Key stats
About FIDELITY INVESTMENTS CANADA ULC ADVANTAGE ETHER ETF
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Inception date
Sep 26, 2022
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Primary advisor
Fidelity Investments Canada ULC
The fund directly invests in ether from acceptable sources. Ether, which is the native digital currency of the Ethereum Network, is stored using the issuers in-house storage services. The fund substantially invests only in ether. Each ether source serves as a spot market where the digital currency can be exchanged for US dollars or, in some cases, Canadian dollars. The portfolio manager conducts due diligence on each proposed ether source, confirming its reputation and stability through research of executive officers and significant shareholders. The fund confirms that the ether source complies with anti-money laundering regulations and maintains appropriate know-your-client policies and procedures. The fund is subject to certain conflicts of interest, such as covering all charges prior to an investor receiving any return on investment. An investment in the ETF is not guaranteed by any entity. The fund does not hedge its USD/CAD currency exposure against losses caused by changes in the exchange rate.
Related funds
Classification
Geography
Global
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
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.
FETH trades at 55.04 CAD today, its price has risen 6.77% in the past 24 hours. Track more dynamics on FETH price chart.
FETH net asset value is 54.88 today — it's risen 11.97% 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.
FETH assets under management is 52.97 M 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.
FETH price has risen by 6.54% over the last month, and its yearly performance shows a −5.33% decrease. See more dynamics on FETH price chart.
NAV returns, another gauge of an ETF dynamics, showed a 88.76% increase in three-month performance and has decreased by −3.26% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 88.76% increase in three-month performance and has decreased by −3.26% in a year.
FETH fund flows account for 38.57 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.
FETH invests in cash. See more details in our Analysis section.
FETH expense ratio is 0.95%. 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, FETH 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, FETH technical analysis shows the strong 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 FETH shows the buy signal. See more of FETH technicals for a more comprehensive analysis.
Today, FETH technical analysis shows the strong 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 FETH shows the buy signal. See more of FETH technicals for a more comprehensive analysis.
No, FETH doesn't pay dividends to its holders.
FETH trades at a premium (0.29%).
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.
FETH shares are issued by FMR LLC
FETH follows the ETH/CAD Exchange Rate - CAD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 26, 2022.
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.