FDIG - ETF AI Analysis

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Fidelity Crypto Industry and Digital Payments ETF (FDIG)

Rating:56Neutral

Price Target:―

FDIG’s rating suggests it is a somewhat mixed but reasonably solid way to invest in the crypto industry and digital payments, with both promising leaders and notable risks. Strong contributors like COIN, IREN, CRCL, XYZ, and FIGR help the fund by showing solid financial performance, strategic growth initiatives, and positive earnings calls, even though some face short-term technical or cash flow concerns. However, weaker holdings such as APLD and WULF, which struggle with profitability, cash flow, and leverage, along with the fund’s overall focus on a volatile crypto-related sector, add meaningful risk and likely hold back the overall rating.

Positive Factors

Strong Year-to-Date Performance

The ETF has delivered solid gains so far this year, showing strength in its crypto and digital payments focus.

Leading Holdings Showing Strong Momentum

Several of the largest positions, including IREN, Applied Digital, Riot Platforms, Figure Technology Solutions, Cipher Mining, and Hut 8, have posted strong year-to-date gains that support the fund’s overall performance.

Moderate Expense Ratio for a Specialized Theme

The fund’s expense ratio is relatively moderate for a niche, crypto-focused strategy, helping investors keep more of their returns compared with many specialized products.

Negative Factors

High Concentration in Crypto-Related Financials

With most assets in financial and technology companies tied to crypto and digital payments, the fund is heavily exposed to swings in this single theme.

Recent Short-Term Weakness

The ETF has shown weak performance over the last three months, indicating recent volatility and potential loss of momentum.

Underperforming and Mixed Top Holdings

Some key positions, such as Circle Internet Group and Block, have shown weak or negative year-to-date performance, which can drag on overall returns.

FDIG vs. SPDR S&P 500 ETF (SPY)

AUM254.99M

RegionGlobal

Expense Ratio0.39%

Beta2.16

IssuerFidelity

Inception DateApr 19, 2022

Dividend Yield1.37%

Asset ClassEquity

Index TrackedFidelity Crypto Industry and Digital Payments Index - Benchmark TR Net

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume70,421

30 Day Avg. Volume73,576

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

64.92

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering56

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

FDIG Summary

FDIG is the Fidelity Crypto Industry and Digital Payments ETF, which follows the Fidelity Crypto Industry and Digital Payments Index. It focuses on the digital economy theme, mainly companies involved in cryptocurrencies, blockchain, and cashless payment systems. Well-known holdings include Coinbase Global and Block (the company behind Cash App). Someone might invest in FDIG if they believe digital payments and crypto-related businesses will keep growing and want targeted exposure instead of picking individual stocks. A key risk is that it is heavily tied to crypto and tech-related companies, so its price can be very volatile and may drop sharply.

How much will it cost me?The Fidelity Crypto Industry and Digital Payments ETF (FDIG) has an expense ratio of 0.40%, which means you’ll pay $4 per year for every $1,000 invested. This is slightly higher than average because it is actively managed to focus on a niche sector like the digital economy and cryptocurrency, requiring more specialized research and management.

What would affect this ETF?FDIG could benefit from increasing adoption of cryptocurrencies and digital payment solutions as more businesses and consumers embrace blockchain technology and cashless transactions. However, the ETF may face challenges from regulatory uncertainty surrounding cryptocurrencies and potential market volatility in the tech and financial sectors, which make up the majority of its holdings.

FDIG Top 10 Holdings

FDIG is riding the crypto and digital-payments wave, with a heavy tilt toward crypto miners and platforms rather than traditional tech. Names like IREN, Applied Digital, and Riot Platforms are doing much of the heavy lifting lately, as their shares have been rising on growth and data-center stories, even if profits are still a work in progress. On the flip side, Coinbase, Circle, and Block have been losing steam, tempering overall gains. The fund is globally focused but thematically narrow, making it a high-conviction bet on the digital asset ecosystem.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
IREN	IREN	6.05%	$15.42M	$14.72B	391.33%	64 Neutral
APLD	Applied Digital Corporation	5.32%	$13.56M	$8.82B	300.25%	54 Neutral
COIN	Coinbase Global	4.46%	$11.38M	$45.47B	-38.71%	68 Neutral
WULF	TeraWulf Inc	3.70%	$9.43M	$5.81B	173.77%	50 Neutral
HUT	Hut 8	3.62%	$9.23M	$5.84B	160.87%	―
CRCL	Circle Internet Group, Inc. Class A	3.36%	$8.58M	$12.96B	―	64 Neutral
RIOT	Riot Platforms	3.31%	$8.45M	$5.26B	20.44%	68 Neutral
CIFR	Cipher Mining	3.27%	$8.34M	$5.63B	179.86%	56 Neutral
XYZ	Block	3.08%	$7.85M	$34.90B	-33.22%	72 Outperform
BMNR	BitMine Immersion Technologies	3.06%	$7.81M	$9.23B	217.24%	―

FDIG Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

41.64

Negative

100DMA

45.55

Negative

200DMA

39.89

Negative

Market Momentum

MACD

-1.57

Positive

RSI

24.62

Positive

STOCH

10.05

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDIG, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 41.60, equal to the 50-day MA of 41.64, and equal to the 200-day MA of 39.89, indicating a bearish trend. The MACD of -1.57 indicates Positive momentum. The RSI at 24.62 is Positive, neither overbought nor oversold. The STOCH value of 10.05 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FDIG.

FDIG Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
FDIG	―	―	$254.99M	0.39%	―
ARKF	―	―	$907.32M	0.75%	―
TRFK	―	―	$445.14M	0.49%	―
BITQ	―	―	$400.70M	0.85%	―
DAPP	―	―	$310.89M	0.52%	―
SOCL	―	―	$124.58M	0.65%	―

Performance Comparison

FDIG

Fidelity Crypto Industry and Digital Payments ETF

32.67

-1.06

-3.14%

ARKF

ARK Fintech Innovation ETF

―

TRFK

Pacer Data and Digital Revolution ETF

―

BITQ

Bitwise Crypto Industry Innovators ETF

―

DAPP

VanEck Digital Transformation ETF

―

SOCL

Global X Social Media ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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