FDIG - ETF AI Analysis
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Fidelity Crypto Industry and Digital Payments ETF (FDIG)
Rating:54Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered positive year-to-date returns, showing that its focus on crypto-related and digital payment companies has recently been rewarded.
Several Strong Top Holdings
Many of the largest positions, including companies like IREN, Circle, Applied Digital, TeraWulf, Cipher Mining, Hut 8, MARA, and Block, have shown strong gains this year, helping drive the fund’s overall results.
Moderate Expense Ratio
The fund’s expense ratio is reasonable for a specialized, niche strategy, allowing investors to access the crypto and digital payments theme without extremely high ongoing fees.
Negative Factors
High Industry Concentration
The ETF is heavily focused on financial and technology companies tied to crypto and digital payments, which can make it more volatile and sensitive to swings in this single theme.
Top Holdings Are Concentrated and Volatile
A relatively small number of crypto-exposed stocks make up a meaningful share of the portfolio, and some, like Coinbase and BitMine Immersion Technologies, have shown weak performance this year, adding stock-specific risk.
Limited Geographic Diversification
With the vast majority of assets in U.S. companies and only small exposure to other countries, the fund offers little protection if the U.S. market or U.S.-listed crypto-related stocks come under pressure.
FDIG vs. SPDR S&P 500 ETF (SPY)
AUM250.36M
RegionGlobal
Expense Ratio0.39%
Beta2.16
IssuerFidelity
Inception DateApr 19, 2022
Dividend Yield1.17%
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. Volume40,453
30 Day Avg. Volume47,027
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
57.05Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering55
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 and cashless payment technology. The fund holds firms like Coinbase Global and Block, which help people trade crypto and make digital payments. An investor might consider FDIG if they want growth potential from the rise of crypto and digital payments, while still owning a basket of different related companies. However, this ETF is heavily tied to the crypto and tech sectors, so its price can be very volatile and may swing sharply up or down.
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 Hut 8, TeraWulf, and MARA have been rising and are doing much of the heavy lifting, while Coinbase and BitMine are lagging and occasionally throwing sand in the fund’s gears. Applied Digital and Cipher Mining show mixed but generally positive momentum, adding some spark. The portfolio is globally focused but thematically narrow, making it a high-conviction bet on the crypto infrastructure and digital payments ecosystem.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| IREN | 5.70% | $15.11M | $16.80B | 656.81% | 64 Neutral | |
| Coinbase Global | 4.96% | $13.16M | $52.75B | -4.18% | 68 Neutral | |
| Applied Digital Corporation | 4.32% | $11.47M | $10.00B | 614.86% | 54 Neutral | |
| Circle Internet Group, Inc. Class A | 4.06% | $10.78M | $24.64B | ― | 64 Neutral | |
| BitMine Immersion Technologies | 3.90% | $10.35M | $11.90B | 169.38% | ― | |
| TeraWulf Inc | 3.85% | $10.21M | $9.66B | 609.60% | 50 Neutral | |
| Cipher Mining | 3.68% | $9.75M | $7.37B | 493.46% | 56 Neutral | |
| Hut 8 | 3.63% | $9.63M | $8.56B | 469.70% | ― | |
| MARA Holdings | 3.54% | $9.39M | $4.43B | -20.20% | 64 Neutral | |
| Block | 3.02% | $8.01M | $42.91B | 22.22% | 72 Outperform |
FDIG Technical Analysis
Positive
―
Price Trends
36.66
Positive
38.53
Positive
41.45
Negative
Market Momentum
1.15
Positive
58.49
Neutral
40.66
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDIG, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 38.82, equal to the 50-day MA of 36.66, and equal to the 200-day MA of 41.45, indicating a neutral trend. The MACD of 1.15 indicates Positive momentum. The RSI at 58.49 is Neutral, neither overbought nor oversold. The STOCH value of 40.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for FDIG.
FDIG Peer Comparison
Comparison Results
Performance Comparison
FDIG
Fidelity Crypto Industry and Digital Payments ETF
40.45
13.75
51.50%
GII
SPDR S&P Global Infrastructure ETF
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―
―
BKGI
BNY Mellon Global Infrastructure Income ETF
―
―
―
TRFK
Pacer Data and Digital Revolution ETF
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―
DAPP
VanEck Digital Transformation ETF
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―
―
BITQ
Bitwise Crypto Industry Innovators 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.
DisclaimerThis 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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