
This ETF seeks to invest in cutting-edge companies that are pioneering advancements across the spectrum of automation. This includes everything from sophisticated industrial robotics and artificial intelligence (AI) to the development of autonomous driving systems.
Is FBOT's expense ratio expensive, average, or a steal for its category?
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As the market faces more and more concentration risk from the dominance of just a few AI hyperscalers, investors are on the lookout for ETF tools to diversify their portfolios while still chasing upside.

The Fidelity Disruptive Automation ETF offers concentrated exposure to companies enabling the AI infrastructure buildout, not a broad global equity proxy. FBOT has outperformed the MSCI ACWI recently, returning 27% over the past year, but exhibits high volatility and sector concentration. The fund's portfolio is a high-beta, picks-and-shovels play on AI capex, with material exposure to semiconductors, automation, and emerging markets.

AI investing remains a top priority for investors ahead of 2026. Finding the right way into that trend, however, is the real task.

Fidelity Disruptive Automation ETF (NASDAQ: FBOT - Get Free Report) rose 1.3% on Friday. The company traded as high as $35.30 and last traded at $35.26. Approximately 23,903 shares traded hands during mid-day trading, a decline of 7% from the average daily volume of 25,787 shares. The stock had previously closed at $34.82. Fidelity Disruptive

Fidelity Investment's suite of disruptive ETFs are designed to capture growth opportunities arising from groundbreaking innovation and transformative technologies.