FDFF
Fidelity Disruptive Finance ETF
FDFF is an actively managed fund that invests in disruptive finance companies from around the world.
Global
EQUITY
Active
MANAGEMENT STYLE
$ 41.1 M
ASSETS UNDER MGMT
50 bp
EXPENSES
Fund Basics
| Inception date | Apr 16, 2020 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| BLACKROCK INC | 6.0 % |
| CAPITAL ONE FINANCIAL CORP | 5.5 % |
| DBS GROUP HOLDINGS LTD | 5.4 % |
| BANKINTER SA | 4.8 % |
| APOLLO GLOBAL MANAGEMENT INC. | 4.5 % |
| FINECOBANK SPA | 4.4 % |
| VISA INC. CLASS A | 4.3 % |
| MASTERCARD INCORPORATED CLASS A | 4.1 % |
| TOAST, INC. CLASS A | 4.0 % |
| BLOCK INC. | 3.9 % |
Constituent Breakdown
| Number of holdings | 50 |
| Herfindahl-Hirschman Index | 336 |
| Wgt avg mkt cap (mns) | $95,857 |
| Large cap (>$10bn) | 78.6% |
| Mid cap ($2-10bn) | 10.7% |
| Small cap (<$2bn) | 3.0% |
| Developed mkts. | 94.1% |
| Emerging mkts. | 0.9% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 64.3 % |
 |
BRITAIN | 5.5 % |
 |
SINGAPORE | 5.4 % |
 |
SPAIN | 4.8 % |
 |
ITALY | 4.4 % |
 |
NETHERLANDS | 3.3 % |
 |
BERMUDA | 3.3 % |
 |
CAYMAN ISLANDS | 2.0 % |
 |
CANADA | 1.2 % |
 |
ARGENTINA | 0.9 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -5.7% | -10.1% | 6.0% | -- | -- | -- | -- | 10.2% |
| Dividend Yield | 0.0% | 0.7% | 0.8% | -- | -- | -- | -- | 0.7% |
| Total Returns | -5.7% | -9.4% | 6.8% | -- | -- | -- | -- | 10.9% | Ann. Volatility | 21.0% | 18.0% | 20.6% | -- | -- | -- | -- | 19.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.14 | 56% |
| MSCI EAFE | 0.73 | 37% |
| MSCI Emg Mkts | 0.47 | 27% |
Liquidity Measures
| Avg. volume (000) | 5 |
| ADV traded (mns) | $0 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.19% |
Technical Indicators
| 30d moving avg. (EMA) | $33.28 |
| Relative strength (RSI) | 52 |
| MACD/Signal | 0.02/0.05 |
| Bollinger Bands (Upper/Lower) | $34.01/$32.85 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. FDFF |
Expenses vs. FDFF |
ALTAR Score™ vs. FDFF |
|---|---|---|---|---|
| IPAY | ETFMG Prime Mobile Payments ETFMG Prime Mobile Payments Fund | 31.6% | +25 bp | +2.1% |
| KYC | Corgi Digital Banking & Fintech Infrastructure ETF | 24.9% | -15 bp | -1.1% |
| BPAY | BlackRock Future Financial and Technology ETF | 24.7% | +20 bp | +0.5% |
| IYG | iShares US Financial Services ETF | 16.9% | -10 bp | -0.2% |
| LATR | Corgi Buy Now Pay Later ETF | 16.8% | -15 bp | -1.4% |
| XLF | Financial Select Sector SPDR | 16.4% | -42 bp | +0.5% |
| VFH | Vanguard Financials ETF | 16.3% | -41 bp | +1.0% |
| FNCL | Fidelity MSCI Financials Index ETF | 16.3% | -42 bp | +0.9% |
| FINX | Global X FinTech ETF | 15.5% | +18 bp | -2.5% |
| PFI | Invesco Dorsey Wright Financial Momentum ETF | 13.6% | +10 bp | -0.4% |
Risk and Returns: FDFF vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
6.1%
ALTAR SCORE™
77th
PERCENTILE
OVERWEIGHT
ETFRC RATING
There are 727 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. FDFF's ALTAR Score™ is approximately 0.7 standard
deviations above the category average. This places FDFF in the 77th percentile
among funds in the category.
Sell-Side Consensus
$42.21
PRICE TARGET
+27.9%
UPSIDE