The suitability of high-strength ultrafine and nanocrystalline materials processed by severe plastic deformation methods and aimed to be used for structural applications will strongly depend on their resistance against crack growth. In this contribution some general available findings on the damage tolerance of this material class will be summarized. Particularly, the occurrence of a pronounced fracture anisotropy will be in the center of discussion. In addition, the great potential of this generated anisotropy to obtain high-strength materials with exceptionally high fracture toughness in specific loading and crack growth directions will be enlightened.