{
 "ticker": "FCLD",
 "name": "Fidelity Cloud Computing ETF",
 "issuer": "Fidelity",
 "desk": "themes",
 "url": "https://etfiq.com/funds/fcld",
 "html": "https://etfiq.com/funds/fcld",
 "markdown": "https://etfiq.com/funds/fcld.md",
 "as_of": "2026-09-11",
 "verdict": "FCLD holds 50 stocks, and 49% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "51.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FCLD, already in the S&P 500: 51.1%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "91.6%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FCLD, active share vs the S&P 500: 91.6%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "44.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FCLD, top ten holdings: 44.1%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+48.7%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FCLD, total return, 1 year: +48.7%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$145m",
   "source": "the issuer own figure for this ETF, month end, as of Aug 31, 2026",
   "as_of": "2026-09-11",
   "sentence": "FCLD, net assets: $145m (the issuer own figure for this ETF, month end, as of Aug 31, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.39%",
   "source": "485BPOS XBRL, Oct 27, 2025",
   "as_of": "2026-09-11",
   "sentence": "FCLD, expense ratio: 0.39% (485BPOS XBRL, Oct 27, 2025)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Cloud and software",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Oct 7, 2021",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "51.1%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "91.6%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "32.9%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "89.8%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "44.1%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "50",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Jun 30, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "SANDISK CORP/DE 6.2%, WESTERN DIGITAL CORP 5.3%, SEAGATE TECHNOLOGY HOLDINGS PLC 5.0%, APPLOVIN CORP 4.3%, MICROSOFT CORP 4.2%, SALESFORCE INC 4.0%, EQUINIX INC 3.9%, DATADOG INC 3.9%, SNOWFLAKE INC 3.9%, SERVICENOW INC 3.6%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$145m",
   "source": "the issuer own figure for this ETF, month end, as of Aug 31, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u22124.0%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.39%",
   "source": "485BPOS XBRL, Oct 27, 2025"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.43%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "SKYY 36%, CLOU 32%, WCLD 31%, CLOD 30%, XDAT 28%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "+15.8%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "+12.5 pts",
   "Gap to Nasdaq-100": "+16.6 pts"
  },
  {
   "window": "6 months",
   "Total return": "+56.0%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "+40.0 pts",
   "Gap to Nasdaq-100": "+35.4 pts"
  },
  {
   "window": "1 year",
   "Total return": "+48.7%",
   "S&P 500": "+17.5%",
   "Gap to S&P 500": "+31.2 pts",
   "Gap to Nasdaq-100": "+25.7 pts"
  },
  {
   "window": "3 years",
   "Total return": "+119.6%",
   "S&P 500": "+77.9%",
   "Gap to S&P 500": "+41.8 pts",
   "Gap to Nasdaq-100": "+24.5 pts"
  },
  {
   "window": "Since launch",
   "Total return": "+70.9%",
   "S&P 500": "+85.8%",
   "Gap to S&P 500": "\u221214.9 pts",
   "Gap to Nasdaq-100": "\u221231.8 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of FCLD is in S&P 500 companies?",
   "a": "By its holdings filed for Jun 30, 2026, 51% of FCLD by weight is stocks the S&P 500 already holds. Its active share against the index is 92%, so that share is the part doing something different."
  },
  {
   "q": "What does FCLD hold?",
   "a": "50 positions as filed for Jun 30, 2026, with the top ten at 44% of the fund. The largest are SANDISK CORP/DE at 6.2%, WESTERN DIGITAL CORP at 5.3%, SEAGATE TECHNOLOGY HOLDINGS PLC at 5.0%."
  },
  {
   "q": "Has FCLD beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 FCLD returned +48.7% with distributions reinvested, against +17.5% for the S&P 500, so it finished ahead of the index by 31.2 points."
  },
  {
   "q": "What does FCLD cost?",
   "a": "The prospectus expense ratio is 0.39% a year. Because 92% of the fund differs from the S&P 500, the fee on that differing part works out at 0.43%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}