Key stats
About Fidelity Disruptive Communications ETF
Home page
Inception date
Jun 12, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Fidelity Management & Research Co. LLC
Distributor
Fidelity Distributors Co. LLC
ISIN
US3160921629
FDCF seeks long-term capital appreciation by utilizing proprietary disruptive strategies in identifying companies involved in disruptive technologies for its portfolio. Disruptive technologies are innovations that may reshape how businesses currently deliver their services and operate, potentially displacing industry leaders over time. The fund primarily invests in growth and value stocks of companies in disruptive communications globally. These are organizations associated with social media, interactive gaming, streaming services, next generation digital infrastructure and connected devices. The fund adviser uses fundamental analysis, looking into an issuers financial situation amongst other things, as well as economic and market conditions for its portfolio construction. The adviser may buy, sell and hold decisions at their discretion. FDCF converted from a mutual fund to an actively managed ETF, with $38 million in assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Communications
Stocks99.58%
Technology Services44.08%
Electronic Technology18.13%
Retail Trade15.18%
Communications12.87%
Consumer Services5.62%
Transportation1.68%
Industrial Services0.86%
Bonds, Cash & Other0.42%
Mutual fund1.61%
Cash−1.20%
Stock breakdown by region
North America77.31%
Asia15.50%
Europe7.18%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FDCF invests in stocks. The fund's major sectors are Technology Services, with 44.60% stocks, and Electronic Technology, with 18.35% of the basket. The assets are mostly located in the North America region.
FDCF top holdings are Sea Limited Sponsored ADR Class A and Alphabet Inc. Class A, occupying 6.16% and 5.81% of the portfolio correspondingly.
FDCF last dividends amounted to 0.02 USD. The quarter before, the issuer paid 0.03 USD in dividends, which shows a 62.50% decrease.
FDCF assets under management is 91.57 M USD. It's risen 12.27% over the last month.
FDCF fund flows account for 21.02 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FDCF pays dividends to its holders with the dividend yield of 0.03%. The last dividend (Jun 24, 2025) amounted to 0.02 USD. The dividends are paid quarterly.
FDCF shares are issued by FMR LLC under the brand Fidelity. The ETF was launched on Jun 12, 2023, and its management style is Active.
FDCF expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
FDCF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FDCF invests in stocks.
FDCF price has risen by 8.29% over the last month, and its yearly performance shows a 46.59% increase. See more dynamics on FDCF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.29% over the last month, showed a 15.65% increase in three-month performance and has increased by 47.45% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.29% over the last month, showed a 15.65% increase in three-month performance and has increased by 47.45% in a year.
FDCF trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.