FDIG vs STBQ

FDIGAFidelity Crypto Industry and Digital Payments ETF

STBQCAmplify Stablecoin Technology ETF

In short

FDIG Crypto exposure through the companies, not the coins: roughly 50 miners, exchanges and digital payments processors, weighted by how heavily they trade rather than how big they are, in a Fidelity-built index priced below the thematic norm.

STBQ Most crypto-equity funds chase miners or blockchain generalists. STBQ narrows in on stablecoin plumbing: the issuers, payment rails and wallet tech behind digital dollars, plus a sleeve of digital asset ETPs, in one concentrated basket.

Stated mandate

FDIG The fund seeks to track the performance of the Fidelity Crypto Industry and Digital Payments Index before fees and expenses. It normally invests at least 80% of assets in equity securities or depositary receipts included in that index.

STBQ The fund seeks to track the MarketVectorTM Stablecoin Technology Leaders Index, which targets companies involved in stablecoin technology and infrastructure, along with digital asset exchange-traded products.

Why people hold it

• FDIG Runs 0.39%, under the 0.56% median for global thematic funds. Cheap real estate in a corner of the market where niche fees usually bite.
• Weights positions by trading volume rather than market cap, so the largest company in the group is not automatically the largest holding.fidelity.comfidelity.com 2
• Two engines under one ticker: crypto miners and exchanges on one side, digital payments processors on the other, about 50 names in all.fidelity.com
• Fidelity builds the index itself, screening on revenue plus text analysis of company disclosures, and rebalances quarterly over four days.fidelity.com

• STBQ A dedicated stablecoin theme, not a broad crypto grab bag. The index targets companies that issue stablecoins or run the payments, wallets and infrastructure the transactions ride on.amplifyetfs.com
• Two sleeves, one ticker: stablecoin-linked equities alongside digital asset exchange-traded products. The fund itself does not buy tokens directly.amplifyetfs.com
• Concentrated on purpose. Roughly 30 positions from a rules-based screen, so the core stablecoin names carry real weight instead of being diluted by dozens of tangential ones.
• The 0.69% fee lands right at the median for crypto-equity basket funds, so the narrower mandate does not come at a premium price.

Worth knowing

• FDIG Non-diversified and industry-narrow. Fidelity's own documents flag bigger swings and meaningful exposure to a small number of issuers.fidelity.com
• You own crypto-linked equities, not crypto. Miners and payment processors can respond to very different news on any given day.fidelity.com
• Volume runs light next to the ETF giants, so spreads can widen and the market price can sit at a premium or discount to net asset value.fidelity.com

• STBQ Broader crypto-equity exposure comes cheaper. BKCH charges 0.50% against this fund's 0.69%, so the tighter theme costs a bit more per year.
• It launched in December 2025, so there is no track record across a full crypto cycle, and trading has been thin since then, which can mean wider bid-ask spreads.
• The ETP sleeve passes crypto price swings straight through, and the fund is non-diversified, so a stumble at one large holding is felt across the portfolio.amplifyetfs.com

Full FDIG profile⁠

Full STBQ profile⁠