FDIFFidelity Disruptors ETF

Grow my money6y track recordRanked #1,583 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

$107M

#2,873 of 5,562 · mid-size

Return (1Y)Goal

+23.6%

Track Record

6 years

#2,086 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$12,357+23.6%

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

Classification

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Cap

Multi cap

Focus

General Innovation

What it actually holds

By weight

Concentration

Top 7 holdings = 100.7% of fund✓ diversified through underlying funds

Fidelity Covington Trust

21.8%

Fidelity Covington Trust

21.0%

Fidelity Covington Trust

20.3%

Fidelity Covington Trust

19.1%

Fidelity Covington Trust

17.6%

Fidelity Revere Street Trust

0.8%

Fidelity Revere Street Trust

0.1%

Asset allocation

Stocks

99.3%

Cash

3.4%

By sector

Technology

40.4%

Healthcare

16.9%

Communication

13.5%

Industrials

12.1%

Financial Services

11.6%

Consumer Cyclical

5.3%

Real Estate

0.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

18.0%Moderate

Year-on-year price swings

Max drawdown

-22.6%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

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 a combination of five Fidelity funds focused on disruptive themes across various sectors. Each fund targets companies engaged in innovative practices in automation, communications, finance, medicine, and technology. The strategy aims to identify developments that could disrupt traditional business models and create new value networks, enhancing the delivery of products and services to customers.
Inception date: April 16, 2020
Fund family: Fidelity Investments