FENI - ETF AI Analysis
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Fidelity Enhanced International ETF (FENI)
Rating:67Neutral
Price Target:―
Positive Factors
Strong Top Holdings Performance
Several of the largest positions, especially in technology and financials, have shown strong gains so far this year, helping support the ETF’s overall results.
Broad International Diversification
The fund spreads its investments across many countries in Europe, Asia, and other regions, which helps reduce the impact of problems in any single market.
Balanced Sector Mix
Exposure to a wide range of sectors, including financials, industrials, health care, and consumer companies, provides a more balanced growth and risk profile.
Negative Factors
Recent Short-Term Weakness
The ETF has shown slightly negative performance over the past month, indicating some short-term volatility despite stronger year-to-date results.
Meaningful Financial Sector Exposure
A sizable allocation to financial companies means the fund can be sensitive to banking and interest-rate risks.
Moderate Expense Ratio
While not extremely high, the fund’s fees are in the mid-range, which can slightly reduce long-term returns compared with the lowest-cost international ETFs.
FENI vs. SPDR S&P 500 ETF (SPY)
AUM11.04B
RegionDeveloped Markets
Expense Ratio0.28%
Beta0.76
IssuerFidelity
Inception DateNov 20, 2023
Dividend Yield2.89%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,256,844
30 Day Avg. Volume1,493,493
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
46.21Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering409
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 cover a wide range of companies outside the U.S., using Fidelity’s research instead of tracking a single index. It invests across many countries like Japan, the UK, and Europe, and spreads money over sectors such as financials, industrials, health care, and technology. Well-known holdings include ASML Holding and Nestlé. Someone might invest in FENI to diversify beyond the U.S. and tap into long-term global growth. A key risk is that international stocks can be volatile and may rise or fall with global market and currency swings.
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 on developed markets outside North America, with a clear tilt toward European and Japanese financials and industrials. Banks like Mitsubishi UFJ, HSBC, BBVA, and UBS are doing much of the heavy lifting, as their stocks have been steadily rising and giving the fund a solid backbone. On the growth side, chip makers ASML and Tokyo Electron have been strong longer-term drivers, even if Tokyo Electron has stumbled recently. Defensive names like Nestlé are lagging, slightly dulling the shine of this otherwise globally diversified, financially driven portfolio.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ASML Holding NV | 3.34% | $367.49M | €547.84B | 135.43% | 76 Outperform | |
| Nestlé SA | 1.66% | $182.97M | CHF208.38B | 11.94% | 71 Outperform | |
| Roche Holding AG | 1.63% | $179.14M | $348.49B | 38.24% | 73 Outperform | |
| Siemens | 1.47% | $162.04M | €215.45B | 31.27% | 74 Outperform | |
| Mitsubishi UFJ Financial Group | 1.39% | $152.53M | ¥39.93T | 62.91% | 76 Outperform | |
| Banco Bilbao Vizcaya Argentaria | 1.27% | $139.51M | €134.72B | 62.38% | 76 Outperform | |
| UBS Group AG | 1.24% | $136.68M | $159.29B | 41.23% | 73 Outperform | |
| Advantest | 1.21% | $133.43M | ¥22.67T | 191.12% | 75 Outperform | |
| Rolls-Royce Holdings | 1.20% | $131.37M | £122.32B | 39.31% | 71 Outperform | |
| HSBC Holdings | 1.16% | $127.81M | £270.81B | 72.84% | 80 Outperform |
FENI Technical Analysis
Positive
―
Price Trends
39.97
Positive
39.09
Positive
37.81
Positive
Market Momentum
0.22
Negative
62.46
Neutral
92.13
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 40.15, equal to the 50-day MA of 39.97, and equal to the 200-day MA of 37.81, indicating a bullish trend. The MACD of 0.22 indicates Negative momentum. The RSI at 62.46 is Neutral, neither overbought nor oversold. The STOCH value of 92.13 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
41.27
8.99
27.85%
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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JIDE
JPMorgan International Dynamic ETF
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ENHI
iShares Enhanced International Active 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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