Fidelity® MSCI Communication Services Index ETF(FCOM)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
2-STAR RATING
Consider higher Upturn Star rating
BUY for 20 days
PROFIT SINCE LAST BUY
-2.28% ▼
LAST CLOSE
$71.89
10/09/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for methodology, assumptions, and limitations.

Upturn Advisory & Investor View for FCOM

10/09/2026: FCOM (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Fidelity® MSCI Communication Services Index ETF (FCOM) provides targeted exposure to the U.S. communication services sector, including internet, media, and telecommunications companies. It achieves this by tracking the MSCI USA IMI Communication Services 25/50 Index, offering investors a low-cost, efficient way to gain exposure to digital growth. Its key strengths lie in its ultra-low expense ratio, the reputable backing of Fidelity, and strong liquidity. The primary risks involve significant concentration in a few large-cap holdings and susceptibility to sector-specific regulatory or economic headwinds. It is best suited for long-term growth-oriented investors who should monitor corporate regulatory developments and interest rate trends.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitThe portfolio is concentrated in high-growth, technology-driven communication companies.
Momentum investorStrong fit while signal remains positiveThis sector often leads broader market rallies when growth stocks are in favor.
Value investorMixed fitThe sector includes high-valuation tech stocks that may not meet traditional value screening criteria.
Dividend/Income investorMixed fitWhile some legacy telecom holdings provide yield, the fund is primarily growth-oriented rather than income-focused.
Low-risk investorWeak fitThe high concentration in tech-heavy communication stocks results in volatility that may exceed conservative risk tolerances.

Investor Profile

Ideal Investor Profile

The ideal investor is an individual seeking long-term growth through exposure to the communication and digital media industries who is comfortable with sector-specific volatility.

Suitability

FCOM is best suited for long-term investors or as a tactical component in a well-diversified growth portfolio, rather than for active day trading.

Risk Profile

Risk factorLevelWhy it matters
VolatilityHighThe concentrated nature of the sector and exposure to mega-cap growth stocks lead to price swings.
Market riskMedium / highBroad market downturns typically impact high-beta growth sectors more severely than the general market.
ConcentrationHighA significant portion of the fund is tied to a few large-cap companies, increasing sensitivity to individual company performance.
Tracking/expenseLowThe low expense ratio and efficient structure result in minimal tracking error relative to the index.
LiquidityLowThe fund holds highly liquid, large-cap stocks, ensuring ease of trading for most investors.
Business/sector qualityMediumThe sector is subject to rapid technological shifts and significant regulatory scrutiny.

Risk Analysis

Volatility

FCOM exhibits higher-than-average historical volatility due to its concentration in growth-oriented technology and media companies.

Market Risk

The primary risk is the sector's sensitivity to macroeconomic conditions, including interest rate changes and consumer spending trends.

What the ETF Owns

Exposure TypeExposureWeight (%)Retail Investor Read
SectorCommunication Services (Large-Cap Tech, Media, and Telecom)99.5This provides broad, diversified exposure to the companies driving the internet, digital media, and telecommunications landscape.
Cash/collateralCash and Cash Equivalents0.5A small portion of the portfolio is held in cash to manage daily liquidity needs and settlement activities.

Price Behavior

Flat / Range-Bound
PRICE PATH

Flat / Range-Bound

The stock price has been trading within a narrow range with minimal directional movement.

Very Smooth
PRICE STABILITY

Very Smooth

The stock has followed a highly orderly price path with minimal short-term disruption.

Analysis of Past Performance

Type ETF
Historic Profit 42.31%
Avg. Invested days 70
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
ETF Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/09/2026
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Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.