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FDRV - ETF AI Analysis
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Fidelity Electric Vehicles and Future Transportation ETF (FDRV)
Rating:57Neutral
Price Target:―
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)
AUM29.56M
RegionGlobal
Expense Ratio0.39%
Beta1.32
IssuerFidelity
Inception DateOct 05, 2021
Dividend Yield0.72%
Asset ClassEquity
Index TrackedFidelity Electric Vehicles and Future Transportation Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume7,229
30 Day Avg. Volume8,516
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
20.06Price 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 heavily concentrated in the electric vehicle and technology sectors, with global exposure driving its performance. Tesla remains a steady force, buoyed by strong financials, while Rivian is rising on positive technical momentum despite ongoing financial challenges. XPeng has shown impressive revenue growth but faces profitability hurdles, which weigh on its outlook. On the flip side, Infineon Technologies and BYD are lagging, with bearish technical indicators and valuation concerns holding them back. Overall, the fund’s thematic focus on EVs and innovation keeps it positioned for long-term growth, albeit with mixed short-term results.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Tesla | 5.65% | $1.67M | $1.53T | 5.21% | 73 Outperform | |
| Infineon Technologies AG | 5.06% | $1.50M | €47.23B | 24.04% | 67 Neutral | |
| Renesas Electronics | 4.65% | $1.37M | ¥3.90T | 2.44% | 64 Neutral | |
| Contemporary Amperex Technology Co., Limited Class H | 4.62% | $1.36M | HK$1.98T | ― | 61 Neutral | |
| NXP Semiconductors | 4.40% | $1.30M | $57.42B | 5.22% | 70 Neutral | |
| BYD Co | 4.00% | $1.18M | HK$927.75B | 7.78% | 66 Neutral | |
| Uber Technologies | 3.98% | $1.18M | $176.84B | 42.02% | 74 Outperform | |
| Aptiv | 3.72% | $1.10M | $17.02B | 35.90% | 70 Outperform | |
| Rivian Automotive | 3.68% | $1.09M | $22.58B | 28.18% | 58 Neutral | |
| XPeng, Inc. Class A | 3.19% | $942.04K | HK$143.81B | 57.84% | 53 Neutral |
FDRV Technical Analysis
Positive
―
Price Trends
16.99
Negative
16.63
Positive
15.22
Positive
Market Momentum
<0.01
Negative
50.77
Neutral
65.84
Neutral
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 16.36, equal to the 50-day MA of 16.99, and equal to the 200-day MA of 15.22, indicating a neutral trend. The MACD of <0.01 indicates Negative momentum. The RSI at 50.77 is Neutral, neither overbought nor oversold. The STOCH value of 65.84 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FDRV.
FDRV Peer Comparison
Comparison Results
Performance Comparison
FDRV
Fidelity Electric Vehicles and Future Transportation ETF
16.74
2.84
20.43%
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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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