FCPI
Fidelity Stocks for Inflation ETF·Financial Services
51.44
0.136%(−0.07)
Market ClosedLast Updated: — ET
52W L: $39.4652W H: $52.35
FCPI NEWS
etftrends.com
21h ago
Inflation ETF Posts Gains as March CPI Jumps to 3.3%
An inflation ETF designed to weather rising prices is drawing fresh attention after consumer inflation surged to 3.3% in March. This was the highest level in nearly two years, driven almost entirely by a record 21.2% monthly jump in gasoline prices.
seekingalpha.com
Jan 16
FCPI: Appealing Premise, Robust Factor Exposures But Mixed Returns, A Hold
Fidelity Stocks for Inflation ETF offers exposure to about 100 stocks selected using demanding factor screening, with emphasis put on sectors and industries benefiting from inflation. Despite performing excellently in 2021–2022, since its inception in 2019, FCPI has been unable to deliver consistent alpha, lagging IVV and IWB. Risk-adjusted returns were not appealing enough either. The FCPI portfolio's current factor mix is solid, with stronger growth and quality characteristics than IVV's, as well as a GARP tilt.
