Fidelity Disruptive Communications ETF

FDCF

Market cap $95.6M

What does it mean to invest in disruption? Fidelity Investments offers a suite of strategies that embrace disruptive investing, and for the Fidelity Disruptive Communications ETF (FDCF), that has helped the fund outperform its averages so far this year.

Fidelity Investment's suite of disruptive ETFs are designed to capture growth opportunities arising from groundbreaking innovation and transformative technologies.

Fidelity launched five disruptive ETFs, including the Fidelity Disruptive Communications ETF, focusing on companies innovating in communication services and media sectors. The ETF employs a bottom-up stock-picking approach, benchmarking against the MSCI ACWI Index and MSCI All Country World Communication Services Equal Weighted Index. Investors should evaluate if the ETF's holdings align with their disruptive investment concept and compare its performance against standard industry ETFs for a Buy decision.

Thematic investing continues to garner attention at the midyear point on sustained artificial intelligence interest. For advisors and investors looking to diversify their thematic holdings, the Disruptive ETF suite from Fidelity offers strategies cutting across several sectors.

Technology remained the best-performing sector of the second quarter on the AI drive, while energy lagged.

Snap's stock price is hovering around its highest level in over a year following a bullish report from Wells Fargo analysts initiated in early December, as quoted on CNBC.