FBOT ETF — Fidelity Disruptive Automation ETF

Fidelity Disruptive Automation ETF (FBOT)

FBOT is an ETF. As of September 3, 2026, its distribution rate is 0.31%, its trailing-12-month yield is 0.43%, its expense ratio is 0.50%. Dividend Vision Distribution Safety Score™ is 72/100 (Generally safe). Total return is 56.4% over the past 3.2 years, 29.3 points behind SPY at 85.7%.

At the current 0.31% distribution rate, a $10,000 investment would generate approximately $31 per year, or $2.58 per month on an equivalent basis. Actual quarterly payments vary.

Fidelity Disruptive Automation ETF is an actively managed fund that invests at least 80% of its assets in companies developing innovative automation technologies and business models expected to disrupt traditional industries, with particular focus on artificial intelligence and robotics. The fund carries a modest current distribution rate, distributes quarterly, and has an expense ratio of 0.50%. It appeals to growth-oriented investors seeking exposure to disruptive technological innovation rather than those prioritizing current income.

FBOT performance versus SPY

Data as of September 3, 2026.

Total return is 56.4% over the past 3.2 years, 29.3 points behind SPY at 85.7%. Its deepest 1-year drawdown was 15.2%.

FBOT key facts

Data as of September 3, 2026.

Distribution Safety Score™

72 · Generally safe

Safety-Adjusted Yield

0.22%

Issuer

Fidelity Investments

Asset type

ETF

Asset class

Equity

Inception date

04/16/2020

Expense ratio

0.50%

Distribution rate

0.31%

Distribution frequency

Quarterly

Trailing yield

0.43%

Last close

$39.25

NAV

$38.56

Premium / discount

1.79% premium

AUM

$214,167,530

Average volume

12976.0

Last dividend

$0.03

Last ex-dividend date

03/20/2026

Last payment date

03/24/2026

Beta

1.46

P/E ratio

30.7086

How Dividend Vision calculates yield and returns

Distribution rate (0.31%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.43%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

Primary sources: Fidelity Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FBOT risks and drawbacks

FBOT's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 15.2%.

Who may consider FBOT — and who may not

It is a weaker fit for investors who need monthly cash flow (FBOT pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

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