FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF
The Fidelity Covington Trust MSCI Consumer Staples Index ETF (Ticker: FSTA) is a thoughtfully curated exchange-traded fund designed to deliver targeted exposure to the consumer staples sector. This fund is strategically aligned with the MSCI USA IMI Consumer Staples Index, ensuring it captures the performance of a diverse array of companies that provide essential products such as food, beverages, household goods, and personal care items that are vital to everyday life.
FSTA is categorized under sector-focused ETFs, with a concentrated emphasis on the consumer staples category, making it an excellent choice for investors seeking stability and resilience in their portfolios. In times of economic uncertainty, consumer staples often demonstrate lower volatility due to the consistent demand for essential goods, offering a reliable hedge against market fluctuations.
The fund's broad-based niche within the consumer staples sector includes an array of well-established companies with a reputation for quality and reliability. By investing in FSTA, investors gain access to a diversified portfolio of industry leaders, from multinational conglomerates to innovative companies driving growth in emerging markets. This enables participants to capitalize on steady performance and potential dividends, underscoring FSTA's role as a cornerstone investment for those aspiring to achieve sustainable growth and income generation in their financial strategy.
Asset Class
Equity
Region
North America
Issuer
Fidelity
Index Tracked
MSCI USA IMI Consumer Staples 25/50 Index
Ticker Symbol
FSTA
FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF (FSTA) Fund Flow Chart
FIDELITY COVINGTON TRUST MSCI CONSUMER STAPLES INDEX ETF (FSTA) 1 year Net Flows: $41M
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.