| 9.68 Net Asset Value | -0.10% 1 Day | +15.79% Year-to-Date | Overall Morningstar Rating |
| Technology Style or Category | 5.75 Sales Expenses | 1.88% Expense Ratio | Above Average Morningstar Risk Rating™ |
| 1 month | +9.01% | 3 years | +9.17% | |
| 3 months | +6.26% | 5 years | +4.38% | |
| 1 year | +15.10% | Since inception | -0.67% |
| FELAX | Category | |
|---|---|---|
| Performance 5-yr return | +4.38% | +7.24% |
| Expense ratio | 1.88% | 1.63% |
| Risk 5 year sharpe ratio | 0.27 | 0.35 |
| Net assets | $13.2M | $503.2M |
| Average market cap | $7.8B | $29.5B |
| Average P/E | 17.0 | 18.6 |
| Portfolio turnover | 140% | 140% |
There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.
| Fund family | Fidelity Investments |
| Fund manager & tenure | Stephen Barwikowski / 4 Years |
| Minimal initial investment | $2,500.00 |
| Minimum IRA investment | $500.00 |
| Other | 100.00% |
| U.S. stock | -- |
| International stock | -- |
| Fixed income | -- |
| Cash | -- |

| Hardware | 95.16% |
| Telecommunication | 4.44% |
| Consumer service | 0.28% |
| Business service | 0.09% |
| Industrial materials | 0.01% |
| BRCM Broadcom Corporation | 10.22% |
| ALTR Altera Corp. | 7.80% |
| INTC Intel Corp | 6.36% |
| AVGO Avago Technologies Ltd | 5.27% |
| MRVL Marvell Technology Group, Ltd. | 4.55% |
| ISIL Intersil Corporation | 4.48% |
| TXN Texas Instruments, Inc. | 4.25% |
| SWKS Skyworks Solutions, Inc. | 4.08% |
| JBL Jabil Circuit, Inc. | 2.86% |
| MU Micron Technology, Inc. | 2.80% |