FDTX vs. FDIF

Last updated Jun 4, 2026

FDTX (Fidelity Disruptive Technology ETF) and FDIF (Fidelity Disruptors ETF) are both exchange-traded funds - FDTX is a Technology Equities fund actively managed by Fidelity, while FDIF is a Large Cap Growth Equities fund actively managed by Fidelity. Both are actively managed. Over the past year, FDTX returned 60.66% vs 22.85% for FDIF. Their correlation of 0.91 suggests significant overlap in exposure. Both charge a 0.50% expense ratio.

Performance

FDTX vs. FDIF - Performance Comparison

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

Returns By Period

In the year-to-date period, FDTX achieves a 42.39% return, which is significantly higher than FDIF's 10.12% return.

FDTX

• 1D: -0.55%
• 1M: 23.09%
• YTD: 42.39%
• 6M: 42.32%
• 1Y: 60.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FDIF

• 1D: -0.90%
• 1M: 5.86%
• YTD: 10.12%
• 6M: 10.33%
• 1Y: 22.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FDTX vs. FDIF - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FDTX Fidelity Disruptive Technology ETF	42.39%	15.25%	23.99%	11.06%
FDIF Fidelity Disruptors ETF	10.12%	13.83%	19.74%	6.49%

Correlation

The correlation between FDTX and FDIF is 0.91, 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	0.91
Correlation (All Time) Calculated using the full available price history since Jun 21, 2023	0.91

The correlation between FDTX and FDIF has been stable across timeframes, ranging from 0.91 to 0.91 - a consistent structural relationship.

FDTX vs. FDIF - Sectors Allocation Comparison

Sectors	FDTX	FDIF
Technology	82.7%	38.5%
Communication Services	8.7%	13.8%
Consumer Cyclical	8.6%	6.1%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	11.8%
Healthcare	-	17.8%
Industrials	-	12.0%
Real Estate	-	0.1%
Utilities	-	-

Return for Risk

FDTX vs. FDIF — Risk / Return Rank

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

FDTX

FDTX Risk / Return Rank: 65
FDTX Sharpe Ratio Rank: 75
FDTX Sortino Ratio Rank: 67
FDTX Omega Ratio Rank: 65
FDTX Calmar Ratio Rank: 63
FDTX Martin Ratio Rank: 56

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: 31
FDIF Martin Ratio Rank: 37

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.

FDTX vs. FDIF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Technology ETF (FDTX) and Fidelity Disruptors ETF (FDIF). 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.

	FDTX	FDIF	Difference
Sharpe ratio: Return per unit of total volatility	2.49	1.35	+1.15
Sortino ratio: Return per unit of downside risk	3.14	1.91	+1.23
Omega ratio: Gain probability vs. loss probability	1.40	1.24	+0.16
Calmar ratio: Return relative to maximum drawdown	3.15	1.55	+1.60
Martin ratio: Return relative to average drawdown	9.96	5.86	+4.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDTX vs. FDIF - Sharpe Ratio Comparison

The current FDTX Sharpe Ratio is 2.49, which is higher than the FDIF Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of FDTX and FDIF, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FDTX	FDIF	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	1.35	+1.15
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	0.93	+0.32

Drawdowns

FDTX vs. FDIF - Drawdown Comparison

The maximum FDTX drawdown since its inception was -27.23%, which is greater than FDIF's maximum drawdown of -22.63%. Use the drawdown chart below to compare losses from any high point for FDTX and FDIF.

Drawdown Indicators

	FDTX	FDIF	Difference
Max Drawdown Largest peak-to-trough decline	-27.23%	-22.63%	-4.60%
Max Drawdown (1Y) Largest decline over 1 year	-19.38%	-14.80%	-4.58%
Current Drawdown Current decline from peak	-0.55%	-0.90%	+0.35%
Average Drawdown Average peak-to-trough decline	-5.52%	-3.83%	-1.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.11%	3.91%	+2.20%

Volatility

FDTX vs. FDIF - Volatility Comparison

Fidelity Disruptive Technology ETF (FDTX) has a higher volatility of 8.47% compared to Fidelity Disruptors ETF (FDIF) at 4.11%. This indicates that FDTX's price experiences larger fluctuations and is considered to be riskier than FDIF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDTX	FDIF	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.47%	4.11%	+4.36%
Volatility (6M) Calculated over the trailing 6-month period	19.47%	13.37%	+6.10%
Volatility (1Y) Calculated over the trailing 1-year period	24.46%	17.02%	+7.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.52%	18.59%	+6.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.52%	18.59%	+6.93%

FDTX vs. FDIF - Expense Ratio Comparison

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

Dividends

FDTX vs. FDIF - Dividend Comparison

FDTX has not paid dividends to shareholders, while FDIF's dividend yield for the trailing twelve months is around 0.30%.

Position	TTM	2025	2024	2023
FDIF Fidelity Disruptors ETF	0.30%	0.36%	0.35%	0.21%
FDTX Fidelity Disruptive Technology ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDTX and FDIF in my portfolio?

With a correlation of 0.91, FDTX and FDIF move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FDTX or FDIF?

FDTX has higher volatility (8.47%) compared to FDIF (4.11%). In terms of maximum drawdown, FDTX dropped -27.23% vs FDIF's -22.63%.

Which ETF is better, FDTX or FDIF?

On 1-year performance, FDTX leads with 60.66% vs 22.85% for FDIF. Both ETFs have the same 0.50% expense ratio. On volatility, FDIF has been the lower-risk option at 4.11%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDTX or FDIF?

Over the 1-year period, FDTX has performed better with a 60.66% return vs 22.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDTX or FDIF?

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

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

FDIF has the higher dividend yield at 0.30%, compared with 0.00% for FDTX.

What is the main difference between FDTX and FDIF?

FDTX is categorized as Technology Equities, while FDIF is Large Cap Growth Equities.

Which has better risk-adjusted returns?

FDTX currently has the higher Sharpe Ratio (2.49 vs 1.35), 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.