Fidelity Disruptive Medicine ETF (FMED)
| Assets | $54.36M |
| Expense Ratio | 0.50% |
| PE Ratio | 40.81 |
| Shares Out | 2.22M |
| Dividend (ttm) | $0.11 |
| Dividend Yield | 0.46% |
| Ex-Dividend Date | Dec 20, 2024 |
| Payout Frequency | n/a |
| Payout Ratio | 18.71% |
| Volume | 5,021 |
| Open | 24.40 |
| Previous Close | 24.24 |
| Day's Range | 24.40 - 24.67 |
| 52-Week Low | 20.69 |
| 52-Week High | 26.79 |
| Beta | 1.01 |
| Holdings | 71 |
| 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
37.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Alnylam Pharmaceuticals, Inc. | ALNY | 5.45% |
| Boston Scientific Corporation | BSX | 5.26% |
| argenx SE | ARGX | 4.22% |
| Insulet Corporation | PODD | 3.75% |
| UCB SA | UCB | 3.48% |
| Veeva Systems Inc. | VEEV | 3.42% |
| Danaher Corporation | DHR | 3.20% |
| Penumbra, Inc. | PEN | 3.12% |
| Fidelity Securities Lending Cash Central Fund | n/a | 3.05% |
| Exact Sciences Corporation | EXAS | 3.05% |
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 -5.29% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.60%.
News
Investing in the Future of Healthcare
Healthcare has been the worst-performing sector in the S&P 500 this year. But when it comes to unlocking potential capital growth ahead, that may not be all bad news.
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...