Fidelity Disruptive Medicine ETF (FMED)
| Assets | $64.46M |
| Expense Ratio | 0.50% |
| PE Ratio | 44.66 |
| Shares Out | 2.32M |
| Dividend (ttm) | $0.11 |
| Dividend Yield | 0.41% |
| Ex-Dividend Date | Dec 20, 2024 |
| Payout Frequency | n/a |
| Payout Ratio | 18.38% |
| Volume | 10,636 |
| Open | 27.40 |
| Previous Close | 27.46 |
| Day's Range | 27.16 - 27.42 |
| 52-Week Low | 20.69 |
| 52-Week High | 29.07 |
| Beta | 0.98 |
| Holdings | 74 |
| Inception Date | Apr 16, 2020 |
About FMED
Fund Home PageThe Fidelity Disruptive Medicine ETF (FMED) is an exchange-traded fund that mostly invests in health care equity. The fund is an actively managed fund that invests in companies involved in disruptive innovation in Health Care. The fund invests in securities of domestic and foreign issuers FMED was launched on Apr 16, 2020 and is issued by Fidelity.
Top 10 Holdings
36.93% of assets| Name | Symbol | Weight |
|---|---|---|
| Fidelity Securities Lending Cash Central Fund | n/a | 4.93% |
| Boston Scientific Corporation | BSX | 4.28% |
| argenx SE | ARGX | 4.17% |
| Cogent Biosciences, Inc. | COGT | 4.11% |
| Alnylam Pharmaceuticals, Inc. | ALNY | 3.75% |
| UCB SA | UCB | 3.57% |
| Danaher Corporation | DHR | 3.44% |
| Insulet Corporation | PODD | 2.93% |
| Penumbra, Inc. | PEN | 2.89% |
| Intuitive Surgical, Inc. | ISRG | 2.87% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.112 | Dec 24, 2024 |
| Jun 21, 2024 | $0.001 | Jun 25, 2024 |
Performance
FMED had a total return of 7.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.53%.
News
AI Opens The Door to This Active Healthcare ETF
Like many sectors, the healthcare industry is poised for disruption from artificial intelligence (AI) technology, which may create an investment opportunity for the Fidelity Disruptive Medicine ETF (F...
First Look At FMED: Poor Performance Merits A Strong Sell Rating
Fidelity Disruptive Medicine ETF invests in innovative healthcare companies, focusing on sectors like robotic surgery, genomics, and advanced diagnostics, aiming to disrupt traditional medical practic...
Why traditional active managers are joining the ETF space
Greg Friedman, head of ETF management and strategy at Fidelity Investments, joins 'Halftime Report' to discuss a spike in ETF flows going to active management, Fidelity's decision to convert mutual fu...