![]() Click on the "Performance & Risk" link to view quarter-end performance. Yield and return will vary, therefore you have a gain or loss when you sell your shares. Current performance may be higher or lower than the performance data quoted. The performance data shown represents past performance, which is no guarantee of future results. The top 10% of funds in each fund category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. (Exchange-traded funds and open-end mutual funds are considered a single population for comparative purposes.) It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a funds monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating TM for funds, or "star rating," is calculated for funds with at least a three-year history. **The Overall Morningstar Rating TM for a fund is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics, which are based on risk-adjusted returns. This chart is not intended to imply any future performance of the fund. ![]() Figures include reinvestment of capital gains and dividends, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. *The chart illustrates the NAV performance of a hypothetical $10,000 investment made in the fund on or on commencement of operations (whichever is later). Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. ETFs are subject to management fees and other expenses. ETFs are subject to market fluctuation and the risks of their underlying investments. The sale of ETFs is subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). SOCL tracks the Stuttgart Solactive AG Social Media Index and charges a 65 basis point fee for concentration in a few large firms providing social networking, file sharing, and other online media tools.įor more information, please visit VettaFi.Free commission offer applies to online purchases select ETFs in a Fidelity brokerage account. FCOM has seen $20 million in net inflows over the last three months.įinally, investors may also want to follow the *Global X Social Media ETF ( SOCL C) as well, where META is weighted at 10.2% just behind Twitter Inc., ( TWTR) which will no longer be publicly held following its purchase by billionaire Tesla CEO Elon Musk. FCOM charges just nine basis points to track the MSCI USA IMI Communication Services 25/50 Index including several video game and communications firms. ![]() The cheapest of the four, the Fidelity MSCI Communication Services Index ETF ( FCOM B), holds META at 10.3%, also second to the combined weight of GOOG and GOOGL at 27%. VOX also charges a 10 basis point fee and has seen $46 million in three month flows. ![]() VOX tracks the MSCI US IMI 25/50 Communication Services Index, with a significant lean towards mega-cap companies which may benefit those interested in a sector rotation strategy. The *Vanguard Communications Services ETF ( VOX B) holds META at 11.1%, just behind Alphabet Inc.’s Class A ( GOOGL) and Class C ( GOOG) stocks at 22.8% combined weight. XLC charges just 10 basis points, with one-month returns beating the ETF Database category average by 4.7%. XLC tracks the S&P Communication Services Select Sector Index and lists META as its largest holding by weight at 16.2% as part of its large-cap growth focus. Investors should keep an eye on four META ETFs holding META at a minimum 10% weight that could rebound as the market’s take on the firm’s prospects levels out, starting with the Communication Services Select Sector SPDR Fund ( XLC A-). META also plans to expand its data centers to support next-generation AI, for example, that could sharpen its digital advertising capabilities. ![]() Reality Labs has posted some serious losses, but the division represents an investment in the future which could still pay off. Much like the China stock selloff earlier this week, emotions were part of the equation. But markets, nervous about rising rates and the specter of a recession, also had the finger on the trigger to sell with the first headline earnings drop from the big tech names. Investors had good reason this week to be concerned about META following its loss of $3.7 billion on Reality Labs, the firm’s metaverse department. ![]()
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