-day MA of 17.61, indicating a neutral trend. The MACD of -0.28 indicates Positive momentum. The RSI at 43.97 is Neutral, neither overbought nor oversold. The STOCH value of 22.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FDRV.
FDRV Peer Comparison
Comparison Results
Performance Comparison
FDRV
Fidelity Electric Vehicles and Future Transportation ETF
18.54
3.13
20.31%
IBAT
iShares Energy Storage & Materials ETF
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―
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POW
VistaShares Electrification Supercycle ETF
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CARZ
First Trust NASDAQ Global Auto Index Fund
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―
―
LITP
Sprott Lithium Miners ETF
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―
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MOTO
SmartETFs Smart Transportation & Technology 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.
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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