FDCF

Fidelity Disruptive Communications ETF

$46.53
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The Fidelity Disruptive Communications ETF seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Disruptive Communications Index, which is designed to reflect the performance of companies engaged in disruptive communication technologies.

Overview

ETF tracking Fidelity Disruptive Communications ETF

Issuer Other
Inception Date 2023-06-12
Market Cap $93.1M
Average Volume N/A
Dividend Yield 0.03%
52-Week Range $32.38 - $50.34
VWAP $46.26

Performance

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Investment Summary

📎 Investment Objective

The Fidelity Disruptive Communications ETF seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Disruptive Communications Index, which is designed to reflect the performance of companies engaged in disruptive communication technologies.

🎯 Investment Strategy

The ETF invests in a portfolio of securities that seeks to track the Fidelity Disruptive Communications Index. The index is composed of companies that are involved in the development and application of disruptive communication technologies, such as 5G, cloud computing, and internet of things.

✨ Key Features

  • Provides exposure to companies at the forefront of disruptive communication technologies
  • Seeks to track the performance of the Fidelity Disruptive Communications Index
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Concentration risk as the fund is focused on a specific sector
  • Volatility risk as the fund invests in emerging and disruptive technologies
  • Lack of performance history makes it difficult to assess long-term returns
  • Liquidity risk due to the fund's small asset size

👤 Best For

This ETF may be suitable for investors seeking exposure to companies involved in disruptive communication technologies and who have a higher risk tolerance. However, due to the fund's limited performance history, it may be more appropriate for investors with a longer investment horizon and the ability to withstand potential volatility.