While large-cap technology companies, including the Magnificent Seven, often account for a substantial share of market-cap weighted index allocations, investors may consider a range of opportunities across the broader market to align with their investment objectives.
Fidelity Disruptive Technology ETF earns a Buy rating for its concentrated, actively managed portfolio targeting top AI infrastructure and compute names. FDTX differentiates itself by focusing on market leaders like NVDA, TSM, MSFT, AMZN, GOOG, and META, avoiding diluted exposure found in equal-weight peers. The fund's 0.50% expense ratio is competitive for active management, with disciplined portfolio turnover and a clear thesis aligned with AI capital expenditure trends.
Fidelity Disruptive Technology ETF (FDTX) earns a Buy for its concentrated, actively managed exposure to leading AI infrastructure and compute names. FDTX's top holdings—TSM, NVDA, MSFT, AMZN, GOOG, META—anchor it at the upper end of the AI value chain, driving recent outperformance. The fund's 0.50% expense ratio is competitive for active management, and its 42% turnover signals disciplined, thesis-driven portfolio construction.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 137,370 | $7.95M | $7.5M | -$448,984.06 | -5.65% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 1,617 | $50,218.82 | $88,332.51 | $38,113.69 | 75.9% |
Cole Bruner Buska Wealth Management LLC | 4,788 | $159,536.16 | $242,799.48 | $83,263.32 | 52.19% |
Christopher C. Powers Farther Finance Advisors, LLC | 1,885 | $109,024.52 | $95,588.35 | -$13,436.17 | -12.32% |
| CY Cathy Yasui Central Pacific Bank - Trust Division | 71 | $2,277 | $3,600.41 | $1,323.41 | 58.12% |
| NASDAQ (NGS) Exchange | US Country |
The fund is designed to capitalize on the growth potential of disruptive technology companies. By focusing on innovative businesses that present new methodologies or pioneering services, it positions itself at the forefront of technological advances. The essence of the fund's strategy lies in its commitment to investing in entities that are not just part of the technological evolution but are actively setting the benchmarks and redefining industries. With an investment principle that requires at least 80% of its assets to be allocated in securities belonging to these groundbreaking companies, the fund is intensely dedicated to its vision. Its approach underscores a belief in the long-term value generated by companies that challenge and transform the current market paradigms.
This category encompasses a broad range of investments in companies that are innovating within the technology sector. By targeting enterprises that are either creating new markets or significantly altering existing ones, the fund seeks to support and capitalize on the advancements that have the potential to redefine the way businesses operate and interact with their customers.
Fidelity's approach to disruption revolves around identifying and investing in developments that signify shifts in industry dynamics and consumer demands. This strategy is central to discovering opportunities in unconventional and emerging technological segments, potentially leading to above-average growth as these innovations mature and gain market acceptance.