Key stats
About Fidelity Digital Health ETF
Home page
Inception date
Oct 5, 2021
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Corp.
FDHT is passively-managed to provide vanilla exposure to the digital health industry. The index takes from a global universe of companies across the market-cap spectrum that derive at least 50% of their revenue from digital healthcare products & services or connected medical devices. This includes healthcare records management, connected healthcare devices, surgical robotics, and telemedicine. Stocks are ranked by thematic exposure, which is determined based on a natural language processing (NLP) score. The index includes the highest-scoring securities and weights the resulting portfolio on a capped, market-capitalization basis. The index is rebalanced quarterly
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Health Technology
Technology Services
Health Services
Stocks99.99%
Health Technology49.41%
Technology Services22.50%
Health Services18.16%
Commercial Services3.02%
Electronic Technology2.85%
Distribution Services1.92%
Finance1.65%
Retail Trade0.48%
Bonds, Cash & Other0.01%
Cash0.01%
Stock breakdown by region
North America62.41%
Europe18.07%
Oceania9.97%
Asia9.55%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history