FDFFFidelity Disruptive Finance ETF

Grow my money6y track recordRanked #1,827 of 2,960 in this goal

Seeks long-term growth of capital.

By Fidelity Investments · Launched 2020

Annual Cost

0.50%

#2,576 of 5,562 · average

Fund Size

$42M

#3,723 of 5,562 · mid-size

Return (1Y)Goal

-11.2%

Track Record

6 years

#2,086 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$8,983-10.2%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Cap

Multi cap

Strategy

Active selection

Sector

Financials

Focus

General Innovation

What it actually holds

By weight

Concentration

Top 10 holdings = 46.9% of fundmoderately concentrated

CAPITAL ONE FINANCIAL CORP

6.1%

BLACKROCK INC

5.4%

BLOCK INC

4.7%

ADYEN NV

4.5%

MASTERCARD INC

4.5%

APOLLO GLOBAL MANAGEMENT, INC

4.5%

DBS GROUP HOLDINGS LTD

4.4%

VISA INC

4.3%

EQUIFAX INC

4.3%

Fidelity Revere Street Trust

4.2%

Asset allocation

Stocks

98.8%

Cash

3.2%

By sector

Financial Services

75.4%

Technology

18.8%

Industrials

4.2%

Real Estate

0.8%

Consumer Cyclical

0.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

18.4%Moderate

Year-on-year price swings

Max drawdown

-23.1%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.42Below average

Sortino (3Y)

0.59Moderate downside risk

Where to buy

Listing

Exchange: NASDAQ Global Market, NASDAQ Global Select Market

Full fund details

Objective: Seeks long-term growth of capital.
Strategy: Invests primarily in securities of disruptive finance companies, focusing on innovative developments that could disrupt traditional financial services. Uses fundamental analysis to select both growth and value stocks, investing in domestic and foreign issuers across economic sectors.
Inception date: April 16, 2020
Fund family: Fidelity Investments