ETF Evaluator:
Fidelity Crypto Industry&DgtlPymntsETF (FDIG)
Follow This ETF
(as of Jul 31)
Best Performing in Equity Digital Assets Over the Last Year
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ETF Details
Fidelity Crypto Industry&DgtlPymntsETF Overview
Fidelity Crypto Industry&DgtlPymntsETF (FDIG) is a passively managed Sector Equity Equity Digital Assets exchange-traded fund (ETF). Fidelity Investments launched the ETF in 2022.
The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Crypto Industry and Digital Payments IndexSM.
The fund normally invests at least 80% of the fund's 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.
About Fidelity Crypto Industry&DgtlPymntsETF (FDIG)
There are 5 members of the management team with an average tenure of 4.20 years: Louis Bottari (2022), Payal Gupta (2022), Peter Matthew (2022), Navid Sohrabi (2022) and Robert Regan (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and Fidelity Crypto Ind & Digi Paym NR USD index with a weighting of 100%. Fidelity Crypto Industry&DgtlPymntsETF has 79 securities in its portfolio. The top 10 holdings constitute 47.8% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Fidelity Crypto Industry&DgtlPymntsETF is part of the Equity global asset class and is within the Sector Equity ETF group. Fidelity Crypto Industry&DgtlPymntsETF has 22.1% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 77.7% There is 22.1% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Fidelity Crypto Industry&DgtlPymntsETF has 15.1% of the portfolio in cash.
Assets Under Management
The fund has $263 million in total assets, which is above the $202 million average for the Equity Digital Assets category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
FDIG Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Fidelity Crypto Industry&DgtlPymntsETF expense ratio is below average compared to funds in the Equity Digital Assets category. Fidelity Crypto Industry&DgtlPymntsETF has an expense ratio of 0.39%, which is 42% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Fidelity Crypto Industry&DgtlPymntsETF has a portfolio turnover rate of 79%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 129% for the Equity Digital Assets category.
Recently, in the month of June 2026, Fidelity Crypto Industry&DgtlPymntsETF returned -10.1%, which earned it a grade of C, as the Equity Digital Assets category had an average return of -11.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Fidelity Crypto Industry&DgtlPymntsETF has a trailing yield of 1.46%, which is below the 5.17% category average.
The fund normally distributes its income quarterly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Fidelity Crypto Industry&DgtlPymntsETF Grades
Year to date, the ETF has returned 11.8%, 7.6 percentage points worse than the category, which translates into a grade of C. The fund has returned 22.1% over the past year (grade of C) and 31.8% over the past three years (grade of F).
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FDIG Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FDIG Return (NAV) | -10.1% | 30.9% | 22.1% | 31.8% | na | na |
| FDIG Return (Price) | -10.0% | 30.8% | 21.8% | 31.4% | na | na |
| NAV +/- Price Return | -0.125% | 0.129% | 0.260% | 0.474% | na | na |
| Equity Digital Assets Avg | -11.8% | 35.0% | 33.4% | 38.6% | -0.5% | na |
| FDIG Grade (NAV) | C | C | C | F | na | na |
| +/- Category (NAV) | 1.7% | -4.1% | -11.3% | -6.7% | na | na |
| FDIG Tax-Cost Ratio | na | na | 0.6% | 0.4% | na | na |
FDIG Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FDIG Return (NAV) | 11.8% | 19.6% | 17.7% | 165.7% | na | na | na | na | na | na | na |
| FDIG Return (Price) | 11.4% | 19.9% | 18.4% | 166.0% | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -0.036% | 0.012% | 0.039% | 0.002% | na | na | na | na | na | na | na |
| Equity Digital Assets Avg | 19.4% | 23.1% | 38.6% | 197.0% | -75.4% | 18.5% | 73.5% | 31.5% | na | na | na |
| FDIG Grade (NAV) | C | C | F | D | na | na | na | na | na | na | na |
| +/- Category | -7.6% | -3.5% | -20.9% | -31.3% | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | 3.46 |
| R-Squared: | 54% |
| Standard Deviation: | 59.8% |
| Category Risk Index: | 0.96 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 4.91 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 1.5% |
| Total Assets: | $ 263 Mil |
| Share Class Assets: | $ 263 Mil |
| Turnover: | 79.0% |
| Expense Ratio: | 0.39% |
| Index Fund: | Yes |
| Index Tracked: | MSCI ACWI NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Quarterly |
Management Team
| Number of Managers: 5 | |||
| Longest Tenure: 4.2 years | |||
| Average Tenure: 4.2 years | |||
| Managers (Year): Bottari Louis (2022), Gupta Payal (2022), Matthew Peter (2022), Sohrabi Navid (2022), Regan Robert (2022) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 79 |
| % in Top 10 Holdings: | 47.8% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 22.1% |
Portfolio Allocation |
|
| Domestic Stock: | 77.7% |
| Foreign Stock: | 22.1% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -14.8% |
| Cash: | 15.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Fidelity Investments |
| Phone Number: | 800-343-3548 |
| Website: | www.institutional.fidelity.com |
| Inception Date: | April 19, 2022 |
Expenses and Fees
| Expense Ratio (%): | 0.39% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.67% |
