Fidelity Disruptive Finance ETF
$35.09−0.48 (−1.35%)
History starts Jun 12, 2023.
- Expense ratio
- 0.50%
- Fund size
- $47M
- 1Y return
- −4.3%
- Yield · Last 12 months
- 0.98%
- Holdings
- 48
- Volume · 30D
- 0M sh
- NAV per share
- $36.07
- 52W range
The ETF.net FDFF Grade
Score 59 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.BScore 64Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 72Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 68Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 36Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 68Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 56Category rank
Our read on FDFF
BFidelity's stock-picker take on fintech: roughly 50 hand-chosen names in payments, lending and financial software, at the lowest fee in its fintech peer group. Small and thinly traded, but the mandate is clear and the price tag is light.
The fund seeks long-term growth of capital and normally invests at least 80% of its assets in securities of disruptive finance companies.
Why people hold it
- Costs 0.50% a year, under the 0.68% median for fintech ETFs and below every peer here: BPAY (0.66%), FINX (0.68%), IPAY and ARKF (0.75%).
- A real mandate, not a label: at least 80% of assets go to disruptive finance companies, held in a focused book of about 50 stocks rather than a sprawling index.institutional.fidelity.com
- Fidelity research behind the picks, running since 2020, and it grades in the top quartile of the fintech funds we cover.
Worth knowing
- Thinly traded and small by ETF standards, so spreads can be wider than the headline fee suggests and the fund has less scale cushion than its bigger rivals.
- About 50 stocks in one theme means fintech sentiment drives the ride. This is a concentrated slice, not a diversified financials holding.
- Active, so there is no index to check the manager against. Results track stock selection, and distributions come quarterly rather than monthly.
FDFF Holdings
- Stocks
- 48
- 47%
- BLK
Sectors
- Financials74.8%
- Technology22.0%
- Industrials2.4%
- Consumer Discr.0.8%
Geography
- United States73.09%
- Spain5.25%
- Italy4.59%
- Singapore4.56%
- United Kingdom3.83%
- Bermuda3.32%
- Brazil2.58%
- Canada1.15%
- 1.63%
Developed 72% · Emerging 28%
FDFF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
FDFF$9,575
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | FDFF |
|---|---|
| Year to date | +0.8% |
| 1 month | −5.9% |
| 3 months | +8.5% |
| 1 year | −4.3% |
| 3 years | +13.2% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | FDFF |
|---|---|---|
| 2026 YTD | +0.8% | |
| 2025 | −2.8% | |
| 2024 | +27.9% | |
| 2023 | +16.0% |
FDFF in the news
FDFF Dividends
- 0.98%
- $0.35
- $0.06 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 18, 2026 | Sep 22, 2026 | $0.06 |
| Jun 18, 2026 | Jun 23, 2026 | $0.19 |
| Mar 20, 2026 | Mar 24, 2026 | $0.05 |
| Dec 19, 2025 | Dec 23, 2025 | $0.05 |
| Sep 19, 2025 | Sep 23, 2025 | $0.06 |
| Jun 20, 2025 | Jun 24, 2025 | $0.16 |
| Mar 21, 2025 | Mar 25, 2025 | $0.04 |
| Dec 20, 2024 | Dec 24, 2024 | $0.03 |
| Sep 20, 2024 | Sep 24, 2024 | $0.05 |
| Jun 21, 2024 | Jun 25, 2024 | $0.15 |
| Mar 15, 2024 | Mar 20, 2024 | $0.03 |
| Dec 15, 2023 | Dec 20, 2023 | $0.04 |
FDFF Risk
- 20.0%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.51
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −23.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.12
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FDFF Cost
0.50%
FDFF0.50%
- The middle half of Fintech & Payments funds
- Median 0.66%
2 of the 7 Fintech & Payments funds charge less.