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FESIX

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

Analysis and statistics

  • Open
    5.2424$
  • Previous Close
    5.2424$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FESIX.US refers to Fidelity Environmental and Social Focus Index Fund. It is an exchange-traded fund (ETF) managed by Fidelity that aims to track the performance of an index composed of U.S. companies that demonstrate a strong focus on environmental, social, and governance (ESG) factors. The fund offers investors exposure to companies with high ESG ratings, aiming to provide a socially responsible investment option that aligns with sustainability principles. The fund seeks to replicate the return of the Fidelity Environmental and Social Focus Index, before fees and expenses.
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Factors

Market Interest Rates: Rising interest rates typically cause bond prices to fall, decreasing the value of FESIX.US.

Credit Quality: Downgrades in the credit ratings of bonds held by the fund can lower its net asset value.

Economic Growth: Stronger economic growth might lead to higher interest rates and lower bond prices.

Inflation: Rising inflation erodes the real value of fixed-income investments, negatively affecting FESIX.US.

Fund Management: The fund manager's investment decisions and strategies impact performance and value.

Supply and Demand: Increased selling pressure can lower the price of FESIX.US, while higher demand can increase it.

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