Key stats
About Fidelity Digital Health ETF
Expense ratio
0.39%
Home page
Inception date
Oct 5, 2021
FDHT is passively-managed to provide vanilla exposure to the digital health industry. The index takes from a global universe of companies across the market-cap spectrum that derive at least 50% of their revenue from digital healthcare products & services or connected medical devices. This includes healthcare records management, connected healthcare devices, surgical robotics, and telemedicine. Stocks are ranked by thematic exposure, which is determined based on a natural language processing (NLP) score. The index includes the highest-scoring securities and weights the resulting portfolio on a capped, market-capitalization basis. The index is rebalanced quarterly
Classification
What's in the fund
Exposure type
Health Technology
Technology Services
Health Services
Stock breakdown by region