FDIG - ETF AI Analysis

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Fidelity Crypto Industry and Digital Payments ETF (FDIG)

Rating:56Neutral

Price Target:

$47.00

The Fidelity Crypto Industry and Digital Payments ETF (FDIG) has a balanced overall rating, reflecting both strengths and challenges within its holdings. Coinbase (COIN) and IREN are key contributors to the fund's rating, with strong financial performance and strategic growth initiatives, such as IREN's AI cloud contract with Microsoft, standing out. However, weaker holdings like Applied Digital Corporation (APLD) and TeraWulf Inc. (WULF), which face significant financial and profitability challenges, weigh on the ETF's overall score. A notable risk is the fund's concentration in companies with high exposure to the volatile cryptocurrency and digital payments sectors, which could impact performance during market downturns.

Positive Factors

Strong Year-to-Date Performance

The ETF has delivered strong gains year-to-date, reflecting positive momentum in its holdings.

Focused Exposure to Growth Sectors

The fund is heavily weighted in financial and technology sectors, which are key drivers of innovation and growth.

Reasonable Expense Ratio

The ETF charges a competitive expense ratio, making it cost-effective compared to many actively managed funds.

Negative Factors

High Geographic Concentration in the U.S.

With over 90% of its exposure in U.S. companies, the fund is vulnerable to domestic market risks.

Over-Concentration in Top Holdings

The top holdings represent a significant portion of the portfolio, increasing reliance on a few companies' performance.

Volatility in Crypto-Related Stocks

Many of the fund's holdings are tied to the crypto industry, which is known for high price swings and regulatory uncertainty.

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

AUM264.26M

RegionGlobal

Expense Ratio0.39%

Beta2.02

IssuerFidelity

Inception DateApr 19, 2022

Dividend Yield0.07%

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. Volume93,369

30 Day Avg. Volume96,915

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

70.48

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering57

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

FDIG Summary

The Fidelity Crypto Industry and Digital Payments ETF (FDIG) is an investment fund focused on companies driving innovation in cryptocurrency and digital payment solutions. It tracks the Fidelity Crypto Industry and Digital Payments Index, giving investors exposure to the growing digital economy. Some of its top holdings include Coinbase Global and Applied Digital Corporation, which are leaders in blockchain and crypto-related services. This ETF might appeal to investors looking for growth opportunities in the tech and financial sectors. However, it’s important to note that the ETF is heavily tied to the volatile crypto market, meaning its value can rise and fall significantly based on market trends.

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

The FDIG ETF is heavily concentrated in the crypto and digital payments sectors, with Coinbase and Applied Digital leading the charge. Coinbase has shown mixed performance recently, with strong product expansion offset by market volatility. Applied Digital, on the other hand, is rising steadily thanks to its momentum in AI infrastructure, despite financial hurdles. Circle Internet Group is lagging, weighed down by bearish technical trends and valuation concerns. Meanwhile, Iris Energy and Cipher Mining are showing promising growth, driven by positive earnings sentiment and strategic initiatives. The fund’s global exposure and focus on innovation make it a high-risk, high-reward play for forward-thinking investors.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
COIN	Coinbase Global	6.81%	$17.98M	$71.17B	-18.19%	67 Neutral
IREN	IREN	6.27%	$16.56M	$13.40B	369.26%	69 Neutral
APLD	Applied Digital Corporation	5.75%	$15.18M	$6.41B	149.34%	42 Neutral
CRCL	Circle Internet Group, Inc. Class A	4.58%	$12.09M	$18.04B	―	63 Neutral
CIFR	Cipher Mining	4.30%	$11.37M	$5.67B	118.26%	51 Neutral
WULF	TeraWulf Inc	3.75%	$9.90M	$4.63B	62.60%	47 Neutral
RIOT	Riot Platforms	3.36%	$8.88M	$5.16B	13.61%	65 Neutral
XYZ	Block	3.14%	$8.30M	$35.79B	-35.74%	73 Outperform
HUT	Hut 8	3.08%	$8.14M	$4.09B	52.97%	―
BMNR	BitMine Immersion Technologies	2.89%	$7.64M	$8.81B	374.70%	―

FDIG Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

50.25

Negative

100DMA

44.38

Negative

200DMA

36.63

Positive

Market Momentum

MACD

-3.11

Positive

RSI

29.02

Positive

STOCH

6.67

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 48.91, equal to the 50-day MA of 50.25, and equal to the 200-day MA of 36.63, indicating a neutral trend. The MACD of -3.11 indicates Positive momentum. The RSI at 29.02 is Positive, neither overbought nor oversold. The STOCH value of 6.67 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	―	―	$264.26M	0.39%	56 Neutral
CGW	―	―	$993.04M	0.59%	59 Neutral
BITQ	―	―	$378.88M	0.85%	61 Neutral
TRFK	―	―	$311.93M	0.49%	72 Outperform
DAPP	―	―	$280.84M	0.51%	47 Neutral
SOCL	―	―	$138.95M	0.65%	63 Neutral

Performance Comparison

FDIG

Fidelity Crypto Industry and Digital Payments ETF

39.59

2.55

6.88%

CGW

Invesco S&P Global Water Index ETF

―

BITQ

Bitwise Crypto Industry Innovators ETF

―

TRFK

Pacer Data and Digital Revolution 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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