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Fidelity International High Quality ETF Fund Series B

International Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2021

Click for more information on Fundata’s FundGrade

NAVPS
(04-19-2024)
$13.61
Change
-$0.09 (-0.66%)

As at March 31, 2024

As at December 31, 2023

As at February 29, 2024

Period
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Legend

Fidelity International High Quality ETF Fund Series B

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Fund Returns

Inception Return (January 24, 2019): 8.38%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 1.82% 5.67% 18.94% 5.67% 12.91% 7.91% 2.73% 10.06% 7.18% - - - - -
Benchmark 3.12% 7.59% 16.68% 7.59% 15.23% 9.95% 5.89% 11.85% 7.22% 5.75% 6.70% 7.66% 6.18% 6.93%
Category Average 2.83% 15.60% 15.60% 7.06% 12.44% 8.30% 4.27% 10.73% 6.20% 4.82% 5.67% 6.45% 5.01% 5.58%
Category Rank 632 / 783 554 / 775 122 / 763 554 / 775 347 / 742 491 / 719 533 / 694 407 / 656 242 / 620 - - - - -
Quartile Ranking 4 3 1 3 2 3 4 3 2 - - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.95% -2.71% 1.11% 2.22% -3.41% -4.12% 0.23% 8.27% 3.71% -0.04% 3.83% 1.82%
Benchmark 2.76% -3.45% 1.52% 3.11% -1.30% -3.65% -1.92% 7.38% 2.98% 0.90% 3.40% 3.12%

Best Monthly Return Since Inception

13.08% (November 2022)

Worst Monthly Return Since Inception

-9.17% (January 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - 23.94% 3.87% -17.44% 16.23%
Benchmark 4.12% 19.41% -1.70% 18.37% -6.81% 16.27% 8.01% 8.97% -10.67% 15.74%
Category Average 1.55% 13.82% -2.56% 17.84% -8.91% 17.54% 7.87% 8.64% -12.60% 13.75%
Quartile Ranking - - - - - - 1 4 4 1
Category Rank - - - - - - 20/ 653 636/ 684 615/ 707 166/ 738

Best Calendar Return (Last 10 years)

23.94% (2020)

Worst Calendar Return (Last 10 years)

-17.44% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 99.79
Cash and Equivalents 0.20
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 23.25
Consumer Goods 14.61
Basic Materials 13.84
Energy 10.47
Financial Services 10.05
Other 27.78

Geographic Allocation

Geographic Allocation
Name Percent
Europe 58.06
Asia 38.73
Africa and Middle East 2.43
Multi-National 0.55
North America 0.18
Other 0.05

Top Holdings

Top Holdings
Name Percent
ASML Holding NV -
Shell PLC -
Shin-Etsu Chemical Co Ltd -
TotalEnergies SE -
Auto Trader Group PLC -
Rio Tinto PLC -
BHP Group Ltd -
Nintendo Co Ltd -
Rightmove PLC -
Sika AG -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Fidelity International High Quality ETF Fund Series B

Median

Other - International Equity

3 Yr Annualized

Standard Deviation 16.47% 15.07% -
Beta 1.15% 0.98% -
Alpha -0.04% 0.00% -
Rsquared 0.87% 0.81% -
Sharpe 0.08% 0.41% -
Sortino 0.09% 0.53% -
Treynor 0.01% 0.06% -
Tax Efficiency 79.23% - -
Volatility Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 -

Risk Rating

Rating 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.02% 16.47% 15.07% -
Beta 1.00% 1.15% 0.98% -
Alpha -0.02% -0.04% 0.00% -
Rsquared 0.88% 0.87% 0.81% -
Sharpe 0.68% 0.08% 0.41% -
Sortino 1.53% 0.09% 0.53% -
Treynor 0.08% 0.01% 0.06% -
Tax Efficiency 97.49% 79.23% - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date January 24, 2019
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Semi Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
FID6542

Investment Objectives

The Fund seeks a similar return to its underlying fund, which is also managed by Fidelity, by investing substantially all of its assets in securities of that underlying fund. The underlying fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada International High Quality Index.

Investment Strategy

The strategies described below relate to the Fund and the underlying fund, Fidelity International High Quality Index ETF. To meet the Fund’s objectives, the portfolio management team of the underlying fund: Normally invests its assets in the securities that make up the Fidelity Canada International High Quality Index (the “Index”).

Portfolio Manager(s)

Name Start Date
Fidelity Investments Canada ULC 01-18-2019
Geode Capital Management, LLC 02-06-2023

Management and Organization

Fund Manager Fidelity Investments Canada ULC
Advisor Fidelity Investments Canada ULC
Custodian State Street Trust Company Canada
Registrar Fidelity Investments Canada ULC
Distributor -
Auditor PriceWaterhouseCoopers LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.80%
Management Fee 1.45%
Load Front Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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