
This fund is structured to reflect the performance of the MSCI USA IMI Communication Services 25/50 Index.
Is FCOM's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Comcast Corp. (CMCSA) sent shockwaves through the media landscape with the announcement that it would spin off its media business today. The telecommunications giant will divest its traditional cable television networks, namely NBCUniversal and Sky, into a standalone, publicly traded company.

The communication services sector is a concentration bet dressed up as diversification.

Alphabet stuns with a 93% earnings beat as cloud and AI fuel growth, lifting shares and spotlighting ETFs with heavy exposure.

Fidelity MSCI Communications Services Index ETF (FCOM) earns a buy rating for its blend of growth and underappreciated dividend growth potential. FCOM's top holdings—META, GOOGL, GOOG, NFLX—drive both capital appreciation and future dividend growth, with nearly 50% portfolio weight in these mega-caps. Despite a modest 0.95% yield, FCOM's 3-year dividend growth CAGR exceeds 25%, and its 0.08% expense ratio enhances relative value versus peers.

AGF Management Ltd. raised its position in Fidelity MSCI Communication Services Index ETF (NYSEARCA:FCOM) by 3.6% in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 654,982 shares of the company's stock after acquiring an additional 22,707 shares during