FSTA ISSUER
The Fidelity MSCI Consumer Staples Index ETF (FSTA) is managed by Fidelity Investments, a renowned asset management company with a strong reputation in the financial industry. Launched to the public in October 2013, FSTA seeks to replicate the performance of the MSCI USA IMI Consumer Staples 25/50 Index, which reflects the consumer staples sector's performance in the U.S. equity market. Fidelity employs a representative sampling indexing strategy to manage the fund, aiming to provide investors with exposure to the consumer staples sector while maintaining an investment profile similar to the index.
FSTA DIVIDEND
The Fidelity MSCI Consumer Staples Index ETF (FSTA) primarily focuses on tracking the performance of the consumer staples sector in the U.S. equity market rather than emphasizing dividends. However, dividend distributions in FSTA are influenced by the individual dividend policies and performances of the constituent companies within its underlying index, the MSCI USA IMI Consumer Staples 25/50 Index. These distributions typically occur on a periodic basis, and FSTA employs a representative sampling indexing strategy to manage the fund, aiming to replicate the investment profile of the index. While the focus remains on sector performance, investors in FSTA may still benefit from some dividend returns as a result of its constituent companies' dividend activities.
FSTA TRACKING
FSTA, or the Fidelity MSCI Consumer Staples Index ETF, follows a tracking strategy that revolves around the MSCI USA IMI Consumer Staples Index. This ETF invests in a broad range of U.S. consumer staples companies, covering sectors like food, beverages, household and personal products. By aligning with the MSCI index, FSTA seeks to provide investors with exposure to the performance of the U.S. consumer staples sector, making it a valuable tool for those interested in capturing the dynamics of this essential segment within the equity market.
FSTA CORRELATION
The correlation aspect of the Fidelity MSCI Consumer Staples Index ETF (FSTA) is vital for investors looking to gain exposure to the consumer staples sector in the U.S. equity market. As FSTA seeks to track the MSCI USA IMI Consumer Staples 25/50 Index, it typically exhibits a strong correlation with the performance of consumer staples companies in the United States. This high correlation can provide investors with insights into the sector's overall health and can be valuable for portfolio diversification within the consumer staples industry. To delve deeper into FSTA's correlations with other assets and sectors, investors can utilize the ETF Insider web app, which offers comprehensive data and visualization tools to uncover overlaps and potential opportunities.
FSTA SECTOR
The Fidelity MSCI Consumer Staples Index ETF (FSTA) focuses on the consumer staples sector in the U.S. equity market. It seeks to replicate the performance of the MSCI USA IMI Consumer Staples 25/50 Index. This ETF invests at least 80% of its assets in securities included in the underlying index, offering investors exposure to companies in the consumer staples sector, which includes essential products and services like food, beverages, household goods, and healthcare. FSTA employs a representative sampling indexing strategy to achieve its investment objectives, providing investors with a diversified approach to this stable and defensive sector within the market.
FSTA EXPOSURE
The exposure characteristic of the Fidelity MSCI Consumer Staples Index ETF (FSTA) centers on providing investors with targeted access to the consumer staples sector within the U.S. equity market. This ETF seeks to track the performance of the MSCI USA IMI Consumer Staples 25/50 Index, which includes companies operating in industries such as food and beverage, household products, and retail. By investing at least 80% of its assets in securities from the underlying index, FSTA aims to offer investors exposure to this defensive sector, which typically exhibits stability and resilience, even during economic downturns. For more in-depth insights into FSTA''s exposure, investors can utilize the ETF Insider web app, which provides comprehensive data, visualizations, and correlations for a better understanding of this ETF''s positioning in the consumer staples sector.