Fidelity Investments is a well-known investment management company that offers a wide range of investment products, including exchange-traded funds (ETFs). With over 30 ETFs to choose from, it can be difficult to decide which ones to add to your portfolio. Here are top 5 Fidelity ETFs to consider adding to your portfolio in 2023.
- Fidelity MSCI Information Technology Index ETF (FTEC)
FTEC is an ETF that tracks the performance of the MSCI USA IMI Information Technology Index. This ETF invests in companies in the information technology sector, including large-cap, mid-cap, and small-cap companies. With technology becoming increasingly important in our daily lives, FTEC can provide exposure to this growing sector.
- Fidelity MSCI Consumer Discretionary Index ETF (FDIS)
FDIS is an ETF that tracks the performance of the MSCI USA IMI Consumer Discretionary Index. This ETF invests in companies in the consumer discretionary sector, including retail, media, and leisure companies. With consumer spending accounting for a large portion of the economy, FDIS can provide exposure to this important sector.
- Fidelity MSCI Health Care Index ETF (FHLC)
FHLC is an ETF that tracks the performance of the MSCI USA IMI Health Care Index. This ETF invests in companies in the healthcare sector, including pharmaceuticals, biotechnology, and healthcare equipment companies. With an aging population and increasing healthcare spending, FHLC can provide exposure to this growing sector.
- Fidelity MSCI Industrials Index ETF (FIDU)
FIDU is an ETF that tracks the performance of the MSCI USA IMI Industrials Index. This ETF invests in companies in the industrial sector, including aerospace, defense, and transportation companies. With infrastructure spending expected to increase in the coming years, FIDU can provide exposure to this important sector.
- Fidelity MSCI Real Estate Index ETF (FREL)
FREL is an ETF that tracks the performance of the MSCI USA IMI Real Estate Index. This ETF invests in companies in the real estate sector, including real estate investment trusts (REITs) and real estate management companies. With real estate being a key component of many investors’ portfolios, FREL can provide exposure to this sector.
Fidelity offers a range of ETFs to choose from, but these top 5 ETFs can provide exposure to some of the most important sectors of the economy. By adding these ETFs to your portfolio in 2023, you can potentially benefit from the growth of these sectors and diversify your investments. However, it’s important to do your own research and consult with a financial advisor before making any investment decisions.