FIDELITY MSCI INFORMATION TECHNOLOGY INDEX ETF

The Fidelity MSCI Information Technology Index ETF (FTEC) is benefiting from a strong rebound in iPhone sales, reaching a four-year high driven by sustained demand in China and India. Despite margin pressures linked to artificial intelligence, Apple's robust growth enhances the appeal of tech-focused ETFs, providing leverage for investors. Additionally, a tense geopolitical environment and increased U.S. military spending may support related sectors such as cybersecurity and manufacturing, diversifying the fund's growth drivers.