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 solid gains so far this year and over the past month, indicating positive recent momentum.
Global Diversification
Holdings spread across major markets like Japan, the U.S., the UK, and Europe help reduce reliance on any single country’s economy.
Leading Growth-Oriented Holdings
Several top positions, including major technology and industrial names, have delivered strong year-to-date performance that supports the fund’s returns.
Negative Factors
Moderate Fee Level
The expense ratio is not especially low, so costs may be higher than some basic index ETFs tracking international markets.
Exposure to Underperforming Stocks
A few top holdings have shown weak or negative performance this year, which can drag on overall results if the trend continues.
Heavy Tilt Toward Certain Countries
Large weights in markets like Japan and a handful of European countries mean the fund is sensitive to economic or political issues in those regions.
FENI vs. SPDR S&P 500 ETF (SPY)
AUM9.16B
RegionDeveloped Markets
Expense Ratio0.28%
Beta0.75
IssuerFidelity
Inception DateNov 20, 2023
Dividend Yield2.97%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,193,181
30 Day Avg. Volume1,781,460
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
43.76Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering377
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FENI Summary
The Fidelity Enhanced International ETF (FENI) is an actively managed fund that invests in a wide range of companies outside the U.S., aiming to capture the “total market” of international stocks rather than track a single index. It holds well-known names like ASML Holding and HSBC, spread across countries such as Japan, the UK, France, and Germany, and across many sectors including financials, industrials, and technology. Investors might consider FENI for global diversification and long-term growth potential. A key risk is that international stocks can be volatile and are affected by currency swings and global economic conditions.
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 a clear tilt toward industrial and tech champions that are doing much of the heavy lifting. ASML and Advantest are rising on the back of strong semiconductor demand, giving the fund a powerful tech engine. Industrial names like Siemens, Siemens Energy, and ABB are also climbing, adding steady momentum from Europe’s manufacturing and energy transition themes. On the softer side, Roche has been more mixed and Shell is wobbling in the short term, slightly braking an otherwise upward-trending, globally diversified portfolio.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ASML Holding NV | 3.12% | $281.49M | €477.33B | 106.32% | 76 Outperform | |
| Roche Holding AG | 1.61% | $145.57M | $327.04B | 22.13% | 73 Outperform | |
| Siemens | 1.48% | $133.87M | €185.31B | 21.53% | 74 Outperform | |
| HSBC Holdings | 1.46% | $132.29M | £226.99B | 58.35% | 80 Outperform | |
| Siemens Energy | 1.40% | $126.57M | €159.84B | 171.79% | 72 Outperform | |
| ABB Ltd | 1.28% | $115.60M | CHF140.24B | 78.92% | 78 Outperform | |
| Advantest | 1.26% | $114.10M | ¥20.54T | 381.96% | 75 Outperform | |
| Hitachi,Ltd. | 1.21% | $109.35M | ¥23.65T | 25.90% | 77 Outperform | |
| Iberdrola | 1.19% | $107.24M | €133.09B | 29.16% | 67 Neutral | |
| Shell (UK) | 1.17% | $105.53M | £184.86B | 32.32% | 73 Outperform |
FENI Technical Analysis
Neutral
―
Price Trends
38.41
Positive
38.06
Positive
36.14
Positive
Market Momentum
0.18
Positive
48.92
Neutral
57.68
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FENI, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 39.14, equal to the 50-day MA of 38.41, and equal to the 200-day MA of 36.14, indicating a neutral trend. The MACD of 0.18 indicates Positive momentum. The RSI at 48.92 is Neutral, neither overbought nor oversold. The STOCH value of 57.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FENI.
FENI Peer Comparison
Comparison Results
Performance Comparison
FENI
Fidelity Enhanced International ETF
38.63
8.30
27.37%
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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JIDE
JPMorgan International Dynamic 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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