FDTX vs KOMP: Grades, Fees and Holdings Compared

Fidelity Disruptive Technology ETF

FDTXBNasdaq

State Street SPDR S&P Kensho New Economies Composite ETF

KOMPANYSE Arca

Overlap

4.5%by weight

Expense ratio

KOMP −0.30pt a year

FDTX0.50%KOMP0.20%

Avg volume · 30D

KOMP 1.6×the volume

FDTX43.8KKOMP70K

3Y return · a year

FDTX +10.1pt

FDTX+30.8%KOMP+20.7%

FDTX vs KOMP Performance

Oct 31, 2025 – Oct 30, 2026

+18.6%FDTX−1.6%KOMP

Expense ratio: FDTX 0.50%; KOMP 0.20%, better
Fund size: FDTX $311M; KOMP $2.57B
1Y total return: FDTX +18.6%, better; KOMP −1.6%
Yield (12M): FDTX 0.00%; KOMP 1.63%, better
Holdings: FDTX 46; KOMP 501
Avg volume (30D): FDTX 43.8K sh; KOMP 70K sh, better
NAV per share: FDTX $51.25; KOMP $64.63
52W range

ETF.net Grade

Pillar letters and Scores for FDTX, KOMP, with each pillar’s weight
Pillar	FDTX	KOMP
Cost30% weight	A81	A100Higher
Mission25% weight	Not scored	Not scored
Risk15% weight	C51	B55Higher
Tradability15% weight	B56	A77Higher
Holdings10% weight	C53	A88Higher
Durability5% weight	A73	A88Higher

Rank among Disruptive Innovation funds

How we build Categories ›

Same Category. FDTX and KOMP are both graded against the same 30 Disruptive Innovation funds, so their Grades compare head to head.

Disruptive Innovation⁠

Category · 30 funds

See all 30 ›

KOMP ranks 2nd and FDTX 6th of 30 funds in the Disruptive Innovation Category.

Rank 1AXTiShares Future Exponential Technologies ETFScore 86
Rank 2AKOMPState Street SPDR S&P Kensho New Economies Composite ETFScore 83
Rank 3ATRFMAAM Transformers ETFScore 74
Rank 6BDTECALPS Disruptive Technologies ETFScore 65
Rank 6BFDTXFidelity Disruptive Technology ETFScore 65
Rank 6BTNXTT. Rowe Price Innovation Leaders ETFScore 65

Our read on each fund

ETF.net Research

FDTXBFidelity Disruptive Technology ETF

KOMPAState Street SPDR S&P Kensho New Economies Composite ETF

In short

FDTX Fidelity's own read on disruptive tech, boiled down to roughly 50 names and priced below the typical thematic fund. Running since April 2020, it goes narrow where broad tech funds go wide.

KOMP Most thematic funds bet on one idea. KOMP buys the whole Fourth Industrial Revolution: 20-plus Kensho subsectors, from robotics to genetic engineering, spread across roughly 500 global stocks for 0.20% a year.

Stated mandate

FDTX The fund seeks long-term capital growth and normally invests at least 80% of its assets in securities of disruptive technology companies.

KOMP The Fund seeks investment results that generally correspond, before fees and expenses, to the total return performance of the S&P Kensho New Economies Composite Index.

Why people hold it

FDTX Charges 0.50% a year against a 0.65% median for disruptive-innovation funds. On a thematic shelf, that is a genuine discount.
Roughly 50 holdings, with at least 80% of assets committed to disruptive technology companies and a stated goal of long-term capital growth. Concentrated enough that individual winners register.fidelity.com
Live since April 2020, a longer run than most theme funds get, and one of the stronger profiles in the disruptive-innovation peer group.
Mid-size asset base and moderate trading volume, so getting in and out is usually straightforward rather than a hunt for a counterparty.

KOMP 0.20% a year, under a third of the typical disruptive-innovation fund's fee and below peers like XT (0.46%) and TRFM (0.49%).
Kensho's language-processing engine scans regulatory filings for context and keywords, so membership rests on what a company discloses it does, not an old sector label.ssga.com spglobal.com
About 500 global names across 20-plus subsectors, equal weighted within each group with extra weight to 'core' operators. One mega-cap can't run the show.spglobal.com
Trading since 2018 and now a multi-billion-dollar fund, it sits among the strongest implementations in the disruptive-innovation group.

Worth knowing

FDTX Cheaper doors to the same theme exist. Index-based KOMP runs at 0.20%, well under this fund's 0.50%.
About 50 stocks in one technology theme is a narrow book. Expect sharper moves in both directions than a diversified fund delivers.
No third-party index is named in the mandate, so what counts as 'disruptive' is Fidelity's judgment rather than a published rulebook.fidelity.com

KOMP Equal weighting reaches down into smaller, earlier-stage innovators, so swings run wider than a plain broad-market index fund.spglobal.com
Subsector weights follow a risk-adjusted-return formula with annual reconstitution, so the mix drifts toward industries that have recently performed well.ssga.com spglobal.com
Breadth cuts both ways: a pure play on one theme like AI or space gets diluted here across the entire innovation map.spglobal.com

Full FDTX profile⁠

Full KOMP profile⁠

FDTX vs KOMP Holdings

How FDTX and KOMP differ

Overlap by weight

4.5%

Shared holdings make up 45.4% of FDTX and 4.5% of KOMP.

Level by level

Holdings16 in both4.5%
Sector10 Sectors50.0%
Countryby domicile82.3%
Asset classEquity100%

Sector

Sector weights in FDTX and KOMP, widest gap first
Sector	More in FDTXMore in KOMP	FDTX	KOMP
Technology	FDTX +44.3 points	83.8%	39.5%
Industrials	KOMP +22.4 points	0.5%	22.9%
Health Care	KOMP +15.2 points	0.0%	15.2%
Communication	FDTX +4.8 points	9.4%	4.6%
Financials	KOMP +4.2 points	0.0%	4.2%
Materials	KOMP +3.1 points	0.0%	3.1%
Utilities	KOMP +3.0 points	0.0%	3.0%
Energy	KOMP +1.5 points	0.0%	1.5%
Consumer Discretionary	FDTX +0.8 points	6.3%	5.5%
Consumer Staples	KOMP +0.6 points	0.0%	0.6%

Country, concentration and asset class

Country by domicile

Country weights in FDTX and KOMP, widest gap first
Country	More in FDTXMore in KOMP	FDTX	KOMP
United States	KOMP +10.1 points	77.1%	87.2%
Taiwan	FDTX +8.5 points	9.5%	1.0%
Canada	FDTX +4.0 points	5.7%	1.7%
Israel	KOMP +2.5 points	0.0%	2.5%
Japan	FDTX +2.3 points	2.8%	0.5%
China	KOMP +2.1 points	1.4%	3.5%
Mexico	FDTX +1.3 points	1.3%	0.0%
Netherlands	FDTX +0.9 points	1.2%	0.3%
Other countries (12)	KOMP +2.2 points	1.1%	3.3%

Concentration

Weight in the 10 largest Holdings

FDTX46.9%
KOMP11.1%

Securities held

FDTX41
KOMP498

Asset class

FDTX: Equity
KOMP: Equity

Holdings

Only in FDTX25
In both16
Only in KOMP482

Only in FDTX

25 securities, 54.6% of FDTX by weight

Taiwan Semic Mfg Co Ltd Sp Adr5.99%
Palantir Technologies Inc5.78%
Shopify Inc Class A (Us)4.67%
Advanced Micro Devices Inc4.32%
Marvell Technology Inc4.32%
Amazon.com Inc3.56%
Media Tek Inc3.46%
Seagate Techn Holdings PLC3.11%
Western Digital Corp2.88%
Global-E Online Ltd2.13%
Advantest Corp2.12%
Arista Networks Inc2.00%
Magnite Inc1.41%
Silicon Motion Tech Corp Adr1.32%
Flex Ltd1.31%
Be Semicond Indus NV (Neth)1.19%
Celestica Inc1.00%
Monolithic Power Sys Inc0.96%
Space Exploration Tech Corp A0.89%
Jfrog Ltd0.88%
Disco Corp0.67%
Bizlink Holding Inc0.34%
Securities Lending Cf0.23%
Montage Technology H0.06%
European Monetary Unit (Euro)<0.01%

Only in KOMP

482 securities, 95.4% of KOMP by weight

Twist Bioscience Corp1.90%
Ptc Inc1.40%
3D Systems Corp1.18%
Bruker Corp1.12%
Elbit Systems Ltd1.10%
Unity Software Inc0.97%
Himax Technologies Inc Adr0.90%
Ambarella Inc0.88%
Tesla Inc0.81%
Aerovironment Inc0.81%
Ouster Inc0.77%
Stratasys Ltd0.70%
Teledyne Technologies Inc0.68%
Snap Inc A0.67%
Kopin Corp0.65%
Leidos Holdings Inc0.64%
Parsons Corp0.61%
Rockwell Automation Inc0.55%
Emerson Electric Co0.53%
Redwire Corp0.52%
Kla Corp0.52%
Vuzix Corp0.51%
Danaher Corp0.51%
Proto Labs Inc0.51%
Northrop Grumman Corp0.51%
Atlassian Corp Class A0.50%
Alarm.com Holdings Inc0.50%
Adt Inc0.50%
Generac Holdings Inc0.49%
Hp Inc0.49%
Intuitive Surgical Inc0.49%
Thermo Fisher Scientific Inc0.49%
On Semiconductor0.48%
Ondas Inc0.48%
Iridium Communications Inc0.47%
Lockheed Martin Corp0.47%
Unusual Machines Inc /Us0.47%
Cabot Corp0.46%
Cognex Corp0.46%
Ameresco Inc Class A0.45%
Autodesk Inc0.45%
Oceaneering Intl Inc0.45%
Heico Corp0.45%
Nve Corp0.44%
Zebra Technologies Corp Class A0.43%
Viasat Inc0.42%
Novanta Inc0.42%
Forum Energy Technologies In0.40%
Moderna Inc0.40%
Constellation Energy0.39%

Weight gaps

All 16 Holdings in both funds, largest gap first.

Holding weights in FDTX and KOMP, widest gap first
Holding	More in FDTXMore in KOMP	FDTX	KOMP
Palo Alto Networks IncPANW	FDTX +4.56 points	4.80%	0.24%
Datadog Inc Class ADDOG	FDTX +4.16 points	4.38%	0.22%
Microsoft CorpMSFT	FDTX +4.08 points	4.32%	0.24%
NVIDIA CorpNVDA	FDTX +3.72 points	4.52%	0.80%
Twilio Inc Class ATWLO	FDTX +3.61 points	3.83%	0.22%
Meta Platforms Inc Class AMETA	FDTX +2.95 points	3.66%	0.71%
Analog Devices IncADI	FDTX +2.64 points	2.82%	0.18%
Alphabet Inc Class CGOOG	FDTX +2.48 points	2.66%	0.18%
Cloudflare IncNET	FDTX +2.39 points	2.54%	0.15%
Synopsys IncSNPS	FDTX +2.23 points	2.46%	0.23%
Micron Technology IncMU	FDTX +1.79 points	2.25%	0.46%
Coherent CorpCOHR	FDTX +1.60 points	1.82%	0.22%
Crowdstrike Holdings IncCRWD	FDTX +1.44 points	1.71%	0.27%
Apple IncAAPL	FDTX +1.38 points	1.53%	0.15%
Corning IncGLW	FDTX +0.98 points	1.09%	0.11%
Garmin LtdGRMN	FDTX +0.94 points	1.05%	0.11%

All 50 FDTX holdings⁠All 499 KOMP holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FDTX vs KOMP Cost

Overpaying FDTX vs KOMP

$5,824

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

FDTX 0.50%
$9,979
KOMP 0.20%
$4,155

Amount$10,000

Years30 years

Cost over time

FDTX 0.50%
KOMP 0.20%
Overpaying

Year by year

Year	FDTX	KOMP	Overpaying
10	$900	$365	$535
20	$3,460	$1,421	$2,039
30	$9,979	$4,155	$5,824

Expense ratio

0.50%FDTX
0.20%KOMP, cheaper

KOMP0.20%FDTX0.50%

0.20%0.90%

Middle half of Disruptive Innovation funds
Median 0.65%

KOMP cheapest of 30 funds

FDTX 6th cheapest of 30 funds

FDTX vs KOMP Dividends

Last 12 months to Oct 30, 2026

Yield (12M): FDTX 0.00%; KOMP 1.63%, better
Payout (12M): FDTX None; KOMP $1.02
Last payment: FDTX No data; KOMP $0.13
Ex-dividend: FDTX No data; KOMP Sep 21, 2026
Paid on: FDTX No data; KOMP Sep 23, 2026
Frequency: FDTX No data; KOMP Quarterly

Distribution history

Per share, 2018 to 2026, same scale for both

FDTX1 paymentAll FDTX payments⁠

KOMPQuarterly · 33 paymentsAll KOMP payments⁠

FDTX vs KOMP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FDTX 27.9%KOMP 22.3%, better
Return per unit of riskSharpe ratio, 3 years: FDTX 0.94, betterKOMP 0.76
Worst fallMax drawdown, 5 years: FDTX −27.2%since Jun 2023KOMP −45.4%
Market sensitivityBeta, 5 years: FDTX 1.70KOMP 1.65; Market = 1

FDTX and KOMP in the news

All news⁠

Deep Dive
Disruptive innovation ETFs share a label, not a portfolio
Sep 11, 2026FDTXKOMP
New ETFs
Tuttle's GANZ looks for a theme's suppliers, but its own rule gives them the smaller share
Oct 27, 2026KOMP

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