FCPI ETF — Fidelity® Stocks for Inflation ETF

Fidelity® Stocks for Inflation ETF (FCPI)

Updated October 16, 2026.

FCPI is a low-cost ETF. its distribution rate is 1.03%, its trailing-12-month yield is 1.51%, its expense ratio is 0.15%. Dividend Vision Distribution Safety Score™ is 90/100 (Safe). Total return is 159.0% over the past 6.9 years, 14.7 points behind SPY at 173.7%.

Fidelity Stocks for Inflation ETF tracks the Fidelity Stocks for Inflation Factor Index, which selects large and mid-cap U.S. stocks with attractive valuations, high quality characteristics, and positive momentum, with a focus on sectors expected to outperform during inflationary periods. The fund offers a modest current distribution rate paid quarterly, with a low expense ratio of 0.15%. It appeals to equity investors seeking inflation-sensitive exposure through a factor-based strategy.

FCPI performance versus SPY

Price and return data through 2026-10-16.

Total return is 159.0% over the past 6.9 years, 14.7 points behind SPY at 173.7%. Over the past year its total return — price change plus distributions reinvested — is 16.2%. Its deepest 1-year drawdown was 7.9%.

FCPI key facts

Distribution Safety Score™

90 · Safe

Safety-Adjusted Yield

0.93%

Issuer

Fidelity Investments

Asset type

ETF

Asset class

Equity

Inception date

11/05/2019

Expense ratio

0.15%

Distribution rate

1.03%

Distribution frequency

Quarterly

Trailing yield

1.51%

Last close

$56.65 (as of 2026-10-16)

AUM

$287,440,616

Average volume

17682.0

Dividend

$0.146

Ex-dividend date

09/18/2026

Payment date

09/22/2026

Beta

0.89

How Dividend Vision calculates yield and returns

Distribution rate (1.03%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.51%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Fidelity Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FCPI risks and drawbacks

FCPI's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.9%.

Who may consider FCPI — and who may not

FCPI may suit someone looking for low-cost broad dividend exposure, a high Distribution Safety Score. It is a weaker fit for investors who need monthly cash flow (FCPI pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FCPI

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Frequently asked questions

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