Fastest growing Fidelity funds worldwide in October 2024, by one year return
The Fidelity Semiconductors Portfolio generated an annual return of 61.72 percent over the year to June 19, 2024. making it Fidelity Investments' fastest growing mutual fund. Fidelity's fastest growing exchange traded fund (ETF) was the Fidelity Crypto Industry and Digital Payments ETF, which grew at 84.33 percent.
An ETF is a basket of shares (or other financial assets) which generally tracks an underlying index. They are similar to mutual funds, with the fundamental difference that ETFs are listed on stock exchanges, with ETF shares being traded just like regular stock.
