FDTX

Fidelity Disruptive Technology ETF

$40.47

+0.00%

Market closed. Last update: 11:40 PM ET

📎 Investment Objective

The Fidelity Disruptive Technology ETF seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Disruptive Technology Index, which is designed to reflect the performance of companies that are transforming their industries through the use of disruptive technologies.

Overview

ETF tracking Fidelity Disruptive Technology ETF

Category Technology

Issuer Other

Inception Date 2023-06-12

Market Cap $194.3M

Average Volume N/A

Dividend Yield 0.00%

52-Week Range $27.86 - $43.36

VWAP $40.28

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests in a diversified portfolio of companies that are leading the development and application of disruptive technologies, such as artificial intelligence, robotics, cloud computing, e-commerce, and cybersecurity. The fund's holdings are selected and weighted based on their potential for long-term growth and disruption within their respective industries.

✨ Key Features

Exposure to a portfolio of companies at the forefront of technological innovation and disruption
Diversified across multiple disruptive technology themes and sectors
Passively managed to track the Fidelity Disruptive Technology Index
Low expense ratio of 0.00%

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific sector and technology themes
Volatility risk as disruptive technology companies may experience significant price swings
Liquidity risk as some holdings may have limited trading volume
Regulatory risk as changes in government policies could impact the performance of disruptive technology companies

👤 Best For

The Fidelity Disruptive Technology ETF is best suited for long-term investors with a high-risk tolerance who are seeking exposure to the growth potential of companies driving technological innovation and disruption across various industries. This ETF may be appropriate as a satellite holding within a diversified portfolio.