Fidelity Nasdaq Composite Index ETF

Fidelity Nasdaq Composite Index ETF is a passively managed exchange-traded fund designed to provide broad exposure to the Nasdaq Composite Index. The fund seeks to closely match the price and yield performance of the index by holding a diversified portfolio of Nasdaq-listed common stocks, using statistical sampling when needed to maintain a similar investment profile. It typically emphasizes large-cap growth companies and has significant exposure to technology, communication services, and consumer discretionary businesses. Fidelity Nasdaq Composite Index ETF is used by investors who want a single-fund way to access a wide range of Nasdaq-listed companies across the U.S. equity market. The ETF distributes income from its holdings and is positioned as a core index vehicle within Fidelity’s lineup of equity funds.