FDIG
Fidelity Crypto Industry and Digital Payments ETF
FDIG tracks the Fidelity Crypto Industry and Digital Payments Index.
US
EQUITY
Rules-Based
MANAGEMENT STYLE
126.1 M
ASSETS UNDER MGMT
39 bp
EXPENSES
Fund Basics
Fund sponsor | Fidelity |
Category | US |
Asset class | Equity |
Website | link... |
Inception date | Apr 19, 2022 |
Assets (mns) | $126 |
Expense ratio | 39 bp |
Currency | USD |
Sector Breakdown
Fund Structure
Regulation | Open-Ended Fund |
Distributions | Quarterly |
Taxation | 1099 |
Stock selection | Market Cap |
Weighting | Market Cap |
Holdings Transparency | Full |
Derivatives-based | No |
Options available | Yes |
Currency hedged | No |
Fund of funds | No |
Top 10 Holdings
Complete list +
COINBASE GLOBAL, INC. CLASS A | 11.5 % |
MARATHON DIGITAL HOLDINGS INC | 9.4 % |
CLEANSPARK, INC. | 6.9 % |
RIOT BLOCKCHAIN INC | 6.0 % |
TERAWULF INC. | 4.9 % |
HUT 8 CORP | 4.6 % |
CIPHER MINING INC | 3.8 % |
IRIS ENERGY LTD. | 3.7 % |
BITFARMS LTD. | 3.5 % |
BIT DIGITAL, INC. | 3.0 % |
Constituent Breakdown
Number of holdings | 48 |
Herfindahl-Hirschman Index | 475 |
Wgt avg mkt cap (mns) | $30,751 |
Large cap (>$10bn) | 23.7% |
Mid cap ($2-10bn) | 36.8% |
Small cap (<$2bn) | 39.4% |
Developed mkts. | 94.0% |
Emerging mkts. | 6.0% |
Country Exposure
UNITED STATES | 57.4 % | |
CANADA | 11.3 % | |
AUSTRALIA | 3.7 % | |
BRAZIL | 3.0 % | |
FRANCE | 2.3 % | |
CHINA | 2.2 % | |
GERMANY | 2.1 % | |
JAPAN | 1.5 % | |
ITALY | 1.3 % | |
UAE | 1.1 % |
Historical Performance
Standardized Performance (as of 11/30/2024)
YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
---|---|---|---|---|---|---|---|
Total Returns | 36.5% | 91.6% | 75.1% | -- | -- | -- | 25.2% | Volatility | 62.0% | 63.9% | 61.4% | -- | -- | -- | -- |
Market Correlations
versus... | Beta | R-squared |
S&P 500 | 3.00 | 53% |
MSCI EAFE | 2.08 | 27% |
MSCI Emg Mkts | 1.61 | 17% |
Liquidity Measures
Avg. volume (000) | 135 |
Turnover | 3.8% |
Avg. Bid/Ask (% of price) | 0.92% |
ADV of underlying (mns) | $12,548 |
Technical Indicators
Recent close | $35.05 |
30d moving avg. | $38.74 |
Annualized volatility | 70.5% |
Relative strength (RSI) | 52 |
Short interest (ETF) | 1.5% |
Short interest (underlying) | 0.0% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
Ticker | Fund Name | Overlap vs. FDIG |
Expenses vs. FDIG |
ALTAR Score™ vs. FDIG |
---|---|---|---|---|
BKCH | Global X Blockchain ETF | 57.0% | +11 bp | -1.4% |
IBLC | iShares Blockchain and Tech ETF | 56.1% | +8 bp | +0.0% |
BITQ | Bitwise Crypto Industry Innovators ETF | 55.7% | +46 bp | -0.2% |
GFOF | Grayscale Future of Finance ETF | 47.1% | +31 bp | +1.1% |
DAPP | VanEck Digital Transformation ETF | 46.6% | +11 bp | -1.2% |
WGMI | Valkyrie Bitcoin Miners ETF | 40.2% | +36 bp | -5.0% |
CRPT | First Trust SkyBridge Crypto Industry & Digital Economy ETF | 37.2% | +46 bp | +1.8% |
SATO | Invesco Alerian Galaxy Crypto Economy ETF | 28.8% | +22 bp | -0.3% |
BWEB | Bitwise Web3 ETF | 25.3% | +46 bp | +2.6% |
BLOK | Amplify Transformational Data Sharing ETF | 22.1% | +36 bp | +2.4% |
Risk and Returns: FDIG vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates
2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
---|---|---|---|---|---|---|---|---|
Sales per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- | |
Book value per share | -- | -- | -- | -- | -- | -- | -- | |
change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
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Valuation Metrics
2023 | 2024E | Fwd Est | 2025E | |
Price-to-sales | --x | --x | --x | --x |
Price-to-earnings | --x | --x | --x | --x |
Price-to-cash flow | --x | --x | --x | --x |
Price-to-growth | --x | --x | --x | --x |
Price-to-book value | --x | --x | --x | --x |
Yield | --% | --% | --x | --% |
Based on closing prices from 12/20/2024
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Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
FDIG
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
AVOID
Not worthwhile for most investors. A rating of AVOID is assigned to ETFs with ALTAR Scores in the lowest quintile (the bottom 20%) of their category. Often, funds in this category consist of stocks with little if any history or expectation of profitability, and as a result our fundamentally-driven analysis may be less relevant.
ALTAR Score™
FDIG
-1.8%
Cat. Avg
5.6%
ALTAR Score™ Calculation
Category Overview
There are 977 funds in the US Equity category, with an average ALTAR Score™
of 5.6% and a standard deviation of
2.6%. FDIG's ALTAR Score™ is approximately
2.9 standard deviations
below
the category average. This places FDIG in the 1st percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
FDIGSELL
U/W
HOLD
O/W
BUY
Expense Analysis
Peer Group | Rules-Based US Equity ETFs |
# of ETFs | 609 |
Avg. Expense Ratio | 46.6 bp |
Std. Deviation | 32.9 bp |
FDIG (39 bp) Percentile rank | 41 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
---|---|---|---|
FDIG | 39.0 | 91.8 | 130.8 |
Peer Avg. | 44.0 | 16.8 | 60.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .