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The fund seeks long-term growth of capital & invests at least 80% of assets in securities of disruptive automation companies. Companies within the disruptive automation theme include but are not limited to those companies that, in the Adviser's opinion, are engaged in designing and manufacturing automation, enabling technology, tools, or processes including robotics, AI, machine vision, process sensors, pneumatic systems, autonomous driving, and 3D printing. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. This may include creating, providing, or contributing to new or expanded business models, value networks, pricing, and delivery of products and services. In pursuing this investment theme, the fund may invest in companies in any economic sector. Normally investing primarily in equity securities. Using fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments with quantitative portfolio construction. Investing in either "growth" stocks or "value" stocks or both. Investing in securities of domestic and foreign issuers.
Fidelity Disruptive Automation ETF trades on the NASDAQ stock market under the symbol FBOT.
As of January 27, 2026, FBOT stock price climbed to $35.88 with 8,291 million shares trading.
FBOT has a beta of 1.20, meaning it tends to be more sensitive to market movements. FBOT has a correlation of 0.81 to the broad based SPY ETF.
FBOT has a market cap of $179.60 million. This is considered a Micro Cap stock.
FBOT has outperformed the market in the last year with a price return of +20.8% while the SPY ETF gained +15.7%. FBOT has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +7.1% and +0.8%, respectively, while the SPY returned +3.1% and +0.1%, respectively.
FBOT support price is $35.15 and resistance is $35.88 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FBOT shares will trade within this expected range on the day.