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FDMIF

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    2.4586$
  • Previous Close
    2.5009$
  • 52 Week Change
    2.79$
  • Day Range
    -0.04$
  • 52 Week High/Low
    1.57$ - 4.36$
  • Dividend Per Share
    --
  • Market cap
    244 M$
  • EPS
    --
  • Beta
    0.323
  • Volume
    --

About

Fidelity Dynamic Multifactor International Equity ETF (FDMIF.US) is an exchange-traded fund seeking to provide investment results that correspond to the performance of the Fidelity International Developed Markets Multifactor Index. This index utilizes a quantitative model to select stocks from developed international markets (excluding the US and Canada) based on factors such as value, momentum, quality, and low volatility, aiming to outperform the broader international equity market over time. The fund's objective is long-term capital appreciation, achieved by investing primarily in securities included in the index and using a full replication or representative sampling strategy.
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Factors

Company Performance: Strong earnings reports and positive growth forecasts typically drive the stock price up. Conversely, poor financial performance can lead to a price decrease. Industry Trends: The overall health and performance of the financial services industry significantly influences FDMIF.US's stock price. A booming industry often benefits individual companies. Economic Conditions: Broad economic factors such as interest rates, inflation, and GDP growth impact investor sentiment and overall market performance, subsequently affecting stock prices. Regulatory Environment: Changes in financial regulations and government policies can create uncertainty or opportunity, influencing the attractiveness of financial institutions' stocks. Market Sentiment: General investor optimism or pessimism regarding the stock market can cause price fluctuations unrelated to FDMIF.US's specific performance. Competitive Landscape: The actions and performance of FDMIF.US's competitors influence its market share and profitability, thus impacting the stock price.

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