FCOM vs. QQEW ETF Comparison

Comparison of Fidelity MSCI Telecommunication Services Index ETF (FCOM) to First Trust NASDAQ-100 Equal Weighted Index Fund (QQEW)

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

$57.85

Average Daily Volume

78,048

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQEW

First Trust NASDAQ-100 Equal Weighted Index Fund

QQEW Description

The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NASDAQ-100 Equal Weighted Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The NASDAQ-100 Equal Weighted Index(SM) is the equal-weighted version of the NASDAQ-100 Index(R) which includes 100 of the largest non-financial securities listed on NASDAQ(R) based on market capitalization. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$130.33

Average Daily Volume

54,063

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FCOM	QQEW
30 Days	5.20%	4.20%
60 Days	7.01%	4.82%
90 Days	9.65%	4.80%
12 Months	35.69%	20.36%

11 Overlapping Holdings

Symbol	Grade	Weight in FCOM	Weight in QQEW	Overlap
CHTR	C	1.49%	1.15%	1.15%
CMCSA	B	4.15%	1.04%	1.04%
EA	A	1.57%	1.13%	1.13%
GOOG	C	9.85%	0.52%	0.52%
GOOGL	C	12.65%	0.52%	0.52%
META	D	21.65%	0.99%	0.99%
NFLX	A	5.0%	1.15%	1.15%
TMUS	B	3.35%	1.14%	1.14%
TTD	B	1.8%	1.1%	1.1%
TTWO	A	1.37%	1.17%	1.17%
WBD	C	1.27%	1.15%	1.15%

FCOM Overweight 82 Positions Relative to QQEW

Symbol	Grade	Weight
DIS	B	4.36%
VZ	C	4.13%
T	A	4.11%
LYV	A	1.34%
RBLX	C	1.25%
OMC	C	1.03%
FOXA	B	0.85%
NWSA	B	0.85%
PINS	D	0.84%
LBRDK	C	0.81%
IPG	D	0.77%
ROKU	D	0.74%
TKO	B	0.73%
SNAP	C	0.71%
NYT	C	0.65%
LUMN	C	0.65%
MTCH	D	0.63%
FYBR	D	0.52%
FOX	A	0.48%
PARA	C	0.45%
EDR	A	0.42%
NXST	C	0.41%
IAC	D	0.28%
CNK	B	0.28%
CCOI	B	0.28%
MSGS	A	0.27%
RDDT	B	0.26%
IRDM	D	0.25%
TDS	B	0.25%
SATS	D	0.24%
CARG	C	0.24%
TGNA	B	0.24%
ZI	D	0.2%
ZD	B	0.2%
YELP	C	0.18%
MGNI	A	0.16%
NPAB	B	0.16%
SIRI	C	0.15%
DJT	C	0.15%
CABO	C	0.14%
LBRDA	C	0.12%
TRIP	F	0.12%
GSAT	C	0.11%
CARS	B	0.1%
AMC	C	0.1%
QNST	B	0.09%
IMAX	B	0.09%
VMEO	B	0.08%
USM	B	0.08%
MSGE	F	0.08%
IDT	B	0.07%
LGF.A	C	0.07%
LILAK	D	0.07%
STGW	B	0.06%
GCI	D	0.06%
SSTK	F	0.06%
IAS	C	0.06%
BMBL	D	0.06%
TTGT	C	0.06%
SHEN	F	0.05%
PUBM	C	0.05%
SCHL	D	0.05%
ZIP	F	0.05%
FUBO	F	0.04%
EVER	F	0.04%
IBTA	C	0.04%
THRY	F	0.04%
GOGO	C	0.04%
ATUS	C	0.04%
MCS	B	0.04%
CNSL	C	0.03%
BOC	C	0.03%
ADV	D	0.03%
ATEX	D	0.03%
CCO	C	0.03%
GTN	F	0.03%
LGF.A	C	0.03%
MAX	F	0.03%
LILA	D	0.02%
EB	C	0.02%
AMCX	C	0.02%
ANGI	D	0.01%

FCOM Underweight 90 Positions Relative to QQEW

Symbol	Grade	Weight
TEAM	A	-1.47%
TSLA	B	-1.25%
LULU	C	-1.21%
NVDA	C	-1.21%
DASH	A	-1.19%
MRVL	B	-1.18%
FTNT	C	-1.18%
BKNG	A	-1.17%
ZS	C	-1.16%
BKR	B	-1.15%
PCAR	B	-1.12%
ODFL	B	-1.11%
MAR	B	-1.11%
PANW	C	-1.11%
FAST	B	-1.11%
DDOG	A	-1.1%
INTC	D	-1.1%
ADSK	A	-1.1%
CRWD	B	-1.1%
HON	B	-1.09%
PDD	F	-1.08%
CSCO	B	-1.07%
CPRT	A	-1.07%
PYPL	B	-1.07%
AMZN	C	-1.06%
ORLY	B	-1.06%
ISRG	A	-1.06%
CDNS	B	-1.06%
MU	D	-1.05%
ADP	B	-1.05%
MNST	C	-1.05%
WDAY	B	-1.05%
PAYX	C	-1.05%
GILD	C	-1.05%
VRSK	A	-1.04%
SNPS	B	-1.04%
ILMN	D	-1.04%
GFS	C	-1.04%
INTU	C	-1.04%
XEL	A	-1.03%
DXCM	D	-1.02%
ANSS	B	-1.02%
CTAS	B	-1.02%
CTSH	B	-1.02%
MDB	C	-1.01%
VRTX	F	-1.0%
SBUX	A	-0.99%
COST	B	-0.98%
CSX	B	-0.98%
ABNB	C	-0.98%
FANG	D	-0.97%
ROP	B	-0.97%
TXN	C	-0.97%
ADBE	C	-0.97%
AVGO	D	-0.96%
AAPL	C	-0.96%
MSFT	F	-0.94%
ARM	D	-0.94%
PEP	F	-0.93%
NXPI	D	-0.93%
LRCX	F	-0.93%
AMAT	F	-0.93%
CSGP	D	-0.93%
QCOM	F	-0.93%
CCEP	C	-0.93%
LIN	D	-0.92%
ON	D	-0.92%
EXC	C	-0.91%
ADI	D	-0.9%
ROST	C	-0.89%
DLTR	F	-0.88%
AEP	D	-0.88%
GEHC	F	-0.88%
KHC	F	-0.87%
KDP	D	-0.86%
MELI	D	-0.86%
MDLZ	F	-0.85%
CEG	D	-0.85%
AMD	F	-0.85%
ASML	F	-0.84%
AMGN	D	-0.84%
KLAC	D	-0.82%
MCHP	F	-0.82%
AZN	D	-0.8%
IDXX	F	-0.8%
BIIB	F	-0.79%
CDW	F	-0.77%
REGN	F	-0.66%
MRNA	F	-0.58%
SMCI	F	-0.38%