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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Consumer Non-Durables
Consumer Services
Stocks99.88%
Technology Services23.89%
Electronic Technology18.47%
Consumer Non-Durables12.18%
Consumer Services11.44%
Retail Trade7.27%
Finance6.02%
Energy Minerals5.44%
Producer Manufacturing5.36%
Health Technology3.10%
Transportation2.84%
Miscellaneous2.07%
Commercial Services1.21%
Health Services0.30%
Communications0.28%
Bonds, Cash & Other0.12%
Cash0.12%
Stock breakdown by region
North America99.36%
Europe0.64%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FCUQ invests in stocks. The fund's major sectors are Technology Services, with 23.89% stocks, and Electronic Technology, with 18.47% of the basket. The assets are mostly located in the North America region.
FCUQ top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 6.46% and 6.26% of the portfolio correspondingly.
FCUQ last dividends amounted to 0.13 CAD. The quarter before, the issuer paid 0.13 CAD in dividends, which shows a 2.47% decrease.
FCUQ assets under management is 1.22 B CAD. It's risen 8.66% over the last month.
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.
Yes, FCUQ pays dividends to its holders with the dividend yield of 0.83%. The last dividend (Jun 30, 2025) amounted to 0.13 CAD. The dividends are paid quarterly.
FCUQ shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Jan 18, 2019, and its management style is Passive.
FCUQ expense ratio is 0.39% meaning you'd have to pay 0.39% of your investment to help manage the fund.
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.
FCUQ invests in stocks.
FCUQ price has risen by 1.86% over the last month, and its yearly performance shows a 12.73% 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 trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.