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FDIG - ETF AI Analysis
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Fidelity Crypto Industry and Digital Payments ETF (FDIG)
Rating:57Neutral
Price Target:―
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)
AUM300.26M
RegionGlobal
Expense Ratio0.39%
Beta2.11
IssuerFidelity
Inception DateApr 19, 2022
Dividend Yield0.06%
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. Volume53,785
30 Day Avg. Volume100,361
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
68.43Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering53
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 a global mix of holdings that reflect the industry's volatility. Coinbase and Circle Internet Group are dragging the fund, as both face bearish technical trends and financial challenges despite strategic growth efforts. On the brighter side, Cipher Mining and IREN are rising stars, benefiting from partnerships and AI-driven contracts that hint at future revenue growth. Overall, the fund’s performance is a mixed bag, with its reliance on crypto-related names making it sensitive to market swings in this niche sector.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Applied Digital Corporation | 7.28% | $21.85M | $9.15B | 253.77% | 54 Neutral | |
| Coinbase Global | 6.34% | $19.04M | $74.79B | -12.10% | 68 Neutral | |
| IREN | 5.49% | $16.49M | $15.34B | 227.03% | 64 Neutral | |
| Cipher Mining | 5.20% | $15.61M | $7.73B | 186.07% | 56 Neutral | |
| Circle Internet Group, Inc. Class A | 4.71% | $14.14M | $20.93B | ― | 64 Neutral | |
| TeraWulf Inc | 4.69% | $14.08M | $6.53B | 109.30% | 53 Neutral | |
| Cleanspark | 3.51% | $10.53M | $3.80B | 17.84% | 73 Outperform | |
| Riot Platforms | 3.33% | $9.99M | $5.77B | 32.28% | 68 Neutral | |
| Hut 8 | 3.26% | $9.77M | $4.87B | 67.90% | ― | |
| BitMine Immersion Technologies | 3.25% | $9.76M | $15.06B | 274.07% | ― |
FDIG Technical Analysis
Neutral
―
Price Trends
48.96
Negative
45.09
Negative
37.39
Positive
Market Momentum
-0.77
Negative
48.75
Neutral
70.69
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDIG, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 42.36, equal to the 50-day MA of 48.96, and equal to the 200-day MA of 37.39, indicating a neutral trend. The MACD of -0.77 indicates Negative momentum. The RSI at 48.75 is Neutral, neither overbought nor oversold. The STOCH value of 70.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FDIG.
FDIG Peer Comparison
Comparison Results
Performance Comparison
FDIG
Fidelity Crypto Industry and Digital Payments ETF
44.54
5.83
15.06%
CRBN
iShares MSCI ACWI Low Carbon Target ETF
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―
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BITQ
Bitwise Crypto Industry Innovators ETF
―
―
―
DAPP
VanEck Digital Transformation ETF
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―
―
TRFK
Pacer Data and Digital Revolution ETF
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―
SOCL
Global X Social Media ETF
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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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