Fidelity Disruptive Finance ETFFidelity Disruptive Finance ETFFidelity Disruptive Finance ETF

Fidelity Disruptive Finance ETF

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Key stats

Assets under management (AUM)
‪44.00 M‬USD
Fund flows (1Y)
‪30.47 M‬USD
Dividend yield (indicated)
0.36%
Discount/Premium to NAV
−0.7%

About Fidelity Disruptive Finance ETF

Issuer
FMR LLC
Brand
Fidelity
Expense ratio
0.50%
Inception date
Jun 12, 2023
Index tracked
No Underlying Index
Management style
Active
FDFF seeks long-term capital appreciation by utilizing proprietary disruptive strategies in identifying companies involved in disruptive technologies for its portfolio. Disruptive technologies are innovations that may reshape how businesses currently deliver their services and operate, potentially displacing industry leaders over time. The fund primarily invests in growth and value stocks of companies in disruptive finance globally. These are organizations offering digital finance solutions such as blockchain enabled financial services, digital payments, embedded finance and AI-enabled underwriting amongst others. The fund adviser uses fundamental analysis, looking into an issuers financial situation, management, etc., as well as economic and market conditions for its portfolio construction. The adviser may buy, sell and hold decisions at their discretion. FDFF converted from a mutual fund to an actively managed ETF, with $41 million in assets.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
FinTech
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 24, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Technology Services
Commercial Services
Stocks99.76%
Finance54.14%
Technology Services22.03%
Commercial Services19.18%
Retail Trade0.88%
Bonds, Cash & Other0.24%
Mutual fund3.90%
Cash−3.65%
Stock breakdown by region
76%19%3%
North America76.74%
Europe19.88%
Asia3.38%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows