
See exactly how FCOM's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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This fund is structured to reflect the performance of the MSCI USA IMI Communication Services 25/50 Index.

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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.