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Issuer
Fidelity
Inception Date
Apr 19, 2022
Leveraged
1x (No leverage)
Index Tracked
Fidelity Crypto Industry and Digital Payments Index
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Small-Cap
Asset Class Style
Growth
Assets Under Management
$260M

Share Price Chart


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Performance

FDIG Performance Chart

Fidelity Crypto Industry and Digital Payments ETF (FDIG) is up 7.8% since the beginning of the year. FDIG is currently trading at $42 per share.


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S&P 500 Index

Returns By Period

Fidelity Crypto Industry and Digital Payments ETF (FDIG) has returned 7.81% so far this year and 34.42% over the past 12 months.


Fidelity Crypto Industry and Digital Payments ETF

1D
-9.21%
1M
-9.59%
YTD
7.81%
6M
-4.48%
1Y
34.42%
3Y*
36.59%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
-2.64%
1M
0.25%
YTD
7.86%
6M
7.47%
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

FDIG Monthly Returns History

Based on dividend-adjusted daily data since Apr 21, 2022, FDIG's average daily return is +0.13%, while the average monthly return is +2.64%. At this rate, an investment would double in approximately 2.2 years.

Historically, 57% of months were positive and 43% were negative. The best month was Jan 2023 with a return of +46.5%, while the worst month was Jun 2022 at -30.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FDIG closed higher 50% of trading days. The best single day was Nov 6, 2024 with a return of +15.9%, while the worst single day was May 9, 2022 at -11.9%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.60%-9.60%-8.19%21.96%19.13%-12.87%7.81%
20255.85%-15.67%-16.45%6.52%14.14%20.84%5.44%7.94%21.19%8.11%-15.28%-13.36%19.92%
2024-22.35%28.92%6.01%-18.85%7.33%15.09%1.76%-11.36%2.40%7.15%37.45%-18.19%18.41%
202346.51%-4.54%7.85%1.82%4.05%16.05%22.39%-20.99%-14.51%-1.81%25.87%40.39%166.00%
2022-11.03%-15.37%-30.91%30.99%-3.45%-13.13%8.36%-16.21%-15.56%-56.18%

Benchmark Metrics

Fidelity Crypto Industry and Digital Payments ETF has an annualized alpha of -22.73%, beta of 2.94, and R2 of 0.51 versus S&P 500 Index. Calculated based on daily prices since April 22, 2022.

  • This ETF captured 333.73% of S&P 500 Index gains and 325.78% of its losses - amplifying both gains and losses, but participating more in upside than downside.
  • This ETF had an annualized alpha of -22.73% versus S&P 500 Index - delivering less than market exposure alone would predict.
  • Beta of 2.94 means this ETF moves significantly more than S&P 500 Index - expect amplified gains in rallies and amplified losses in downturns.

Alpha
-22.73%
Beta
2.94
0.51
Upside Capture
333.73%
Downside Capture
325.78%

Expense Ratio

FDIG has an expense ratio of 0.39%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FDIG ranks 21 for risk / return — below 21% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


FDIG Risk / Return Rank: 2121
Overall Rank
FDIG Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
FDIG Sortino Ratio Rank: 2424
Sortino Ratio Rank
FDIG Omega Ratio Rank: 2323
Omega Ratio Rank
FDIG Calmar Ratio Rank: 1919
Calmar Ratio Rank
FDIG Martin Ratio Rank: 1717
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Crypto Industry and Digital Payments ETF (FDIG) and compare them to S&P 500 Index.


FDIGBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.14

Calmar ratioReturn relative to maximum drawdown

0.74

Martin ratioReturn relative to average drawdown

1.43

Dividends

Dividend History

Fidelity Crypto Industry and Digital Payments ETF provided a 1.14% dividend yield over the last twelve months, with an annual payout of $0.47 per share. The fund has been increasing its distributions for 2 consecutive years.


0.20%0.40%0.60%0.80%1.00%1.20%$0.00$0.10$0.20$0.30$0.40202320242025
Dividends
Dividend Yield
PeriodTTM202520242023
Dividend$0.47$0.44$0.38$0.05

Dividend yield

1.14%1.14%1.17%0.18%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Crypto Industry and Digital Payments ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.03$0.00$0.00$0.00$0.03
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.02$0.00$0.00$0.42$0.44
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.38$0.38
2023$0.05$0.05

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 Crypto Industry and Digital Payments 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 Crypto Industry and Digital Payments ETF was 58.32%, occurring on Dec 28, 2022. Recovery took 134 trading sessions.

The current Fidelity Crypto Industry and Digital Payments ETF drawdown is 28.59%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-58.32%Dec 2022
8mo 10d6mo 17d
1y 2moApr 2022 - Jul 2023
2025 selloff2025
-49.66%Apr 2025
4mo5mo 5d
9mo 5dDec 2024 - Sep 2025
2026 bear market2026
-46.69%Mar 2026
5mo 15d
7mo 23dOct 2025 - now
2023 bear market2023
-42.76%Oct 2023
2mo 21d2mo 17d
5mo 8dJul 2023 - Dec 2023
2024 bear market2024
-38.04%Jan 2024
27d5mo 23d
6mo 20dDec 2023 - Jul 2024

Drawdown Indicators


FDIGBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-58.32%

-9.10%

-49.22%

Max Drawdown (1Y)

Largest decline over 1 year

-46.69%

Max Drawdown (3Y)

Largest decline over 3 years

-49.66%

Current Drawdown

Current decline from peak

-28.59%

-2.97%

-25.62%

Average Drawdown

Average peak-to-trough decline

-26.16%

-1.13%

-25.03%

Ulcer Index

Depth and duration of drawdowns from previous peaks

24.21%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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