Fidelity MSCI Industrials Index ETF
FIDU
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 245 Summer Street Boston MA United States of America 2210
- IPO Date
- Oct 24, 2013
- CIK
- 0000945908
- Website
- digital.fidelity.com
- Similar Companies
- Business
- Fidelity MSCI Industrials Index ETF (FIDU) is an exchange-traded fund that tracks the MSCI USA IMI Industrials 25/25 Index, providing investors with market-cap-weighted exposure to a broad range of U.S. industrials sector stocks across large-, mid- and small-cap companies; the fund holds approximately 362 securities, with top holdings including General Electric (5.11%), Caterpillar (4.51%), and others representing key subsectors such as aerospace and defense, machinery, construction and engineering, transportation, and commercial services; it offers a low net expense ratio of 0.08%, a dividend yield of around 1.33%, and assets under management exceeding $1.45 billion. Launched on October 21, 2013, and issued by Fidelity Covington Trust with management by Geode Capital Management, LLC, a Fidelity affiliate, FIDU trades on the NYSE Arca exchange and primarily serves institutional and retail investors seeking diversified industrials sector exposure; its portfolio is overwhelmingly allocated to U.S. equities (98.70%), with minor positions in non-U.S. stocks (1.18%) and cash; the fund targets the broad industrials segment, including manufacturers, service providers, and transportation companies operating principally in North America. In recent developments, Fidelity Investments has expanded its ETF offerings significantly, launching new fixed income ETFs such as Fidelity Municipal Bond Opportunities ETF (FMUB) and Fidelity Systematic Municipal Bond Index ETF (FMUN) in April 2025, alongside five actively managed equity ETFs including Fidelity Enhanced U.S. All-Cap Equity ETF (FEAC) in November 2024, as part of broader strategic growth in ETF model portfolios for wealth management firms announced in February 2025; while FIDU itself has maintained its core passive indexing strategy without reported structural changes, mergers, or rebrandings in 2024-2025, its assets under management have grown to approximately $1.49 billion amid sustained investor interest in sector-specific products.