Fidelity Disruptive Communications ETF (FDCF)
The ETF focuses on investing in disruptive communications companies that utilize innovative strategies to potentially challenge existing industry players. The fund aims to capitalize on new and unconventional business models that could reshape the market landscape.
ETF Info
| Issuer | Fidelity |
|---|---|
| Inception Date | Apr 16, 2020 |
| Category | Communications Equities |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Home Page | institutional.fidelity.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
FDCF features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FDCF vs. FDIF, FDCF vs. MGK, FDCF vs. FDTX, FDCF vs. AIQ, FDCF vs. MGC, FDCF vs. XLC, FDCF vs. FCOM, FDCF vs. DXJ, FDCF vs. BNDX, FDCF vs. QQQM
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Disruptive Communications ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Fidelity Disruptive Communications ETF had a return of 31.45% year-to-date (YTD) and 50.71% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 31.45% | 25.70% |
| 1 month | 2.92% | 3.51% |
| 6 months | 16.48% | 14.80% |
| 1 year | 50.71% | 37.91% |
| 5 years (annualized) | N/A | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of FDCF, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.47% | 4.52% | 2.61% | -1.38% | 8.17% | 4.44% | -2.85% | 0.49% | 7.12% | 0.70% | 31.45% | ||
| 2023 | 1.58% | 5.88% | -4.02% | -5.53% | -1.17% | 13.13% | 6.52% | 16.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FDCF is 74, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Disruptive Communications ETF (FDCF) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Fidelity Disruptive Communications ETF provided a 0.07% dividend yield over the last twelve months, with an annual payout of $0.03 per share.
| Period | TTM |
|---|---|
| Dividend | $0.03 |
Dividend yield | 0.07% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Disruptive Communications ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Disruptive Communications ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Disruptive Communications ETF was 14.27%, occurring on Oct 26, 2023. Recovery took 24 trading sessions.
The current Fidelity Disruptive Communications ETF drawdown is 1.70%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.27% | Jul 20, 2023 | 70 | Oct 26, 2023 | 24 | Nov 30, 2023 | 94 |
| -13.95% | Jul 5, 2024 | 22 | Aug 5, 2024 | 37 | Sep 26, 2024 | 59 |
| -7.55% | Mar 8, 2024 | 30 | Apr 19, 2024 | 9 | May 2, 2024 | 39 |
| -3.92% | Jun 16, 2023 | 6 | Jun 26, 2023 | 10 | Jul 11, 2023 | 16 |
| -3.91% | Dec 29, 2023 | 4 | Jan 4, 2024 | 10 | Jan 19, 2024 | 14 |
Volatility
Volatility Chart
The current Fidelity Disruptive Communications ETF volatility is 4.63%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.