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ETFs

Fidelity Sustainable U.S. Equity ETF

FSST
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 15, 2021
Expense Ratio
0.59%
Type
US Equities
Fund Owner
Fidelity
Volume (1m avg. daily)
$21,715
AUM
$9,614,284
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

MSFT
Microsoft Corporation
8.72%
IVW
BlackRock Institutional Trust Company N.A. - iShares S&P 500 Growth ETF
6.82%
IJJ
BlackRock Institutional Trust Company N.A. - iShares S&P Mid-Cap 400 Value ETF
6.22%
CRM
Salesforce Inc
3.15%
NVDA
NVIDIA Corp
3.01%
PG
Procter & Gamble Co.
2.89%
CI
Cigna Group (The)
2.79%
TRV
Travelers Companies Inc.
2.63%
ACN
Accenture plc - Ordinary Shares - Class A
2.60%
MRK
Merck & Co Inc
2.20%
Invest with FSST

What is FSST?

The fund seeks long-term growth of capital. Normally investing at least 80% of assets in equity securities of U.S. companies that Fidelity Management & Research Company LLC (FMR) believes have proven or improving sustainability practices based on an evaluation of such companies individual environmental, social, and governance (ESG) profile.

ETFs related toFSST

ETFs correlated to FSST include SUSA, IYY, LCTU

FSST
Fidelity Covington Trust - Fidelity Sustainable U.S. Equity ETF
SUSA
BlackRock Institutional Trust Company N.A. - MSCI USA ESG Select ETF
IYY
BlackRock Institutional Trust Company N.A. - iShares Dow Jones U.S. ETF
LCTU
BlackRock ETF Trust - BlackRock U.S. Carbon Transition Readiness ETF
LRGF
BlackRock Institutional Trust Company N.A. - iShares U.S. Equity Factor ETF
DFAU
Dimensional ETF Trust - Dimensional US Core Equity Market ETF
ITOT
BlackRock Institutional Trust Company N.A. - iShares Core S&P Total U.S. Stock Market ETF
SCHB
Schwab Strategic Trust - Schwab U.S. Broad Market ETF
IWV
BlackRock Institutional Trust Company N.A. - iShares Russell 3000 ETF
SCHX
Schwab Strategic Trust - Schwab U.S. Large-Cap ETF
DFUS
Dimensional ETF Trust - Dimensional U.S. Equity ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toFSST

#CV

Controlling for Volatility

Category

Getting Defensive, Worried about Inflation?

Risk Rating

Moderate

#GLOBE

Follow the Global Trend

Category

Momentum, Lever Up, Go Global, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with FSST using Composer

FAQ

FSST is a US Equities ETF. The fund seeks long-term growth of capital. Normally investing at least 80% of assets in equity securities of U.S. companies that Fidelity Management & Research Company LLC (FMR) believes have proven or improving sustainability practices based on an evaluation of such companies individual environmental, social, and governance (ESG) profile.

Yes, FSST is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, FSST is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on FSST is -0.0146%. This is the percent change in the value of FSST over the most recent 1-month period. The 3-month return on FSST is -0.0064%. This is the percent change in the value of FSST over the most recent 3-month period.

The standard deviation of FSST for the past year is 0.1879%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to FSST include SPHQ, SPHB, and DSI.

ETFs correlated to FSST include SUSA, IYY, and LCTU.

ETFs that are inversely correlated to FSST include SH, SDS, and SPXS.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.