FDRV - ETF AI Analysis
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Fidelity Electric Vehicles and Future Transportation ETF (FDRV)
Rating:59Neutral
Price Target:―
Positive Factors
Targeted Exposure to EV and Future Transport Theme
The ETF focuses on companies tied to electric vehicles and next‑generation transportation, giving investors direct access to a fast‑evolving growth area.
Global Diversification
Holdings spread across the U.S., Hong Kong, Europe, and other regions help reduce the impact of problems in any single country.
Strong Year‑to‑Date Performance
Despite recent short‑term weakness, the fund’s overall performance so far this year has been positive, showing resilience in a volatile sector.
Negative Factors
High Concentration in a Few Stocks
The top holdings each carry meaningful weight, so sharp moves in a handful of companies can strongly affect the ETF’s returns.
Many Lagging Top Holdings
Several of the largest positions, including major EV makers and related firms, have shown weak performance this year, which can drag on the fund.
Sector Concentration Risk
Heavy exposure to consumer cyclical and technology sectors means the ETF is sensitive to economic cycles and shifts in investor sentiment toward growth stocks.
FDRV vs. SPDR S&P 500 ETF (SPY)
AUM23.67M
RegionGlobal
Expense Ratio0.39%
Beta1.32
IssuerFidelity
Inception DateOct 05, 2021
Dividend Yield1.34%
Asset ClassEquity
Index TrackedFidelity Electric Vehicles and Future Transportation Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,174
30 Day Avg. Volume5,730
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
24.11Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering50
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FDRV Summary
FDRV is the Fidelity Electric Vehicles and Future Transportation ETF, which follows the Fidelity Electric Vehicles and Future Transportation Index. It focuses on the theme of future mobility, mainly electric cars and the technology that supports them, such as batteries, charging networks, and self-driving systems. The fund holds well-known companies like Tesla and Uber, along with other global EV makers and suppliers. Someone might invest in FDRV to seek long-term growth from the worldwide shift toward cleaner transportation and to get diversified exposure across many EV-related firms. A key risk is that it is heavily tied to the electric vehicle sector, so its price can swing a lot with changes in EV demand and technology trends.
How much will it cost me?The Fidelity Electric Vehicles and Future Transportation ETF (FDRV) has an expense ratio of 0.4%, which means you’ll pay $4 per year for every $1,000 you invest. This is slightly higher than the average for passively managed ETFs because it focuses on a specialized sector, requiring more research and management to track the electric vehicle and future transportation industry.
What would affect this ETF?The Fidelity Electric Vehicles and Future Transportation ETF (FDRV) could benefit from the global push toward sustainability, government incentives for electric vehicles (EVs), and advancements in EV technology, which support the growth of its top holdings like Tesla and BYD. However, potential risks include rising interest rates, which can increase borrowing costs for companies in the EV sector, and supply chain disruptions, particularly in critical components like semiconductors and batteries, which could impact key holdings such as Infineon Technologies and NXP Semiconductors.
FDRV Top 10 Holdings
FDRV is riding the global EV and mobility wave, with Uber and Lyft acting as key growth engines thanks to rising share prices and improving fundamentals in ride-hailing. Tesla, once the star of the show, has been more of a roller coaster lately, with recent gains not fully offsetting a weaker stretch that’s been dragging on the fund. Chinese EV giant BYD and battery leader CATL add important exposure to Asia, though their performance has been more mixed. Semiconductor names like NXP and Infineon round out a clear tech-and-transport theme, giving the ETF a concentrated bet on the future of how people and goods move.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Tesla | 4.87% | $1.17M | $1.50T | -10.73% | 73 Outperform | |
| Infineon Technologies AG | 4.72% | $1.13M | €78.25B | 61.94% | 67 Neutral | |
| NXP Semiconductors | 4.71% | $1.13M | $59.91B | 1.48% | 70 Neutral | |
| BYD Co | 4.31% | $1.03M | HK$811.35B | -26.81% | 66 Neutral | |
| Uber Technologies | 4.15% | $996.59K | $142.75B | -29.08% | 74 Outperform | |
| Contemporary Amperex Technology Co., Limited Class H | 4.13% | $991.20K | HK$1.69T | -7.37% | 68 Neutral | |
| Rivian Automotive | 3.87% | $930.44K | $21.92B | -1.92% | 61 Neutral | |
| Aptiv | 3.28% | $786.64K | $9.26B | -48.56% | 70 Outperform | |
| Aurora Innovation | 3.14% | $753.08K | $12.95B | 8.41% | 55 Neutral | |
| Autoliv | 2.93% | $703.13K | $8.70B | -7.53% | 78 Outperform |
FDRV Technical Analysis
Negative
―
Price Trends
17.38
Negative
18.45
Negative
17.73
Negative
Market Momentum
-0.31
Negative
39.17
Neutral
25.65
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDRV, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 16.73, equal to the 50-day MA of 17.38, and equal to the 200-day MA of 17.73, indicating a bearish trend. The MACD of -0.31 indicates Negative momentum. The RSI at 39.17 is Neutral, neither overbought nor oversold. The STOCH value of 25.65 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FDRV.
FDRV Peer Comparison
Comparison Results
Performance Comparison
FDRV
Fidelity Electric Vehicles and Future Transportation ETF
16.38
-1.00
-5.75%
FFND
Future Fund Active ETF
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CARZ
First Trust NASDAQ Global Auto Index Fund
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MOTO
SmartETFs Smart Transportation & Technology ETF
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CABZ
Roundhill Robotaxi, Autonomous Vehicles & Technology ETF
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WATS
Corgi Battery Energy Storage Systems ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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