- ISIN
- US3160928731
- CUSIP
- 316092873
- Issuer
- Fidelity
- Inception Date
- Oct 21, 2013
- Region
- North America (U.S.)
- Category
- Large Cap Growth Equities
- 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
- Assets Under Management
- $2B
Share Price Chart
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Performance
FCOM Performance Chart
Fidelity MSCI Communication Services Index ETF (FCOM) is down 1.3% since the beginning of the year. FCOM is currently trading at $72 per share. Investors who bought $1,000 worth of FCOM shares 5 years ago would now be looking at an investment worth $1,416.
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Returns By Period
Fidelity MSCI Communication Services Index ETF (FCOM) has returned -1.34% so far this year and 16.03% over the past 12 months. Over the last ten years, FCOM has returned 11.67% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
Fidelity MSCI Communication Services Index ETF
- 1D
- 0.21%
- 1M
- -2.46%
- YTD
- -1.34%
- 6M
- -0.13%
- 1Y
- 16.03%
- 3Y*
- 22.67%
- 5Y*
- 7.21%
- 10Y*
- 11.67%
Benchmark (S&P 500 Index)
- 1D
- -0.57%
- 1M
- 1.39%
- YTD
- 9.73%
- 6M
- 10.46%
- 1Y
- 24.50%
- 3Y*
- 19.43%
- 5Y*
- 12.21%
- 10Y*
- 13.75%
FCOM Monthly Returns History
Based on dividend-adjusted daily data since Oct 24, 2013, FCOM's average daily return is +0.05%, while the average monthly return is +0.99%. At this rate, an investment would double in approximately 5.9 years.
Historically, 59% of months were positive and 41% 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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.96% | -3.61% | -6.10% | 9.23% | -0.03% | -3.05% | -1.34% | ||||||
| 2025 | 7.44% | -3.69% | -7.15% | -1.26% | 8.75% | 7.55% | 2.31% | 2.77% | 4.42% | -0.45% | 2.26% | 1.64% | 26.06% |
| 2024 | 3.76% | 4.57% | 2.77% | -3.97% | 6.41% | 3.37% | -1.12% | 1.96% | 4.90% | 2.00% | 4.79% | -0.06% | 33.05% |
| 2023 | 15.10% | -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 0.08%, beta of 0.95, and R2 of 0.69 versus S&P 500 Index. Calculated based on daily prices since October 24, 2013.
- This ETF participated in 103.45% of S&P 500 Index downside but only 98.27% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.95 and R2 of 0.69, 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
- 0.08%
- Beta
- 0.95
- R²
- 0.69
- Upside Capture
- 98.27%
- Downside Capture
- 103.45%
Expense Ratio
FCOM has an expense ratio of 0.08%, which is considered low.
Return for Risk
Risk / Return Rank
FCOM ranks 29 for risk / return — below 29% 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity MSCI Communication Services Index ETF (FCOM) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FCOM | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.10 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.36 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.19 | 2.71 | -1.51 |
| Martin ratioReturn relative to average drawdown | 4.34 | 12.15 | -7.81 |
Dividends
Dividend History
Fidelity MSCI Communication Services Index ETF provided a 0.94% 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.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 0.94% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.00 | $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 4.63%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -46.76%Nov 2022 | 1y 2mo | 1y 11mo | 3y 1moSep 2021 - Oct 2024 |
COVID crash2020 | -31.25%Mar 2020 | 1mo 2d | 4mo 14d | 5mo 16dFeb 2020 - Aug 2020 |
2025 selloff2025 | -21.16%Apr 2025 | 1mo 19d | 2mo 20d | 4mo 9dFeb 2025 - Jun 2025 |
Rate-hike selloffLate 2018 | -15.79%Dec 2018 | 2mo 20d | 1mo 27d | 4mo 17dOct 2018 - Feb 2019 |
2016 correction2016 | -13.74%Nov 2016 | 3mo 17d | 1mo 18d | 5mo 5dJul 2016 - Dec 2016 |
Drawdown Indicators
| FCOM | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.76% | -56.78% | +10.02% |
Max Drawdown (1Y)Largest decline over 1 year | -13.48% | -9.10% | -4.38% |
Max Drawdown (3Y)Largest decline over 3 years | -21.16% | -18.90% | -2.26% |
Max Drawdown (5Y)Largest decline over 5 years | -46.76% | -25.43% | -21.33% |
Max Drawdown (10Y)Largest decline over 10 years | -46.76% | -33.92% | -12.84% |
Current DrawdownCurrent decline from peak | -4.63% | -1.29% | -3.34% |
Average DrawdownAverage peak-to-trough decline | -8.65% | -10.72% | +2.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.70% | 2.02% | +1.68% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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