Fidelity Disruptive Finance ETF (FDFF)
The ETF focuses on investing in disruptive finance companies with innovative developments that could potentially disrupt traditional businesses. The fund aims to capitalize on new and unconventional ways of delivering products and services to customers.
ETF Info
| Issuer | Fidelity |
|---|---|
| Inception Date | Apr 16, 2020 |
| Category | Financials Equities |
| Index Tracked | No Index (Active) |
| Home Page | institutional.fidelity.com |
| Asset Class | Equity |
Asset Class Size | Mid-Cap |
Asset Class Style | Growth |
Expense Ratio
The Fidelity Disruptive Finance ETF 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 Finance 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 | 2.39% | 6.92% |
| 1 month | -7.58% | -2.83% |
| 6 months | 27.63% | 23.86% |
| 1 year | N/A | 23.33% |
| 5 years (annualized) | N/A | 11.66% |
| 10 years (annualized) | N/A | 10.52% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -2.64% | 10.51% | 2.90% | |||||||||
| 2023 | -5.73% | -4.54% | 13.04% | 8.23% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Disruptive Finance ETF (FDFF) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Fidelity Disruptive Finance ETF granted a 0.36% dividend yield in the last twelve months. The annual payout for that period amounted to $0.11 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $0.11 | $0.08 |
Dividend yield | 0.36% | 0.27% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Disruptive Finance 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.03 | |||||||||
| 2023 | $0.04 | $0.00 | $0.00 | $0.04 |
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 Finance 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 Finance ETF was 13.47%, occurring on Oct 26, 2023. Recovery took 25 trading sessions.
The current Fidelity Disruptive Finance ETF drawdown is 8.25%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.47% | Jul 27, 2023 | 65 | Oct 26, 2023 | 25 | Dec 1, 2023 | 90 |
| -8.91% | Mar 22, 2024 | 20 | Apr 19, 2024 | — | — | — |
| -3.88% | Dec 29, 2023 | 3 | Jan 3, 2024 | 26 | Feb 9, 2024 | 29 |
| -3% | Jun 16, 2023 | 6 | Jun 26, 2023 | 10 | Jul 11, 2023 | 16 |
| -2.57% | Mar 14, 2024 | 4 | Mar 19, 2024 | 2 | Mar 21, 2024 | 6 |
Volatility
Volatility Chart
The current Fidelity Disruptive Finance ETF volatility is 4.43%, 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.