BOSTON, September 1, 2026, 04:58 EDT – FDTX dropped 0.2% after Fidelity raised its fees, following a previous 42% surge in the fund.
- FDTX closed on Monday at $54.48, down 0.18%.
- The active ETF delivered a 42.11% gain through June and charges an annual fee of 0.50%.
- The fund recorded a three-year volatility of 26.02%, while the passive FTEC showed 21.79% over the same period.
Fidelity Disruptive Technology ETF (NASDAQ:FDTX) slipped 0.18% to $54.48 on Monday. In contrast, a passive Fidelity technology fund rose 0.33% Nasdaq price history.
The gap for the day was slight. The bigger question for investors is whether active management can keep justifying fees that are six times higher.
FDTX posted a market price return of 42.11% through June, outpacing the 27.37% rise recorded by the Fidelity MSCI Information Technology Index ETF (NYSEARCA:FTEC) FDTX fund facts.
Active FDTX trailed passive FTEC over six sessions
Indexed closes; August 24 = 100. Latest available regular-session close.
The margin has contracted in latest sessions. FDTX gained 2.39% over six consecutive sessions to Monday. FTEC rose 3.52%, while Invesco QQQ Trust NASDAQ:QQQ increased 1.48%.
FDTX charges an annual fee of 0.50%. FTEC, on the other hand, has an expense ratio of 0.084%, about one-sixth the cost of FDTX’s fee FTEC fund facts.
The active premium buys a smaller, faster-moving portfolio
FDTX values appear first; FTEC is the comparison.
The difference in annual fees is $41.60 per $10,000 invested, and this expense compounds as the value of both funds rises.
FDTX distributed its assets more broadly, assigning 23.00% to international stocks as of June. By comparison, FTEC kept 99.98% of its portfolio in domestic equities.
Marvell Technology, Inc. NASDAQ:MRVL, Micron Technology, Inc. NASDAQ:MU, and Taiwan Semiconductor Manufacturing Company Limited NYSE:TSM represented the largest positions in the active fund, collectively accounting for 25.45% of all assets.
FDTX spreads beyond U.S. mega-cap technology
Top positions and geographic allocation, percent of net assets.
Western Digital Corporation NASDAQ:WDC and Palo Alto Networks, Inc. NASDAQ:PANW completed the top five, broadening exposure to cycles across memory, storage and security.
FDTX’s largest 10 holdings represented 53.30% of its total assets. For FTEC, the top 10 positions comprised 60.03%, with Nvidia Corporation NASDAQ:NVDA, Apple Inc. NASDAQ:AAPL, and Microsoft Corporation NASDAQ:MSFT constituting a significant share of the index.
This approach adjusts concentration rather than removing it, reallocating focus from mega-cap stocks to greater positions in smaller semiconductor and infrastructure companies.
FDTX reported a three-year beta of 1.66 compared to its global benchmark. The tracking error was 17.50%, suggesting performance could fluctuate widely.
Risks: Investments in disruptive technologies can rapidly lose relevance and face regulatory oversight. International holdings carry risks related to politics and currency. ETF shares may also trade at prices diverging from their net asset value.
No fresh fund closures emerged before Tuesday’s market open. The forthcoming regular session will indicate whether FDTX’s selected stocks can rebound from recent underperformance and uphold their 2026 lead.
Related articles: NASDAQ:MRVL
