The market for exchange-traded funds continues to broaden, adding new strategies that target fast-growing sectors. One of these offerings is the Digital assets ETF FDIG, a product designed to give investors exposure to companies that support crypto infrastructure and digital-payment services while the U.S. dollar experiences pressure.
Fidelity Investments data indicate that the fund has produced a 20.9% return on a net-asset-value basis over the past three years. In the same period, the fund posted a 33.98% gain, surpassing its benchmark’s 20.48% increase. These figures illustrate that the ETF has outperformed the reference index during that timeframe.
The vehicle charges a 39-basis-point fee to track the Fidelity Crypto Industry and Digital Payments Index. It reached its three-year milestone last year, investing in global firms linked to blockchain technology and electronic payments. This fee structure reflects the cost of maintaining exposure to the niche segment.
To qualify for inclusion, companies must generate at least half of their revenue from relevant activities. Consequently, the product leans heavily toward crypto-related stocks, while digital-payment firms occupy a smaller portion of the portfolio.
Coinbase (COIN) holds the largest weight in the portfolio. The platform’s share price rose 11.3% in the last month after a weaker performance earlier in the year. This movement highlights the impact that short-term price swings can have on the fund’s overall value.
The strategy has outperformed its benchmark over the three-year period and also beat the ETF Database Technology Equities category average in the most recent month, according to the same data source.
Further details on performance and holdings are available through the ETF Investing Content Hub, as referenced by Fidelity Investments data.
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