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FDTX - ETF AI Analysis
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Fidelity Disruptive Technology ETF (FDTX)
Rating:69Neutral
Price Target:―
Positive Factors
Leading Tech Giants in Top Holdings
The fund’s largest positions include well-known technology leaders, which can provide strong growth potential when the tech sector is doing well.
Focused Exposure to Disruptive Technology
With most assets in technology and related sectors, the ETF is positioned to benefit when innovative and fast-growing tech companies perform strongly.
Global Tech Reach with U.S. Core
While the ETF is mainly invested in U.S. companies, it also includes meaningful exposure to major international tech markets, adding some geographic diversification.
Negative Factors
Recent Weak Performance
The ETF has shown negative returns over the past month, three months, and year to date, indicating recent performance has been weak.
Heavy Concentration in Technology
With the vast majority of assets in the technology sector, the fund is highly sensitive to downturns in tech stocks.
Moderately High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which can eat into long-term returns compared with lower-cost alternatives.
FDTX vs. SPDR S&P 500 ETF (SPY)
AUM182.67M
RegionGlobal
Expense Ratio0.50%
Beta1.44
IssuerFidelity
Inception DateJun 12, 2023
Dividend Yield<0.01%
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume16,377
30 Day Avg. Volume17,427
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
49.75Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering42
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FDTX Summary
The Fidelity Disruptive Technology ETF (FDTX) focuses on companies driving major technological change, rather than tracking a traditional index. It invests mainly in U.S. tech-related businesses involved in areas like artificial intelligence, chips, and digital platforms. Well-known holdings include Nvidia, Microsoft, Amazon, and Alphabet (Google’s parent company). Someone might consider this ETF if they want growth potential from leading technology innovators in a single, diversified fund instead of picking individual stocks. A key risk is that it is heavily concentrated in technology and related sectors, so its price can swing sharply and may fall more than the overall market at times.
How much will it cost me?The Fidelity Disruptive Technology ETF (FDTX) has an expense ratio of 0.5%, which means you’ll pay $5 per year for every $1,000 invested. This is higher than average for ETFs because it is actively managed, focusing on innovative and disruptive technology companies rather than tracking a broad index. Active management often involves higher costs due to research and portfolio adjustments.
What would affect this ETF?The Fidelity Disruptive Technology ETF (FDTX) could benefit from growing global demand for innovative technologies like AI, blockchain, and renewable energy, as well as strong performance from top holdings such as Nvidia and Microsoft. However, it may face challenges from rising interest rates, which can impact growth-focused companies, and regulatory scrutiny in sectors like AI and data privacy. Global economic uncertainty could also affect consumer spending and technology adoption rates.
FDTX Top 10 Holdings
FDTX is riding a powerful semiconductor wave, with TSMC, Micron, and Nvidia doing much of the heavy lifting as demand for AI chips keeps their shares rising or at least steadily climbing. Big Tech mainstays like Alphabet and Meta are adding a more stable backbone, with generally constructive trends despite some bumps. On the flip side, Microsoft, Amazon, Shopify, and Palantir have been losing a bit of steam lately, acting as mild brakes on performance. Overall, this is a globally focused, tech-heavy bet squarely aimed at disruptive innovation.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| TSMC | 7.01% | $12.81M | $1.54T | 91.36% | 81 Outperform | |
| Nvidia | 5.66% | $10.34M | $4.32T | 57.80% | 76 Outperform | |
| Micron | 5.29% | $9.66M | $416.78B | 298.34% | 79 Outperform | |
| Microsoft | 4.78% | $8.73M | $3.04T | 3.98% | 79 Outperform | |
| Amazon | 4.48% | $8.18M | $2.29T | 7.01% | 71 Outperform | |
| Meta Platforms | 4.17% | $7.62M | $1.63T | 3.07% | 76 Outperform | |
| Marvell | 4.11% | $7.51M | $78.23B | 26.44% | 76 Outperform | |
| Alphabet Class C | 4.04% | $7.39M | $3.61T | 69.73% | 82 Outperform | |
| Shopify | 3.95% | $7.21M | $169.65B | 30.03% | ― | |
| Palantir Technologies | 3.87% | $7.06M | $375.88B | 85.09% | 74 Outperform |
FDTX Technical Analysis
Negative
―
Price Trends
40.02
Negative
40.46
Negative
39.61
Negative
Market Momentum
-0.36
Negative
43.65
Neutral
64.26
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For FDTX, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 38.70, equal to the 50-day MA of 40.02, and equal to the 200-day MA of 39.61, indicating a bearish trend. The MACD of -0.36 indicates Negative momentum. The RSI at 43.65 is Neutral, neither overbought nor oversold. The STOCH value of 64.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for FDTX.
FDTX Peer Comparison
Comparison Results
Performance Comparison
FDTX
Fidelity Disruptive Technology ETF
38.18
6.55
20.71%
BKGI
BNY Mellon Global Infrastructure Income ETF
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MGNR
American Beacon GLG Natural Resources ETF
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CCNR
CoreCommodity Natural Resources ETF
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LOUP
Innovator Loup Frontier Tech ETF
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BCTK
Baron Technology 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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