FDTX vs. XT

Last updated Jun 4, 2026

FDTX (Fidelity Disruptive Technology ETF) and XT (iShares Future Exponential Technologies ETF) are both Technology Equities funds. FDTX is actively managed, while XT is passively managed. Over the past year, FDTX returned 60.66% vs 45.88% for XT. Their correlation of 0.85 suggests significant overlap in exposure. FDTX charges 0.50%/yr vs 0.46%/yr for XT.

Performance

FDTX vs. XT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptive Technology ETF (FDTX) and iShares Future Exponential Technologies ETF (XT). 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 XT's 20.20% return.

FDTX

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

XT

• 1D: -0.47%
• 1M: 9.47%
• YTD: 20.20%
• 6M: 20.54%
• 1Y: 45.88%
• 3Y*: 18.83%
• 5Y*: 8.42%
• 10Y*: 14.70%

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

FDTX vs. XT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FDTX Fidelity Disruptive Technology ETF	42.39%	15.25%	23.99%	11.73%
XT iShares Future Exponential Technologies ETF	20.20%	26.28%	0.29%	8.64%

Correlation

The correlation between FDTX and XT 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 (All Time) Calculated using the full available price history since Jun 13, 2023	0.85

The correlation between FDTX and XT has been stable across timeframes, ranging from 0.84 to 0.85 - a consistent structural relationship.

FDTX vs. XT - Sectors Allocation Comparison

Sectors	FDTX	XT
Technology	82.7%	43.5%
Communication Services	8.7%	5.2%
Consumer Cyclical	8.6%	7.9%
Basic Materials	-	2.0%
Consumer Defensive	-	0.0%
Energy	-	0.3%
Financial Services	-	3.3%
Healthcare	-	23.4%
Industrials	-	10.1%
Real Estate	-	0.0%
Utilities	-	4.6%

Return for Risk

FDTX vs. XT — 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

XT

XT Risk / Return Rank: 84
XT Sharpe Ratio Rank: 86
XT Sortino Ratio Rank: 84
XT Omega Ratio Rank: 79
XT Calmar Ratio Rank: 83
XT Martin Ratio Rank: 86

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. XT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Technology ETF (FDTX) and iShares Future Exponential Technologies ETF (XT). 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	XT	Difference
Sharpe ratio: Return per unit of total volatility	2.49	2.89	-0.39
Sortino ratio: Return per unit of downside risk	3.14	3.83	-0.69
Omega ratio: Gain probability vs. loss probability	1.40	1.48	-0.08
Calmar ratio: Return relative to maximum drawdown	3.15	4.41	-1.26
Martin ratio: Return relative to average drawdown	9.96	18.51	-8.55
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. XT - Sharpe Ratio Comparison

The current FDTX Sharpe Ratio is 2.49, which is comparable to the XT Sharpe Ratio of 2.89. The chart below compares the historical Sharpe Ratios of FDTX and XT, 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	XT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.49	2.89	-0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.41	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	0.66	+0.60

Drawdowns

FDTX vs. XT - Drawdown Comparison

The maximum FDTX drawdown since its inception was -27.23%, smaller than the maximum XT drawdown of -34.41%. Use the drawdown chart below to compare losses from any high point for FDTX and XT.

Drawdown Indicators

	FDTX	XT	Difference
Max Drawdown Largest peak-to-trough decline	-27.23%	-34.41%	+7.18%
Max Drawdown (1Y) Largest decline over 1 year	-19.38%	-10.45%	-8.93%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.09%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.41%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.41%	—
Current Drawdown Current decline from peak	-0.55%	-0.47%	-0.08%
Average Drawdown Average peak-to-trough decline	-5.52%	-7.41%	+1.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.11%	2.49%	+3.62%

Volatility

FDTX vs. XT - Volatility Comparison

Fidelity Disruptive Technology ETF (FDTX) has a higher volatility of 8.47% compared to iShares Future Exponential Technologies ETF (XT) at 4.85%. This indicates that FDTX's price experiences larger fluctuations and is considered to be riskier than XT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDTX	XT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.47%	4.85%	+3.62%
Volatility (6M) Calculated over the trailing 6-month period	19.47%	11.94%	+7.53%
Volatility (1Y) Calculated over the trailing 1-year period	24.46%	15.99%	+8.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.52%	20.76%	+4.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.52%	20.08%	+5.44%

FDTX vs. XT - Expense Ratio Comparison

FDTX has a 0.50% expense ratio, which is higher than XT's 0.46% expense ratio.

Dividends

FDTX vs. XT - Dividend Comparison

FDTX has not paid dividends to shareholders, while XT's dividend yield for the trailing twelve months is around 6.61%.

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%
XT iShares Future Exponential Technologies ETF	6.61%	7.95%	0.66%	0.41%	0.78%	0.84%	0.77%	1.55%	1.40%	0.97%	1.37%	1.34%

Frequently Asked Questions

Can I hold both FDTX and XT in my portfolio?

FDTX and XT 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 XT?

FDTX has higher volatility (8.47%) compared to XT (4.85%). In terms of maximum drawdown, FDTX dropped -27.23% vs XT's -34.41%.

Which ETF is better, FDTX or XT?

On 1-year performance, FDTX leads with 60.66% vs 45.88% for XT. On fees, XT is cheaper at 0.46% per year. On volatility, XT has been the lower-risk option at 4.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FDTX or XT?

Over the 1-year period, FDTX has performed better with a 60.66% return vs 45.88%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FDTX or XT?

XT is cheaper with a 0.46% expense ratio, compared with 0.50% for FDTX.

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

XT has the higher dividend yield at 6.61%, compared with 0.00% for FDTX.

What is the main difference between FDTX and XT?

They also come from different issuers: Fidelity and iShares. Their fees differ too: 0.50% for FDTX and 0.46% for XT.

Which has better risk-adjusted returns?

XT currently has the higher Sharpe Ratio (2.89 vs 2.49), 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.