FBOT vs. IVES ETF Comparison

Comparison of Fidelity Disruptive Automation ETF (FBOT) to Wedbush ETFMG Global Cloud Technology ETF (IVES)

FBOT

Fidelity Disruptive Automation ETF

FBOT Description

The fund normally invests at least 80% of assets in securities of disruptive automation companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.82

Average Daily Volume

9,711

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IVES

Wedbush ETFMG Global Cloud Technology ETF

IVES Description

The Wedbush ETFMG Global Cloud Technology ETF (IVES) largely holds the “undercover gems” of cloud-based technology. The Fund’s investment objective seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Dan Ives Global Cloud Technology Prime Index. The Dan Ives Global Cloud Technology Prime Index (the “Index”) is an Index of Prime Indexes, a division of Level ETF Ventures LLC. The Index has been created to provide investors with a reference measure that enables them to track both event-driven news and long-term trends of cloud technology companies. The Index is designed to include the securities of companies across the globe engaged in providing infrastructure, equipment, connectivity, data back-up and storage services as well as data center management for enterprise-based software applications. Additionally, the constituents engaged in providing cloud-based software platforms that enable businesses to move data and software applications onto the cloud – cloud-enabling Software as a Service (SaaS) technologies. These companies are known collectively as “Cloud Technology Companies.”

Grade (RS Rating)

Last Trade

$49.21

Average Daily Volume

1,131

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FBOT	IVES
30 Days	4.47%	7.17%
60 Days	6.61%	5.41%
90 Days	5.14%	7.27%
12 Months	18.29%	43.26%

4 Overlapping Holdings

Symbol	Grade	Weight in FBOT	Weight in IVES	Overlap
AMZN	C	1.23%	2.24%	1.23%
MSFT	F	1.3%	2.09%	1.3%
NVDA	C	6.08%	2.47%	2.47%
SNPS	B	2.35%	2.35%	2.35%

FBOT Overweight 16 Positions Relative to IVES

Symbol	Grade	Weight
PTC	A	5.55%
TER	D	3.53%
TSLA	B	2.99%
ACN	C	2.9%
ROK	B	2.66%
ISRG	A	2.58%
DE	A	2.53%
GOOG	C	2.29%
AME	A	1.77%
ADSK	A	1.57%
CAT	B	1.52%
MANH	D	1.49%
UBER	D	1.43%
FIVN	C	1.12%
TDY	B	1.08%
ST	F	0.85%

FBOT Underweight 32 Positions Relative to IVES

Symbol	Grade	Weight
SNOW	C	-3.15%
TEAM	A	-3.13%
CFLT	B	-3.13%
VRT	B	-2.83%
GTLB	B	-2.72%
MRVL	B	-2.67%
MDB	C	-2.5%
DDOG	A	-2.47%
DELL	C	-2.43%
APPN	B	-2.4%
CDNS	B	-2.4%
ORCL	B	-2.37%
INTC	D	-2.28%
HPQ	B	-2.22%
HPE	B	-2.22%
NTAP	C	-2.16%
CIEN	B	-2.15%
ANET	C	-2.15%
MU	D	-2.12%
AAPL	C	-2.12%
GOOGL	C	-2.11%
HCP	B	-2.1%
WDC	D	-2.09%
IBM	C	-2.07%
AVGO	D	-1.95%
QCOM	F	-1.94%
JNPR	F	-1.92%
DOCN	D	-1.91%
AMD	F	-1.69%
BABA	D	-1.56%
SMCI	F	-1.52%
MPWR	F	-1.29%