Fidelity MSCI Health Care Index ETF (FHLC)
FHLC is a passive ETF by Fidelity tracking the investment results of the MSCI USA IMI Health Care Index. FHLC launched on Oct 21, 2013 and has a 0.08% expense ratio.
ETF Info
US3160926008
316092600
Oct 21, 2013
North America (U.S.)
1x
MSCI USA IMI Health Care Index
Large-Cap
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 Health Care 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.
Returns By Period
Fidelity MSCI Health Care Index ETF had a return of 5.09% year-to-date (YTD) and 13.46% in the last 12 months. Over the past 10 years, Fidelity MSCI Health Care Index ETF had an annualized return of 9.24%, while the S&P 500 had an annualized return of 11.11%, indicating that Fidelity MSCI Health Care Index ETF did not perform as well as the benchmark.
FHLC
5.09%
-7.28%
-1.64%
13.46%
8.87%
9.24%
^GSPC (Benchmark)
23.08%
0.10%
10.70%
30.05%
13.52%
11.11%
Monthly Returns
The table below presents the monthly returns of FHLC, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.33% | 3.32% | 2.36% | -5.32% | 2.27% | 1.90% | 3.13% | 4.83% | -1.51% | -4.37% | 5.09% | ||
| 2023 | -0.73% | -4.53% | 1.78% | 3.06% | -4.01% | 4.18% | 1.01% | -1.08% | -3.61% | -3.86% | 5.70% | 5.45% | 2.58% |
| 2022 | -7.92% | -0.98% | 5.24% | -6.11% | 0.94% | -2.16% | 3.97% | -5.31% | -3.13% | 8.72% | 4.61% | -2.13% | -5.55% |
| 2021 | 2.32% | -1.84% | 2.01% | 4.05% | 0.86% | 3.31% | 3.69% | 2.32% | -5.36% | 4.37% | -3.87% | 7.61% | 20.39% |
| 2020 | -2.61% | -6.09% | -4.91% | 13.31% | 4.25% | -1.63% | 5.14% | 2.41% | -1.52% | -2.59% | 8.72% | 4.08% | 18.13% |
| 2019 | 5.98% | 1.67% | 0.31% | -2.69% | -2.67% | 7.17% | -1.24% | -1.15% | -0.92% | 4.84% | 6.09% | 3.30% | 21.94% |
| 2018 | 6.80% | -4.21% | -2.35% | 0.88% | 1.49% | 1.65% | 5.91% | 5.01% | 2.18% | -7.69% | 6.58% | -9.21% | 5.52% |
| 2017 | 2.68% | 6.57% | -0.44% | 1.74% | 0.72% | 5.03% | 0.31% | 1.98% | 1.23% | -0.84% | 3.11% | -0.65% | 23.33% |
| 2016 | -9.33% | -0.73% | 3.27% | 3.03% | 2.56% | 0.38% | 5.44% | -3.03% | 0.00% | -7.05% | 2.69% | 0.38% | -3.42% |
| 2015 | 1.55% | 4.76% | 1.37% | -1.90% | 5.18% | 0.01% | 2.96% | -8.04% | -6.73% | 6.98% | 0.44% | 1.36% | 7.05% |
| 2014 | 1.50% | 6.07% | -2.07% | -1.39% | 3.04% | 2.78% | -0.17% | 5.19% | -0.17% | 5.65% | 3.33% | -0.76% | 25.06% |
| 2013 | -0.18% | 4.97% | 0.96% | 5.79% |
Expense Ratio
FHLC has an expense ratio of 0.08%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FHLC is 41, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity MSCI Health Care Index ETF (FHLC) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity MSCI Health Care Index ETF provided a 1.42% dividend yield over the last twelve months, with an annual payout of $0.95 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.95 | $0.90 | $0.83 | $0.80 | $0.84 | $0.59 | $0.89 | $0.55 | $0.46 | $0.72 | $0.34 | $0.05 |
Dividend yield | 1.42% | 1.40% | 1.30% | 1.16% | 1.45% | 1.18% | 2.14% | 1.38% | 1.40% | 2.07% | 1.03% | 0.20% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity MSCI Health Care 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.73 | |
| 2023 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.22 | $0.90 |
| 2022 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.19 | $0.83 |
| 2021 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.22 | $0.80 |
| 2020 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.23 | $0.84 |
| 2019 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.09 | $0.59 |
| 2018 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.46 | $0.89 |
| 2017 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.16 | $0.55 |
| 2016 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.46 |
| 2015 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.72 |
| 2014 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.34 |
| 2013 | $0.05 | $0.05 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity MSCI Health Care 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 Health Care Index ETF was 28.76%, occurring on Mar 23, 2020. Recovery took 53 trading sessions.
The current Fidelity MSCI Health Care Index ETF drawdown is 9.05%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -28.76% | Feb 20, 2020 | 23 | Mar 23, 2020 | 53 | Jun 8, 2020 | 76 |
| -20.42% | Jul 21, 2015 | 143 | Feb 11, 2016 | 328 | Jun 1, 2017 | 471 |
| -17.73% | Dec 31, 2021 | 116 | Jun 16, 2022 | 410 | Feb 5, 2024 | 526 |
| -17.02% | Oct 2, 2018 | 58 | Dec 24, 2018 | 221 | Nov 8, 2019 | 279 |
| -12.08% | Jan 29, 2018 | 44 | Apr 2, 2018 | 86 | Aug 2, 2018 | 130 |
Volatility
Volatility Chart
The current Fidelity MSCI Health Care Index ETF volatility is 3.76%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.