Key stats
About FIDELITY U S HIGH QUALITY ETF UNIT SER L (CAD)
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Inception date
Jan 18, 2019
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Fidelity Investments Canada ULC
The fund is passively managed to provide exposure to large- and mid-cap stocks from US that exhibit high-quality profiles. The fund employs a smart beta investment and rules-based proprietary index methodology, to provide investors with exposure to targeted strategic factors. The starting universe is composed of the largest 1,000 US stocks. Stocks are screened further based on their composite factor score, which is based on free cash flow margin, return on invested capital, and free cash flow stability. In the case of banks, only return on equity and debt to assets are used for the calculation. Size bias is removed by blending the composite score with a size factor. Within each sector, securities are selected based on the size-adjusted composite score. Between 60 to 100 stocks are selected, and sector groups with higher return on invested capital are given more weight. The index is rebalanced semi-annually.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Consumer Non-Durables
Consumer Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
FCUQ trades at 65.28 CAD today, its price has risen 0.09% in the past 24 hours. Track more dynamics on FCUQ price chart.
FCUQ net asset value is 65.28 today — it's risen 2.42% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
FCUQ assets under management is 1.22 B CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
FCUQ price has risen by 1.70% over the last month, and its yearly performance shows a 12.65% increase. See more dynamics on FCUQ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.42% over the last month, showed a 16.39% increase in three-month performance and has increased by 12.87% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.42% over the last month, showed a 16.39% increase in three-month performance and has increased by 12.87% in a year.
FCUQ fund flows account for 586.97 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
FCUQ invests in stocks. See more details in our Analysis section.
FCUQ expense ratio is 0.39%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, FCUQ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, FCUQ technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FCUQ shows the buy signal. See more of FCUQ technicals for a more comprehensive analysis.
Today, FCUQ technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating FCUQ shows the buy signal. See more of FCUQ technicals for a more comprehensive analysis.
Yes, FCUQ pays dividends to its holders with the dividend yield of 0.83%.
FCUQ trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
FCUQ shares are issued by FMR LLC
FCUQ follows the Fidelity Canada U.S. High Quality Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 18, 2019.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.