Fidelity Disruptors ETF
FDIF
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 245 Summer Street Boston MA United States of America 2210
- IPO Date
- Jun 20, 2023
- Website
- digital.fidelity.com
- Similar Companies
- Business
- Fidelity Disruptors ETF (FDIF) is an actively managed exchange-traded fund that seeks long-term growth of capital by investing in a combination of five underlying Fidelity thematic ETFs focused on disruptive innovations across automation, communications, finance, medicine, and technology. The fund allocates assets primarily to Fidelity Disruptive Automation ETF (companies engaged in robotics, artificial intelligence, machine vision, autonomous driving, and 3D printing); Fidelity Disruptive Communications ETF (companies involved in social media, 5G communications, cloud networking, and connected devices); Fidelity Disruptive Finance ETF (companies providing digital payments, data processing, internet banks, and disruptive lending/insurance models); Fidelity Disruptive Medicine ETF (companies advancing robotic surgery, gene therapy, genomics, rare diseases, medical devices, immunotherapy, and health care platforms); and Fidelity Disruptive Technology ETF (companies in big data, software-as-a-service, cybersecurity, e-commerce, rideshare, and next-generation hardware). These holdings typically represent approximately 18-23% each of FDIF's portfolio, with the balance in cash or equivalents, providing diversified exposure to global equity securities of companies developing unconventional business models that could displace industry incumbents. Operated by Fidelity Covington Trust under the Fidelity Investments family, with management led by Michael Kim since inception, FDIF trades on the Nasdaq exchange under ticker FDIF (CUSIP: 316092121) and maintains a net expense ratio of 0.50%. The fund, domiciled in the United States, targets investors seeking thematic equity growth in large-cap growth sectors, with approximately 69% in domestic equities and 31% in international equities across developed and emerging markets; it benchmarks against the MSCI ACWI Index. Headquarters are located at 245 Summer Street, Boston, Massachusetts, with distributor operations at 900 Salem Street, Smithfield, Rhode Island. Originally launched as a mutual fund (predecessor Fidelity Disruptors Fund, FGDFX) on April 16, 2020, FDIF underwent a significant reorganization on June 16, 2023, converting to an ETF structure with $104 million in initial net assets to enhance trading flexibility, tax efficiency, and lower expenses. As of September 30, 2025, portfolio assets stand at approximately $100.1 million, with top holdings reflecting minor weighting adjustments amid ongoing active management, such as portfolio reallocations in underlying funds (e.g., exits from positions like ASML and additions to Marvell in related strategies during 2024-2025). No major acquisitions, partnerships, or new product launches specific to FDIF have been reported in the last 1-2 years, though the broader Fidelity Disruptive ETF suite continues to evolve with market-driven holdings changes.