Fidelity Disruptive Technology ETF (FDTX)
The ETF focuses on long-term capital growth by investing in disruptive technology companies with innovative business models that could potentially disrupt traditional incumbents. It primarily targets companies engaged in big data, software as a service, cybersecurity, e-commerce, consumer technologies, rideshare, and next-generation hardware.
ETF Info
| Issuer | Fidelity |
|---|---|
| Inception Date | Apr 16, 2020 |
| Category | Technology 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
FDTX features an expense ratio of 0.50%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: FDTX vs. FELG, FDTX vs. FSPTX, FDTX vs. QQQ, FDTX vs. FTEC, FDTX vs. AIQ, FDTX vs. SOXX, FDTX vs. FSCSX, FDTX vs. FSELX, FDTX vs. SMH, FDTX vs. TRLGX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Fidelity Disruptive Technology 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 Technology ETF had a return of 25.29% year-to-date (YTD) and 41.86% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 25.29% | 25.45% |
| 1 month | 5.68% | 2.91% |
| 6 months | 12.82% | 14.05% |
| 1 year | 41.86% | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of FDTX, 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 | 4.74% | 7.30% | -0.44% | -4.98% | 2.08% | 7.69% | -4.95% | 1.83% | 1.02% | 1.81% | 25.29% | ||
| 2023 | 1.11% | 5.54% | -6.32% | -7.53% | -3.01% | 17.53% | 6.02% | 11.73% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FDTX is 54, 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 Technology ETF (FDTX) 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. 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 Technology 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 Technology ETF was 18.61%, occurring on Oct 26, 2023. Recovery took 33 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.61% | Jul 20, 2023 | 70 | Oct 26, 2023 | 33 | Dec 13, 2023 | 103 |
| -16.93% | Jul 5, 2024 | 22 | Aug 5, 2024 | 66 | Nov 6, 2024 | 88 |
| -11.18% | Mar 8, 2024 | 30 | Apr 19, 2024 | 40 | Jun 17, 2024 | 70 |
| -5.5% | Dec 29, 2023 | 4 | Jan 4, 2024 | 5 | Jan 11, 2024 | 9 |
| -5.37% | Feb 12, 2024 | 7 | Feb 21, 2024 | 7 | Mar 1, 2024 | 14 |
Volatility
Volatility Chart
The current Fidelity Disruptive Technology ETF volatility is 5.63%, 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.