FDWM ETF — Holdings & Analysis

The fund has $0.00B in assets under management and a dividend yield of 0.52%. Its top holdings include well-known technology and financial services companies, reflecting a focus on sectors with strong female leadership representation.

FIDELITY WOMENS LEADERSHIP ETF (FDWM) ETF — Price, Holdings & Analysis

The Fidelity Women's Leadership ETF (FDWM) seeks to invest in companies that prioritize and advance women’s leadership and development. With an expense ratio of 0.62%, FDWM offers exposure to companies demonstrating a commitment to gender diversity. The fund has $0.00B in assets under management and a dividend yield of 0.52%. Its top holdings include well-known technology and financial services companies, reflecting a focus on sectors with strong female leadership representation.

ETF Overview

Invests in companies that prioritize and advance women’s leadership and development.

The Fidelity Women's Leadership ETF (FDWM) aims to provide investors with exposure to companies that champion women's leadership and development. This is achieved by investing in companies that exhibit a commitment to gender diversity within their organizational structure. FDWM's portfolio comprises 96 holdings, with a significant allocation to the Technology sector (30.4%), followed by Consumer Cyclical (14.8%) and Financial Services (13.7%). The fund's top holdings include major technology players such as NVIDIA Corp (7.89%), Apple Inc (7.03%), and Microsoft Corp (6.88%), alongside other prominent companies like Alphabet Inc Class C (4.53%) and Amazon.com Inc (4.30%). This targeted approach allows investors to potentially support companies actively promoting gender equality while participating in the growth of diverse sectors. The fund's focus is primarily on US-based companies, with 95.5% of its holdings concentrated in the United States.

Risk Metrics

FDWM carries several risks inherent to its investment strategy. With 30.4% of its assets allocated to the Technology sector, the fund is susceptible to sector-specific downturns. Its beta of 1.12 indicates that it is more volatile than the broader market. The fund's expense ratio of 0.62% is higher than some broad market equity ETFs, which can create a drag on performance over time, especially in periods of lower returns. Additionally, the concentration in top holdings, such as NVIDIA Corp (7.89%) and Apple Inc (7.03%), means that the performance of these individual companies can significantly impact the overall fund performance. Investors should also consider the potential for fluctuations in dividend yield, which can affect the overall return profile. Past performance does not guarantee future results.

Expense Ratio

0.62%

What does FDWM hold?

Holding	Weight
NVIDIA Corp (NVDA)	7.89%
Apple Inc (AAPL)	7.03%
Microsoft Corp (MSFT)	6.88%
Alphabet Inc Class C (GOOG)	4.53%
Amazon.com Inc (AMZN)	4.30%
JPMorgan Chase & Co (JPM)	2.19%
Eli Lilly and Co (LLY)	2.12%
Micron Technology Inc (MU)	1.87%
Alnylam Pharmaceuticals Inc (ALNY)	1.60%
GE Vernova Inc (GEV)	1.39%

How Is the Fund Allocated?

Sector	Weight
Technology	30.4%
Consumer Cyclical	14.8%
Financial Services	13.7%
Healthcare	12.6%
Industrials	10.6%
Communication Services	7.5%
Consumer Defensive	5.1%
Real Estate	2.5%
Energy	1.6%
Utilities	0.9%
Basic Materials	0.2%

Country	Weight
United States	95.5%
United Kingdom	1.7%
Ireland	1.7%
Netherlands	1.2%

Dividend Yield

0.52%

Invesco QQQ Trust, Series 1 (QQQ) — 0.18% expense ratio
State Street Energy Select Sector SPDR ETF (XLE) — 0.08% expense ratio
State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
iShares Russell 2000 ETF (IWM) — 0.19% expense ratio
State Street Financial Select Sector SPDR ETF (XLF) — 0.08% expense ratio
State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
iShares MSCI Emerging Markets ETF (EEM) — 0.72% expense ratio
State Street SPDR S&P 500 ETF (SPY) — 0.09% expense ratio

FIDELITY VALUE FACTOR ETF (FVAL) (Equity) — 0.15% expense ratio
FIDELITY DISRUPTIVE FINANCE ETF (FDFF) (Equity) — 0.50% expense ratio
FIDELITY LOW VOLATILITY FACTOR ETF (FDLO) (Equity) — 0.15% expense ratio
FIDELITY MSCI CONSUMER DISCRETIONARY INDEX ETF (FDIS) (Equity) — 0.08% expense ratio
FIDELITY ETHEREUM FUND (FETH) (Equity) — 0.25% expense ratio
FIDELITY CORPORATE BOND ETF (FCOR) (Equity) — 0.36% expense ratio

Risk Metrics

Beta: 1.12

Questions & Answers

What is FDWM and what does it track?

FDWM, or the Fidelity Women's Leadership ETF, is an exchange-traded fund that invests in companies that prioritize and advance women’s leadership and development.

The fund aims to provide exposure to companies demonstrating a commitment to gender diversity within their organizational structure. FDWM's portfolio comprises 96 holdings across various sectors, with a significant allocation to Technology, Consumer Cyclical, and Financial Services.

What is the expense ratio for FDWM?

The expense ratio for FDWM is 0.62%. This means that for every $10,000 invested in the fund, $62 is deducted annually to cover operating expenses.

What are the top holdings in FDWM?

The top holdings in FDWM include some of the most prominent companies in the market. As of 2026-03-15, the top three holdings are NVIDIA Corp (7.89%), Apple Inc (7.03%), and Microsoft Corp (6.88%).

Other significant holdings include Alphabet Inc Class C (4.53%) and Amazon.com Inc (4.30%).

Is FDWM a good long-term investment?

FDWM's suitability as a long-term investment depends on an individual investor's goals, risk tolerance, and investment horizon. The fund offers exposure to companies that prioritize women's leadership, which aligns with ESG investing principles.

However, its expense ratio of 0.62% and beta of 1.12 should be considered.

How does FDWM compare to similar ETFs?

FDWM differentiates itself through its specific focus on companies that prioritize women's leadership and development. While other ESG-focused ETFs may consider gender diversity as one of many factors, FDWM makes it the primary focus.

The fund's expense ratio of 0.62% may be higher than some broader ESG ETFs.

Does FDWM pay dividends?

Yes, FDWM does pay dividends. As of 2026-03-15, the fund has a dividend yield of 0.52%. This means that for every $100 invested in FDWM, investors can expect to receive $0.52 in dividend payments annually.

The dividend yield can fluctuate based on the performance of the underlying holdings and the fund's distribution policy.