(FDFF) Fidelity Disruptive Finance - Ratings and Ratios

The Fidelity Disruptive Finance ETF (NASDAQ:FDFF) is designed to capitalize on innovative financial technologies and business models that are reshaping the traditional financial sector. The fund typically invests at least 80% of its assets in companies engaged in disruptive finance, such as digital payments, blockchain, decentralized finance (DeFi), and other emerging financial technologies. These companies often leverage technology to create more efficient, accessible, and cost-effective financial solutions, potentially displacing traditional financial institutions over time. The fund is non-diversified, meaning it may concentrate its holdings in a smaller number of securities, which can increase risk but also potentially amplify returns.

From a technical perspective, FDFF is currently trading below its 20-day and 50-day moving averages, which stand at 37.62 and 37.73, respectively. However, it remains above its 200-day moving average of 34.13, indicating that the long-term trend is still intact despite recent weakness. The average true range (ATR) of 0.57 suggests relatively low volatility, while the average 20-day volume of 7,740 shares indicates moderate liquidity. With an AUM of $48.87 million, the fund is relatively small, which may allow for more agile investment decisions but could also limit its ability to track broader market movements.