Summary
Fidelity Disruptive Communications ETF is an ETF - a fund traded on an exchange like a stock - run by Fidelity. Positions inside: 39. The ten largest make up 56% of the fund.
- Yearly costs
- 0.50%
- Fund size
- $103.0M
- Positions
- 39
- Running since
- 2020
What speaks for it
- Average yearly growth over the last three years: 28%.
What to watch
- The ten largest positions make up 56% of the fund, so its result rests on a few names.
- 51% of the fund is in one sector (Communication services).
- Costs of 0.50% a year are above the middle of comparable funds (0.43%).
- It trades little: only about $315.8K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -3.3%
- 3 months
- +3.6%
- This year
- +3.1%
- 1 year
- -0.6%
- 3 years
- +109%
- Avg. market cap
- $1.53T
- P/E
- 23.8x
- Forward P/E
- 22.3x
- P/S
- 4.9x
- P/B
- 6.2x
- P/FCF
- 27.1x
- EV/EBITDA
- 17.3x
- Dividend yield
- 0.29%
- ROIC
- 18.5%
- ROE
- 31.0%
- Gross margin
- 60.1%
- Operating margin
- 26.0%
- Net margin
- 26.5%
- Payout ratio
- 7.0%
- Net debt/EBITDA
- 1.9x
- Beta
- 1.21
Weighted average of the 32 largest companies, which make up 99% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 MEMeta META 8.0%
- 2 GOAlphabet GOOGL 7.7%
- 3 TSTSMC TSM 7.3%
- 4 NVNvidia NVDA 5.7%
- 5 SPSpaceX SPCX 5.6%
- 6 AAApple AAPL 5.6%
- 7 AMAmazon AMZN 5.1%
- 8 RBRoblox RBLX 3.8%
- 9 TWTwilio Inc. TWLO 3.6%
- 10 FOFox Corporation FOXA 3.5%
Positions in the fund: 39. The ten largest make up 56% of it.
Composition as of Oct 23, 2026.
Where is it spread?
One sector dominatesBy sector
- Communication services 51%
- Other 45%
By country
- United States 79%
- Taiwan 7.2%
- China 3.7%
- Canada 3.0%
- Other countries 6.7%
By company size
- Mega cap 54%
- Large cap 42%
- Mid cap 4.3%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest sector: Communication services (51%). Largest country: United States (79%). Largest size group: Mega cap (54%).
What does it cost me?
Expensive- A year from $10,000
- $50.00
- Over 20 years
- $2,416
From every $10,000 invested the fund takes $50.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $2,416.
How has it done?
Growing over the long run- A year on average, 3 years
- +28%
- Deepest drop
- -23%
- Yearly volatility
- 20%
Average yearly growth over the last three years: 28%. Deepest drop in these years: 23% below the earlier high.
Does it pay dividends?
Yes, it pays out- Last payment
- $0.02
The last payment was $0.02 on Jun 20, 2025.
Is it easy to buy and sell?
It trades little- Traded a day
- $315.8K
- Shares a day
- 6.4K
On an average day about $315.8K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 23.8
- Average Bulios Score
- 70 out of 100
Weight by Bulios Fair Price
- Undervalued 4.7%
- Fairly valued 20%
- Overvalued 75%
On average the companies inside trade for 23.8 times their yearly profit. By Fair Price, 75% of the rated weight comes out as overvalued.
Counted from its largest companies (32), which make up 99% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
GP GPTY YieldMax AI & Tech Portfolio Option Income ETF | United States | 1.06% | $97.7M | -19% | Pays out | 46% |
HE HEMI Hartford Equity Premium Income ETF | United States | 0.58% | $37.0M | - | Pays out | 43% |
PC PCLC Polen 5Perspectives Large Growth ETF | United States | 0.50% | $1.41M | - | - | 39% |
FF FFOG Franklin Focused Growth ETF | United States | 0.41% | $361.0M | -1.2% | Reinvests | 39% |
PJ PJFG PGIM Jennison Focused Growth ETF | United States | 0.75% | $140.6M | +2.6% | Reinvests | 38% |
HF HFGO Hartford Large Cap Growth ETF | United States | 0.59% | $175.5M | +1.1% | Reinvests | 37% |