FCLD vs. PCGG ETF Comparison

Comparison of Fidelity Cloud Computing ETF (FCLD) to Polen Capital Global Growth ETF (PCGG)

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

$24.04

Average Daily Volume

17,206

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PCGG

Polen Capital Global Growth ETF

PCGG Description

The fund is a non-diversified, actively-managed exchange-traded fund ("ETF") that seeks to achieve its objective by investing in a focused portfolio of approximately 25 to 40 common stocks of large capitalization companies that are located anywhere in the world, including companies in both developed and emerging markets, and, in the opinion of the sub-advisor to the fund, have a sustainable competitive advantage. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$11.47

Average Daily Volume

46,103

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCLD	PCGG
30 Days	1.65%	1.15%
60 Days	0.65%	2.59%
90 Days	2.22%	3.55%
12 Months	27.89%	19.73%

2 Overlapping Holdings

	Symbol	Grade	Weight in FCLD	Weight in PCGG	Overlap
	MSFT	C	4.47%	6.97%	4.47%
	WDAY	D	3.35%	3.91%	3.35%

FCLD Overweight 45 Positions Relative to PCGG

Symbol	Grade	Weight
ORCL	B	6.12%
NOW	A	5.29%
INTU	C	4.9%
CRM	D	4.76%
EQIX	B	3.8%
DLR	B	3.16%
MDB	D	2.6%
DDOG	D	2.56%
TEAM	D	2.45%
SNOW	F	2.38%
NTAP	D	2.24%
STX	C	2.22%
ZM	C	2.16%
NTNX	C	2.14%
FFIV	B	2.12%
XRX	F	2.11%
HPE	D	2.04%
HUBS	D	2.03%
DT	C	1.94%
WDC	D	1.92%
DAY	D	1.88%
TWLO	C	1.81%
MSTR	D	1.81%
CVLT	B	1.77%
PSTG	F	1.62%
DBX	D	1.58%
GTLB	D	1.54%
BOX	C	1.53%
SMCI	F	1.51%
PATH	D	1.37%
PEGA	C	1.24%
ESTC	F	1.14%
CFLT	F	1.06%
DOCN	B	1.06%
TDC	F	1.01%
FROG	F	0.95%
VERX	C	0.95%
RNG	D	0.93%
PDFS	D	0.87%
AI	F	0.86%
FIVN	F	0.77%
VRNT	F	0.75%
INFA	D	0.74%
SWI	B	0.72%
FSLY	D	0.63%

FCLD Underweight 7 Positions Relative to PCGG

Symbol	Grade	Weight
AMZN	C	-9.94%
GOOG	D	-8.8%
ADBE	F	-4.73%
ABT	C	-4.32%
MA	B	-4.28%
V	C	-4.15%
ICLR	D	-3.8%