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Fidelity Disruptive Medicine ETF (FMED)

Health | Exchange Traded Fund | NasdaqGM
31.64 USD -0.90 (-2.759%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 31.64

Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:★☆☆☆☆
Hot Take | Aug. 22, 2026, 3:45 a.m. EDT

The immediate outlook is driven by a powerful technical breakout. After trading well below the 50-day moving average for months, the price has surged past the $30 mark and is now testing the 52-week high, indicating strong near-term momentum and a high-conviction entry developing for traders. However, this rally is occurring against a backdrop of mixed long-term fundamentals; the asset recorded a negative year-over-year return last year, signaling that the market has recently reassessed the business quality downward despite the recent price surge. Furthermore, the income profile is negligible, offering only token payouts that fail to provide any meaningful yield or inflation protection. Investors should view the current strength as a tactical opportunity rather than a confirmation of a superior long-term investment thesis.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.068978
AutoTheta0.071421
AutoARIMA0.071691
AutoETS0.071694

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 54%
H-stat 5.92
Ljung-Box p 0.000
Jarque-Bera p 0.054
Excess Kurtosis -0.38
Attribute Value
Trailing P/E 44.84

Dividend Data

Dividend History
Date Dividend Yield %
2024-12-20 0.112 0.447463
2024-06-21 0.001 0.004212
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 0.0

Info Dump

Attribute Value
All Time High 32.888
All Time Low 19.88
Ask 28.87
Ask Size 1
Average Daily Volume10 Day 7,020
Average Daily Volume3 Month 6,827
Average Volume 6,827
Average Volume10Days 7,020
Beta3 Year 0.81
Bid 20.72
Bid Size 2
Category Health
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 32.03
Day Low 31.6372
Dividend Yield 0.0
Eps Trailing Twelve Months 0.70557725
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 29.30442
Fifty Day Average Change 2.332779
Fifty Day Average Change Percent 0.07960502
Fifty Two Week Change Percent 32.228245
Fifty Two Week High 32.888
Fifty Two Week High Change -1.2508011
Fifty Two Week High Change Percent -0.03803214
Fifty Two Week Low 23.48
Fifty Two Week Low Change 8.1572
Fifty Two Week Low Change Percent 0.34741056
Fifty Two Week Range 23.48 - 32.888
First Trade Date Milliseconds 1,686,576,600,000
Five Year Average Return 0.0098725995
Full Exchange Name NasdaqGM
Fullday Change -0.8978
Fullday Change Percent -2.75949
Fullday Price 31.6372
Fund Family Fidelity Investments
Fund Inception Date 1,586,995,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,023-06-12
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name Fidelity Disruptive Medicine ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_647865790
Nav Price 32.55278
Net Assets 45,461,400.0
Net Expense Ratio 0.5
Open 31.99
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 31.6372
Post Market Time 1,787,947,805
Previous Close 32.535
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.89780045
Regular Market Change Percent -2.7594912
Regular Market Day High 32.03
Regular Market Day Low 31.6372
Regular Market Day Range 31.6372 - 32.03
Regular Market Open 31.99
Regular Market Previous Close 32.535
Regular Market Price 31.6372
Regular Market Time 1,787,947,200
Regular Market Volume 1,961
Short Name Fidelity Disruptive Medicine ET
Source Interval 15
Symbol FMED
Three Year Average Return 0.1178557
Total Assets 45,461,400
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 44.838745
Trailing Peg Ratio None
Trailing Three Month Nav Returns 12.7649
Trailing Three Month Returns 12.7649
Triggerable 1
Two Hundred Day Average 26.8623
Two Hundred Day Average Change 4.7748985
Two Hundred Day Average Change Percent 0.17775464
Type Disp ETF
Volume 1,961
Yield 0.0
Ytd Return 3.33292