FCOM vs. QQQN ETF Comparison

Comparison of Fidelity MSCI Telecommunication Services Index ETF (FCOM) to VictoryShares Nasdaq Next 50 ETF (QQQN)

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

$58.27

Average Daily Volume

86,478

Number of Holdings ^*

* may have additional holdings in another (foreign) market

QQQN

VictoryShares Nasdaq Next 50 ETF

QQQN Description

The investment seeks to provide investment results that track the performance of the Nasdaq Q-50 Index before fees and expenses. The fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the index. The index is composed of the 50 largest nonfinancial domestic and international companies listed on The Nasdaq Stock Market based on market capitalization after excluding the companies included in the Nasdaq-100 Index.

Grade (RS Rating)

Last Trade

$31.65

Average Daily Volume

6,312

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FCOM	QQQN
30 Days	4.71%	3.53%
60 Days	11.08%	4.80%
90 Days	12.47%	10.05%
12 Months	39.10%	35.21%

3 Overlapping Holdings

Symbol	Grade	Weight in FCOM	Weight in QQQN	Overlap
FOX	A	0.46%	0.88%	0.46%
FOXA	A	0.83%	0.92%	0.83%
NWSA	B	0.87%	0.95%	0.87%

FCOM Overweight 90 Positions Relative to QQQN

Symbol	Grade	Weight
META	B	22.7%
GOOGL	C	12.69%
GOOG	C	9.88%
NFLX	A	4.63%
CMCSA	B	4.18%
T	A	3.94%
VZ	D	3.9%
DIS	B	3.75%
TMUS	A	3.28%
TTD	B	1.9%
CHTR	B	1.5%
EA	A	1.49%
TTWO	A	1.32%
RBLX	B	1.26%
LYV	A	1.23%
WBD	B	1.22%
OMC	A	1.08%
LBRDK	C	0.89%
IPG	F	0.83%
PINS	F	0.83%
SNAP	C	0.8%
LUMN	C	0.76%
ROKU	C	0.73%
TKO	D	0.7%
NYT	C	0.68%
MTCH	F	0.62%
FYBR	D	0.5%
PARA	B	0.46%
NXST	C	0.42%
EDR	B	0.41%
IAC	F	0.31%
CCOI	C	0.29%
MSGS	B	0.28%
CNK	B	0.27%
TGNA	B	0.26%
RDDT	B	0.26%
ZI	C	0.25%
TDS	C	0.25%
IRDM	B	0.25%
SATS	D	0.25%
CARG	B	0.23%
ZD	B	0.2%
YELP	C	0.18%
SIRI	C	0.16%
CABO	B	0.15%
DJT	C	0.15%
NPAB	F	0.14%
MGNI	A	0.14%
LBRDA	C	0.13%
TRIP	D	0.13%
GSAT	B	0.12%
AMC	C	0.1%
IMAX	B	0.09%
MSGE	F	0.09%
CARS	B	0.09%
QNST	C	0.09%
LILAK	F	0.08%
USM	C	0.08%
VMEO	B	0.08%
SSTK	D	0.07%
IDT	B	0.07%
LGF.A	D	0.07%
IAS	D	0.07%
STGW	B	0.06%
ZIP	D	0.06%
TTGT	C	0.06%
BMBL	C	0.06%
GCI	D	0.06%
SHEN	F	0.05%
SCHL	F	0.05%
PUBM	C	0.05%
EVER	D	0.04%
THRY	F	0.04%
GOGO	C	0.04%
IBTA	D	0.04%
MCS	A	0.04%
ATUS	C	0.04%
CNSL	C	0.03%
GTN	F	0.03%
ATEX	F	0.03%
CCO	C	0.03%
BOC	D	0.03%
LGF.A	D	0.03%
MAX	F	0.03%
ADV	F	0.03%
FUBO	C	0.03%
LILA	F	0.02%
EB	C	0.02%
AMCX	C	0.02%
ANGI	F	0.01%

FCOM Underweight 46 Positions Relative to QQQN

Symbol	Grade	Weight
APP	B	-4.61%
ALNY	D	-3.68%
MSTR	B	-3.64%
MPWR	F	-3.59%
AXON	B	-3.25%
TSCO	D	-3.07%
EBAY	C	-3.03%
NTAP	D	-2.37%
UAL	A	-2.36%
CHKP	C	-2.26%
ICLR	F	-2.26%
WDC	D	-2.23%
TCOM	C	-2.22%
PTC	B	-2.16%
STX	D	-2.12%
FSLR	F	-2.01%
TER	F	-1.98%
STLD	C	-1.94%
EXPE	B	-1.92%
ZM	B	-1.86%
ZBRA	B	-1.86%
HOLX	D	-1.84%
SSNC	C	-1.81%
ARGX	B	-1.77%
VRSN	C	-1.77%
JBHT	C	-1.74%
DKNG	B	-1.73%
ULTA	C	-1.68%
GEN	B	-1.61%
MANH	C	-1.61%
LNT	C	-1.55%
ENTG	F	-1.52%
AKAM	F	-1.52%
UTHR	B	-1.52%
ALGN	D	-1.51%
SNY	F	-1.51%
SWKS	F	-1.48%
NTNX	B	-1.45%
NTRA	B	-1.43%
NDSN	B	-1.39%
BSY	F	-1.39%
CPB	F	-1.37%
BMRN	F	-1.3%
BNTX	D	-1.06%
ENPH	F	-1.04%
NWS	B	-0.51%