Fidelity Disruptive Technology ETF

Frequently Asked Questions About FDTX

What does FDTX invest in?

FDTX aims for long-term capital growth by utilizing Fidelitys disruptive strategies which identify global technology companies perceived to disrupt market conditions or displace incumbents over time. These companies are those that, in the adviser's opinion, are engaged in big data, machine learning, AI, cloud computing, cybersecurity, e-commerce and consumer technologies, rideshare, battery technology, and next-generation hardware. The portfolio is constructed using a fundamental analysis of factors like financial, market, and economic conditions, and industry positions. FDXT converted from a mutual fund called Fidelity Disruptive Technology Fund to an actively managed ETF structure starting with $104 million in net assets.

What is the expense ratio of FDTX?

Fidelity Disruptive Technology ETF (FDTX) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FDTX?

Fidelity Disruptive Technology ETF (FDTX) manages $287.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is FDTX actively managed or an index fund?

FDTX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FDTX's is 0.50%) in exchange for the discretion to over- or under-weight positions.

When was FDTX launched?

Fidelity Disruptive Technology ETF (FDTX) launched in April 2020 and is managed by Fidelity.

How has FDTX performed?

FDTX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.