This chart is not intended to imply any future performance of the fund. Figures include reinvestment of capital gains and dividends, but do not reflect the effect of any applicable sales charges or redemption fees, which would lower these figures. *The chart illustrates the NAV performance of a hypothetical $10,000 investment made in the fund on or on commencement of operations (whichever is later). Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their NAV, and are not individually redeemed from the fund. ETFs are subject to management fees and other expenses. ETFs are subject to market fluctuation and the risks of their underlying investments. The sale of ETFs is subject to an activity assessment fee (from $0.01 to $0.03 per $1,000 of principal). It is not possible to invest directly in an index.Free commission offer applies to online purchases select ETFs in a Fidelity brokerage account. Indexes are unmanaged, statistical composites and their returns do not include payment of any sales charges or fees an investor would pay to purchase the securities they represent. Market-weighted means that component stocks are weighted according to the total value of their outstanding shares. The S&P 500 represents about 80% of the total market value of all stocks on the New York Stock Exchange. Standard & Poor's 500 (S&P 500) Index is an unmanaged market-weighted index of 500 of the nation's largest stocks from a broad variety of industries. The number of industries that do not have representative stocks may vary over time. Several of the 69 industries do not have companies represented in the S&P 500 Index therefore, performance is not available for those industries. There are currently 11 sectors and 69 industries. Revenues are a significant factor in defining principal business activity however, earnings analysis and market perception are also important criteria for classification. A company is assigned to a single GICS industry according to the definition of its principal business activity as determined by Standard & Poor's and MSCI. S&P uses GICS to determine the market segment to which a company is assigned. GICS is an industry classification system developed by Standard & Poor's in collaboration with Morgan Stanley Capital International (MSCI). Market value or capitalization is calculated by multiplying the number of common shares outstanding by the market price per share at the end of each trading day. Market Cap is the sum of the market value of each company assigned to the applicable GICS sector or industry. Chart Performance figures may vary slightly due to different timeframes used in the calculation. Chart Performance enables you to chart and change performance timeframe of the percent change for the indices as well as the ability to add a user-entered symbol. 1 Year % Change is the nominal change in the price of the index from previous trading day's close and trading day close 1 year ago. Last % change is the nominal change in the price of the index from the previous trading day's close expressed as a percentage as of the index value at the time noted in the Date & Time field. Sectors & Industries Performance is represented by the S&P 500 GICSĀ® (Global Industry Classification Standard) indices.
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