Overview

Fidelity Disruptive Technology ETF (FDTX): A Comprehensive Guide

Overview

The Fidelity Disruptive Technology ETF (FDTX) is an actively managed exchange-traded fund that invests in companies at the forefront of disruptive technologies. These technologies include cloud computing, artificial intelligence, and robotics. FDTX seeks to provide investors with potential capital appreciation over the long term.

Investment Strategy

FDTX uses a combination of fundamental and quantitative analysis to identify companies that are expected to benefit from the adoption of disruptive technologies. The fund invests in a wide range of industries, including technology, healthcare, and consumer. FDTX typically invests in companies with a market capitalization of at least $1 billion.

Performance

Since its inception in 2019, FDTX has outperformed the S&P 500 Index. The fund has an annualized return of over 20%, compared to the S&P 500's annualized return of about 10%.

Key Features

• Actively managed
• Invests in disruptive technologies
• Has outperformed the S&P 500 Index

Risks

• FDTX is a relatively new fund, so it has a short track record.
• The fund invests in disruptive technologies, which can be volatile.
• The fund is actively managed, which means that its performance can vary depending on the skill of the portfolio manager.

Conclusion

The Fidelity Disruptive Technology ETF (FDTX) is a well-managed fund that offers investors the potential to benefit from the adoption of disruptive technologies. However, investors should be aware of the risks involved before investing in FDTX.