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Fidelity MSCI Communication Services Index ETF (FC...
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

ISIN
US3160928731
CUSIP
316092873
Issuer
Fidelity
Inception Date
Oct 21, 2013
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
MSCI USA IMI Telecommunication Services 25/50 Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity MSCI Communication Services Index 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 MSCI Communication Services Index ETF (FCOM) has returned -6.81% so far this year and 22.27% over the past 12 months. Over the last ten years, FCOM has returned 11.00% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Fidelity MSCI Communication Services Index ETF

1D
3.51%
1M
-6.10%
YTD
-6.81%
6M
-3.57%
1Y
22.27%
3Y*
24.17%
5Y*
7.26%
10Y*
11.00%

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 24, 2013, FCOM's average daily return is +0.05%, while the average monthly return is +0.98%. At this rate, your investment would double in approximately 5.9 years.

Historically, 60% of months were positive and 40% were negative. The best month was Jan 2023 with a return of +15.1%, while the worst month was Apr 2022 at -15.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FCOM closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +9.5%, while the worst single day was Mar 16, 2020 at -11.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.96%-3.61%-6.10%-6.81%
20257.44%-3.69%-7.15%-1.26%8.75%7.55%2.31%2.77%4.42%-0.45%2.26%1.64%26.06%
20243.76%4.57%2.77%-3.97%6.41%3.37%-1.12%1.96%4.90%2.00%4.79%-0.06%33.05%
202315.10%-3.86%6.73%2.16%2.89%4.79%5.89%-2.98%-3.74%-1.54%8.31%5.43%44.65%
2022-6.07%-5.91%0.35%-14.95%1.29%-8.91%3.65%-3.25%-12.16%2.37%4.81%-7.20%-38.97%
2021-0.20%7.51%1.18%6.67%-0.10%3.84%0.73%3.57%-5.85%0.45%-6.28%2.51%13.88%

Benchmark Metrics

Fidelity MSCI Communication Services Index ETF has an annualized alpha of 0.76%, beta of 0.95, and R² of 0.70 versus S&P 500 Index. Calculated based on daily prices since October 25, 2013.

  • With beta of 0.95 and R² of 0.70, this ETF moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

Alpha
0.76%
Beta
0.95
0.70
Upside Capture
100.98%
Downside Capture
102.51%

Expense Ratio

FCOM has an expense ratio of 0.08%, which is considered low.


Return for Risk

Risk / Return Rank

FCOM ranks 63 for risk / return — better than 63% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


FCOM Risk / Return Rank: 6363
Overall Rank
FCOM Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
FCOM Sortino Ratio Rank: 6666
Sortino Ratio Rank
FCOM Omega Ratio Rank: 6262
Omega Ratio Rank
FCOM Calmar Ratio Rank: 6565
Calmar Ratio Rank
FCOM Martin Ratio Rank: 6161
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 MSCI Communication Services Index ETF (FCOM) and compare them to a chosen benchmark (S&P 500 Index).


FCOMBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.10

0.90

+0.21

Sortino ratio

Return per unit of downside risk

1.71

1.39

+0.33

Omega ratio

Gain probability vs. loss probability

1.23

1.21

+0.02

Calmar ratio

Return relative to maximum drawdown

1.69

1.40

+0.29

Martin ratio

Return relative to average drawdown

6.27

6.61

-0.34

Explore FCOM 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 MSCI Communication Services Index ETF provided a 1.00% dividend yield over the last twelve months, with an annual payout of $0.68 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%2.00%4.00%6.00%8.00%10.00%12.00%$0.00$1.00$2.00$3.00$4.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.68$0.64$0.51$0.34$0.32$0.46$0.31$0.31$0.79$3.62$0.73$0.78

Dividend yield

1.00%0.88%0.87%0.77%1.04%0.90%0.68%0.86%2.78%11.70%2.27%2.92%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity MSCI Communication Services Index 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$0.17$0.17
2025$0.00$0.00$0.14$0.00$0.00$0.15$0.00$0.00$0.20$0.00$0.00$0.16$0.64
2024$0.00$0.00$0.11$0.00$0.00$0.12$0.00$0.00$0.16$0.00$0.00$0.13$0.51
2023$0.00$0.00$0.08$0.00$0.00$0.06$0.00$0.00$0.10$0.00$0.00$0.10$0.34
2022$0.00$0.00$0.07$0.00$0.00$0.09$0.00$0.00$0.09$0.00$0.00$0.08$0.32
2021$0.00$0.00$0.08$0.00$0.00$0.09$0.00$0.00$0.12$0.00$0.00$0.18$0.46

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 MSCI Communication Services Index 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 MSCI Communication Services Index ETF was 46.76%, occurring on Nov 9, 2022. Recovery took 477 trading sessions.

The current Fidelity MSCI Communication Services Index ETF drawdown is 9.92%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-46.76%Sep 2, 2021300Nov 9, 2022477Oct 4, 2024777
-31.25%Feb 20, 202023Mar 23, 202093Aug 4, 2020116
-21.16%Feb 18, 202536Apr 8, 202555Jun 27, 202591
-15.79%Oct 5, 201855Dec 24, 201837Feb 19, 201992
-13.74%Jul 18, 201677Nov 2, 201633Dec 20, 2016110

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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