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Fidelity MSCI Health Care Index ETF (FHLC)

ETF · Currency in USD · Last updated Aug 6, 2022

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

ISINUS3160926008
CUSIP316092600
IssuerFidelity
Inception DateOct 21, 2013
RegionNorth America (U.S.)
CategoryHealth & Biotech Equities
Expense Ratio0.08%
Index TrackedMSCI USA IMI Health Care Index
ETF Home Pagescreener.fidelity.com
Asset ClassEquity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Trading Data

Previous Close$63.10
Year Range$56.56 - $68.51
EMA (50)$61.73
EMA (200)$62.88
Average Volume$159.67K

FHLCShare Price Chart


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FHLCPerformance

The chart shows the growth of $10,000 invested in Fidelity MSCI Health Care Index ETF in Oct 2013 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $28,567 for a total return of roughly 185.67%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%5.00%MarchAprilMayJuneJulyAugust
0.12%
-7.55%
FHLC (Fidelity MSCI Health Care Index ETF)
Benchmark (^GSPC)

FHLCReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M2.80%8.19%
6M-0.16%-7.42%
YTD-7.46%-13.03%
1Y-4.28%-5.85%
5Y12.29%10.86%
10Y12.71%10.32%

FHLCMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-7.92%-0.98%5.24%-6.11%0.94%-2.16%3.97%0.03%
20212.32%-1.84%2.01%4.05%0.86%3.31%3.69%2.32%-5.36%4.37%-3.87%7.61%
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%
20195.98%1.67%0.31%-2.69%-2.66%7.17%-1.24%-1.15%-0.92%4.84%6.09%3.30%
20186.80%-4.21%-2.35%0.88%1.49%1.65%5.91%5.01%2.18%-7.69%6.58%-9.21%
20172.68%6.57%-0.44%1.74%0.72%5.03%0.31%1.98%1.22%-0.84%3.11%-0.65%
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%
20151.55%4.76%1.37%-1.90%5.17%0.02%2.96%-8.04%-6.73%6.98%0.44%1.36%
20141.50%6.07%-2.07%-1.39%3.04%2.78%-0.17%5.19%-0.17%5.65%3.33%-0.76%
2013-0.18%4.97%0.96%

FHLCSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Fidelity MSCI Health Care Index ETF Sharpe ratio is -0.24. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-0.500.000.501.00MarchAprilMayJuneJulyAugust
-0.24
-0.31
FHLC (Fidelity MSCI Health Care Index ETF)
Benchmark (^GSPC)

FHLCDividend History

Fidelity MSCI Health Care Index ETF granted a 1.32% dividend yield in the last twelve months. The annual payout for that period amounted to $0.83 per share.


PeriodTTM202120202019201820172016201520142013
Dividend$0.83$0.80$0.84$0.59$0.88$0.55$0.46$0.71$0.34$0.05

Dividend yield

1.32%1.17%1.48%1.22%2.24%1.47%1.52%2.27%1.15%0.23%

FHLCDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-7.89%
-13.58%
FHLC (Fidelity MSCI Health Care Index ETF)
Benchmark (^GSPC)

FHLCWorst Drawdowns

The table below shows the maximum drawdowns of the Fidelity MSCI Health Care Index ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Fidelity MSCI Health Care Index ETF is 28.76%, recorded on Mar 23, 2020. It took 53 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-28.76%Feb 20, 202023Mar 23, 202053Jun 8, 202076
-20.42%Jul 21, 2015143Feb 11, 2016328Jun 1, 2017471
-17.44%Dec 31, 2021116Jun 16, 2022
-17.03%Oct 2, 201858Dec 24, 2018221Nov 8, 2019279
-12.08%Jan 29, 201844Apr 2, 201886Aug 2, 2018130
-8.27%Mar 5, 201428Apr 11, 201448Jun 20, 201476
-7.97%Sep 3, 202127Oct 12, 202151Dec 23, 202178
-7.87%Feb 16, 202113Mar 4, 202129Apr 15, 202142
-7.17%Sep 25, 201416Oct 16, 20146Oct 24, 201422
-6.62%Jun 9, 20203Jun 11, 202022Jul 14, 202025

FHLCVolatility Chart

Current Fidelity MSCI Health Care Index ETF volatility is 9.38%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%MarchAprilMayJuneJulyAugust
9.38%
19.67%
FHLC (Fidelity MSCI Health Care Index ETF)
Benchmark (^GSPC)