Summary
Fidelity Disruptive Technology ETF is an ETF - a fund traded on an exchange like a stock - run by Fidelity. Positions inside: 48. The ten largest make up 47% of the fund.
- Yearly costs
- 0.50%
- Fund size
- $311.2M
- Positions
- 48
- Running since
- 2020
What speaks for it
- Average yearly growth over the last three years: 31%.
What to watch
- 85% of the fund is in one sector (Technology).
- Costs of 0.50% a year are above the middle of comparable funds (0.44%).
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
- -9.5%
- 3 months
- +6.2%
- This year
- +31%
- 1 year
- +27%
- 3 years
- +126%
- Avg. market cap
- $1.09T
- P/E
- 39.2x
- Forward P/E
- 32.7x
- P/S
- 9.6x
- P/B
- 9.4x
- P/FCF
- 51.3x
- EV/EBITDA
- 30.6x
- Dividend yield
- 0.26%
- ROIC
- 19.4%
- ROE
- 41.5%
- Gross margin
- 60.9%
- Operating margin
- 26.4%
- Net margin
- 27.7%
- Payout ratio
- 10.0%
- Net debt/EBITDA
- 1.3x
- Beta
- 1.70
Weighted average of the 39 largest companies, which make up 100% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 PLPalantir PLTR 5.8%
- 2 TSTSMC TSM 5.7%
- 3 SHShopify Inc. SHOP.TO 4.9%
- 4 MRMarvell MRVL 4.7%
- 5 PAPalo Alto Networks PANW 4.6%
- 6 NVNvidia NVDA 4.5%
- 7 MSMicrosoft MSFT 4.3%
- 8 DDDatadog DDOG 4.3%
- 9 TWTwilio Inc. TWLO 4.2%
- 10 MEMeta META 4.2%
Positions in the fund: 48. The ten largest make up 47% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One sector dominatesBy sector
- Technology 85%
- Communication services 8.5%
- Consumer cyclical 5.3%
- Industrials 1.4%
By country
- United States 77%
- Taiwan 9.7%
- Canada 5.7%
- Japan 2.8%
- Other countries 5.3%
By company size
- Mega cap 57%
- Large cap 39%
- Mid cap 4.7%
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: Technology (85%). Largest country: United States (77%). Largest size group: Mega cap (57%).
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
- +31%
- Deepest drop
- -27%
- Yearly volatility
- 33%
Average yearly growth over the last three years: 31%. Deepest drop in these years: 27% below the earlier high.
Does it pay dividends?
Yes, it pays out- Last payment
- $0.00
The last payment was $0.00 on Jun 20, 2025.
Is it easy to buy and sell?
Yes- Traded a day
- $2.53M
- Shares a day
- 48K
On an average day about $2.53M of the fund changes hands.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 39.2
- Average Bulios Score
- 66 out of 100
Weight by Bulios Fair Price
- Undervalued 4.8%
- Fairly valued 2.0%
- Overvalued 93%
On average the companies inside trade for 39.2 times their yearly profit. By Fair Price, 93% of the rated weight comes out as overvalued.
Counted from its largest companies (39), which make up 100% 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 | ||
|---|---|---|---|---|---|---|
TL TLF.TO Brompton Tech Leaders Income ETF | Canada | 0.75% | $88.1M | +9.6% | Pays out | 47% |
AI AIPI REX AI Equity Premium Income ETF | United States | 0.65% | $476.3M | -20% | Pays out | 45% |
GT GTOP Goldman Sachs Technology Opportunities ETF | United States | 0.65% | $32.2B | - | Reinvests | 44% |
OT OTCNX Invesco Discovery Large Cap R· mutual fund | - | - | $5.95B | -11% | Pays out | 43% |
TE TEKY Lazard Next Gen Technologies ETF | United States | 0.60% | $47.1M | +5.8% | Pays out | 42% |
XN XNGI.MI Xtrackers MSCI Next Generation Internet Innovation UCITS ETF 1C | Ireland | 0.30% | $75.7M | +13% | Reinvests | 42% |