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FDCF

Fidelity Disruptive Communications ETF·NASDAQ
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Key Stats

Assets Under Management
99.81MUSD
Fund Flows (1Y)
27.80MUSD
Dividend Yield
0.04%
Discount/Premium to NAV
-0.04%
Shares Outstanding
2.20M
Expense Ratio
0.50%

About Fidelity Disruptive Communications ETF

Issuer
Fidelity Management & Research Company LLC
Brand
Fidelity
Inception Date
Apr 16, 2020
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
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
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 issuer's 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

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Internet
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary

Analysis

Sector

Communication Services

52.29%

Technology

33.07%

Consumer Cyclical

13.29%

Industrials

1.35%

Asset

Holdings

Symbol

Ratio

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Taiwan Semiconductor Manufacturing Co Ltd ADR

8.82%
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Alphabet Inc Class A

8.49%
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Meta Platforms Inc Class A

7.63%
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NVIDIA Corp

5.47%
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Arista Networks Inc

5.35%
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Amazon.com Inc

5.17%

Symbol

Ratio

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Warner Bros. Discovery Inc Ordinary Shares - Class A

4.36%
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Net Other Assets

4.00%
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Fidelity Securities Lending Cash Central Fund

3.96%
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Sea Ltd ADR

3.80%

Top 10 Weight 57.05%

10 Total Holdings

See all holdings

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