GET DAILY SIGNALSFDIG ETF Slides -19% Over 30 Days: Tracking the Crypto and Digital Payments Fund
Key Takeaways
- The Fidelity Crypto Industry and Digital Payments ETF (FDIG) has fallen roughly 19% over the last 30 days, extending a decline of roughly 20% over the trailing quarter.
- The fund passively tracks the Fidelity Crypto Industry and Digital Payments Index, holding about 77 global companies tied to cryptocurrency, blockchain, and digital payments processing.
- Weakness has been concentrated in bitcoin miners and digital-asset exchanges — the ETF's heaviest positions — including COIN, IREN, WULF, and MARA.
- Sector exposure skews toward Financial Services (about 56%) and Technology (about 37%), giving the fund a high-beta, risk-sensitive profile.
- The slide has been trend-driven rather than a single-session shock, with a steep leg lower from the fund's late-September peak.
- For additional context on valuation levels, review the ticker's Price Targets and Forecast pages.
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FDIG Overview and Portfolio Exposure
FDIG is a passively managed, non-diversified exchange-traded fund that seeks to match, before fees and expenses, the performance of the Fidelity Crypto Industry and Digital Payments Index. The underlying index reflects a global universe of companies engaged in cryptocurrency, related blockchain technology, and digital payments processing, generally requiring constituents to derive a meaningful share of revenue from those themes. The fund carries a net expense ratio of 0.39% and manages more than $200 million in assets.
The portfolio holds approximately 77 securities, weighted by trading activity rather than market capitalization. Its largest positions include cryptocurrency exchange operator Coinbase Global, stablecoin issuer Circle Internet Group, bitcoin-mining and data-center operators IREN, TeraWulf, Applied Digital, MARA Holdings, and Hut 8, alongside digital-payments names such as Block. This concentration in miners and exchanges means the fund's fortunes are tightly linked to the price of Bitcoin and the economics of the mining industry. I also checked this using Tickeron’s AI Screener to see how the stock compares to others in the industry.
FDIG Price Performance: Last 30 Days vs. Quarter
Over the last 30 days, FDIG has declined roughly 19%, falling from a closing level near $40 to about $32. The move has not been a single shock but a steady, trend-driven slide punctuated by above-average trading volume on down days, indicating persistent selling pressure rather than an isolated liquidation event.
The trailing quarter tells a similar, slightly deeper story: FDIG is down roughly 20% over three months. The fund rallied to a multi-month high near $47 in late September before reversing sharply, surrendering those gains and breaking below its August levels. The path has been volatile and directionally negative, with the heaviest losses concentrated in October and early November.
What Drove FDIG Price in the Last 30 Days
The recent decline reflects weakness across the ETF's core holdings. Bitcoin miners and digital-asset infrastructure companies — the fund's largest group of positions — are high-beta equities whose revenue and margins are directly tied to the spot price of Bitcoin, network hash rate, and electricity costs. When Bitcoin softens, the leveraged economics of mining amplify downside in names such as IREN, TeraWulf, and MARA Holdings.
Broader market conditions added pressure. Rising interest rates and a risk-off tilt among investors tend to weigh most heavily on long-duration, high-valuation growth and thematic equities, a category in which crypto-linked stocks sit firmly. Exchange and payments names such as Coinbase also remain sensitive to trading volumes and overall digital-asset sentiment. With roughly 56% of the portfolio in Financial Services and 37% in Technology, the fund had limited defensive cushioning as selling broadened. From what I see, this setup leaves little room for defensive buffering when sentiment turns.
What Drove FDIG Performance Over the Last Quarter
Over the full quarter, the same structural forces were at work, but at a slower and more persistent pace. Institutional positioning in high-beta thematic ETFs often unwinds first when risk appetite deteriorates, and FDIG's concentrated, trading-weighted portfolio offers little offset from more defensive segments. A rotation away from speculative growth and toward quality, cash-generative assets contributed to a steady grind lower.
The performance gap between the fund's digital-payments holdings and its pure crypto-mining positions also matters. Payments and fintech names such as Block have been comparatively resilient, while miners bore the brunt of the selloff as Bitcoin's price and network economics softened. Because miners represent a large share of FDIG's weight, their underperformance dominated the fund's three-month return.
FDIG ETF Outlook: What Investors Should Watch Next
The most important factor for FDIG going forward is the direction of the spot price of Bitcoin, which drives both the revenue of miners and the trading activity of exchanges. Investors should also monitor network hash rate and electricity costs, which determine miner profitability, as well as the ongoing shift of some mining operators toward AI and high-performance-computing data-center revenue, a trend that could change earnings profiles for names like IREN and Applied Digital.
Monetary policy remains a key macro swing factor. Expectations for interest rates and inflation influence how much investors are willing to pay for high-beta, long-duration growth assets, and any shift in the rate outlook could quickly change sentiment toward crypto-linked equities. Regulatory developments around digital assets, stablecoins, and exchange oversight also carry meaningful risk for the fund's largest holdings. Finally, capital flows into thematic ETFs themselves matter: sustained outflows can pressure prices independent of fundamentals. None of these factors offer a clear directional signal, but together they will largely determine whether FDIG's drawdown stabilizes or deepens in the months ahead. I’m watching this closely as the macro backdrop evolves.
Using Tickeron’s AI Tools in My Research
In my own analysis, Tickeron’s AI Screener has proven useful for quickly scanning securities with technical indicators, fundamentals, volatility metrics, and performance characteristics. It helps surface names meeting specific momentum or trend criteria without reviewing charts one by one, which is especially handy when tracking holdings in volatile areas like crypto and digital payments. Explore the AI Screener to refine searches across this segment.
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I’m a trader and independent researcher. My interest lies at the intersection of financial markets, algorithms, and capital management. I develop data-driven tools and strategies and study algorithmic approaches to market analysis. I help turn complex market data into clear insights and practical systems. I believe technology should support, not replace, investment thinking
FDIG's RSI Indicator recovers from oversold territory
The RSI Oscillator for FDIG moved out of oversold territory on November 06, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 24 similar instances when the indicator left oversold territory. In 24 of the 24 cases the stock moved higher. This puts the odds of a move higher at 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 56 of 58 cases where FDIG's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 90%.
The Moving Average Convergence Divergence (MACD) for FDIG just turned positive on November 09, 2026. Looking at past instances where FDIG's MACD turned positive, the stock continued to rise in 47 of 52 cases over the following month. The odds of a continued upward trend are 90%.
Following a +6.42% 3-day Advance, the price is estimated to grow further. Considering data from situations where FDIG advanced for three days, in 264 of 275 cases, the price rose further within the following month. The odds of a continued upward trend are 90%.
FDIG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The 10-day moving average for FDIG crossed bearishly below the 50-day moving average on October 07, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 10 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 90%.
The 50-day moving average for FDIG moved below the 200-day moving average on November 09, 2026. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FDIG declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 90%.
The Aroon Indicator for FDIG entered a downward trend on November 09, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
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