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FDTX - ETF AI Analysis
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Fidelity Disruptive Technology ETF (FDTX)
Rating:69Neutral
Price Target:
$44.00
Positive Factors
Strong Top Holdings
Several key holdings, such as Nvidia, TSMC, and Palantir, have shown strong year-to-date performance, driving the ETF's returns.
Focused on High-Growth Sectors
The ETF is heavily weighted in technology and consumer cyclical sectors, which are known for their potential to deliver high growth.
Reasonable Expense Ratio
The ETF's expense ratio of 0.5% is competitive for a thematic fund, allowing investors to keep more of their returns.
Negative Factors
High Sector Concentration
With over 80% of its assets in the technology sector, the ETF is highly exposed to fluctuations in tech industry performance.
Underperforming Holding
Marvell, one of the top holdings, has delivered negative year-to-date performance, which could drag on overall returns.
Limited Geographic Diversification
The ETF is overwhelmingly focused on U.S. companies, with minimal exposure to international markets, which may limit its ability to benefit from global growth.
FDTX vs. SPDR S&P 500 ETF (SPY)
AUM190.75M
RegionGlobal
Expense Ratio0.50%
Beta1.47
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. Volume21,182
30 Day Avg. Volume17,941
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
49.54Price Target Upside― Downside
Rating ConsensusStrong Buy
Number of Analyst Covering45
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
FDTX Summary
The Fidelity Disruptive Technology ETF (FDTX) is an investment fund focused on companies driving innovation in technology, such as artificial intelligence, blockchain, and renewable energy. It includes well-known names like Nvidia and Microsoft, giving investors exposure to cutting-edge industries that are reshaping the future. This ETF might appeal to someone looking for growth opportunities by investing in companies at the forefront of technological advancements. However, new investors should be aware that its performance can be highly influenced by the tech sector, which tends to be more volatile than other industries.
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
The Fidelity Disruptive Technology ETF is riding the wave of innovation, with a strong focus on technology stocks that are reshaping industries globally. Nvidia and TSMC are leading the charge, benefiting from surging demand for AI and advanced semiconductor technologies, while Microsoft’s steady growth in cloud and AI services adds stability to the mix. However, Meta Platforms has been losing steam recently, and Amazon’s performance has been mixed, weighed down by challenges in its AWS margins. With an 80% allocation to tech, this fund is heavily concentrated in the sector, making it a bet on the future of digital transformation.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.09% | $13.52M | $4.53T | 23.36% | 76 Outperform | |
| TSMC | 6.39% | $12.18M | $1.20T | 46.52% | 81 Outperform | |
| Microsoft | 6.00% | $11.44M | $3.77T | 18.84% | 82 Outperform | |
| Amazon | 4.84% | $9.23M | $2.49T | 8.77% | 76 Outperform | |
| Marvell | 4.51% | $8.60M | $71.94B | -12.44% | 59 Neutral | |
| Palantir Technologies | 4.41% | $8.41M | $408.16B | 169.36% | 69 Neutral | |
| Shopify | 4.24% | $8.08M | $183.12B | 34.29% | ― | |
| Micron | 4.11% | $7.85M | $271.58B | 133.81% | 74 Outperform | |
| Meta Platforms | 3.86% | $7.36M | $1.52T | 5.69% | 71 Outperform | |
| Datadog | 3.31% | $6.32M | $63.21B | 32.27% | 72 Outperform |
FDTX Technical Analysis
Negative
―
Price Trends
41.09
Negative
40.10
Negative
37.25
Positive
Market Momentum
-0.43
Positive
35.68
Neutral
8.93
Positive
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 41.66, equal to the 50-day MA of 41.09, and equal to the 200-day MA of 37.25, indicating a neutral trend. The MACD of -0.43 indicates Positive momentum. The RSI at 35.68 is Neutral, neither overbought nor oversold. The STOCH value of 8.93 is Positive, 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
39.16
3.51
9.85%
ARKX
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MGNR
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ALAI
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WGMI
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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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