FDIF

Fidelity Disruptors ETF

$35.07

+0.00%

Market closed. Last update: 11:36 PM ET

📎 Investment Objective

The Fidelity Disruptors ETF (FDIF) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Disruptors Index, which is designed to measure the performance of companies that are leading the way in disruptive innovation across various sectors.

Overview

ETF tracking Fidelity Disruptors ETF

Category Innovation

Issuer Other

Inception Date 2023-06-20

Market Cap $98.2M

Average Volume N/A

Dividend Yield 0.40%

52-Week Range $26.15 - $36.61

VWAP $35.13

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a portfolio of stocks of companies that are at the forefront of disruptive innovation, such as those involved in areas like artificial intelligence, robotics, cloud computing, e-commerce, and financial technology. The fund's holdings are selected and weighted based on their potential to drive disruption and innovation in their respective industries.

✨ Key Features

Exposure to companies leading disruptive innovation across multiple sectors
Diversified portfolio aiming to capture the growth potential of disruptive technologies
Passively managed to track the Fidelity Disruptors Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific theme of disruptive innovation
Volatility risk as the stocks of innovative companies may experience significant price swings
Liquidity risk as the fund is relatively new and may have lower trading volume
Market risk as the overall stock market may experience periods of decline

👤 Best For

The Fidelity Disruptors ETF may be suitable for long-term investors with a high-risk tolerance who are seeking exposure to companies at the forefront of disruptive innovation and technological change. This fund may be appropriate as a satellite holding within a diversified investment portfolio.