Fidelity Disruptive Medicine ETF (FMED)

Fidelity Disruptive Medicine ETF (FMED) is an exchange-traded fund in the Health category. It has $51.54M in assets, an expense ratio of 0.50% and a 0.00% dividend yield. The fund normally invests at least 80% of assets in securities of disruptive medicine companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.