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FSTA - ETF AI Analysis
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FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF (FSTA)
Rating:71Outperform
Price Target:
$56.00
Positive Factors
Strong Top Holdings
Several major positions, like Walmart and Monster Beverage, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Low Expense Ratio
The ETF charges a very low expense ratio, making it a cost-effective choice for investors.
Defensive Sector Focus
The fund's heavy exposure to consumer defensive stocks provides stability during economic uncertainty.
Negative Factors
High Geographic Concentration
The ETF is almost entirely focused on U.S. companies, limiting diversification across global markets.
Sector Over-Concentration
Nearly all assets are allocated to the consumer defensive sector, which may underperform in strong economic growth periods.
Mixed Holding Performance
Some top holdings, like Procter & Gamble and Colgate-Palmolive, have lagged year-to-date, dragging on overall performance.
FSTA vs. SPDR S&P 500 ETF (SPY)
AUM1.30B
RegionNorth America
Expense Ratio0.08%
Beta0.30
IssuerFidelity
Inception DateOct 21, 2013
Dividend Yield2.3%
Asset ClassEquity
Index TrackedMSCI USA IMI Consumer Staples 25/50 Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume120,496
30 Day Avg. Volume132,255
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
56.08Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering99
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FSTA Summary
The Fidelity Covington Trust MSCI Consumer Staples Index ETF (FSTA) is an investment fund that focuses on companies in the consumer staples sector, which includes essential goods like food, beverages, and household items. It follows the MSCI USA IMI Consumer Staples Index and includes well-known companies such as Walmart and Costco. This ETF might appeal to investors looking for stability and steady performance, as consumer staples are typically in demand even during economic downturns. However, new investors should be aware that its performance is closely tied to the consumer staples sector, which may limit growth if this sector underperforms.
How much will it cost me?The ETF FSTA has an expense ratio of 0.084%, which means you’ll pay $0.84 per year for every $1,000 invested. This is lower than average because it is passively managed, tracking the MSCI Consumer Staples Index to keep costs down.
What would affect this ETF?The FSTA ETF, focused on the consumer staples sector, could benefit from steady demand for essential goods during economic downturns, as well as potential growth driven by top holdings like Walmart and Procter & Gamble. However, rising interest rates or inflation could negatively impact consumer spending and company margins, while regulatory changes affecting industries like tobacco or beverages could pose risks. Its U.S.-centric exposure may also limit gains if the domestic economy faces challenges.
FSTA Top 10 Holdings
The FSTA ETF leans heavily into the consumer staples sector, with household names like Walmart and Coca-Cola providing steady support thanks to their resilience and consistent demand. Coca-Cola is rising, buoyed by strong financial performance, while Walmart remains steady despite mixed technical signals. On the flip side, Costco and Procter & Gamble are lagging, weighed down by bearish momentum and valuation concerns. The fund’s focus on U.S.-based consumer defensive giants offers stability, but recent weakness in several top holdings suggests a cautious outlook for near-term performance.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Walmart | 14.55% | $189.30M | $829.65B | 16.27% | 78 Outperform | |
| Costco | 12.53% | $163.01M | $392.71B | -7.78% | 68 Neutral | |
| Procter & Gamble | 10.97% | $142.69M | $343.45B | -17.14% | 74 Outperform | |
| Coca-Cola | 9.04% | $117.61M | $312.25B | 12.75% | 78 Outperform | |
| PepsiCo | 4.66% | $60.61M | $198.95B | -10.76% | 78 Outperform | |
| Philip Morris | 4.45% | $57.82M | $235.15B | 15.57% | 62 Neutral | |
| Altria Group | 3.40% | $44.27M | $96.24B | 1.02% | 64 Neutral | |
| Mondelez International | 2.58% | $33.54M | $72.51B | -13.47% | 62 Neutral | |
| Colgate-Palmolive | 2.20% | $28.57M | $63.82B | -16.95% | 63 Neutral | |
| Monster Beverage | 1.90% | $24.76M | $71.56B | 33.21% | 80 Outperform |
FSTA Technical Analysis
Negative
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Price Trends
49.57
Negative
50.29
Negative
50.44
Negative
Market Momentum
-0.21
Negative
45.37
Neutral
58.95
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FSTA, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 48.85, equal to the 50-day MA of 49.57, and equal to the 200-day MA of 50.44, indicating a bearish trend. The MACD of -0.21 indicates Negative momentum. The RSI at 45.37 is Neutral, neither overbought nor oversold. The STOCH value of 58.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FSTA.
FSTA Peer Comparison
Comparison Results
Performance Comparison
FSTA
FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF
48.84
-2.02
-3.97%
VPU
Vanguard Utilities ETF
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XLRE
Real Estate Select Sector SPDR Fund
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VDC
Vanguard Consumer Staples ETF
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VDE
Vanguard Energy ETF
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IYK
iShares U.S. Consumer Staples 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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