FIDELITY MSCI COMMUNICATION SERVICES INDEX ETF (FCOM) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 1.05: the stock has moved about 5% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 17, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerFIDELITY MSCI COMMUNICATION SERVICES INDEX ETF (FCOM) trades at $71.79. The Fidelity MSCI Communication Services Index ETF (FCOM) aims to replicate the performance of the MSCI USA IMI Communication Services 25/50 Index. Sector: Financials.
Price as of · Last analyzed: Mar 17, 2026Analyst Coverage for FCOM: FCOM does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
FIDELITY MSCI COMMUNICATION SERVICES INDEX ETF (FCOM) Financial Services Profile
Fidelity MSCI Communication Services Index ETF (FCOM) offers investors a focused approach to investing in the U.S. communication services sector, tracking the MSCI USA IMI Communication Services 25/50 Index with a market capitalization of $1.79 billion and a beta of 1.05, providing exposure to a specific market segment.
What Is the Investment Thesis for FCOM?
FCOM presents a targeted investment vehicle for those seeking exposure to the communication services sector within the U.S. equity market. With a market capitalization of $1.79 billion and a beta of 1.05, FCOM offers a focused approach to a specific market segment. The absence of a dividend yield may deter income-focused investors, but the potential for capital appreciation tied to the growth of the communication services sector remains a key value driver. The fund's performance is directly linked to the performance of the MSCI USA IMI Communication Services 25/50 Index, making it susceptible to fluctuations within that index. Ongoing: The growth of the communication services sector, driven by increasing demand for telecommunications, media, and internet services, could serve as a catalyst for FCOM. Potential: Economic downturns or shifts in consumer spending habits could negatively impact the communication services sector, posing a risk to FCOM's performance.
Based on FMP financials and quantitative analysis
FCOM Key Highlights
Market Cap of $1.79B indicates the fund's significant size and influence within the communication services sector.
- Beta of 1.05 suggests the fund's volatility is similar to the overall market.
- Tracks the MSCI USA IMI Communication Services 25/50 Index, providing targeted exposure to the communication services sector.
- Absence of dividend yield may not appeal to income-seeking investors.
- Performance is directly linked to the performance of the communication services sector within the U.S. equity market.
Who Are FCOM's Competitors?
FCOM is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| DSTL Distillate U.S. Fundamental Stability & Value ETF | $64.69 | +0.65% | $2.09B | — |
| EPP iShares MSCI Pacific ex Japan ETF | $55.00 | +0.53% | $1.96B | — |
| FDIS FIDELITY MSCI CONSUMER DISCRETIONARY INDEX ETF | $96.36 | +0.46% | $1.61B | — |
| FENY FIDELITY MSCI ENERGY INDEX ETF | $35.01 | +1.07% | $1.85B | — |
| FIDU FIDELITY MSCI INDUSTRIALS INDEX ETF | $90.37 | +0.10% | $2.24B | — |
| BLK BlackRock, Inc. | $1066.45 | +0.64% | $164B | 51 5-pillar |
| BX Blackstone Inc. | $111.64 | -0.09% | $136B | 68 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | 0.00% | $74.8B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are FCOM's Key Strengths?
Targeted exposure to the communication services sector.
- Diversification within the sector.
- Low expense ratio.
- Passive investment strategy.
What Are FCOM's Weaknesses?
Sector-specific focus limits diversification.
- Performance is tied to the performance of the communication services sector.
- No dividend yield.
- Susceptible to sector-specific risks.
What Are the Key Risks for FCOM?
Economic downturns negatively impacting consumer spending on communication services.
- Changes in consumer preferences shifting away from traditional communication services.
- Increased competition from other ETFs offering similar exposure.
- Regulatory changes impacting the communication services sector.
What Are FCOM's Competitive Advantages?
- Brand recognition of Fidelity as a reputable asset manager.
- Low expense ratio compared to actively managed funds.
- Diversification within the communication services sector.
- Passive investment strategy reduces the need for active management and research.
What Does FCOM Do?
The Fidelity MSCI Communication Services Index ETF (FCOM) is designed to mirror the investment results of the MSCI USA IMI Communication Services 25/50 Index. This index represents the performance of communication services companies within the broader U.S. equity market, offering investors a targeted approach to this specific sector. FCOM falls under the umbrella of exchange-traded funds (ETFs), which are investment funds traded on stock exchanges, similar to individual stocks. ETFs provide diversification and can track a specific index, sector, commodity, or investment strategy. FCOM's strategy focuses exclusively on communication services, which encompasses companies involved in telecommunication services, media, entertainment, and related technology. By tracking the MSCI USA IMI Communication Services 25/50 Index, FCOM aims to provide investors with exposure to a diversified portfolio of companies within this sector, reflecting the overall performance of the communication services industry in the U.S. The ETF's holdings are weighted to align with the index, ensuring that the fund's performance closely mirrors the underlying index. The fund's objective is long-term capital appreciation through investments in the communication services sector.
What Products and Services Does FCOM Offer?
- Tracks the performance of the MSCI USA IMI Communication Services 25/50 Index.
- Provides investors with targeted exposure to the communication services sector.
- Offers a diversified portfolio of communication services companies within the U.S. equity market.
- Aims for long-term capital appreciation through investments in the communication services sector.
- Operates as an exchange-traded fund (ETF), traded on stock exchanges.
- Offers a convenient way to invest in a specific sector without buying individual stocks.
How Does FCOM Make Money?
- Generates revenue through management fees charged to investors.
- Fees are calculated as a percentage of the fund's assets under management (AUM).
- Aims to replicate the performance of the MSCI USA IMI Communication Services 25/50 Index.
- Does not generate revenue through lending securities.
What Industry Does FCOM Operate In?
FCOM operates within the asset management industry, specifically offering a sector-focused ETF. The asset management industry is characterized by intense competition among firms offering various investment products, including mutual funds, ETFs, and hedge funds. Market trends such as the increasing popularity of passive investing and the demand for specialized investment strategies have fueled the growth of sector-specific ETFs like FCOM. The competitive landscape includes other ETF providers offering similar communication services-focused funds, requiring FCOM to differentiate itself through factors such as expense ratios, tracking accuracy, and brand recognition. The growth rate of the communication services sector directly impacts the potential returns of FCOM.
Who Are FCOM's Key Customers?
- Individual investors seeking exposure to the communication services sector.
- Institutional investors looking for a cost-effective way to invest in the sector.
- Financial advisors using ETFs as part of their client portfolios.
- Retirement savers seeking long-term capital appreciation.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 41 snapshots
| 2026-08-23 | 44 |
| 2026-08-31 | 44 |
| 2026-09-08 | 44 |
| 2026-09-16 | 44 |
| 2026-09-24 | 44 |
| 2026-10-04 | 44 |
What changed?
The score has stayed at 44.
Over the same 30 days the stock moved +0.6%.
FCOM Financials
Bull Case vs Bear Case
Bull Case
- Targeted exposure to the communication services sector.
- Diversification within the sector.
- Low expense ratio.
- Passive investment strategy.
Bear Case
- Sector-specific focus limits diversification.
- Performance is tied to the performance of the communication services sector.
- No dividend yield.
- Susceptible to sector-specific risks.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
FCOM Latest News
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FCOM Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for FCOM.
Price Targets
Wall Street price target analysis for FCOM.
FCOM MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for FCOM; grades run from A+ (80-100) to F (below 30).
FIDELITY MSCI COMMUNICATION SERVICES INDEX ETF Financials Stock: Key Questions Answered
What do analysts say about FCOM stock?
Generally, analysts assessing ETFs like FCOM focus on factors such as the underlying index's performance, the ETF's expense ratio, and the overall outlook for the communication services sector. Key valuation metrics include the price-to-earnings (P/E) ratio and price-to-book (P/B) ratio of the underlying holdings.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- The information provided is based on available data and general knowledge of the financial markets. Investment decisions should be made based on thorough research and consultation with a financial advisor.