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FENI - ETF AI Analysis
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Fidelity Enhanced International ETF (FENI)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown steady gains over the past month, three months, and year to date, indicating positive recent momentum.
Leading International Holdings
Several top positions, including major technology, industrial, and financial companies, have delivered strong year-to-date performance that supports the fund’s returns.
Broad Global and Sector Diversification
Holdings spread across many countries and sectors help reduce the impact of weakness in any single market or industry.
Negative Factors
Financial Sector Concentration
A large portion of the portfolio is invested in financial stocks, which can increase sensitivity to banking and interest-rate risks.
Mixed Performance Among Top Holdings
At least one major defensive holding has shown weak year-to-date performance, which can drag on overall returns if the softness continues.
Moderate Expense Ratio
The fund’s expense ratio is not especially low, meaning fees may take a noticeable bite out of long-term returns compared with the cheapest ETFs.
FENI vs. SPDR S&P 500 ETF (SPY)
AUM8.22B
RegionDeveloped Markets
Expense Ratio0.28%
Beta0.72
IssuerFidelity
Inception DateNov 20, 2023
Dividend Yield2.68%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume2,178,828
30 Day Avg. Volume1,940,108
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
43.11Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering320
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FENI Summary
Fidelity Enhanced International ETF (FENI) is an international stock fund that aims to beat broad foreign markets rather than simply copy an index. It invests in many countries such as Japan, the UK, and Europe, and spreads money across sectors like financials, industrials, and technology. Well-known holdings include ASML Holding and Toyota Motor. Someone might invest in FENI to diversify beyond U.S. stocks and seek long-term growth from global companies. A key risk is that international stock prices can be volatile and may fall sharply during global or regional market downturns.
How much will it cost me?The Fidelity Enhanced International ETF (Ticker: FENI) has an expense ratio of 0.29%, meaning you’ll pay $2.90 per year for every $1,000 invested. This cost is slightly higher than average for ETFs because it uses enhanced indexing strategies, which involve more active management compared to traditional passive ETFs. These strategies aim to optimize returns by leveraging Fidelity's research and stock selection techniques.
What would affect this ETF?The Fidelity Enhanced International ETF (FENI) could benefit from growth in developed markets outside North America, particularly if sectors like financials and industrials, which have significant weight in the ETF, experience positive trends due to economic expansion or technological advancements. However, challenges such as rising interest rates or regulatory changes in key regions could negatively impact financial and industrial companies, while global economic slowdowns might affect consumer-focused sectors and overall performance.
FENI Top 10 Holdings
FENI leans heavily into developed markets outside North America, with Europe and Japan doing much of the heavy lifting. ASML is one of the fund’s main engines, with its rising share price helping drive overall returns, while Siemens Energy and Deutsche Telekom are also pulling their weight with strong recent momentum. Defensive names like Novartis and Nestlé are providing a steady backbone rather than fireworks. On the softer side, Hitachi and Siemens have been more mixed lately, occasionally tapping the brakes on performance. Sector-wise, industrials and financials clearly set the tone.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ASML Holding NV | 3.11% | $257.06M | €482.60B | 75.59% | 76 Outperform | |
| Novartis AG | 1.89% | $156.23M | CHF246.66B | 33.77% | 80 Outperform | |
| Toyota Motor | 1.46% | $121.09M | ¥47.65T | 33.62% | 80 Outperform | |
| Nestlé SA | 1.39% | $115.30M | CHF209.77B | 10.31% | 71 Outperform | |
| HSBC Holdings | 1.39% | $114.77M | £221.80B | 53.24% | 80 Outperform | |
| Siemens Energy | 1.27% | $105.06M | €141.42B | 238.79% | 72 Outperform | |
| Siemens | 1.25% | $103.66M | €186.87B | 12.25% | 74 Outperform | |
| Rolls-Royce Holdings | 1.17% | $97.08M | £110.40B | 94.88% | 71 Outperform | |
| Deutsche Telekom | 1.13% | $93.55M | €162.96B | -1.16% | 67 Neutral | |
| Advantest | 1.12% | $92.39M | ¥18.57T | 165.81% | 75 Outperform |
FENI Technical Analysis
Positive
―
Price Trends
38.26
Positive
36.74
Positive
34.85
Positive
Market Momentum
0.67
Positive
72.65
Negative
85.83
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FENI, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 39.76, equal to the 50-day MA of 38.26, and equal to the 200-day MA of 34.85, indicating a bullish trend. The MACD of 0.67 indicates Positive momentum. The RSI at 72.65 is Negative, neither overbought nor oversold. The STOCH value of 85.83 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FENI.
FENI Peer Comparison
Comparison Results
Performance Comparison
FENI
Fidelity Enhanced International ETF
40.87
11.96
41.37%
JIRE
JPMorgan International Research Enhanced Equity ETF
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IMOM
Alpha Architect International Quantitative Momentum ETF
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QUIZ
Zacks Quality International ETF
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TACN
T. Rowe Price Active Core International Equity ETF
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PQNT
Pictet AI Enhanced International 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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