Fidelity High Ownership
| FCUQ Etf | CAD 65.36 0.05 0.08% |
Fidelity |
Fidelity Etf Ownership Analysis
The fund generated five year return of 16.0%. Fidelity High Quality retains 99.99% of assets under management (AUM) in equities. The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Fidelity Canada U.S. FIDELITY is traded on Toronto Stock Exchange in Canada. To learn more about Fidelity High Quality call the company at 800-263-4077.Top Etf Constituents
| CL | Colgate Palmolive | Stock | |
| XOM | Exxon Mobil Corp | Stock | |
| NVDA | NVIDIA | Stock | |
| PM | Philip Morris International | Stock | |
| EOG | EOG Resources | Stock | |
| AAPL | Apple Inc | Stock | |
| MSFT | Microsoft | Stock | |
| MO | Altria Group | Stock | |
| PG | Procter Gamble | Stock | |
| TPL | Texas Pacific Land | Stock |
Fidelity High Outstanding Bonds
Fidelity High issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Fidelity High Quality uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Fidelity bonds can be classified according to their maturity, which is the date when Fidelity High Quality has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| BNP Paribas FRN Corp BondUSF1R15XK367 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Pair Trading with Fidelity High
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Fidelity High position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Fidelity High will appreciate offsetting losses from the drop in the long position's value.Moving together with Fidelity Etf
| 0.96 | XSP | iShares Core SP | PairCorr |
| 0.98 | ZSP | BMO SP 500 | PairCorr |
| 0.98 | VFV | Vanguard SP 500 | PairCorr |
| 0.98 | HXS | Global X SP | PairCorr |
| 0.98 | XUS | iShares Core SP | PairCorr |
The ability to find closely correlated positions to Fidelity High could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Fidelity High when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Fidelity High - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Fidelity High Quality to buy it.
The correlation of Fidelity High is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Fidelity High moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Fidelity High Quality moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Fidelity High can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Fidelity Etf
Fidelity High financial ratios help investors to determine whether Fidelity Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fidelity with respect to the benefits of owning Fidelity High security.