The ETF landscape has grown more with each passing year, offering a growing variety of strategies to help deliver for clients. That includes funds launched to offer exposure to innovative sectors, some only a few years old, like the digital assets space. The (FDIG ) could benefit from investors looking at digital assets and crypto amid pressure on the dollar to close out 2026.
- FDIG has returned 20.9% on a NAV basis in the last three years, according to Fidelity Investments data.
- The fund provides exposure to crypto infrastructure firms and digital assets names, with Coinbase (COIN) a key name.
- The strategy may benefit as concern about the dollar grows.
FDIG charges a 39 basis point fee to track the Fidelity Crypto Industry and Digital Payments Index. The digital assets ETF hit its three-year ETF milestone last year, investing in global firms related to crypto, the blockchain, and digital payments. FDIG differs from some of the newer crypto ETF/ETPs in that it does not provide direct spot crypto exposure.
The strategy requires investable companies to derive at least 50% of revenue from those relevant spaces. FDIG mostly focuses on crypto stocks in that split, with digital payments a smaller part.
For example, the strategy invests in names like (COIN), a key global cryptocurrency platform. According to Fidelity Investments data, COIN is currently the largest stock by weight in FDIG’s portfolio. While COIN may have disappointed YTD, it has spiked over the last month, up 11.3% in that time.
FDIG has taken that overall approach and performed well, in turn. The digital assets ETF has outperformed its benchmark over the last three years, according to Fidelity Investments data.
Specifically, FDIG has returned 33.98% on a NAV basis over that period, compared to 20.48% for its benchmark, per July 31 Fidelity Investments data. Per ETF Database data, the fund has outperformed the ETF Database Technology Equities category average in the last month.
See more: How Active Finance ETF FDFF Has Delivered on Key Milestone
Looking ahead, then, the fund may prove a solid option as the dollar wavers. Long term yields have risen amid growing debt and concerns around the Yen. Should crypto get attention amid that shift, FDIG may be poised to benefit.
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Fidelity Investments® is an independent company unaffiliated with VettaFi LLC (“VettaFi”). These articles do not form any kind of legal partnership, agency affiliation, or similar relationship between VettaFi and Fidelity Investments, nor is such a relationship created or implied by the articles herein. VettaFi LLC is the author and owner of these articles.
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