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Fidelity Cloud Computing ETF (FCLD)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US3160922460
Issuer
Fidelity
Inception Date
Oct 5, 2021
Leveraged
1x (No leverage)
Index Tracked
Fidelity Cloud Computing Index - Benchmark TR Gross
Distribution Policy
Distributing

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Cloud Computing ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Fidelity Cloud Computing ETF (FCLD) has returned -8.71% so far this year and 14.12% over the past 12 months.


Fidelity Cloud Computing ETF

1D
3.43%
1M
-2.59%
YTD
-8.71%
6M
-7.18%
1Y
14.12%
3Y*
16.12%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Oct 7, 2021, FCLD's average daily return is +0.02%, while the average monthly return is +0.35%. At this rate, your investment would double in approximately 16.5 years.

Historically, 52% of months were positive and 48% were negative. The best month was Nov 2023 with a return of +16.7%, while the worst month was Apr 2022 at -12.7%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FCLD closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +16.2%, while the worst single day was Apr 3, 2025 at -7.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-1.64%-4.72%-2.59%-8.71%
20256.97%-7.66%-12.38%4.76%8.79%4.87%0.16%0.16%2.55%6.63%-5.71%1.13%8.19%
20243.19%6.91%1.42%-7.84%-2.45%6.47%-0.87%-1.84%3.86%2.66%16.39%-5.83%21.80%
202314.20%-1.00%4.03%-5.89%13.08%5.60%6.33%-4.00%-4.68%-4.16%16.73%6.39%53.05%
2022-11.81%-6.11%0.19%-12.65%-7.92%-5.59%6.17%-2.80%-11.85%5.26%0.45%-3.14%-41.32%
20214.53%-5.01%-0.63%-1.32%

Benchmark Metrics

Fidelity Cloud Computing ETF has an annualized alpha of -8.37%, beta of 1.42, and R² of 0.67 versus S&P 500 Index. Calculated based on daily prices since October 08, 2021.

  • This ETF participated in 125.95% of S&P 500 Index downside but only 96.05% of its upside — more exposed to losses than it benefited from rallies.
  • This ETF had an annualized alpha of -8.37% versus S&P 500 Index — delivering less than market exposure alone would predict.

Alpha
-8.37%
Beta
1.42
0.67
Upside Capture
96.05%
Downside Capture
125.95%

Expense Ratio

FCLD has an expense ratio of 0.39%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FCLD ranks 26 for risk / return — below 26% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


FCLD Risk / Return Rank: 2626
Overall Rank
FCLD Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
FCLD Sortino Ratio Rank: 2828
Sortino Ratio Rank
FCLD Omega Ratio Rank: 2626
Omega Ratio Rank
FCLD Calmar Ratio Rank: 2828
Calmar Ratio Rank
FCLD Martin Ratio Rank: 2525
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Cloud Computing ETF (FCLD) and compare them to a chosen benchmark (S&P 500 Index).


FCLDBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.44

0.90

-0.45

Sortino ratio

Return per unit of downside risk

0.87

1.39

-0.52

Omega ratio

Gain probability vs. loss probability

1.11

1.21

-0.10

Calmar ratio

Return relative to maximum drawdown

0.69

1.40

-0.71

Martin ratio

Return relative to average drawdown

1.94

6.61

-4.66

Explore FCLD risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Fidelity Cloud Computing ETF provided a 0.03% dividend yield over the last twelve months, with an annual payout of $0.01 per share.


0.05%0.10%0.15%0.20%0.25%$0.00$0.01$0.02$0.03$0.0420212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021
Dividend$0.01$0.01$0.04$0.04$0.04$0.03

Dividend yield

0.03%0.03%0.13%0.17%0.26%0.13%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Cloud Computing ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01
2024$0.00$0.00$0.01$0.00$0.00$0.02$0.00$0.00$0.01$0.00$0.00$0.00$0.04
2023$0.00$0.00$0.01$0.00$0.00$0.02$0.00$0.00$0.01$0.00$0.00$0.01$0.04
2022$0.00$0.00$0.01$0.00$0.00$0.02$0.00$0.00$0.00$0.00$0.00$0.01$0.04
2021$0.03$0.03

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Cloud Computing ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Cloud Computing ETF was 50.85%, occurring on Oct 14, 2022. Recovery took 521 trading sessions.

The current Fidelity Cloud Computing ETF drawdown is 14.65%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-50.85%Nov 10, 2021234Oct 14, 2022521Nov 11, 2024755
-34.8%Dec 9, 202482Apr 8, 2025138Oct 24, 2025220
-17.48%Nov 11, 202595Mar 30, 2026
-3.42%Nov 4, 20251Nov 4, 20254Nov 10, 20255
-3.01%Nov 14, 20242Nov 15, 20242Nov 19, 20244

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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