Should You Invest in the Fidelity MSCI Industrials Index ETF?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 16 2024
0mins
Source: Benzinga
Overview of Fidelity MSCI Industrials Index ETF: The Fidelity MSCI Industrials Index ETF (FIDU) is a passively managed fund launched in 2013, focusing on the U.S. industrial sector with low operating expenses of 0.08% and a current asset size of over $1.12 billion.
Performance and Alternatives: FIDU has shown strong performance with a 14.28% gain this year and a 26.57% increase over the past year, while also being ranked as a "Buy" by Zacks; alternative ETFs include Vanguard Industrials ETF and Industrial Select Sector SPDR ETF, which offer similar exposure.
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Analyst Views on RTX
Wall Street analysts forecast RTX stock price to fall
14 Analyst Rating
9 Buy
5 Hold
0 Sell
Moderate Buy
Current: 207.000
Low
168.00
Averages
195.77
High
215.00
Current: 207.000
Low
168.00
Averages
195.77
High
215.00
About RTX
RTX Corporation is an aerospace and defense company, which provides advanced systems and services for commercial, military, and government customers worldwide. The Company operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. Collins Aerospace segment provides technologically advanced aerospace and defense products and aftermarket service solutions for civil and military aircraft manufacturers, commercial airlines, and regional, business and general aviation, as well as for defense and commercial space operations. The Pratt & Whitney segment supplies aircraft engines for commercial, military, business jet, and general aviation customers. The Raytheon segment provides defensive and offensive threat detection, tracking and mitigation capabilities for the United States and foreign government and commercial customers. The Raytheon designs, develops, and provides advanced capabilities in integrated air and missile defense, smart weapons, missiles and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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