Data as of . Holdings from the fund’s latest public SEC N-PORT filing; overlap and active share computed by ETFIQ against the IVV and QQQM books; returns from Tiingo end-of-day prices with distributions reinvested.
FDCF · Fidelity Disruptive Communications ETF
Fidelity · Themes desk
Open the live card on ETFIQBy 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 4, 2026 the fund returned +6.1% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 13.9 pts.
| Theme (ETFIQ, editorial) | Broad innovation and megatrends |
|---|---|
| Launched | Jun 12, 2023 |
| Already in the S&P 500, by weight (ETFIQ) | 56.1% |
| Active share vs the S&P 500 (ETFIQ) | 79.8% |
| Already in the Nasdaq-100, by weight (ETFIQ) | 45.7% |
| Active share vs the Nasdaq-100 (ETFIQ) | 74.5% |
| Top ten holdings weight | 56.1% |
| Holdings | 38 |
| Net assets (latest filing) | $107M |
| Holdings as of (SEC N-PORT) | May 31, 2026 |
| Top holdings | TAIWAN SEMICONDUCTOR MFG CO LTD 10.8%, ALPHABET INC 8.9%, META PLATFORMS INC 6.2%, NVIDIA CORP 5.6%, ARISTA NETWORKS INC 5.6%, AMAZON.COM INC 5.4%, WARNER BROS DISCOVERY INC 3.9%, ROKU INC 3.9%, QUEBECOR INC 3.1%, SEA LTD 2.7% |
| 3 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +3.3% / +4.7% / −1.4 pts / +1.3 pts |
| 6 months: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +12.9% / +15.2% / −2.3 pts / −7.3 pts |
| 1 year: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +6.1% / +20.0% / −13.9 pts / −19.5 pts |
| 3 years: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +94.2% / +78.0% / +16.2 pts / +0.7 pts |
| since launch: total return / S&P 500 / gap / Nasdaq-100 gap (ETFIQ) | +101.0% / +85.0% / +16.1 pts / −2.1 pts |
| Below its all-time high (ETFIQ) | −1.9% |
| Expense ratio (prospectus XBRL) | 0.50% |
| Fee for the part that differs from the S&P 500, active expense ratio (ETFIQ) | 0.63% |
| Closest funds by holdings overlap | PNQI 35%, ALAI 35%, OGIG 34%, METV 34%, FDTX 32% |
Questions people ask
- How much of FDCF is already in the S&P 500?
- By its holdings filed for May 31, 2026, 56% of FDCF by weight is stocks the S&P 500 already holds. Its active share against the index is 80%, so that share is the part doing something different.
- What does FDCF hold?
- 38 positions as filed for May 31, 2026, with the top ten at 56% of the fund. The largest are TAIWAN SEMICONDUCTOR MFG CO LTD at 10.8%, ALPHABET INC at 8.9%, META PLATFORMS INC at 6.2%.
- Has FDCF beaten the S&P 500?
- Over the year to Sep 4, 2026 FDCF returned +6.1% with distributions reinvested, against +20.0% for the S&P 500, so it finished behind the index by 13.9 points.
- What does FDCF cost?
- The prospectus expense ratio is 0.50% a year. Because 80% of the fund differs from the S&P 500, the fee on that differing part works out at 0.63%.
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.
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