Fidelity MSCI Communication Services ETF (FCOM) Performance
FCOM total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −6.1% since Dec 31, 2025
- 1 year
- −1.8% total return
- 5 years
- +6.0% a year
- 10 years
- +10.8% a year
- Since first price
- +10.1% a year since 2013
FCOM trailing returns vs SPY, QQQ, AGG
| Period | FCOM total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −6.3% | −6.3% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.3% | +1.1% | +3.2% | +1.9% | −0.4% |
| 6 months | −7.1% | −7.5% | +7.8% | +8.4% | −1.5% |
| YTD | −6.1% | −6.8% | +12.3% | +15.1% | −1.0% |
| 1 year | −1.8% | −2.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +74.8%+20.5%/yr | +69.8% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +33.6%+6.0%/yr | +27.4% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| 10 years | +179.6%+10.8%/yr | +134.2% | +315.9%+15.3%/yr | +538.9%+20.4%/yr | +14.0%+1.3%/yr |
| Since inceptionOct 24, 2013 | +248.3%+10.1%/yr | +170.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: FCOM vs SPY
From Oct 24, 2013: FCOM grew to $34,829, SPY to $53,980.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
FCOM returns by calendar year
10 of 12 full years positive. Best 2023 (+44.7%), worst 2022 (−39.0%). 2026 is year to date.
FCOM annual returns table
| Year | FCOM | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −6.1% | −13.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +26.1% | −21.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +33.0% | −8.4% | +24.9% | +25.6% | +1.3% |
| 2023 | +44.7% | −13.1% | +26.2% | +54.9% | +5.7% |
| 2022 | −39.0% | −41.6% | −18.2% | −32.6% | −13.0% |
| 2021 | +13.9% | −14.0% | +28.7% | +27.4% | −1.8% |
| 2020 | +28.3% | −31.2% | +18.3% | +48.6% | +7.5% |
| 2019 | +26.7% | −10.1% | +31.2% | +39.0% | +8.5% |
| 2018 | −5.3% | −15.8% | −4.6% | −0.1% | +0.1% |
| 2017 | +3.7% | −11.0% | +21.7% | +32.7% | +3.6% |
| 2016 | +23.0% | −13.7% | +12.0% | +7.1% | +2.4% |
| 2015 | +3.3% | −12.0% | +1.2% | +9.4% | +0.5% |
| 2014 | +6.3% | −8.2% | +13.5% | +19.2% | +6.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
FCOM largest drawdowns
Now 9.3% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 1, 2021 | −46.8% | Nov 9, 2022 | Oct 4, 2024 | 1.2 years | 3.1 years |
| Feb 19, 2020 | −31.2% | Mar 23, 2020 | Aug 4, 2020 | 33 days | 5 months |
| Feb 14, 2025 | −21.2% | Apr 8, 2025 | Jun 27, 2025 | 53 days | 4 months |
| Oct 4, 2018 | −15.8% | Dec 24, 2018 | Feb 19, 2019 | 3 months | 5 months |
| Jul 15, 2016 | −13.7% | Nov 2, 2016 | Dec 20, 2016 | 4 months | 5 months |
| Jan 29, 2026 | −13.5% | Mar 27, 2026 | not yet | 57 days | 9 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
FCOM risk statistics
| Statistic | 3 years | 5 years | 10 years | Since 2013 |
|---|---|---|---|---|
| Annualized return | +23.1% | +7.2% | +11.0% | +10.5% |
| Volatility (annualized) | 14.8% | 19.1% | 18.1% | 16.9% |
| Sharpe ratio | 1.20 | 0.27 | 0.55 | 0.58 |
| Sortino ratio | 2.15 | 0.39 | 0.83 | 0.90 |
| Best month | +9.2% | +15.1% | +15.1% | +15.1% |
| Worst month | −7.2% | −15.0% | −15.0% | −15.0% |
| Best 12 months | +45.1% | +45.1% | +71.1% | +71.1% |
| Worst 12 months | +2.4% | −40.8% | −40.8% | −40.8% |
| Positive months | 64% | 60% | 63% | 59% |
| Beta vs S&P 500 | 1.02 | 1.04 | 1.01 | — |
| Correlation with S&P 500 | 0.85 | 0.85 | 0.86 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
FCOM rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 145 | −40.8% | +12.5% | +71.1% | 82% |
| 3-year (a year) | 121 | −3.7% | +8.7% | +34.4% | 92% |
| 5-year (a year) | 97 | +1.4% | +9.3% | +16.6% | 100% |
| 10-year (a year) | 37 | +6.7% | +10.3% | +13.2% | 100% |
Every holding period starting at a month-end since 2013. Returns for 3 years and longer are annualized.
FCOM performance overview
Fidelity MSCI Communication Services ETF (FCOM) returned −1.8% over the past year and +10.8% a year over ten years, with distributions reinvested. Since its first recorded price in 2013 it has returned +10.1% a year, turning $10,000 into about $34,829. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −46.8%, from Sep 1, 2021 to Nov 9, 2022, and it took 1.9 years to get back to the old high. FCOM finished 10 of its 12 full calendar years with a gain; the best year was 2023 (+44.7%) and the worst 2022 (−39.0%). Volatility has been 16.9% a year.
Related: FCOM chart, FCOM holdings, FCOM dividends, FCOM valuation. See the FCOM overview for the latest quote and fund facts.
FCOM performance FAQ
What is the FCOM return over the past year?
FCOM returned −1.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 2.7%.
What is the average annual return of FCOM?
FCOM has returned +6.0% a year over 5 years, +10.8% a year over 10 years, +10.1% a year since October 24, 2013 (total return, distributions reinvested).
How much would $10,000 invested in FCOM be worth?
$10,000 invested in FCOM at its first recorded close on October 24, 2013 would be worth about $34,829 on October 23, 2026 with distributions reinvested.
What was the worst year for FCOM?
The worst calendar year was 2022, with a total return of −39.0%. The best was 2023 at +44.7%.
What is the biggest drawdown of FCOM?
The largest peak-to-trough decline was −46.8% between September 1, 2021 and November 9, 2022. It recovered to the old high on October 4, 2024, 1.9 years after the bottom.
How volatile is FCOM?
Over the past 3 years FCOM had an annualized volatility of 14.8% and a Sharpe ratio of 1.20 (excess return over 1–3 month T-bills per unit of risk).