Fidelity Stocks for Inflation ETF
$57.34+0.20 (+0.35%)
- 0.15%
- $282M
- +18.6%
- 1.50%
- 0M sh
- $57.13
- low $47.70high $57.46
The ETF.net FCPI Grade
B
Score 65 out of 100
- 32 of 99
Score 65 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A84 out of 100Rank 12 of 99Mission
Whether the fund did what it promised, tested against its stated mandate.A80 out of 100Rank 48 of 86Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B61 out of 100Rank 29 of 97Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C42 out of 100Rank 61 of 99Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D31 out of 100Rank 87 of 98Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D39 out of 100Rank 71 of 99
Our read on FCPI
BA multifactor fund with an inflation twist: value, quality and momentum screens first, then a tilt toward industries that tend to outperform when prices are rising. All for 0.15% a year.
The fund seeks investment returns that generally correspond, before fees and expenses, to the performance of the Fidelity Stocks for Inflation Factor IndexSM.
Why people hold it
- 0.15% a year, under half the 0.32% median for multifactor peers. The factor tilt isn't being eaten by the fee.
- Value, quality and momentum is table stakes. The inflation overlay, emphasizing industries that tend to outperform in inflationary environments, is what sets this one apart.sec.gov
- Live since 2019 and one of the stronger implementations in a crowded multifactor field, with a rules-based Fidelity index doing the picking.
- About 100 large and mid-cap US stocks, paying quarterly.sec.gov
Worth knowing
- It trades thinly. Spreads can run wider than on heavily traded peers like VYM or IUSG, which matters most on larger orders.
- Roughly 100 names, not 500. Single stocks and the industry tilts carry real weight, so results can drift from the broad market.
- The benchmark is Fidelity's own proprietary index rather than a third-party one, and the inflation screen has only been running in live markets since 2019.sec.gov
FCPI Holdings
- Stocks
- 102
- 41%
- NVDA
Sectors
- Technology31.7%
- Health Care13.6%
- Energy11.7%
- Consumer Staples9.2%
- Materials7.3%
- Financials6.7%
- Communication5.0%
- Consumer Discretionary3.9%
- Industrials3.8%
- Real Estate3.7%
- Utilities3.4%
Geography
- United States97.19%
- Ireland1.55%
- Bermuda0.54%
- Puerto Rico0.47%
- Netherlands0.24%
FCPI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
FCPI$11,864
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FCPI |
|---|---|
| Year to date | +16.6% |
| 1 month | +0.8% |
| 3 months | +4.9% |
| 1 year | +18.6% |
| 3 years | +22.7% |
| 5 years | +14.7% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FCPI |
|---|---|---|
| 2026 YTD | +16.6% | |
| 2025 | +16.2% | |
| 2024 | +25.5% | |
| 2023 | +15.4% | |
| 2022 | −7.1% | |
| 2021 | +34.2% | |
| 2020 | +2.2% |
FCPI in the news
FCPI Dividends
- 1.50%
- $0.86
- $0.15 per share
- Quarterly
Distribution history
FCPI Risk
- 12.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.36
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.92
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FCPI Cost
0.15%
FCPI0.15%
- The middle half of US Multifactor funds
- Median 0.30%
11 of the 99 US Multifactor funds charge less.
Other funds in US Multifactor
- BUSVMVictoryShares US Small Mid Cap Value Momentum ETFExpense ratio 0.29%1 year return +20.9%
- BVFMFVanguard U.S. Multifactor ETFExpense ratio 0.18%1 year return +33.7%
- BGSSCGoldman Sachs ActiveBeta U.S. Small Cap Equity ETFExpense ratio 0.20%1 year return +20.4%
- BHERDPacer Cash Cows Fund of Funds ETFExpense ratio 0.15%1 year return +25.0%
- BMFUSPIMCO RAFI Dynamic Multi-Factor U.S. Equity ETFExpense ratio 0.30%1 year return +21.9%