FIDU Stock Summary and Trading Ideas (Fidelity MSCI Industrials Index ETF | ARCA:FIDU)

The ETF seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Industrials 25/25 Index. The MSCI USA IMI Industrials 25/25 Index is a modified market capitalization-weighted index that captures the large, mid, and small cap segments of the USA market. All securities in the index are classified in the Industrials sector according to the Global Industry Classification Standard

Fidelity MSCI Industrials Index ETF trades on the ARCA stock market under the symbol FIDU.

As of April 23, 2024, FIDU stock price climbed to $65.85 with 289,199 million shares trading.

FIDU has a beta of 1.11, meaning it tends to be more sensitive to market movements. FIDU has a correlation of 0.80 to the broad based SPY ETF.

FIDU has a market cap of $1.04 billion. This is considered a Small Cap stock.

In the last 3 years, FIDU stock traded as high as $67.98 and as low as $43.51.

FIDU has outperformed the market in the last year with a return of +27.0%, while the SPY ETF gained +24.3%. In the last 3 month period, FIDU beat the market returning +8.6%, while SPY returned +4.9%. However, in the most recent 2 weeks FIDU has underperformed the stock market by returning -2.5%, while SPY returned -2.5%.

FIDU support price is $64.22 and resistance is $65.52 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FIDU stock will trade within this expected range on the day.