Supplement to the

Fidelity® Disruptive Automation ETF, Fidelity® Disruptive Communications ETF, Fidelity® Disruptive Finance ETF, Fidelity® Disruptive Medicine ETF, Fidelity® Disruptive Technology ETF, and Fidelity® Disruptors ETF

September 29, 2023

Prospectus

Niamh Brodie-Machura no longer serves as Co-Portfolio Manager of each fund.

DRA-PSTK-0224-101 1.9910215.101 February 12, 2024

Supplement to the

Fidelity® Disruptive Automation ETF, Fidelity® Disruptive Communications ETF, Fidelity® Disruptive Finance ETF, Fidelity® Disruptive Medicine ETF, Fidelity® Disruptive Technology ETF, and Fidelity® Disruptors ETF

September 29, 2023

STATEMENT OF ADDITIONAL INFORMATION

Niamh Brodie-Machura no longer serves as Co-Portfolio Manager of each fund.

DRA-SSTK-0224-100-1.9911973.100 February 12, 2024