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 |
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 has a high expense ratio of 0.50%, indicating higher-than-average management fees.
Share Price Chart
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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
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 8.00% | 7.26% |
1 month | 0.22% | -2.63% |
6 months | 32.69% | 22.78% |
1 year | N/A | 22.71% |
5 years (annualized) | N/A | 11.87% |
10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.47% | 4.52% | 2.61% | |||||||||
2023 | -5.53% | -1.17% | 13.13% | 6.52% |
Risk-Adjusted Performance
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
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 1.29%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-14.27% | Jul 20, 2023 | 70 | Oct 26, 2023 | 24 | Nov 30, 2023 | 94 |
-7.55% | Mar 8, 2024 | 30 | Apr 19, 2024 | — | — | — |
-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 |
-3.48% | Jan 30, 2024 | 2 | Jan 31, 2024 | 2 | Feb 2, 2024 | 4 |
Volatility
Volatility Chart
The current Fidelity Disruptive Communications ETF volatility is 6.52%, 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.