ATLASFidelity New Millennium ETF (FMIL): outlook, holdings and fees
Fidelity New Millennium ETF (FMIL) is an exchange-traded fund and is managed by Fidelity Investments. The expense ratio is 0.37% and the yield is 1.04%. The ten largest holdings are 39% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on FMIL
| Last price | $58.01 (-1.6%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 56% |
| Likely 1-month range (50%) | $57.01 – $59.63 |
| Normal 1-day range (±1σ) | ±0.8% |
| Distribution yield | 1.04% |
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.
FMIL fund facts
| Issuer | Fidelity Investments |
|---|---|
| Theme | Other strategies |
| Assets under management | $1.2B |
| Expense ratio | 0.37% |
| Number of holdings | 48 |
| Portfolio turnover | 73% |
| Inception | Jun 2, 2020 |
| Exchange | CBOE |
Normally the fund invests primarily in equity securities. Identifying early signs of long-term changes in the marketplace and focusing on those companies that may benefit from opportunities created by these changes by examining technological advances, product innovation, economic plans, demographics, social attitudes, and other factors, which can lead to investments in small and medium-sized companies. It invests in domestic and foreign issuers.
FMIL top holdings
| Holding | Sector | Weight |
|---|---|---|
| NVIDIA Corporation NVDA | Technology | 8.85% |
| Alphabet Inc Class A GOOGL | Communication Services | 6.69% |
| Amazon.com Inc AMZN | Consumer Cyclical | 5.04% |
| Apple Inc. AAPL | Technology | 3.86% |
| Meta Platforms Inc. META | Communication Services | 3.15% |
| Microsoft Corporation MSFT | Technology | 2.55% |
| Taiwan Semiconductor Manufacturing TSM | Technology | 2.57% |
| Broadcom Inc AVGO | Technology | 2.51% |
| Exxon Mobil Corp XOM | Energy | 1.94% |
| The Boeing Company BA | Industrials | 1.82% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
FMIL sector breakdown
| Sector | Weight |
|---|---|
| Technology | 33.0% |
| Financial Services | 12.0% |
| Consumer Cyclicals | 10.8% |
| Industrials | 10.4% |
| Communication Services | 9.8% |
| Healthcare | 9.8% |
| Energy | 4.8% |
| Consumer Defensive | 4.6% |
| Basic Materials | 2.5% |
| Utilities | 1.2% |
| Real Estate | 1.1% |
By region: North America 91.8%, Asia Developed 3.2%, United Kingdom 2.5%, Europe Developed 2.0%, Latin America 0.5%.
FMIL returns and risk
| Year to date | +11.4% |
|---|---|
| 1 year | +16.9% |
| 3 years (annualised) | +21.7% |
| 5 years (annualised) | +16.6% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 14.1% |
| Sharpe ratio (3 years) | 1.17 |
Past returns do not guarantee future results.
FMIL: frequently asked questions
What does FMIL invest in?
Fidelity New Millennium ETF invests in a portfolio of securities. Its largest holdings are NVIDIA Corporation (8.8%), Alphabet Inc Class A (6.7%), Amazon.com Inc (5.0%), Apple Inc. (3.9%), Meta Platforms Inc. (3.2%).
What is the FMIL expense ratio?
0.37% a year: about $37.00 for every $10,000 invested.
What is the FMIL dividend yield?
1.04%. ATLAS does not hold the exact distribution dates for ETFs.
Will FMIL go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 56%, with a likely range (50%) of $57.01 to $59.63 from $58.01 today. It is a probability, not a prediction.
How has FMIL performed?
Year to date +11.4%, one year +16.9%, three years +21.7% a year, five years +16.6% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer