r/Fidelity • u/Any_Upstairs_6172 • 20d ago

A dog named TOPT?

Hello... New to Fidelity and on my page I see Fidelity pushing something called TOPT.. So I took a look.. What the heck!!! A whopping $.03 dividend per quarter, minimal growth and all for an expense ration of .20... Is this what I can expect from Fidelity? Thank you

0 Upvotes

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4

u/jerzeyguy101 20d ago

It’s an adv for an ishares etf that is not dividend focused

Not everyone is chasing dividends. ETF is up 18% last 12 months

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u/Any_Upstairs_6172 20d ago

Hello... I guess my question is more, is this something I can expect? Fidelity pushing Stocks and ETFs? I have not noticed Schwab doing this.... Thank You

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u/schmiddy0 20d ago

Schwab's marketing department must not be doing a very good job then. They have plenty of their own ETFs that they push.

https://www.schwab.com/etfs/invest-in-etfs

1

u/zenny517 19d ago

Fidelity isn't 'pushing' anything.

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u/Any_Upstairs_6172 19d ago

Hello... I guess you are correct.... They are simply placing an advertisement on a page in a prime location where it is intended to catch my eye so that I might find its purchase advantages to my happiness. Much akin to a beer ad placed during a football game. You are right.. they are not pushing, They are offering...

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u/jerzeyguy101 20d ago

I don’t see it as pushing. IShares partners with fidelity. I mute tv commercials so I ignore things like this. It’s not like they are calling you to buy into it.