FBOT ETF: What Is It? Returns, Expense Ratio, Holdings and Alternative ETFs Explained
The Fidelity Disruptive Automation ETF (FBOT) is an actively managed ETF that invests in the robotics, artificial intelligence and automation innovation themes. Unlike passive products that track an index, its management team selects the holdings. The key items to check are the management fee, the risk of a non-diversified, concentrated portfolio, and the outlook for the theme.
SubscribeWhat Is the Fidelity Disruptive Automation ETF?
This is a thematic ETF that invests in companies selected to lead the structural shift in the automation industry. The management team actively picks innovative companies in areas such as robotics, artificial intelligence, machine vision, autonomous driving and 3D printing.
It suits growth-oriented investors who want to bet on the long-term growth potential of automation and robotics and are willing to accept volatility.
It is an actively managed ETF operated by Fidelity.
How Does the Fidelity Disruptive Automation ETF Invest?
| Item | Details |
|---|---|
| Tracking index | Active management (does not track an index) |
| Management style | Active (selected by the management team) |
| Rebalancing frequency | At the management team's discretion |
| Dividend frequency | Annual dividend |
| Total expense ratio | 0.50% |
| Issuer | Fidelity |
Instead of replicating a benchmark index, the management team selects companies it judges to have high automation innovation potential and invests most of the fund's assets in them. Because of its non-diversified structure, the portfolio is concentrated in a small number of themes and stocks, and holdings are adjusted according to the management team's judgment.
- Active selection, not tracking an index
- Concentrated in the robotics, AI and automation themes
Fidelity Disruptive Automation ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) are $205.9M, and the total expense ratio is 0.50% per year.
Unlike passive thematic ETFs, the management team adjusts holdings at its discretion, so the fee is somewhat higher than the category average.
Fidelity Disruptive Automation ETF Performance and Trends
1-Year Price Performance
Dividend & Yield
52-Week Price RangeReturns tend to be highly volatile depending on market interest in the automation and AI themes, and the fund tends to move together with the technology stock cycle. Because of its thematic concentration, price swings can be wider than those of broad market ETFs.
Market expectations for the AI and robotics themes drive fund flows, and interest tends to concentrate when appetite for the theme strengthens. Conversely, fund flows can become more volatile when growth stocks are weak.
Fidelity Disruptive Automation ETF Strengths and Weaknesses
Its strength is active exposure to the automation innovation theme, while its weaknesses are the management fee and the volatility that comes with concentrated holdings.
💪 Key Strengths
⚠️ Points to Watch
Fidelity Disruptive Automation ETF Alternative ETFs and Related Products
Among comparable ETFs in the same automation and robotics theme, BOTZ and GRID, shown in the table, differ from the actively managed FBOT in that they are passive and track an index, while AIS is an active product more focused on the artificial intelligence theme, with a different fee and exposure profile. If you are also considering broad robotics and AI exposure, ETFs such as ROBT or ROBO can be looked at as alternatives.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 GRID | First Trust Clean Edge Smart Grid | $162.68 | -0.3% | $11.1B | 0.56% | 0.95% | +5.0% |
 BOTZ | Global X Funds Global X Robotics & Artificial Intelligence ETF | $33.02 | +1.0% | $3.1B | 0.68% | 0.53% | -11.6% |
 AIS | VistaShares Artificial Intelligence Supercycle ETF | $59.91 | +1.1% | $1.1B | 0.75% | - | +56.5% |
 NASA | Tema Space Innovators ETF | $20.39 | +1.6% | $950.6M | 0.75% | - | - |
 TAN | Invesco Solar ETF | $41.07 | -0.7% | $874.5M | 0.70% | - | -11.7% |
Top Holdings| Ticker | Name | Weight | Price | Change | Market Cap | P/E | Dividend Yield |
|---|---|---|---|---|---|---|---|
| TSM | Taiwan Semiconductor Manufacturing ADR | 0.14% | $418.51 | +1.5% | $2.17T | 26.9 | 0.99% |
| TER | Teradyne Inc | 0.13% | $308.85 | +0.0% | $48.3B | 42.4 | 0.17% |
| DE | Deere & Co | 0.10% | $646.15 | +0.4% | $174.2B | 35.9 | 1.01% |
| NVDA | NVIDIA Corp | 0.09% | $210.96 | -0.6% | $5.08T | 26.7 | 0.37% |
| AXON | Axon Enterprise Inc | 0.03% | $420.37 | +1.4% | $34.1B | 174.1 | - |
| PLTR | Palantir Technologies Inc | 0.03% | $196.75 | +0.3% | $472.8B | 167.7 | - |
Fidelity Disruptive Automation ETF Investor Checkpoints
These are the points to check before investing in FBOT. As a thematic active ETF, it is important to verify costs, stock concentration and theme volatility in advance, and it is advisable to adjust the position size from a satellite position perspective alongside core assets.
| Checkpoint | What to check | Current status |
|---|---|---|
| 💵 Expense ratio | Check the long-term cumulative effect of active management fees | Somewhat higher than the category |
| 📊 Concentration | Weight of a small number of stocks in a non-diversified structure | Concentrated structure maintained |
| 🌐 Theme exposure | Review the growth outlook for the automation and AI themes | Theme concentrated |
| 💱 Exchange rate | Impact on returns converted into Korean won | Unhedged |
The non-diversified thematic concentration and active management are the main drivers of volatility. If appetite for the automation and AI themes weakens or growth stocks enter a correction phase, short-term losses can widen.
This is a thematic active ETF suited to investors who want to actively bet on automation and robotics innovation. If you can accept the costs and volatility, it can be considered as a satellite position alongside core assets.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of June 18, 2026.
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