ATLASFidelity MSCI Communication Services Index ETF (FCOM): outlook, holdings and fees
Fidelity MSCI Communication Services Index ETF (FCOM) is an exchange-traded fund and is managed by Fidelity Investments. The expense ratio is 0.07% and the yield is 0.93%. The ten largest holdings are 74% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FCOM
| Last price | $65.17 (+0.8%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 53% |
| Likely 1-month range (50%) | $63.13 – $67.82 |
| Normal 1-day range (±1σ) | ±1.2% |
| Distribution yield | 0.93% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
FCOM fund facts
| Issuer | Fidelity Investments |
|---|---|
| Theme | Municipal bonds |
| Assets under management | $1.8B |
| Expense ratio | 0.07% |
| Number of holdings | 48 |
| Portfolio turnover | 19% |
| Inception | Oct 21, 2013 |
| Exchange | NYSE |
The fund invests at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Communication Services 25/50 Index, which represents the performance of the communication services sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Communication Services 25/50 Index. The fund is non-diversified.
FCOM top holdings
| Holding | Sector | Weight |
|---|---|---|
| Meta Platforms Inc. META | Communication Services | 27.22% |
| Alphabet Inc Class A GOOGL | Communication Services | 15.22% |
| Alphabet Inc Class C GOOG | Communication Services | 7.95% |
| Walt Disney Company DIS | Communication Services | 4.37% |
| Netflix Inc NFLX | Communication Services | 4.02% |
| AT&T Inc. T | Communication Services | 3.80% |
| Verizon Communications Inc VZ | Communication Services | 3.71% |
| Space Exploration Technologies Corp. Class A Common Stock SPCX | Industrials | 3.29% |
| Comcast Corp CMCSA | Communication Services | 2.56% |
| T-Mobile US Inc TMUS | Communication Services | 2.30% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FCOM sector breakdown
| Sector | Weight |
|---|---|
| Communication Services | 95.6% |
| Industrials | 3.2% |
| Technology | 1.1% |
By region: North America 99.9%, Europe Developed 0.1%.
FCOM returns and risk
| Year to date | -1.1% |
|---|---|
| 1 year | +3.9% |
| 3 years (annualised) | +22.3% |
| 5 years (annualised) | +6.8% |
| 10 years (annualised) | +11.1% |
| Volatility (3 years) | 15.5% |
| Sharpe ratio (3 years) | 1.17 |
Past returns do not guarantee future results.
FCOM: frequently asked questions
What does FCOM invest in?
Fidelity MSCI Communication Services Index ETF invests in a portfolio of securities. Its largest holdings are Meta Platforms Inc. (27.2%), Alphabet Inc Class A (15.2%), Alphabet Inc Class C (7.9%), Walt Disney Company (4.4%), Netflix Inc (4.0%).
What is the FCOM expense ratio?
0.07% a year: about $7.00 for every $10,000 invested.
What is the FCOM dividend yield?
0.93%. ATLAS does not hold the exact distribution dates for ETFs.
Will FCOM go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 53%, with a likely range (50%) of $63.13 to $67.82 from $65.17 today. It is a probability, not a prediction.
How has FCOM performed?
Year to date -1.1%, one year +3.9%, three years +22.3% a year, five years +6.8% a year. Past returns do not guarantee future results.
Similar ETFs: Municipal bonds
- State Street Communication Services Select Sector SPDR ETF (XLC)
- VanEck High Yield Muni ETF (HYD)
- Invesco National AMT-Free Municipal Bond ETF (PZA)
- State Street SPDR Nuveen ICE High Yield Municipal Bond ETF (HYMB)
- State Street SPDR Nuveen ICE Short Term Municipal Bond ETF (SHM)
- PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund (MUNI)
- State Street SPDR Nuveen ICE Municipal Bond ETF (TFI)
- Franklin Dynamic Municipal Bond ETF (FLMI)
Educational information, not investment advice. Disclaimer