FDIG
Fidelity Crypto Industry and Digital Payments ETF
📎 Investment Objective
The Fidelity Crypto Industry and Digital Payments ETF (FDIG) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Crypto Industry and Digital Payments Composite Index.
Overview
ETF tracking Fidelity Crypto Industry and Digital Payments ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Fidelity Crypto Industry and Digital Payments ETF (FDIG) seeks to provide investment results that correspond, before fees and expenses, to the performance of the Fidelity Crypto Industry and Digital Payments Composite Index.
🎯 Investment Strategy
The ETF invests in companies that derive a significant portion of their revenue or market value from the crypto industry, digital payments, or blockchain technology. The fund aims to provide exposure to the growth potential of this emerging sector.
✨ Key Features
- Diversified portfolio of companies involved in the crypto, digital payments, and blockchain industries
- Passively managed to track the performance of the Fidelity Crypto Industry and Digital Payments Composite Index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- High volatility and speculative nature of the crypto and blockchain industries
- Concentration risk as the fund is focused on a specific sector
- Potential regulatory changes that could impact the underlying companies
- Limited liquidity and trading volume for the ETF
👤 Best For
This ETF may be suitable for investors with a high-risk tolerance who are seeking exposure to the growth potential of the crypto, digital payments, and blockchain technology sectors as part of a diversified portfolio. However, due to the fund's limited track record, it may not be appropriate for more conservative or risk-averse investors.