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Data as of .

FDCF vs XT: which is really different?

FDCF and XT hold 14% of their weight in the same names, and XT returned more over the year.

Fidelity Disruptive Communications ETF and iShares Future Exponential Technologies ETF.

56.1%FDCF in the S&P 500
64.5%XT in the S&P 500
+1.5%FDCF total return, 1 year
+24.4%XT total return, 1 year

ETFIQ Off-Index Score: FDCF scores higher

How much of it is not the index it is sold as an alternative to?

FDCF 10.2XT 3.30.1, the lowest in this set91.8, the highest

A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

FDCF44% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
56%44%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 80% · top ten 56% of the fund · 38 holdings filed May 31, 2026 · Nasdaq-100: 46% in56%44%in the S&P 500outsideactive share 80% · top ten 56% of the fund
XT36% of its weight is outside the S&P 500 · 1 year to Sep 18, 2026
65%36%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 68% · top ten 34% of the fund · 225 holdings filed Sep 17, 2026 · Nasdaq-100: 39% in65%36%in the S&P 500outsideactive share 68% · top ten 34% of the fund

14% of the two portfolios are the same securities at the same weight.

What they hold in common

By the books each fund has filed, FDCF and XT hold 14% of their money in the same securities at the same weight.

Positions FDCF and XT both hold, largest shared weight first
HoldingFDCFXT
AMAZON.COM INC5.42%2.71%
NXP SEMICONDUCTORS NV0.98%0.90%
Only in each
Only in FDCFOnly in XT
TAIWAN SEMICONDUCTOR MFG CO LTD 10.85%TESLA INC 4.10%
ALPHABET INC 8.86%TEXAS INSTRUMENT INC 4.06%
META PLATFORMS INC 6.18%ELI LILLY 4.00%
NVIDIA CORP 5.61%MICROSOFT 3.94%
ARISTA NETWORKS INC 5.58%NVIDIA 3.85%
WARNER BROS DISCOVERY INC 3.88%PALO ALTO NETWORKS 3.43%
ROKU INC 3.87%JOHNSON & JOHNSON 3.13%
QUEBECOR INC 3.10%ANALOG DEVICES 3.03%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 18, 2026.

Performance, window by window

FDCF and XT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
FDCFXTFDCFXTFDCFXT
3 months+1.6%0.0%−0.7 pts−2.3 pts+4.1 pts+2.5 pts
6 months+17.5%+22.9%−0.5 pts+4.8 pts−6.7 pts−1.4 pts
1 year+1.5%+24.4%−15.1 pts+7.8 pts−20.3 pts+2.6 pts
3 years+100.6%+67.9%+22.2 pts−10.5 pts+2.5 pts−30.2 pts
Since launch+101.0%+284.5%+17.6 pts−56.6 pts−2.9 pts−342.6 pts
Open the live comparison on ETFIQ
FDCF and XT on the same fields, as of Sep 18, 2026. Source: ETFIQ.
FDCF
Fidelity Disruptive Communications ETF
Holds 38 stocks in broad innovation and megatrends, 56% of its weight in S&P 500 companies
XT
iShares Future Exponential Technologies ETF
Holds 225 stocks in broad innovation and megatrends, 64% of its weight in S&P 500 companies
IssuerFidelityiShares
ThemeBroad innovation and megatrendsBroad innovation and megatrends
In the S&P 50056.1%64.5%
Active share vs the S&P 50079.8%67.5%
In the Nasdaq-10045.7%39.4%
Holdings38225
Top ten, share of the fund56.1%33.9%
Expense ratio0.50%0.46%
Fee for the differing part0.63%0.68%
Total return, 1 year+1.5%+24.4%
vs the S&P 500−15.1 pts+7.8 pts
vs the Nasdaq-100−20.3 pts+2.6 pts
Below its high−2.0%−1.9%
Net assets$101m$4.0bn

FDCF in plain words

By weight, 56% of FDCF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 80%. The top ten holdings are 56% of the fund across 38 positions, as filed for May 31, 2026. Over the year to Sep 18, 2026 the fund returned +1.5% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 15.1 pts.

XT in plain words

By weight, 64% of XT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 68%. The top ten holdings are 34% of the fund across 225 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +24.4% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 7.8 pts.

Questions people ask

Do FDCF and XT hold the same stocks?
By their latest filings, 14% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, FDCF or XT?
FDCF has 56% of its weight in S&P 500 names and XT has 64%, so FDCF differs more from the index.
Which is cheaper, FDCF or XT?
FDCF charges 0.50% a year and XT charges 0.46%, so XT is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

FDCF against XT, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FDCF against XT, data as of Sep 18, 2026. https://etfiq.com/compare/themes/fdcf-vs-xt Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources