FBOT vs. PPA ETF Comparison

Comparison of Fidelity Disruptive Automation ETF (FBOT) to PowerShares Aerospace & Defense (PPA)
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 *

20

* may have additional holdings in another (foreign) market
PPA

PowerShares Aerospace & Defense

PPA Description The PowerShares Aerospace & Defense Portfolio (Fund) is based on the SPADE™ Defense Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify a group of companies involved in the development, manufacturing, operations and support of US defense, homeland security and aerospace operations. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$121.04

Average Daily Volume

186,719

Number of Holdings *

48

* may have additional holdings in another (foreign) market
Performance
Period FBOT PPA
30 Days 4.47% 3.31%
60 Days 6.61% 5.63%
90 Days 5.14% 8.65%
12 Months 18.29% 39.76%
1 Overlapping Holdings
Symbol Grade Weight in FBOT Weight in PPA Overlap
TDY B 1.08% 0.91% 0.91%
FBOT Overweight 19 Positions Relative to PPA
Symbol Grade Weight
NVDA C 6.08%
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%
SNPS B 2.35%
GOOG C 2.29%
AME A 1.77%
ADSK A 1.57%
CAT B 1.52%
MANH D 1.49%
UBER D 1.43%
MSFT F 1.3%
AMZN C 1.23%
FIVN C 1.12%
ST F 0.85%
FBOT Underweight 47 Positions Relative to PPA
Symbol Grade Weight
RTX C -7.09%
GE D -6.71%
LMT D -6.64%
BA F -6.23%
NOC D -5.36%
GD F -4.93%
HON B -4.88%
HWM A -4.44%
AXON A -4.43%
PH A -4.28%
LHX C -4.07%
TDG D -3.35%
ETN A -3.16%
PLTR B -2.72%
LDOS C -2.05%
BAH F -1.92%
APH A -1.91%
HEI B -1.83%
TXT D -1.74%
CW B -1.37%
BWXT B -1.36%
CACI D -1.26%
HII D -1.07%
WWD B -0.92%
KBR F -0.88%
AVAV D -0.84%
ATI D -0.81%
SAIC F -0.71%
HXL D -0.66%
MOG.A B -0.66%
KEYS A -0.62%
PSN D -0.61%
KTOS B -0.56%
RKLB B -0.56%
SPR D -0.51%
AIR B -0.35%
MRCY B -0.35%
OSK B -0.29%
OSIS B -0.27%
TGI B -0.2%
B B -0.19%
IRDM D -0.17%
CDRE D -0.16%
TTMI B -0.16%
DCO C -0.14%
AI B -0.13%
VSAT F -0.1%
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