FDTX vs. FUTY

Last updated Jun 5, 2026

FDTX (Fidelity Disruptive Technology ETF) and FUTY (Fidelity MSCI Utilities Index ETF) are both exchange-traded funds - FDTX is a Technology Equities fund actively managed by Fidelity, while FUTY is a Utilities Equities fund tracking the MSCI USA IMI Utilities Index. FDTX is actively managed, while FUTY is passively managed. Over the past year, FDTX returned 58.85% vs 12.10% for FUTY. At a 0.07 correlation, their price movements are largely independent. FDTX charges 0.50%/yr vs 0.08%/yr for FUTY.

Performance

FDTX vs. FUTY - Performance Comparison

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

Returns By Period

In the year-to-date period, FDTX achieves a 41.92% return, which is significantly higher than FUTY's 3.78% return.

FDTX

• 1D: -0.33%
• 1M: 20.99%
• YTD: 41.92%
• 6M: 41.67%
• 1Y: 58.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FUTY

• 1D: 0.60%
• 1M: -4.86%
• YTD: 3.78%
• 6M: 1.95%
• 1Y: 12.10%
• 3Y*: 13.73%
• 5Y*: 9.26%
• 10Y*: 9.10%

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

FDTX vs. FUTY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FDTX Fidelity Disruptive Technology ETF	41.92%	15.25%	23.99%	11.73%
FUTY Fidelity MSCI Utilities Index ETF	3.78%	16.40%	23.20%	-2.44%

Correlation

The correlation between FDTX and FUTY is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.08
Correlation (All Time) Calculated using the full available price history since Jun 13, 2023	0.07

FDTX vs. FUTY - Sectors Allocation Comparison

Sectors	FDTX	FUTY
Technology	82.7%	-
Communication Services	8.7%	-
Consumer Cyclical	8.6%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	0.5%
Financial Services	-	-
Healthcare	-	-
Industrials	-	0.2%
Real Estate	-	-
Utilities	-	99.2%

Return for Risk

FDTX vs. FUTY — Risk / Return Rank

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

FDTX

FDTX Risk / Return Rank: 66
FDTX Sharpe Ratio Rank: 76
FDTX Sortino Ratio Rank: 68
FDTX Omega Ratio Rank: 66
FDTX Calmar Ratio Rank: 62
FDTX Martin Ratio Rank: 56

FUTY

FUTY Risk / Return Rank: 25
FUTY Sharpe Ratio Rank: 25
FUTY Sortino Ratio Rank: 24
FUTY Omega Ratio Rank: 24
FUTY Calmar Ratio Rank: 29
FUTY Martin Ratio Rank: 24

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. FUTY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Technology ETF (FDTX) and Fidelity MSCI Utilities Index ETF (FUTY). 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	FUTY	Difference
Sharpe ratio: Return per unit of total volatility	2.42	0.85	+1.57
Sortino ratio: Return per unit of downside risk	3.07	1.23	+1.84
Omega ratio: Gain probability vs. loss probability	1.39	1.15	+0.24
Calmar ratio: Return relative to maximum drawdown	3.05	1.36	+1.69
Martin ratio: Return relative to average drawdown	9.66	3.05	+6.62
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. FUTY - Sharpe Ratio Comparison

The current FDTX Sharpe Ratio is 2.42, which is higher than the FUTY Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of FDTX and FUTY, 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	FUTY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	0.85	+1.57
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.54	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	0.55	+0.69

Drawdowns

FDTX vs. FUTY - Drawdown Comparison

The maximum FDTX drawdown since its inception was -27.23%, smaller than the maximum FUTY drawdown of -36.44%. Use the drawdown chart below to compare losses from any high point for FDTX and FUTY.

Drawdown Indicators

	FDTX	FUTY	Difference
Max Drawdown Largest peak-to-trough decline	-27.23%	-36.44%	+9.21%
Max Drawdown (1Y) Largest decline over 1 year	-19.38%	-8.93%	-10.45%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.35%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.11%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.44%	—
Current Drawdown Current decline from peak	-0.88%	-6.72%	+5.84%
Average Drawdown Average peak-to-trough decline	-5.51%	-6.03%	+0.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.11%	3.98%	+2.13%

Volatility

FDTX vs. FUTY - Volatility Comparison

Fidelity Disruptive Technology ETF (FDTX) has a higher volatility of 8.56% compared to Fidelity MSCI Utilities Index ETF (FUTY) at 5.52%. This indicates that FDTX's price experiences larger fluctuations and is considered to be riskier than FUTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDTX	FUTY	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.56%	5.52%	+3.04%
Volatility (6M) Calculated over the trailing 6-month period	19.47%	11.38%	+8.09%
Volatility (1Y) Calculated over the trailing 1-year period	24.45%	14.34%	+10.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.50%	17.08%	+8.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.50%	19.05%	+6.45%

FDTX vs. FUTY - Expense Ratio Comparison

FDTX has a 0.50% expense ratio, which is higher than FUTY's 0.08% expense ratio.

Dividends

FDTX vs. FUTY - Dividend Comparison

FDTX has not paid dividends to shareholders, while FUTY's dividend yield for the trailing twelve months is around 2.60%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDTX Fidelity Disruptive Technology ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FUTY Fidelity MSCI Utilities Index ETF	2.60%	2.67%	2.96%	3.31%	2.72%	2.70%	3.07%	2.82%	3.11%	3.03%	3.35%	4.33%

Frequently Asked Questions

Can I hold both FDTX and FUTY in my portfolio?

FDTX and FUTY have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDTX or FUTY?

FDTX has higher volatility (8.56%) compared to FUTY (5.52%). In terms of maximum drawdown, FDTX dropped -27.23% vs FUTY's -36.44%.

Which ETF is better, FDTX or FUTY?

On 1-year performance, FDTX leads with 58.85% vs 12.10% for FUTY. On fees, FUTY is cheaper at 0.08% per year. On volatility, FUTY has been the lower-risk option at 5.52%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDTX or FUTY?

Over the 1-year period, FDTX has performed better with a 58.85% return vs 12.10%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDTX or FUTY?

FUTY is cheaper with a 0.08% expense ratio, compared with 0.50% for FDTX.

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

FUTY has the higher dividend yield at 2.60%, compared with 0.00% for FDTX.

What is the main difference between FDTX and FUTY?

FDTX is categorized as Technology Equities, while FUTY is Utilities Equities. Their fees differ too: 0.50% for FDTX and 0.08% for FUTY.

Which has better risk-adjusted returns?

FDTX currently has the higher Sharpe Ratio (2.42 vs 0.85), 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.