FCLD vs. IGV ETF Comparison

Comparison of Fidelity Cloud Computing ETF (FCLD) to iShares Expanded Tech-Software Sector ETF (IGV)

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 internet

Grade (RS Rating)

Last Trade

$27.76

Average Daily Volume

13,026

Number of Holdings ^*

* may have additional holdings in another (foreign) market

IGV

iShares Expanded Tech-Software Sector ETF

IGV Description

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P North American Technology Software IndexTM (the "underlying index"). The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the underlying index. The underlying index measures the performance of U.S.-traded stocks of software-related companies in the United States and Canada. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$102.04

Average Daily Volume

3,594,629

Number of Holdings ^*

109

* may have additional holdings in another (foreign) market

Performance

Period	FCLD	IGV
30 Days	9.26%	11.06%
60 Days	15.46%	14.93%
90 Days	17.37%	17.54%
12 Months	35.64%	35.02%

29 Overlapping Holdings

Symbol	Grade	Weight in FCLD	Weight in IGV	Overlap
AI	B	1.1%	0.1%	0.1%
BOX	B	1.2%	0.17%	0.17%
CFLT	B	1.64%	0.25%	0.25%
CRM	B	5.14%	9.42%	5.14%
CVLT	B	1.49%	0.26%	0.26%
DBX	C	1.42%	0.23%	0.23%
DDOG	A	2.54%	1.43%	1.43%
DT	C	1.67%	0.56%	0.56%
ESTC	C	1.52%	0.27%	0.27%
FIVN	C	1.19%	0.1%	0.1%
GTLB	B	1.34%	0.25%	0.25%
HUBS	B	2.76%	1.25%	1.25%
INTU	B	4.27%	4.13%	4.13%
MSFT	D	3.85%	7.19%	3.85%
MSTR	A	4.92%	2.0%	2.0%
NOW	B	4.68%	7.13%	4.68%
NTNX	B	1.91%	0.61%	0.61%
ORCL	A	4.92%	8.34%	4.92%
PATH	C	1.24%	0.2%	0.2%
PD	C	0.88%	0.07%	0.07%
PEGA	B	1.26%	0.14%	0.14%
RNG	C	1.18%	0.11%	0.11%
SWI	B	0.64%	0.03%	0.03%
TDC	D	1.0%	0.1%	0.1%
TEAM	A	3.1%	1.39%	1.39%
VERX	A	1.14%	0.09%	0.09%
VRNT	D	0.77%	0.05%	0.05%
WDAY	C	2.75%	2.02%	2.02%
ZM	B	2.21%	0.76%	0.76%

FCLD Overweight 19 Positions Relative to IGV

Symbol	Grade	Weight
EQIX	A	3.15%
DLR	A	2.92%
SNOW	C	2.63%
TWLO	A	2.4%
HPE	B	2.37%
NTAP	C	1.99%
DAY	B	1.96%
MDB	C	1.93%
FFIV	B	1.88%
WDC	F	1.84%
STX	D	1.77%
XRX	F	1.75%
PSTG	F	1.74%
FROG	C	0.99%
SMCI	F	0.91%
DOCN	D	0.88%
FSLY	F	0.75%
INFA	D	0.7%
VNET	C	0.65%

FCLD Underweight 80 Positions Relative to IGV

Symbol	Grade	Weight
ADBE	D	-6.5%
PANW	B	-4.35%
PLTR	A	-4.17%
SNPS	C	-2.94%
CDNS	B	-2.91%
CRWD	B	-2.79%
ADSK	B	-2.31%
APP	A	-2.13%
ROP	C	-2.12%
FTNT	B	-2.1%
FICO	B	-1.99%
EA	A	-1.38%
TTWO	A	-1.04%
ANSS	B	-1.04%
TYL	B	-0.92%
PTC	B	-0.8%
ZS	B	-0.68%
MANH	D	-0.6%
DOCU	B	-0.58%
GWRE	A	-0.57%
GEN	B	-0.57%
SNAP	D	-0.4%
IOT	A	-0.36%
BILL	B	-0.3%
S	B	-0.28%
PCOR	C	-0.27%
SMAR	A	-0.27%
BSY	D	-0.26%
AZPN	A	-0.23%
SPSC	F	-0.23%
MARA	C	-0.22%
ALTR	B	-0.22%
VRNS	D	-0.21%
QTWO	B	-0.21%
CWAN	B	-0.2%
ACIW	B	-0.2%
AUR	C	-0.19%
APPF	C	-0.19%
U	F	-0.19%
QLYS	C	-0.19%
HCP	B	-0.18%
WK	C	-0.17%
CCCS	B	-0.17%
TENB	D	-0.17%
IDCC	B	-0.16%
DLB	F	-0.15%
NCNO	B	-0.13%
BLKB	B	-0.12%
CLSK	C	-0.12%
ZETA	D	-0.12%
BL	C	-0.11%
RIOT	C	-0.11%
INTA	B	-0.1%
DV	C	-0.1%
PRGS	B	-0.1%
FRSH	C	-0.1%
ALRM	C	-0.1%
YOU	D	-0.09%
RPD	C	-0.09%
ENV	B	-0.09%
AGYS	A	-0.09%
BRZE	C	-0.08%
ALKT	B	-0.08%
RAMP	C	-0.07%
VYX	C	-0.07%
AVPT	A	-0.06%
MTTR	B	-0.05%
ZUO	B	-0.05%
SPT	C	-0.05%
APPN	C	-0.05%
PRO	C	-0.04%
ASAN	C	-0.04%
ATEN	A	-0.04%
ADEA	C	-0.04%
NABL	F	-0.03%
CXM	C	-0.03%
JAMF	F	-0.03%
SEMR	C	-0.02%
MLNK	C	-0.02%
ETWO	F	-0.02%