Summary
FSTA Chart
Should You Invest in the Fidelity MSCI Consumer Staples Index ETF (FSTA)?
Launched on October 21, 2013, the Fidelity MSCI Consumer Staples Index ETF (FSTA) is a passively managed exchange traded fund designed to provide a broad exposure to the Consumer Staples - Broad segment of the equity market.
Should Investors Raise Portfolio Allocations to Consumer Staples ETFs?
Consumer pessimism and market volatility may push investors toward defensive ETFs, strengthening the appeal of consumer staple funds.
FSTA Is Expensive, But A 'Good Watch'; Hold For Now
The Fidelity MSCI Consumer Staples Index ETF is good for diversification, low costs, and competitive returns versus peers, despite high valuations. FSTA's top holdings, WMT, COST, and PG, drive sector performance and exhibit stable cash flows, robust dividend safety, and growth grades. The consumer staples sector trades at historically elevated valuations, justified by market demand for stability amid high global debt and persistent inflation.
Fidelity MSCI Consumer Staples Index ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 32,469 | $1.61M | $1.72M | $115,798.53 | 7.2% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 23 | $923 | $1,221.76 | $298.76 | 32.37% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 6,374 | $313,113.64 | $338,363.79 | $25,250.15 | 8.06% |
 Adams Wealth Management Adams Wealth Management | 93,828 | $4.75M | $4.98M | $224,661.7 | 4.72% |
 Jeff Ameen Spire Wealth Management | 1,147 | $52,930.71 | $60,492.78 | $7,562.07 | 14.29% |
Fidelity MSCI Consumer Staples Index ETF (FSTA) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Fidelity MSCI Consumer Staples Index ETF ever had a stock split?
Fidelity MSCI Consumer Staples Index ETF Profile
| ARCA Exchange | US Country |
Overview
The company is a financial entity specializing in investment services, with a primary focus on mirroring the performance of a specific sector within the U.S. equity market. It dedicates at least 80% of its assets to securities that are a part of the fund's underlying index, the MSCI USA IMI Consumer Staples 25/50 Index. This particular index is representative of the consumer staples sector's performance in the U.S. equity market, encompassing a wide array of companies involved in the production and distribution of essential goods and services. The fund operates with a non-diversified investment strategy, which may include not holding all securities listed in the MSCI USA IMI Consumer Staples 25/50 Index. This approach allows it to potentially achieve a high level of sector-specific performance by concentrating investments in this segment of the market.
Products and Services
- Securities Investment
The primary service offered by the company involves investing in securities that are included in the MSCI USA IMI Consumer Staples 25/50 Index. This includes a range of investments in the consumer staples sector, which may involve companies in food and beverage, household and personal products, and other necessities. This sector is known for its stability and consistent demand, making it a potentially attractive investment for those seeking steady returns.
- Index-Focused Investment Strategy
While the fund invests heavily in securities that are part of the underlying MSCI USA IMI Consumer Staples 25/50 Index, it maintains a degree of flexibility in its investment approach. This strategy allows the fund to follow the index closely while also making specific investment decisions that might not include holding every security listed in the index. This targeted approach can potentially enhance performance outcomes by focusing on the securities that the fund's management team believes offer the best investment opportunities within the consumer staples sector.
