FDIF vs. DTEC

Last updated Jun 23, 2026

FDIF (Fidelity Disruptors ETF) and DTEC (ALPS Disruptive Technologies ETF) are both exchange-traded funds - FDIF is a Large Cap Growth Equities fund actively managed by Fidelity, while DTEC is a Technology Equities fund tracking the Indxx Disruptive Technologies Index. FDIF is actively managed, while DTEC is passively managed. Over the past 3 years, FDIF returned 18.04%/yr vs 7.23%/yr for DTEC. Their correlation of 0.88 suggests significant overlap in exposure. Both charge a 0.50% expense ratio.

Performance

FDIF vs. DTEC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptors ETF (FDIF) and ALPS Disruptive Technologies ETF (DTEC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDIF achieves a 10.93% return, which is significantly higher than DTEC's -4.12% return.

FDIF

• 1D: -0.21%
• 1M: 4.58%
• YTD: 10.93%
• 6M: 10.00%
• 1Y: 23.51%
• 3Y*: 18.04%
• 5Y*: —
• 10Y*: —

DTEC

• 1D: -1.06%
• 1M: -4.41%
• YTD: -4.12%
• 6M: -6.02%
• 1Y: -0.73%
• 3Y*: 7.23%
• 5Y*: -0.42%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FDIF vs. DTEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FDIF Fidelity Disruptors ETF	10.93%	13.83%	19.74%	5.83%
DTEC ALPS Disruptive Technologies ETF	-4.12%	7.21%	9.89%	5.00%

Correlation

The correlation between FDIF and DTEC is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jun 20, 2023	0.88

The correlation between FDIF and DTEC has been stable across timeframes, ranging from 0.83 to 0.88 - a consistent structural relationship.

FDIF vs. DTEC - Sectors Allocation Comparison

Sectors	FDIF	DTEC
Technology	40.4%	63.4%
Healthcare	16.9%	9.2%
Communication Services	13.5%	2.7%
Industrials	12.1%	12.1%
Financial Services	11.6%	7.3%
Consumer Cyclical	5.3%	1.0%
Real Estate	0.1%	1.0%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	3.5%
Utilities	-	3.2%

Return for Risk

FDIF vs. DTEC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDIF

FDIF Risk / Return Rank: 36
FDIF Sharpe Ratio Rank: 38
FDIF Sortino Ratio Rank: 36
FDIF Omega Ratio Rank: 36
FDIF Calmar Ratio Rank: 33
FDIF Martin Ratio Rank: 39

DTEC

DTEC Risk / Return Rank: 8
DTEC Sharpe Ratio Rank: 8
DTEC Sortino Ratio Rank: 8
DTEC Omega Ratio Rank: 8
DTEC Calmar Ratio Rank: 8
DTEC Martin Ratio Rank: 8

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.

FDIF vs. DTEC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptors ETF (FDIF) and ALPS Disruptive Technologies ETF (DTEC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	FDIF	DTEC	Difference
Sharpe ratio: Return per unit of total volatility	1.31	-0.04	+1.35
Sortino ratio: Return per unit of downside risk	1.84	0.07	+1.77
Omega ratio: Gain probability vs. loss probability	1.24	1.01	+0.23
Calmar ratio: Return relative to maximum drawdown	1.60	-0.04	+1.63
Martin ratio: Return relative to average drawdown	5.96	-0.08	+6.04

FDIF vs. DTEC - Sharpe Ratio Comparison

The current FDIF Sharpe Ratio is 1.31, which is higher than the DTEC Sharpe Ratio of -0.04. The chart below compares the historical Sharpe Ratios of FDIF and DTEC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FDIF vs. DTEC - Drawdown Comparison

The maximum FDIF drawdown since its inception was -22.63%, smaller than the maximum DTEC drawdown of -42.00%. Use the drawdown chart below to compare losses from any high point for FDIF and DTEC.

Drawdown Indicators

	FDIF	DTEC	Difference
Max Drawdown Largest peak-to-trough decline	-22.63%	-42.00%	+19.37%
Max Drawdown (1Y) Largest decline over 1 year	-14.80%	-20.31%	+5.51%
Max Drawdown (3Y) Largest decline over 3 years	-22.63%	-21.47%	-1.16%
Max Drawdown (5Y) Largest decline over 5 years	—	-42.00%	—
Current Drawdown Current decline from peak	-0.21%	-11.68%	+11.47%
Average Drawdown Average peak-to-trough decline	-3.81%	-13.28%	+9.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.96%	8.95%	-4.99%

Volatility

FDIF vs. DTEC - Volatility Comparison

The current volatility for Fidelity Disruptors ETF (FDIF) is 7.29%, while ALPS Disruptive Technologies ETF (DTEC) has a volatility of 8.05%. This indicates that FDIF experiences smaller price fluctuations and is considered to be less risky than DTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDIF	DTEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.29%	8.05%	-0.76%
Volatility (6M) Calculated over the trailing 6-month period	14.72%	14.93%	-0.21%
Volatility (1Y) Calculated over the trailing 1-year period	18.04%	18.75%	-0.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.84%	22.16%	-3.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.84%	22.89%	-4.05%

FDIF vs. DTEC - Expense Ratio Comparison

Both FDIF and DTEC have an expense ratio of 0.50%.

Dividends

FDIF vs. DTEC - Dividend Comparison

FDIF's dividend yield for the trailing twelve months is around 0.26%, more than DTEC's 0.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DTEC ALPS Disruptive Technologies ETF	0.04%	0.04%	0.45%	0.27%	0.02%	0.26%	0.37%	0.43%	0.33%
FDIF Fidelity Disruptors ETF	0.26%	0.36%	0.35%	0.21%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDIF and DTEC in my portfolio?

FDIF and DTEC have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDIF or DTEC?

DTEC has higher volatility (8.05%) compared to FDIF (7.29%). In terms of maximum drawdown, FDIF dropped -22.63% vs DTEC's -42.00%.

Which ETF is better, FDIF or DTEC?

On 3-year performance, FDIF leads with 18.04% vs 7.23% for DTEC. Both ETFs have the same 0.50% expense ratio. On volatility, FDIF has been the lower-risk option at 7.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDIF or DTEC?

Over the 3-year period, FDIF has performed better with a 18.04% return vs 7.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDIF or DTEC?

FDIF and DTEC have the same expense ratio: 0.50% per year.

Which ETF pays a higher dividend yield, FDIF or DTEC?

FDIF has the higher dividend yield at 0.26%, compared with 0.04% for DTEC.

What is the main difference between FDIF and DTEC?

FDIF is categorized as Large Cap Growth Equities, while DTEC is Technology Equities. They also come from different issuers: Fidelity and SS&C.

Which has better risk-adjusted returns?

FDIF currently has the higher Sharpe Ratio (1.31 vs -0.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.