Fidelity New Millennium Etf Profile
| FMIL Etf | USD 47.11 0.38 0.81% |
PerformanceInsignificant
| Odds Of DistressLow
|
Fidelity New is selling for 47.11 as of the 25th of June 2025. This is a 0.81 percent increase since the beginning of the trading day. The etf's lowest day price was 46.47. Fidelity New has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 27th of March 2025 and ending today, the 25th of June 2025. Click here to learn more.
Identifying early signs of long-term changes in the marketplace and focusing on those companies that may benefit from opportunities created by these changes by examining technological advances, product innovation, economic plans, demographics, social attitudes, and other factors, which can lead to investments in small and medium-sized companies. More on Fidelity New Millennium
Moving together with Fidelity Etf
| 0.94 | VTI | Vanguard Total Stock | PairCorr |
| 0.94 | SPY | SPDR SP 500 | PairCorr |
| 0.94 | IVV | iShares Core SP | PairCorr |
| 0.93 | VIG | Vanguard Dividend | PairCorr |
| 0.94 | VV | Vanguard Large Cap | PairCorr |
| 0.92 | RSP | Invesco SP 500 | PairCorr |
Moving against Fidelity Etf
Fidelity Etf Highlights
| Business Concentration | Large Blend, Fidelity Investments (View all Sectors) |
| Country Name | USA |
| Returns Y T D | 3.22 |
| Name | Fidelity New Millennium ETF |
| Currency Code | USD |
| In Threey Volatility | 17.14 |
| 1y Volatility | 12.39 |
| 200 Day M A | 45.76 |
| 50 Day M A | 45.0606 |
| Code | FMIL |
| Updated At | 25th of June 2025 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.73 |
| Type | ETF |
Fidelity New Millennium [FMIL] is traded in USA and was established 2020-06-02. The fund is listed under Large Blend category and is part of Fidelity Investments family. Fidelity New Millennium currently have 59.74 M in assets under management (AUM). , while the total return for the last 3 years was 22.2%.
Check Fidelity New Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Fidelity Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Fidelity Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Fidelity New Millennium Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Fidelity New Millennium Etf Constituents
| AIG | American International Group | Stock | Financials | |
| BAC | Bank of America | Stock | Financials | |
| BMY | Bristol Myers Squibb | Stock | Health Care | |
| CMCSA | Comcast Corp | Stock | Communication Services | |
| CSCO | Cisco Systems | Stock | Information Technology | |
| GE | GE Aerospace | Stock | Industrials | |
| HES | Hess Corporation | Stock | Energy | |
| LLY | Eli Lilly and | Stock | Health Care |
Fidelity New Millennium Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Fidelity New. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Mean Deviation | 1.06 | |||
| Semi Deviation | 1.69 | |||
| Standard Deviation | 1.86 | |||
| Variance | 3.48 |
Fidelity New Millennium Technical Analysis
Transformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Fidelity New Millennium Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Fidelity New price patterns.
Fidelity New Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fidelity New Millennium. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
The market value of Fidelity New Millennium is measured differently than its book value, which is the value of Fidelity that is recorded on the company's balance sheet. Investors also form their own opinion of Fidelity New's value that differs from its market value or its book value, called intrinsic value, which is Fidelity New's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fidelity New's market value can be influenced by many factors that don't directly affect Fidelity New's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fidelity New's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fidelity New is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fidelity New's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.