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FENI - ETF AI Analysis
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Fidelity Enhanced International ETF (FENI)
Rating:68Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several key holdings, such as SoftBank Group and Rolls-Royce, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Global Diversification
The ETF has exposure to multiple countries, including Japan, the UK, and Germany, reducing reliance on any single economy.
Low Expense Ratio
The fund charges a competitive expense ratio of 0.29%, making it cost-effective compared to many international ETFs.
Negative Factors
High Financial Sector Exposure
The ETF allocates over 21% of its portfolio to financials, which could make it vulnerable to sector-specific downturns.
Underweight U.S. Exposure
With only 10.5% of the portfolio in U.S. companies, the fund may miss out on opportunities in the world's largest economy.
Small Real Estate Allocation
The ETF has minimal exposure to real estate at just 0.4%, limiting diversification into this traditionally stable sector.
FENI vs. SPDR S&P 500 ETF (SPY)
AUM6.26B
RegionDeveloped Markets
Expense Ratio0.28%
Beta0.72
IssuerFidelity
Inception DateNov 20, 2023
Dividend Yield2.92%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,416,317
30 Day Avg. Volume1,349,254
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
40.65Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering317
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FENI Summary
The Fidelity Enhanced International ETF (FENI) is an investment fund that focuses on international markets, giving you exposure to companies from countries like Japan, the UK, and Germany. It includes well-known companies such as Sony and Nestlé, and covers a variety of industries like financials, technology, and healthcare. This ETF is designed for investors looking to diversify their portfolio beyond domestic markets and potentially benefit from growth in global economies. However, since it invests in international stocks, its performance can be affected by currency fluctuations and economic conditions in other countries.
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
The Fidelity Enhanced International ETF (FENI) leans heavily on financials and industrials, with names like HSBC and UBS driving recent gains thanks to strong earnings and solid financial health. Toyota is also rising, benefiting from robust performance and a well-rounded valuation. However, Sony has been lagging, with mixed signals and limited upside weighing on its momentum. The fund’s focus on developed markets outside North America provides a diverse international flavor, but its sector concentration in financials and industrials means performance could hinge on these areas staying strong.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ASML Holding NV | 2.84% | $177.42M | €401.77B | 41.34% | 76 Outperform | |
| Novartis AG | 1.72% | $107.45M | CHF216.20B | 24.14% | 80 Outperform | |
| Siemens | 1.60% | $99.55M | €199.94B | 30.63% | 74 Outperform | |
| Nestlé SA | 1.50% | $93.38M | CHF188.36B | 12.31% | 71 Outperform | |
| Toyota Motor | 1.42% | $88.84M | ¥43.47T | 9.62% | 80 Outperform | |
| HSBC Holdings | 1.37% | $85.35M | £204.52B | 48.96% | 80 Outperform | |
| Hitachi,Ltd. | 1.28% | $79.78M | ¥24.04T | 36.27% | 77 Outperform | |
| UBS Group AG | 1.25% | $78.25M | $145.90B | 45.49% | 73 Outperform | |
| Rolls-Royce Holdings | 1.25% | $78.24M | £105.77B | 137.12% | 71 Outperform | |
| Iberdrola | 1.22% | $76.07M | €125.42B | 37.84% | 67 Neutral |
FENI Technical Analysis
Positive
―
Price Trends
35.80
Positive
35.21
Positive
33.23
Positive
Market Momentum
0.49
Negative
67.81
Neutral
57.85
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 36.67, equal to the 50-day MA of 35.80, and equal to the 200-day MA of 33.23, indicating a bullish trend. The MACD of 0.49 indicates Negative momentum. The RSI at 67.81 is Neutral, neither overbought nor oversold. The STOCH value of 57.85 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
Performance Comparison
FENI
Fidelity Enhanced International ETF
37.44
10.94
41.28%
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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