Thematic investing: Disruption

Fidelity's disruptive funds invest in innovative business models, emerging industries, and technologies that are changing the status quo.


Disruption investing with Fidelity

The pace of change is accelerating with technological advances, innovative business models, and evolving customer preferences. Our robust research capabilities help us identify companies that are developing new or unconventional ways of doing business that could disrupt and replace incumbents over time. Leveraging this research, we've developed a unique set of active and index disruption products.

In 2024 alone, the FDA approved 37 novel therapies—many of them first-in-class or for rare diseases—underscoring the pace of disruption and innovation in healthcare.1

To deliver the required data center infrastructure, the United States alone will need to more than triple its annual power capacity over the next five years.2

Globally, average mobile data usage per smartphone is set to rise from 21 GB in 2023 to 56 GB in 2029.3

Fidelity's disruption funds

Learn about our 10 disruption products, the range of industries that they cover, and types of companies they may invest in.


Active ETFs

Fidelity® Disruptive Automation ETF (FBOT)

Invests in companies leading the way in automation, from industrial robotics to artificial intelligence and autonomous driving.

Fidelity® Disruptive Communications ETF (FDCF)

Invests in companies changing the way we connect and communicate, from social media to 5G-related digital infrastructure and the internet of things.

Fidelity® Disruptive Finance ETF (FDFF)

Invests in companies helping to deliver more efficient and customized financial solutions, such as digital payments and internet banks.

Fidelity® Disruptive Medicine ETF (FMED)

Invests in companies that are transforming medical diagnostics, therapies, and services, from gene therapy to robotic surgery and digital health platforms.

Fidelity ® Disruptive Technology ETF (FDTX)

Invests in new technologies such as companies delivering cloud computing, harnessing big data, and transforming consumer experiences through internet and mobile platforms.

Fidelity® Disruptors ETF (FDIF)

Brings together 5 disruptive themes—automation, communications, finance, medicine, and technology—in a single fund.

Index ETFs

Fidelity® Crypto Industry & Digital Payments ETF (FDIG)

Invests in companies that help to power blockchain technology, cryptocurrency, and digital payments processing.

Fidelity® Metaverse ETF (FMET)

Invests in the tech leaders and emerging businesses helping to create the new digital world though digital content, infrastructure, and wearable technology.

Fidelity® Cloud Computing ETF (FCLD)

Invests in companies enabling the increased adoption of cloud computing characterized by the delivery of computing services over the internet.

Fidelity® Electric Vehicles and Future Transportation ETF (FDRV)

Invests in companies engaged in the production of electric and autonomous vehicles and/or their components, technology, or energy systems.

Thought leadership

Learn why disruptor companies may help shape the investing world for years to come.
Some of the largest companies in the world are disruptors that introduced new business models and changed established industries to create entirely new ones. Think Amazon, Facebook, Netflix, and Uber.


Fintech stocks making a splash
Fintech, which is short for financial technology, is creating ripples within traditional financial services. Recent IPOs, along with other fintech companies, could help reshape payment, banking, investing, and other financial services.

Next steps

Learn how actively managed ETFs differ from passively managed ETFs.

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