Skip to content

FDCFFidelity Disruptive Communications ETF

Grow my money6y track recordRanked #1,476 of 2,998 in this goal

Seeks long-term growth of capital.

By Fidelity Investments · Launched 2020

Annual Cost

0.50%

#2,668 of 5,861 · average

Fund Size

$100M

#3,001 of 5,861 · mid-size

Return (1Y)Goal

+7.2%

Track Record

6 years

#2,041 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,669+6.7%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Cap

Multi cap

Strategy

Active selection

Focus

General Innovation

What it actually holds

By weight

Concentration

Top 10 holdings = 55.3% of fundmoderately concentrated

TAIWAN SEMICONDUCTOR MFG CO LTD
10.2%
ALPHABET INC
8.0%
META PLATFORMS INC
7.1%
NVIDIA CORP
5.2%
ARISTA NETWORKS INC
5.2%
AMAZON.COM INC
4.7%
WARNER BROS DISCOVERY INC
4.5%
SEA LTD
3.6%
Fidelity Revere Street Trust
3.4%
T-MOBILE US INC
3.4%

Asset allocation

Stocks
99.6%
Cash
2.0%

By sector

Communication
48.5%
Technology
36.8%
Consumer Cyclical
9.8%
Industrials
4.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
19.7%Moderate

Year-on-year price swings

Max drawdown
-22.6%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.89Decent risk-adjusted returns
Sortino (3Y)
1.27Good downside protection

Listing

Exchange
NASDAQ Global Market, NASDAQ Global Select Market

Full fund details

Objective
Seeks long-term growth of capital.
Strategy
Normally invests at least 80% in securities of disruptive communications companies, focusing on innovative developments that could disrupt traditional business models. Invests in both growth and value stocks of domestic and foreign issuers, using fundamental analysis for portfolio construction.
Inception date
April 16, 2020
Fund family
Fidelity Investments

What's next?

You've looked at FDCF. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.

Data updated on 2026-08-04