FCOM vs. PSCU ETF Comparison

Comparison of Fidelity MSCI Telecommunication Services Index ETF (FCOM) to PowerShares S&P SmallCap Utilities Portfolio (PSCU)

FCOM

Fidelity MSCI Telecommunication Services Index ETF

FCOM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Telecommunication Services 25/50 Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Telecommunication Services 25/50 Index, which represents the performance of the telecommunication services sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Telecommunication Services 25/50 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$55.56

Average Daily Volume

86,181

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PSCU

PowerShares S&P SmallCap Utilities Portfolio

PSCU Description

The PowerShares S&P SmallCap Utilities Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Utilities & Telecom Services 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 measure the overall performance of common stocks of US utilities and telecommunication services companies. These companies are principally engaged in providing either energy, water or natural gas utilities, as well as services designed to promote or enhance the transmission of voice, data and video over various communications media, including wireline, wireless (terrestrial-based), satellite and cable. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$59.06

Average Daily Volume

6,301

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCOM	PSCU
30 Days	7.96%	2.82%
60 Days	13.50%	10.87%
90 Days	3.99%	18.70%
12 Months	41.03%	23.09%

22 Overlapping Holdings

Symbol	Grade	Weight in FCOM	Weight in PSCU	Overlap
CABO	F	0.14%	2.18%	0.14%
CARG	C	0.21%	3.47%	0.21%
CARS	F	0.09%	1.33%	0.09%
CCOI	B	0.28%	4.32%	0.28%
CNK	D	0.25%	3.96%	0.25%
CNSL	A	0.03%	0.48%	0.03%
GOGO	F	0.04%	0.52%	0.04%
IAC	C	0.34%	4.96%	0.34%
LUMN	C	0.61%	9.29%	0.61%
MSGS	A	0.27%	4.81%	0.27%
QNST	C	0.09%	1.46%	0.09%
SATS	C	0.29%	3.99%	0.29%
SCHL	F	0.07%	0.94%	0.07%
SHEN	F	0.06%	0.82%	0.06%
SSTK	F	0.08%	1.07%	0.08%
TDS	C	0.2%	3.12%	0.2%
TGNA	B	0.23%	3.46%	0.23%
THRY	F	0.05%	0.82%	0.05%
TRIP	D	0.14%	2.15%	0.14%
TTGT	F	0.05%	0.84%	0.05%
YELP	D	0.19%	3.12%	0.19%
ZD	D	0.19%	2.86%	0.19%

FCOM Overweight 70 Positions Relative to PSCU

Symbol	Grade	Weight
META	A	23.19%
GOOGL	B	12.38%
GOOG	B	9.64%
VZ	C	4.59%
NFLX	A	4.37%
CMCSA	B	4.21%
T	B	4.1%
DIS	D	3.86%
TMUS	A	3.04%
TTD	A	1.76%
EA	D	1.45%
CHTR	D	1.32%
TTWO	D	1.2%
WBD	F	1.18%
LYV	A	1.15%
RBLX	D	1.13%
OMC	C	1.12%
PINS	D	0.98%
IPG	D	0.93%
NWSA	D	0.83%
FOXA	B	0.83%
MTCH	B	0.81%
ROKU	C	0.78%
SNAP	D	0.77%
TKO	A	0.77%
LBRDK	C	0.76%
NYT	C	0.71%
FYBR	C	0.55%
PARA	F	0.48%
FOX	B	0.46%
NXST	D	0.44%
EDR	A	0.43%
IRDM	C	0.28%
ZI	F	0.23%
NPAB	D	0.17%
MGNI	D	0.15%
RDDT	B	0.14%
LBRDA	C	0.11%
LILAK	D	0.11%
AMC	F	0.11%
MSGE	B	0.09%
USM	B	0.08%
IMAX	D	0.08%
LGF.A	F	0.08%
GSAT	F	0.08%
VMEO	C	0.07%
IAS	F	0.07%
GCI	B	0.07%
DJT	F	0.07%
IDT	C	0.06%
ZIP	D	0.06%
STGW	B	0.06%
ATUS	C	0.05%
MAX	C	0.05%
BMBL	F	0.05%
PUBM	F	0.05%
ATEX	D	0.04%
IBTA	C	0.04%
FUBO	F	0.04%
GTN	D	0.04%
EVER	D	0.04%
LILA	B	0.03%
MCS	B	0.03%
BOC	D	0.03%
CCO	C	0.03%
ADV	F	0.03%
LGF.A	F	0.03%
ANGI	D	0.02%
EB	F	0.02%
AMCX	F	0.02%

FCOM Underweight 12 Positions Relative to PSCU

Symbol	Grade	Weight
MGEE	C	-4.48%
OTTR	F	-4.41%
AWR	B	-4.29%
CWT	D	-4.28%
AVA	D	-4.06%
CPK	C	-3.72%
CWEN	C	-3.35%
SJW	D	-2.33%
NWN	D	-2.08%
MSEX	C	-1.55%
UTL	D	-1.31%
CWEN	C	-1.3%