- Issuer
- Fidelity
- Inception Date
- Apr 16, 2020
- Category
- Communications Equities
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $100M
Highlights
- Avg. Volume (1M)
- 7K
- Avg. Volume Value (1M)
- $353.82K
Share Price Chart
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Performance
FDCF Performance Chart
Fidelity Disruptive Communications ETF (FDCF) is down 0.5% since the beginning of the year. FDCF is currently trading at $48 per share.
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Returns By Period
Fidelity Disruptive Communications ETF (FDCF) has returned -0.45% so far this year and 5.93% over the past 12 months.
Fidelity Disruptive Communications ETF
- 1D
- -0.37%
- 1M
- 0.63%
- 6M
- -0.56%
- YTD
- -0.45%
- 1Y
- 5.93%
- 3Y*
- 21.51%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 23.15%
Benchmark (S&P 500 Index)
- 1D
- 0.05%
- 1M
- 0.79%
- 6M
- 7.18%
- YTD
- 8.28%
- 1Y
- 16.02%
- 3Y*
- 17.51%
- 5Y*
- 10.93%
- 10Y*
- 13.07%
- ALL TIME*
- 8.07%
FDCF Monthly Returns History
Based on dividend-adjusted daily data since Jun 12, 2023, FDCF's average daily return is +0.09%, while the average monthly return is +1.84%. At this rate, an investment would double in approximately 3.2 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2023 with a return of +13.1%, while the worst month was Mar 2026 at -6.4%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FDCF closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +9.6%, while the worst single day was Apr 4, 2025 at -6.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.74% | -2.63% | -6.42% | 12.24% | 4.95% | -1.40% | -4.27% | -0.45% | |||||
| 2025 | 6.75% | -2.75% | -6.07% | 2.51% | 7.42% | 9.69% | 2.16% | 3.71% | 5.23% | -0.03% | -4.92% | 2.08% | 27.42% |
| 2024 | 0.47% | 4.52% | 2.61% | -1.38% | 8.17% | 4.44% | -2.85% | 0.50% | 7.20% | 0.70% | 4.53% | -2.94% | 28.37% |
| 2023 | 2.54% | 5.88% | -4.02% | -5.33% | -1.17% | 13.13% | 6.52% | 17.50% |
Benchmark Metrics
Fidelity Disruptive Communications ETF has an annualized alpha of 0.35%, beta of 1.22, and R2 of 0.76 versus S&P 500 Index. Calculated based on daily prices since June 12, 2023.
- This ETF captured 116.09% of S&P 500 Index gains and 101.85% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- Alpha
- 0.35%
- Beta
- 1.22
- R²
- 0.76
- Upside Capture
- 116.09%
- Downside Capture
- 101.85%
Expense Ratio
FDCF has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FDCF ranks 17 for risk / return — in the bottom 17% of ETFs on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Disruptive Communications ETF (FDCF) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FDCF | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.33 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 1.24 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 0.30 | 1.82 | -1.52 |
| Martin ratioReturn relative to average drawdown | 0.88 | 7.79 | -6.92 |
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 | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Dividend | $0.03 | $0.04 | $0.10 | $0.06 |
Dividend yield | 0.07% | 0.09% | 0.25% | 0.19% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.03 | |||||
| 2025 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.10 |
| 2023 | $0.06 | $0.00 | $0.00 | $0.00 | $0.06 |
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.
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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 22.53%, occurring on Apr 8, 2025. Recovery took 40 trading sessions.
The current Fidelity Disruptive Communications ETF drawdown is 7.53%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-22.53%Apr 2025 | 1mo 23d | 1mo 28d | 3mo 21dFeb 2025 - Jun 2025 | 2025 selloff2025 |
-18.10%Mar 2026 | 6mo 9d | 1mo 29d | 8mo 8dSep 2025 - May 2026 | — |
-14.08%Oct 2023 | 3mo 8d | 1mo 4d | 4mo 12dJul 2023 - Nov 2023 | — |
-13.95%Aug 2024 | 1mo 1d | 1mo 22d | 2mo 23dJul 2024 - Sep 2024 | — |
-8.12%Jun 2026 | 23d | — | 1mo 25dJun 2026 - now | — |
Drawdown Indicators
| FDCF | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.53% | -56.78% | +34.25% |
Max Drawdown (1Y)Largest decline over 1 year | -18.10% | -9.10% | -9.00% |
Max Drawdown (3Y)Largest decline over 3 years | -22.53% | -18.90% | -3.63% |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -7.53% | -2.60% | -4.93% |
Average DrawdownAverage peak-to-trough decline | -4.16% | -10.70% | +6.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.21% | 2.12% | +4.09% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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