FDTX vs. GINN

Last updated Jun 24, 2026

FDTX (Fidelity Disruptive Technology ETF) and GINN (Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF) are both Technology Equities funds. FDTX is actively managed, while GINN is passively managed. Over the past 3 years, FDTX returned 30.00%/yr vs 18.28%/yr for GINN. Their correlation of 0.84 suggests significant overlap in exposure. Both charge a 0.50% expense ratio.

Performance

FDTX vs. GINN - Performance Comparison

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

Returns By Period

In the year-to-date period, FDTX achieves a 35.95% return, which is significantly higher than GINN's 5.00% return.

FDTX

• 1D: -4.76%
• 1M: 8.87%
• YTD: 35.95%
• 6M: 34.56%
• 1Y: 49.22%
• 3Y*: 30.00%
• 5Y*: —
• 10Y*: —

GINN

• 1D: -1.06%
• 1M: -1.95%
• YTD: 5.00%
• 6M: 3.65%
• 1Y: 20.17%
• 3Y*: 18.28%
• 5Y*: 5.45%
• 10Y*: —

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

FDTX vs. GINN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FDTX Fidelity Disruptive Technology ETF	35.95%	15.25%	23.99%	13.00%
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	5.00%	20.25%	18.71%	10.66%

Correlation

The correlation between FDTX and GINN is 0.84, 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	0.84
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jun 12, 2023	0.84

The correlation between FDTX and GINN has been stable across timeframes, ranging from 0.84 to 0.84 - a consistent structural relationship.

FDTX vs. GINN - Sectors Allocation Comparison

Sectors	FDTX	GINN
Technology	86.4%	32.6%
Communication Services	7.5%	10.7%
Consumer Cyclical	5.6%	12.7%
Industrials	0.5%	4.7%
Basic Materials	-	0.1%
Consumer Defensive	-	1.8%
Energy	-	1.7%
Financial Services	-	12.4%
Healthcare	-	20.6%
Real Estate	-	0.6%
Utilities	-	1.7%

Return for Risk

FDTX vs. GINN — Risk / Return Rank

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

FDTX

FDTX Risk / Return Rank: 52
FDTX Sharpe Ratio Rank: 55
FDTX Sortino Ratio Rank: 49
FDTX Omega Ratio Rank: 51
FDTX Calmar Ratio Rank: 54
FDTX Martin Ratio Rank: 49

GINN

GINN Risk / Return Rank: 35
GINN Sharpe Ratio Rank: 36
GINN Sortino Ratio Rank: 35
GINN Omega Ratio Rank: 34
GINN Calmar Ratio Rank: 33
GINN 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. GINN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Technology ETF (FDTX) and Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN). 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.

	FDTX	GINN	Difference
Sharpe ratio: Return per unit of total volatility	1.80	1.22	+0.57
Sortino ratio: Return per unit of downside risk	2.33	1.75	+0.58
Omega ratio: Gain probability vs. loss probability	1.31	1.22	+0.09
Calmar ratio: Return relative to maximum drawdown	2.55	1.54	+1.02
Martin ratio: Return relative to average drawdown	7.89	5.39	+2.50

FDTX vs. GINN - Sharpe Ratio Comparison

The current FDTX Sharpe Ratio is 1.80, which is higher than the GINN Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of FDTX and GINN, 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

FDTX vs. GINN - Drawdown Comparison

The maximum FDTX drawdown since its inception was -27.23%, smaller than the maximum GINN drawdown of -41.25%. Use the drawdown chart below to compare losses from any high point for FDTX and GINN.

Drawdown Indicators

	FDTX	GINN	Difference
Max Drawdown Largest peak-to-trough decline	-27.23%	-41.25%	+14.02%
Max Drawdown (1Y) Largest decline over 1 year	-19.38%	-13.18%	-6.20%
Max Drawdown (3Y) Largest decline over 3 years	-27.23%	-22.25%	-4.98%
Max Drawdown (5Y) Largest decline over 5 years	—	-41.25%	—
Current Drawdown Current decline from peak	-5.05%	-4.93%	-0.12%
Average Drawdown Average peak-to-trough decline	-5.50%	-13.28%	+7.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.25%	3.75%	+2.50%

Volatility

FDTX vs. GINN - Volatility Comparison

Fidelity Disruptive Technology ETF (FDTX) has a higher volatility of 15.19% compared to Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF (GINN) at 5.81%. This indicates that FDTX's price experiences larger fluctuations and is considered to be riskier than GINN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDTX	GINN	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.19%	5.81%	+9.38%
Volatility (6M) Calculated over the trailing 6-month period	23.17%	12.92%	+10.25%
Volatility (1Y) Calculated over the trailing 1-year period	27.51%	16.57%	+10.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.40%	21.44%	+4.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.40%	21.07%	+5.33%

FDTX vs. GINN - Expense Ratio Comparison

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

Dividends

FDTX vs. GINN - Dividend Comparison

FDTX has not paid dividends to shareholders, while GINN's dividend yield for the trailing twelve months is around 1.20%.

Position	TTM	2025	2024	2023	2022	2021	2020
FDTX Fidelity Disruptive Technology ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GINN Goldman Sachs ETF Trust Goldman Sachs Innovate Equity ETF	1.20%	1.26%	1.26%	1.01%	0.69%	0.67%	0.07%

Frequently Asked Questions

Can I hold both FDTX and GINN in my portfolio?

FDTX and GINN have a correlation of 0.84, 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 GINN?

FDTX has higher volatility (15.19%) compared to GINN (5.81%). In terms of maximum drawdown, FDTX dropped -27.23% vs GINN's -41.25%.

Which ETF is better, FDTX or GINN?

On 3-year performance, FDTX leads with 30.00% vs 18.28% for GINN. Both ETFs have the same 0.50% expense ratio. On volatility, GINN has been the lower-risk option at 5.81%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDTX or GINN?

Over the 3-year period, FDTX has performed better with a 30.00% return vs 18.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDTX or GINN?

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

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

GINN has the higher dividend yield at 1.20%, compared with 0.00% for FDTX.

What is the main difference between FDTX and GINN?

They also come from different issuers: Fidelity and Goldman Sachs.

Which has better risk-adjusted returns?

FDTX currently has the higher Sharpe Ratio (1.80 vs 1.22), 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.