Fidelity Disruptive Finance ETF
$35.22−0.18 (−0.50%)
- 0.50%
- $43M
- +1.2%
- 0.99%
- 0M sh
- $35.47
- low $30.16high $38.40
The ETF.net FDFF Grade
B
Score 60 out of 100
- 1 of 7
Score 60 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B64 out of 100Rank 3 of 7Mission
Whether the fund did what it promised, tested against its stated mandate.A77 out of 100Rank 1 of 2Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A70 out of 100Rank 3 of 7Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C40 out of 100Rank 5 of 7Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A70 out of 100Rank 3 of 7Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B56 out of 100Rank 4 of 7
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
- 51
- 46%
- BLK
Sectors
- Financials74.7%
- Technology21.1%
- Industrials3.4%
- Consumer Discretionary0.8%
Geography
- United States73.95%
- Spain4.71%
- Singapore4.46%
- Italy4.18%
- United Kingdom3.93%
- Bermuda3.17%
- Brazil2.93%
- Canada1.07%
- 1.60%
Developed 70% · Emerging 30%
FDFF Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
FDFF$10,121
Returns run to the Oct 12, 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 | +0.3% |
| 1 month | −3.0% |
| 3 months | +2.6% |
| 1 year | +1.2% |
| 3 years | +13.5% |
| 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 | +0.3% | |
| 2025 | −2.8% | |
| 2024 | +27.9% | |
| 2023 | +16.0% |
FDFF in the news
FDFF Dividends
- 0.99%
- $0.35
- $0.06 per share
- Quarterly
Distribution history
FDFF Risk
- 20.5%
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.
- 0.44
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.
- 1.15
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.
Other funds in Fintech & Payments
- CBPAYiShares FinTech Active ETFExpense ratio 0.66%1 year return −13.9%
- CFINXGlobal X - FinTech ETFExpense ratio 0.68%1 year return −25.1%
- CARKFARK Blockchain & Fintech Innovation ETFExpense ratio 0.75%1 year return −13.7%
- DIPAYAmplify Digital Payments ETFExpense ratio 0.75%1 year return −12.4%
- CKYCCorgi ETF Trust I - Corgi Digital Banking & Fintech Infrastructure ETFExpense ratio 0.35%1 year return —