Fidelity Disruptive Medicine ETF (FMED)Health | Exchange Traded Fund | NasdaqGM
26.27 USD
+0.05
(0.178%)
⇧
(April 21, 2026, 10:25 a.m.
EDT)
Short-term: ★★★☆☆ | Long-term: ★★★★☆ | Dividends: ★★☆☆☆ |
Hot Take | April 18, 2026, 11:57 p.m. EDT
The ETF is exhibiting strong technical bottoming momentum, edging back above its 50-day moving average despite a neutral forecasting model predicting a -1% drift. While the short-term catalyst is muted by low volume and flat model stats, the valuation (41.5x P/E) remains reasonable for disruptive med-tech, and the ecosystem news (AI integration) supports a medium-to-long-term accumulation thesis rather than a high-conviction immediate swing trade. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.084649 |
| AutoETS | 0.084851 |
| MSTL | 0.085974 |
| AutoTheta | 0.086316 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 52% |
| H-stat | 3.35 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.622 |
| Excess Kurtosis | -0.68 |
| Attribute | Value |
|---|---|
| Trailing P/E | 41.66 |
As of April 18, 2026, 11:57 p.m. EDT: Options data is extremely sparse, showing negligible OI and volume across the board for the July expiration. Implied volatility is flat at 30% with no significant calls or puts pinned at specific strikes, indicating a lack of active speculative positioning or directional conviction in the immediate short term.
| Date | Dividend | Yield % |
|---|---|---|
| 2024-12-20 | 0.112 | 0.447463 |
| 2024-06-21 | 0.001 | 0.004231 |
| Attribute | Value |
|---|---|
| All Time High | 29.073 |
| All Time Low | 19.88 |
| Ask | 33.68 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 4,070 |
| Average Daily Volume3 Month | 6,144 |
| Average Volume | 6,144 |
| Average Volume10Days | 4,070 |
| Beta3 Year | 1.04 |
| Bid | 18.92 |
| Bid Size | 2 |
| Category | Health |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 26.27 |
| Day Low | 26.2666 |
| Dividend Yield | 0.0 |
| Eps Trailing Twelve Months | 0.6305442 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 25.21966 |
| Fifty Day Average Change | 1.0469398 |
| Fifty Day Average Change Percent | 0.041512847 |
| Fifty Two Week Change Percent | 16.019653 |
| Fifty Two Week High | 29.073 |
| Fifty Two Week High Change | -2.8064003 |
| Fifty Two Week High Change Percent | -0.09652944 |
| Fifty Two Week Low | 22.59 |
| Fifty Two Week Low Change | 3.6765995 |
| Fifty Two Week Low Change Percent | 0.1627534 |
| Fifty Two Week Range | 22.59 - 29.073 |
| First Trade Date Milliseconds | 1,686,576,600,000 |
| Five Year Average Return | -0.0160974 |
| Full Exchange Name | NasdaqGM |
| 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 | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_647865790 |
| Nav Price | 26.25747 |
| Net Assets | 57,102,972.0 |
| Net Expense Ratio | 0.5 |
| Open | 26.27 |
| Previous Close | 26.22 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.04660034 |
| Regular Market Change Percent | 0.17770518 |
| Regular Market Day High | 26.27 |
| Regular Market Day Low | 26.2666 |
| Regular Market Day Range | 26.2666 - 26.27 |
| Regular Market Open | 26.27 |
| Regular Market Previous Close | 26.22 |
| Regular Market Price | 26.2666 |
| Regular Market Time | 1,776,781,503 |
| Regular Market Volume | 646 |
| Short Name | Fidelity Disruptive Medicine ET |
| Source Interval | 15 |
| Symbol | FMED |
| Three Year Average Return | 0.0161652 |
| Total Assets | 57,102,972 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 41.657032 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -9.30384 |
| Trailing Three Month Returns | -9.30384 |
| Triggerable | 1 |
| Two Hundred Day Average | 25.685604 |
| Two Hundred Day Average Change | 0.58099556 |
| Two Hundred Day Average Change Percent | 0.0226195 |
| Type Disp | ETF |
| Volume | 646 |
| Yield | 0.0 |
| Ytd Return | -9.30384 |