What this ETF is trying to do

The Fidelity Disruptive Technology ETF (FDTX) focuses on companies that create new, "disruptive" technologies. Instead of investing in traditional businesses, it puts money into companies that are changing how industries work.

What the numbers show

As of October 5, 2026, the share price of FDTX is $60.95. The data shows strong growth over several timeframes:

• Year-to-Date: The price return is 49.60%.

• One Year: The price return is 48.58%.

• Three Years: The price return is 161.23%.

The "price return" measures only how much the share price moved. The "total return" includes both price changes and any distributions. For this ETF, the one-year total return is 48.58% and the three-year total return is 161.24%.

To put this in perspective, the estimated price from roughly one year ago was $41.02. If an investor had put $10,000 into the ETF at that estimated price, the value of those shares alone would be worth approximately $14,857.57 today.

Income and distribution explanation

Some investors buy ETFs to get regular cash payments, called distributions. However, FDTX has a distribution yield of 0% and no distributions were detected in the last 12 months. This means the ETF does not currently provide cash income to its shareholders.

NAV erosion explanation

"NAV erosion" happens when the actual value of the assets inside an ETF drops over time. StockValueFinder uses an erosion-risk score to track this. FDTX has an erosion score of 100, and the label states "No price erosion detected." The severe erosion-risk flag is false, meaning the fund has not triggered a warning for substantial price deterioration.

Top Holdings

This ETF holds 45 different assets. Because the list is partial, we only see the Top Holdings. As of October 7, 2026, the largest holdings include:

• Taiwan Semiconductor Manufacturing Co Ltd: 5.86%

• Palantir Technologies Inc: 5.10%

• Marvell Technology Inc: 4.84%

• Palo Alto Networks Inc: 4.64%

• NVIDIA Corp: 4.48%

• Advanced Micro Devices Inc: 4.32%

• Mediatek Inc: 4.21%

• Datadog Inc: 4.18%

• Meta Platforms Inc: 3.94%

• Microsoft Corp: 3.87%

Pros

• The ETF has shown significant price growth over the last one and three years.

• There is currently no detected NAV erosion.

Cons

• The ETF provides no cash income or distributions for investors.

Beginner takeaway

FDTX is designed for growth rather than income. While it has seen a large increase in share price, it does not pay out dividends. Investors should remember that a high return in the past does not guarantee the same results in the future.