FDFF
Fidelity Disruptive Finance ETF
📎 Investment Objective
The Fidelity Disruptive Finance ETF seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Disruptive Finance Composite Index, which is designed to reflect the performance of companies engaged in disruptive financial technology and innovation.
Overview
ETF tracking Fidelity Disruptive Finance ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity Disruptive Finance ETF seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Disruptive Finance Composite Index, which is designed to reflect the performance of companies engaged in disruptive financial technology and innovation.
🎯 Investment Strategy
The ETF invests primarily in equity securities of companies that are involved in the development and application of disruptive financial technologies, including digital payments, lending, wealth management, insurance, and other financial services. The fund uses a passively managed, index-based approach to track the performance of the underlying index.
✨ Key Features
- Exposure to companies at the forefront of financial technology and innovation
- Diversified portfolio across the financials sector
- Low-cost, passively managed index-tracking approach
- Potential for long-term capital appreciation
⚠️ Primary Risks
- Equity market risk: The value of the fund's investments may decline due to general market conditions or other factors
- Sector concentration risk: The fund's performance may be more volatile due to its focus on the financials sector
- Technological disruption risk: Companies in the fund may face challenges from new technologies or business models
- Liquidity risk: The fund may have difficulty buying or selling certain investments at an optimal time and price
👤 Best For
The Fidelity Disruptive Finance ETF may be suitable for long-term investors seeking exposure to the financial technology and innovation sector as part of a diversified portfolio. Investors should have a higher risk tolerance and a long-term investment horizon to potentially benefit from the fund's focus on disruptive trends in the financials industry.