FDTX
Fidelity Disruptive Technology ETF
FDTX is an actively managed fund that invests in innovative businesses believed to have the potential for market disruption. The fund holds global disruptive technology companies, from machine learning to next-generation hardware and AI.
Global
EQUITY
Active
MANAGEMENT STYLE
$ 228.8 M
ASSETS UNDER MGMT
50 bp
EXPENSES
Fund Basics
| Inception date | Apr 16, 2020 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| MARVELL TECHNOLOGY, INC. | 7.7 % |
| TAIWAN SEMICONDUCTOR-SP ADR | 6.7 % |
| MICRON TECHNOLOGY INC | 6.2 % |
| NVIDIA CORP | 5.2 % |
| AMAZON.COM INC | 4.7 % |
| ALPHABET INC. CLASS C | 4.4 % |
| MICROSOFT CORP | 4.1 % |
| COHERENT CORP | 3.9 % |
| BE SEMICONDUCTOR INDUSTRIES | 3.9 % |
| META PLATFORMS INC | 3.3 % |
Constituent Breakdown
| Number of holdings | 50 |
| Herfindahl-Hirschman Index | 370 |
| Wgt avg mkt cap (mns) | $1,073,327 |
| Large cap (>$10bn) | 90.7% |
| Mid cap ($2-10bn) | 4.7% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 86.4% |
| Emerging mkts. | 9.8% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 67.5 % |
 |
TAIWAN | 9.9 % |
 |
NETHERLANDS | 5.9 % |
 |
CANADA | 4.6 % |
 |
JAPAN | 3.1 % |
 |
IRELAND | 2.2 % |
 |
GERMANY | 1.4 % |
 |
ISRAEL | 1.1 % |
 |
CHINA | 1.0 % |
 |
SINGAPORE | 1.0 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 12.3% | 40.7% | 22.9% | -- | -- | -- | -- | 22.5% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | -- | -- | -- | -- | 0.0% |
| Total Returns | 12.3% | 40.7% | 22.9% | -- | -- | -- | -- | 22.5% | Ann. Volatility | 28.8% | 23.4% | 26.7% | -- | -- | -- | -- | 25.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.63 | 74% |
| MSCI EAFE | 0.97 | 36% |
| MSCI Emg Mkts | 0.91 | 51% |
Liquidity Measures
| Avg. volume (000) | 25 |
| ADV traded (mns) | $1 |
| Turnover | 0.5% |
| Avg. Bid/Ask (% of price) | 0.16% |
Technical Indicators
| 30d moving avg. (EMA) | $44.02 |
| Relative strength (RSI) | 71 |
| MACD/Signal | 2.30/2.00 |
| Bollinger Bands (Upper/Lower) | $49.88/$40.53 |
| Short interest (% of AUM) | 0.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FDTX |
Expenses vs. FDTX |
ALTAR Score™ vs. FDTX |
|---|---|---|---|---|
| AGIX | KraneShares Artificial Intelligence and Technology ETF | 52.5% | +49 bp | -0.7% |
| IVES | Wedbush ETFMG Global Cloud Technology ETF | 41.9% | +18 bp | +2.1% |
| WUGI | AXS Esoterica NextG Economy ETF | 41.8% | +25 bp | -0.1% |
| NYSX | Global X NYSE 100 ETF | 40.7% | -41 bp | -2.5% |
| AOTG | AOT Growth and Innovation ETF | 38.5% | +25 bp | -0.1% |
| IETC | iShares U.S. Tech Independence Focused ETF | 35.5% | -32 bp | +1.3% |
| IGM | iShares Expanded Tech Sector ETF | 35.3% | -9 bp | +0.8% |
| QQWZ | Pacer Cash COWZ 100-Nasdaq100 Rotator ETF | 35.0% | -1 bp | +5.5% |
| XNTK | State Street SPDR NYSE Technology ETF | 34.3% | -15 bp | +0.6% |
| QTEC | First Trust NASDAQ-100 Technology Sector Index Fund | 34.2% | +7 bp | +0.6% |
Risk and Returns: FDTX vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 5/16/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
2.5%
ALTAR SCORE™
25th
PERCENTILE
UNDERWEIGHT
ETFRC RATING
There are 584 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. FDTX's ALTAR Score™ is approximately -0.7 standard
deviations above the category average. This places FDTX in the 25th percentile
among funds in the category.
Sell-Side Consensus
$52.65
PRICE TARGET
+6.7%
UPSIDE