Fidelity Disruptive Technology ETF

FDTX

Market cap $215M

If you searched for a biotech or health sciences ETF and landed on Fidelity Disruptive Technology ETF (NYSEARCA:FDTX), there is something important to clarify upfront: this fund carries zero healthcare sector exposure.

Disruptive technology is manifesting in heavier use of artificial intelligence (AI), machine learning, robotics, and other advancements. This is creating the need to adjust regulations at the federal and state levels.

There are thousands of exchange-traded funds available in the market today. While having multiple options is great, it can also become difficult to choose the right one.

AI investing remains a top priority for investors ahead of 2026. Finding the right way into that trend, however, is the real task.

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

FDTX invests in companies leading tech advances, focusing on automation, AI, cybersecurity, and cloud computing, with a global portfolio and 80% asset allocation to disruptive tech. The fund's active management and worldwide strategy aim to capture growth opportunities and mitigate country-specific risks, though it carries high risk due to concentrated holdings. Compared to ARK Innovation ETF, FDTX has weakened recently but could reverse; its 0.50% fee aligns with other managed thematic ETFs.

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 disruptors such as artificial intelligence continue to capture the attention and imagination of investors seeking the leaders of tomorrow. Investors shouldn't overlook the award-winning Fidelity Disruptive Technology ETF (FDTX), which provides exposure to disruptive tech companies.

FDTX, an actively managed disruptive tech ETF, is the best-performing vehicle in the innovation & disruption group I track. In the portfolio, there are numerous top-quality large-cap names. Growth characteristics are impressive. With a lofty P/S ratio and a small EY, FDTX has no margin of safety.