COWS vs. FCLD ETF Comparison
Comparison of Amplify Cash Flow Dividend Leaders ETF (COWS) to Fidelity Cloud Computing ETF (FCLD)
COWS
Amplify Cash Flow Dividend Leaders ETF
COWS Description
COWS is an index tracking fund utilizing a replication strategy. The index strategy aims to invest in US stocks of companies perceived to be stable and pay dividends. The starting investment universe considers the 1000 most liquid US-listed companies, excluding the financial sector. Filtering this universe, the 100 highest ranked free cash flow yielding stocks, as measured by equally weighting the stocks average trailing and forward cash flow yield. Companies with no forward estimates for free cash flow yields or earnings are removed. The investment universe is then filtered to identify dividend paying stocks with three years of uninterrupted dividend growth. Stocks with a payout ratio greater than 75% are eliminated. The top 10% of dividend yielding stocks are selected for the index. This process results in 40-100 stocks being selected and initially equally weighted in the index. Industry exposure is capped at 24%. Index holdings are reconstituted and rebalanced on a quarterly basis.
Grade (RS Rating)
Last Trade
$29.76
Average Daily Volume
5,335
10
FCLD
Fidelity Cloud Computing ETF
FCLD Description
The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Cloud Computing Index. Normally investing at least 80% of assets in securities included in the Fidelity Cloud Computing Index and in depositary receipts representing securities included in the index. The Fidelity Cloud Computing Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that provide products or services enabling the increased adoption of cloud computing, characterized by the delivery of computing services over the internetGrade (RS Rating)
Last Trade
$24.13
Average Daily Volume
15,750
48
Performance
Period | COWS | FCLD |
---|---|---|
30 Days | 0.92% | 2.64% |
60 Days | 6.31% | 7.53% |
90 Days | 7.30% | -0.54% |
12 Months | 26.49% | 31.08% |
1 Overlapping Holdings
Symbol | Grade | Weight in COWS | Weight in FCLD | Overlap | |
---|---|---|---|---|---|
BOX | C | 2.89% | 1.28% | 1.28% |
COWS Underweight 47 Positions Relative to FCLD
Symbol | Grade | Weight | |
---|---|---|---|
ORCL | B | -4.99% | |
CRM | B | -4.74% | |
NOW | C | -4.52% | |
MSFT | D | -4.47% | |
INTU | F | -4.4% | |
EQIX | B | -3.51% | |
DLR | C | -3.03% | |
MSTR | B | -2.84% | |
WDAY | D | -2.79% | |
SNOW | F | -2.59% | |
DDOG | D | -2.58% | |
HPE | B | -2.52% | |
HUBS | D | -2.41% | |
WDC | C | -2.37% | |
NTAP | D | -2.37% | |
TEAM | D | -2.29% | |
STX | B | -2.28% | |
SMCI | F | -2.06% | |
ZM | C | -2.05% | |
PSTG | F | -2.01% | |
MDB | F | -2.0% | |
FFIV | B | -1.93% | |
XRX | D | -1.93% | |
DT | C | -1.87% | |
NTNX | C | -1.86% | |
TWLO | B | -1.76% | |
DAY | B | -1.71% | |
ESTC | F | -1.49% | |
CVLT | C | -1.47% | |
DBX | B | -1.45% | |
PATH | D | -1.32% | |
GTLB | D | -1.29% | |
CFLT | F | -1.27% | |
TDC | D | -1.16% | |
PEGA | B | -1.16% | |
AI | F | -1.13% | |
DOCN | C | -1.11% | |
RNG | F | -1.1% | |
FROG | F | -1.04% | |
FIVN | F | -0.95% | |
VERX | A | -0.95% | |
PDFS | F | -0.91% | |
FSLY | D | -0.89% | |
VRNT | F | -0.87% | |
INFA | D | -0.8% | |
VNET | B | -0.78% | |
SWI | C | -0.68% |
COWS: Top Represented Industries & Keywords
FCLD: Top Represented Industries & Keywords