FENI - ETF AI Analysis

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Fidelity Enhanced International ETF (FENI)

Rating:67Neutral

Price Target:―

FENI (Fidelity Enhanced International ETF) has a solid overall rating, suggesting it offers a reasonably strong mix of quality and stability among its international holdings. The fund is helped by leaders like Novartis, Toyota, and HSBC, which bring strong financial performance, positive earnings outlooks, and generally supportive technical and valuation signals. However, exposure to large global banks such as UBS and Banco Santander, which face leverage and regional risks, along with some financial stability concerns at Rolls-Royce, highlights that the main risk is its meaningful concentration in cyclical and financially sensitive sectors across multiple regions.

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)

AUM8.17B

RegionDeveloped Markets

Expense Ratio0.28%

Beta0.72

IssuerFidelity

Inception DateNov 20, 2023

Dividend Yield2.71%

Asset ClassEquity

Index TrackedNo Underlying Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume2,281,972

30 Day Avg. Volume1,929,114

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

42.86

Price 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	ASML Holding NV	3.08%	$252.76M	€482.60B	82.23%	76 Outperform
NOVN	Novartis AG	1.86%	$153.13M	CHF246.66B	28.67%	80 Outperform
7203	Toyota Motor	1.47%	$120.47M	¥47.65T	34.88%	80 Outperform
HSBA	HSBC Holdings	1.39%	$114.06M	£221.80B	43.57%	80 Outperform
NESN	Nestlé SA	1.37%	$112.32M	CHF209.77B	7.73%	71 Outperform
ENR	Siemens Energy	1.27%	$104.28M	€141.42B	227.44%	72 Outperform
SIE	Siemens	1.26%	$103.57M	€186.87B	10.03%	74 Outperform
RR	Rolls-Royce Holdings	1.19%	$98.06M	£110.40B	125.74%	71 Outperform
DTE	Deutsche Telekom	1.13%	$92.83M	€162.96B	-4.46%	67 Neutral
6501	Hitachi,Ltd.	1.13%	$92.73M	¥21.99T	18.67%	77 Outperform

FENI Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

38.17

Positive

100DMA

36.69

Positive

200DMA

34.80

Positive

Market Momentum

MACD

0.64

Positive

RSI

67.82

Neutral

STOCH

79.06

Neutral

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 39.67, equal to the 50-day MA of 38.17, and equal to the 200-day MA of 34.80, indicating a bullish trend. The MACD of 0.64 indicates Positive momentum. The RSI at 67.82 is Neutral, neither overbought nor oversold. The STOCH value of 79.06 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FENI.

FENI Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
FENI	―	―	$8.17B	0.28%	67 Neutral
JIRE	―	―	$10.37B	0.24%	67 Neutral
IMOM	―	―	$145.47M	0.38%	65 Neutral
QUIZ	―	―	$69.90M	0.56%	67 Neutral
TACN	―	―	$19.59M	0.00%	66 Neutral
PQNT	―	―	$10.12M	0.30%	67 Neutral

Performance Comparison

FENI

Fidelity Enhanced International ETF

40.35

11.19

38.37%

JIRE

JPMorgan International Research Enhanced Equity ETF

―

IMOM

Alpha Architect International Quantitative Momentum ETF

―

QUIZ

Zacks Quality International ETF

―

TACN

T. Rowe Price Active Core International Equity ETF

―

PQNT

Pictet AI Enhanced International Equity 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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