|Bid||36.42 x 1300|
|Ask||36.44 x 800|
|Day's Range||36.31 - 36.60|
|52 Week Range||28.31 - 36.78|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||0.29%|
These low-volatility and buy-write ETFs have been hovering around 52-week highs. Investors can hedge with these products as bearish sentiments are rife in the market.
Fidelity is a giant in the arena of actively managed mutual funds, but in recent years, the company has asserted itself in the index funds and exchange traded funds (ETFs) industries, becoming a credible challenger on the low-cost front.These days, Fidelity offers a quartet of zero-fee index funds as well as the least expensive sector funds in the ETF industry. Plus, Fidelity offers a slew of other inexpensive ETFs as well as an expansive lineup of ETFs that can be traded on a commission-free basis. Investors opting for mutual funds will enjoy knowing that Fidelity funds do not have investment minimums.The good news is Fidelity has something for everyone, whether you're a cost-conscious investor or one that wants the benefits of active management on your side.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Value Stocks to Buy for the Second Half Here are some of the best Fidelity funds to consider. Fidelity Low-Priced Stock Fund (FLPSX)Source: Shutterstock Expense ratio: 0.62% per year, or $62 on a $10,000 investment.The Fidelity Low-Priced Stock Fund (MUTF:FLPSX) is not excessively expensive in the world of actively managed equity mutual funds, but there are plenty of ETFs and index funds that are cheaper. That said, FLPSX is an example of a fund that merits its above-average fee.Low-priced stocks have a tendency to seduce investors simply because of those small price tags, but not all low-priced stocks are good companies. This Fidelity fund offers investors the benefit of active management in a corner of the equity market with high risk/reward characteristics. Said another way, many investors interested in low price tag stocks should consider this Fidelity fund over picking individual names.This Fidelity fund is nearly 30 years old and is considered a mid-cap value fund, though some of its holdings are large caps and not all have low price tags. FLPSX devotes nearly 23% of its weight to consumer cyclical stocks while the financial services and technology sectors combine for over 27% of the Fidelity fund's weight. Fidelity ZERO Total Market Index Fund (FZROX)Source: Shutterstock Expense ratio: 0%The Fidelity ZERO Total Market Index Fund (MUTF:FZROX) shows the power of an expense ratio of 0%. This Fidelity fund debuted in August 2018 and today has $3.12 billion in assets under management. FZROX tracks the Fidelity U.S. Total Investable Market Index.FZROX is a basic bet on domestic equities and can be used as a core building block in portfolios of all types, regardless of investors' risk tolerances. Over the long term, this Fidelity fund is likely to produce returns in line or close to those of major U.S. equity benchmarks, such as the S&P 500 and the Russell 1000 Index. * 7 Hot Stocks to Buy for a Seemingly Sleepy Summer This Fidelity fund is consider a large-cap blend offering and allocates 21.51% of its weight to technology stocks. The financial services and healthcare sectors combine for over 27% of FZROX's weight. Fidelity Puritan Fund (FPURX)Source: (C)iStock.com/cosmonaut Expense ratio: 0.54%The Fidelity Puritan (MUTF:FPURX) is one of the best Fidelity funds for investors to consider if they are looking dynamic asset allocation, particularly as markets change. Meaning FPURX can offer the traditional 60/40 equity/fixed income split, but that allocation can jump as high as 80/20 in strong trending bull markets.This is a massive Fidelity fund with $26.3 billion in assets under management and one that recently underwent a management change. Long-time lead manager Ramin Arani departed the fund at the end of last year with Dan Kelley assuming the top spot in running FPURX. Still, the fund has a five-star Morningstar rating and is one of the cheaper actively managed funds in this category.FPURX invests "60% of assets in stocks and other equity securities and the remainder in bonds and other debt securities, including lower-quality debt securities, when its outlook is neutral," according to Fidelity. "Investing at least 25% of total assets in fixed-income senior securities (including debt securities and preferred stock). Engaging in transactions that have a leveraging effect on the fund." Fidelity Low Volatility Factor ETF (FDLO)Source: Shutterstock Expense ratio: 0.29%With investors flocking to low volatility ETFs this year, the Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) is a Fidelity fund to consider. FDLO operates in a crowded universe of domestic low volatility funds, but the ETF is offering modest out-performance this year of the largest ETF in this category. Since coming to market in September 2016, FDLO has outperformed the two largest domestic low volatility ETFs.FDLO tracks the Fidelity U.S. Low Volatility Factor Index and holds nearly 130 stocks. This Fidelity fund is a different beast than what many investors are accustomed to with low volatility investments. Typically, low volatility strategies are heavily allocated to defensive sectors, but that is not the case with this Fidelity fund as FDLO devotes just under 7% of its weight to the real estate and utilities sectors. * 5 Stocks to Buy for $20 or Less A 21% weight to technology stocks is not typical of reduced volatility strategies, but that trait has boosted FDLO's returns while enhancing the fund's quality profile. Fidelity clients can trade FDLO commission-free to realize additional cost benefits. Fidelity International High Dividend ETF (FIDI)Source: Shutterstock Expense ratio: 0.39%On the actively managed side, there are some Fidelity funds with long track records. Investors can tap the firm's expertise in ex-U.S. markets via the ETF wrapper with the Fidelity International High Dividend ETF (NYSEARCA:FIDI), which debuted in early 2018.FIDI tracks the Fidelity International High Dividend Index, a benchmark comprised of ex-U.S. developed markets large- and mid-cap stocks that have the ability to sustain and grow dividends. FIDI holds 96 stocks and is classified as a large-cap value fund. In many cases, international dividend stocks have higher yields than their U.S. counterparts and there is the added benefit of geographic diversification."Stocks with high yields may pay out a high percentage of their earnings as dividends, which reduces the fraction that can be reinvested to grow their businesses," according to Morningstar. "Alternatively, high yields can stem from stocks with poor prospects and depressed prices."Fortunately, this Fidelity fund may be positioned as a high dividend fund, but it offers dividend growth potential and quality traits as well. Fidelity ZERO Extended Market Index Fund (FZIPX)Source: Shutterstock Expense Ratio: 0%The Fidelity ZERO Extended Market Index Fund (MUTF:FZIPX) is another one of the Fidelity funds that does not have an expense ratio and it is a successful one at that. FZIPX debuted earlier this year and already has nearly $357 million in assets under management.FZIPX fills voids left by funds that purport to be broad market funds but are really just large-cap strategies. In other words, this Fidelity fund is heavy on mid- and small-cap stocks and is classified as a mid-cap blend fund because the bulk of its holdings have market values ranging from $2 billion to $10 billion. * 7 Value Stocks to Buy for the Second Half There is no individual security risk in FZIPX because the fund's top 10 holdings combined for just 2.27% of the index fund's roster. However, this Fidelity fund has some sector-level risk because the financial services, industrial and technology sectors combine for over 47% of the fund's weight. Fidelity High Yield Factor ETF (FDHY)Source: Shutterstock Expense Ratio: 0.45%The Fidelity High Yield Factor ETF (NYSEARCA:FDHY), an actively managed fund, is one of the newer Fidelity funds in the fixed income universe and with default rates remaining low this year, investors can up their income streams by being bold with bond funds like FDHY.Some of the advantages of actively managed corporate bond funds include the abilities of the managers to manage interest rate risk and seek credit opportunities as they present themselves. For example, if high-yield bond market participants are favoring higher rated junk debt, FDHY can adjust allocations away from speculative fare.The managers can also seek opportunities outside the U.S. as highlighted by FDHY's exposure to 13 countries, though the U.S. accounts for 81.36% of the Fidelity fund's geographic weight.At the end of May, FDHY had a duration of 3.94 years and a yield to worst of 5.92%. FDHY holds 187 junk bonds.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Value Stocks to Buy for the Second Half * 7 Hot Stocks to Buy for a Seemingly Sleepy Summer * 6 Chip Stocks Staring At Big Headwinds in 2019 Compare Brokers The post 7 Fantastic Fidelity Funds for a Range of Investors appeared first on InvestorPlace.
Low volatility ETFs have the potential to outpace the broader market in bearish conditions or in an uncertain environment providing significant protection to the portfolio.
Low volatility ETFs had a few days in the sun last year, particularly in the fourth quarter when the S&P 500 tumbled nearly 15%.The S&P 500 finished 2018 with annualized volatility of 17%, the highest reading over the past six years, according to ETF Replay data. That market turbulence prompted investors to turn to low volatility ETFs for stability and those funds obliged. The two largest U.S.-listed low volatility ETFs outperformed the S&P 500 while sporting average annualized volatility of about 13%.And that's exactly what low volatility ETFs are supposed to do: be less volatile and perform less poorly than standard equity funds when the broader market declines. Those are the expectations investors should have from low volatility ETFs. Investors expecting low volatility to offer significant out-performance when stocks are surging are likely to be disappointed.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Buy These 5 Stocks to Play the Megatrend of the Century The thing about volatility is that it frequently catches investors off guard. In other words, it is better to be prepared than reactive when volatility spikes. Investors can do just that with these low volatility ETFs.Source: Shutterstock iShares Edge MSCI Min Vol Emerging Markets ETF (EEMV)Expense ratio: 0.25% per year, or $25 on a $10,000 investment.With the MSCI Emerging Markets Index up nearly 8% year-to-date, some investors will likely be tempted -- rightfully so -- to nibble at developing economies. Investors that want to do so in conservative fashion can do so with the iShares Edge MSCI Min Vol Emerging Markets ETF (BATS:EEMV), one of a few emerging markets low volatility ETFs.EEMV is up 5.10% year-to-date, reminding investors that international low volatility ETFs, like their domestic equivalents, can lag when the underlying market is rising. Still, EEMV has plenty of benefits for investors."True to its design, EEMV has historically provided investors with downside risk mitigation. In 2018, EEMV declined 58% less than that of broad EM as measured by the MSCI Emerging Markets Index," according to BlackRock. "If we extend the analysis to a longer period of time, similar performance behaviors hold. Since its first full month of live performance in November of 2011, EEMV has exhibited a downside capture of only 78%, reduced volatility by over 23%, and dampened the maximum drawdown by 22%."EEMV holds over 300 stocks. China and Taiwan combine for almost 40% of the fund's geographic weight.Source: Shutterstock Invesco S&P 500 High Dividend Low Volatility ETF (SPHD)Expense ratio: 0.30% per year, or $30 on a $10,000 investment.The Invesco S&P 500 High Dividend Low Volatility ETF (NYSEARCA:SPHD) is one of the best low volatility ETFs for investors looking for the benefits of reduced volatility and higher income. SPHD tracks an index comprised of the 50 S&P 500 stocks with the lowest trailing 12-month volatility and the highest dividend yields.The required combination of low volatility and high dividend yields can lead to some concentration risk at the sector level. After all, not all of the 11 sectors in the S&P 500 are considered light on volatility or high-yield plays. Not surprisingly, SPHD allocates about 49% of its weight to real estate and utilities names. Those sectors usually fit the bill as high-yield and less volatile than other sectors. * 7 Forever Stocks to Buy for Long-Term Gains For income investors, SPHD definitely makes sense as this low volatility ETF has a 12-month distribution rate of 4.06% -- almost double the S&P 500's dividend yield. SPHD has a five-star Morningstar rating.Source: Shutterstock Fidelity Low Volatility Factor ETF (FDLO)Expense ratio: 0.29% per year, or $29 on a $10,000 investment.Fidelity has an expanding lineup of cost-effective ETFs, including some factor-based strategies. The Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO) is one of those funds.This low volatility ETF tracks the Fidelity U.S. Low Volatility Factor Index, "which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market," according to Fidelity.Last year, FDLO beat the S&P 500 and was less volatile than the benchmark, but the Fidelity fund lagged the two largest low volatility ETFs. This year, FDLO is beating the biggest low volatility ETF. At the sector level, FDLO is unique relative to other low volatility ETFs. Technology is the largest sector weight in FDLO at 19.62% and FDLO allocates less than 7% of its combined weight to the real estate and utilities sectors.Todd Shriber owns shares of SPHD. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks That Every 20-Year-Old Should Buy * 10 Best Dividend Stocks to Buy for the Next 10 Months * 10 Monster Growth Stocks to Buy for 2019 and Beyond Compare Brokers The post 3 Low Volatility ETFs for Smooth Sailing in 2019 appeared first on InvestorPlace.
Compared to rivals such as BlackRock's (NYSE:BLK) iShares, Vanguard and others, Fidelity's lineup of exchange-traded funds (ETFs) is small. Spanning broad market, factor-based strategies and sector funds, Fidelity offers 20 equity-based ETFs and five fixed income funds. Even with its comparatively small lineup, Fidelity is one of the fastest-growing ETF issuers and the Boston-based fund giant has asserted itself as a low-cost leader. In fact, some Fidelity ETFs are among the cheapest on the market and the company is the only firm currently offering no-fee index funds. Investors can realize additional cost efficiencies by becoming Fidelity clients because Fidelity ETFs are available commission-free. * 10 High-Yield Monthly Dividend Stocks Those low fees and other cost synergies indicate some Fidelity ETFs are fine ideas for investors planning for or already in retirement. Here are some solid ideas among Fidelity ETFs for retirement planners and savers. InvestorPlace - Stock Market News, Stock Advice & Trading Tips ### Fidelity Total Bond ETF (FBND) Expense Ratio: 0.36%, or $36 annually per $10,000 invested The Fidelity Total Bond ETF (NYSEARCA:FBND) is an example of a Fidelity ETF that has some room for its fee to be reduced. At 0.36% per year, FBND is on the pricier end of total bond market funds, but the fund has still managed to amass nearly $479 million in assets under management in just over four years of trading. The higher fee is because FBND is actively managed. As an actively managed fund, FBND can overweight segments of the bond market that often receive just token exposure in traditional broad bond benchmarks. Additionally, this Fidelity ETF can take steps to react to rising or declining interest rates as well as boosting or reducing credit market exposure relative to the widely followed Bloomberg Barclays US Aggregate Bond Index. FBND's 30-day SEC yield of 2.94% is just 10 basis points below that of the Bloomberg Barclays US Aggregate Bond Index. Over a third of FBND's holdings carry AAA ratings, but 17.40% have a high-yield designation, which is above-average compared to passive aggregate bond strategies. This Fidelity ETF is worth the cost of admission. Over the past three years, FBND beat the Bloomberg Barclays US Aggregate Bond Index by a 2-to-1 margin. ### Fidelity Low Volatility Factor ETF (FDLO) Expense Ratio: 0.29% Investing in retirement does not mean eschewing equities altogether. However, retirement investors should reduce their equity risk profiles and low volatility strategies, such as the Fidelity Low Volatility Factor ETF (NYSEARCA:FDLO), help with that objective. This Fidelity ETF tracks the Fidelity U.S. Low Volatility Factor Index. That benchmark "is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with lower volatility than the broader market," according to Fidelity. * 10 Stocks to Sell in February Many traditional low volatility funds are heavy on sectors such as consumer staples and utilities, but this Fidelity ETF takes a more adventurous approach while still delivering on the promise of reduced turbulence. FDLO allocates nearly 34% of its combined weight to the technology and financial services sectors but was still able to deliver annualized volatility that was nearly 200 basis points below the S&P 500 in 2018. ### Fidelity Quality Factor ETF (FQAL) Expense Ratio: 0.29% Tapping the quality factor is a viable way for retirees to stay engaged with equities because quality stocks can be defensive and exhibit favorable volatility traits. The Fidelity Quality Factor ETF (NYSEARCA:FQAL) provides access to nearly 130 domestic stocks with favorable quality traits. Like other factor-based strategies, quality funds should be sector agnostic, but some sectors are frequent residents in quality funds. In the case of this Fidelity ETF, technology and healthcare stocks combine for over a third of the fund's weight. Eight of FQAL's top 10 holdings are dividend payers and several of those names have steadily raised payouts over the years. FQAL performed less poorly than the S&P 500 and the MSCI USA Sector Neutral Quality Index last year, while being less volatile than both indexes. ### Fidelity Corporate Bond ETF (FCOR) Expense Ratio: 0.36% Income is a vital part of the retirement equation and while high-yield corporate bonds may be too risky for some retirees, higher quality corporates can be useful for many retirees. The Fidelity Corporate Bond ETF (NYSEARCA:FCOR) is actively managed and is one of the better income ideas among Fidelity ETFs for income-focused investors. FCOR's duration of 6.70 years indicates this is an intermediate-term fund. A 30-day SEC yield of 4.23% compares favorably with many of the passively managed alternatives in this category of bond funds. This Fidelity ETF holds almost 230 bonds with an 18% weight to corporate debt designated as junk bonds. * 7 Sector ETFs to Buy for 2019 and Beyond FCOR is a global fund, but about 72% of its holdings are domestic issuers. This Fidelity ETF is outperforming the largest investment-grade corporate bond ETF over the past 12 months. ### Fidelity High Dividend ETF (FDVV) Expense Ratio: 0.29% This is one of the best Fidelity ETFs for investors seeking an above-average stream of equity income. The Fidelity High Dividend ETF (NYSEARCA:FDVV) proves as much with a trailing 12-month distribution yield of 4.04%, or almost double the dividend yield on the S&P 500. Many high dividend strategies are heavily allocated to sectors, such as real estate and utilities, that are inversely correlated to Treasury yields, explaining why some high dividend ETFs slumped last year. While FDVV finished 2018 lower, the Fidelity ETF was significantly less bad than the two largest high-yield dividend ETFs in 2018. FDVV devotes over 18% of its weight to tech stocks (high among this type of dividend fund) and just 0.55% to consumer staples names (below the category average). Last year's steadiness was meaningful as this Fidelity ETF is the best-performing domestic large-cap high dividend ETF to start 2019. As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Machine-Learning Stocks to Buy for a Smarter Portfolio * 10 Stocks to Sell in February * 10 Triple-A Stocks to Buy in February Compare Brokers The post 5 Best Fidelity ETFs for Retirement Savers appeared first on InvestorPlace.
Volatility is back, and that has investors on the defensive. Huge market swings over prolonged periods of time can be a nightmare, prompting investors to make rash decisions that ultimately hamper their portfolios. And that's precisely what low-volatility exchange-traded funds (ETFs) are built to battle. Emotions can be an investor's worst enemy: Big declines trigger fear. No one wants to lose money, and they certainly don't want to lose more money. The problem? Some stocks sell off on their own merits, while others merely get temporarily caught up in the current, only to return to proper valuations once volatility has subsided. But anyone who bailed on the way down cemented their losses while leaving themselves out of the recovery. These seven low-volatility ETFs help fight this instinct. Low-vol funds use different strategies to create portfolios that should be more stabile than the broader market. Not only can that help minimize losses during downturns, but the lack of volatility can help calm investors and prevent them from making rash exits from the market. Take a look. SEE ALSO: The 27 Best Mutual Funds in 401(k) Retirement Plans
Among exchange-traded funds (ETFs), departures have recently been widespread with investors yanking money from a variety of equity and fixed income funds. Low volatility ETFs can help investors stay engaged with stocks during tumultuous times. A perk of low volatility ETFs is that these funds are designed to endure lower drawdowns when stocks decline, but the rub is that they do not capture all the upside delivered in strong trending bull markets.
Renewed trade clash between the United States and China has prompt investors to re-access their portfolio, leading to higher demand for lower-risk securities.