Fidelity Crypto Industry and Digital Payments ETF
The fund ormally invests at least 80% of assets in equity securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies engaged in activities related to cryptocurrency, related blockchain technology, and digital payments processing. The fund is non-diversified.
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 1Y SHOWN
Flows are quiet — the past month netted out near zero, while the price has returned +8.9% so far this year. At 0.39% a year it is not the cheapest way in — IEFA runs the same ground at 0.07%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
| 1 week | +4.8% |
| 1 month | +8.1% |
| 3 months | -1.9% |
| 6 months | +24.0% |
| YTD | +8.9% |
| 1 year | +11.1% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
Due diligence cuts both ways. These funds sit on the same shelf and beat FDIG on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| IBIT iShares Bitcoin Trust | 0.12% | $64.8B | — | -27bp on fee · 676× the assets | Head-to-head |
| FBTC FIDELITY WISE ORIGIN BITCOIN FUND | — | $7.8B | — | 81× the assets | Head-to-head |
| EWN iShares MSCI Netherlands ETF | 0.50% | $745M | +$142M | 8× the assets · +$142M in over the month | Head-to-head |
| BITO ProShares Bitcoin Strategy ETF | 0.95% | $1.8B | — | 18× the assets | Head-to-head |