Fidelity U.S. High Quality ETF (FCUQ.TO) ETF Analysis

Fund Overview

Fidelity U.S. High Quality ETF (FCUQ.TO) is an exchange-traded fund. Fidelity Investments Canada ULC is the fund family on file. The inception date on file is January 18, 2019. The fund holds CA$2.57B in total net assets. The expense ratio is 0.35%. On a CA$10,000 position that is CA$35.00 a year.

The largest positions on file are NVIDIA Corp (NVDA), Apple Inc (AAPL), and Microsoft Corp (MSFT). NVIDIA Corp alone accounts for 7.46% of the portfolio. The ten largest positions together make up 37.26% of the fund.

Performance Analysis

The most recent close on file for FCUQ.TO is CA$76.33, dated September 4, 2026. Over the trailing twelve months the price has returned +11.96%. Across 5 years the annualized return works out at +12.65%. The fund distributes at a trailing yield of 0.72%.

2026 is still running; the price is +12.31% year to date. The strongest complete calendar year on file is 2024 at +32.89%; the weakest is 2022 at −11.48%. Of the 7 complete calendar years on file, 6 finished higher.

Price & Risk Profile

Daily returns over the trailing 7 years annualize to a volatility of 17.55%. Beta against the wider market is reported at 0.88. The 52-week range on file runs from CA$62.64 to CA$77.85. The latest close sits 21.86% above that 52-week low. The volatility figure is calculated from the stored daily closes, the same series the charts on this page use.