FDCF vs. FCOM ETF Comparison

Comparison of Fidelity Disruptive Communications ETF (FDCF) to Fidelity MSCI Telecommunication Services Index ETF (FCOM)

FDCF

Fidelity Disruptive Communications ETF

FDCF Description

The fund normally invests at least 80% of assets in securities of disruptive communications companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$37.97

Average Daily Volume

6,216

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$57.69

Average Daily Volume

87,582

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDCF	FCOM
30 Days	-0.24%	3.38%
60 Days	6.28%	6.70%
90 Days	7.69%	9.80%
12 Months	40.86%	37.18%

11 Overlapping Holdings

Symbol	Grade	Weight in FDCF	Weight in FCOM	Overlap
BMBL	C	0.98%	0.06%	0.06%
CMCSA	B	2.2%	4.18%	2.2%
GOGO	C	1.02%	0.04%	0.04%
GOOGL	B	5.47%	12.69%	5.47%
LBRDA	C	4.1%	0.13%	0.13%
META	C	3.08%	22.7%	3.08%
NFLX	A	2.08%	4.63%	2.08%
PINS	F	2.53%	0.83%	0.83%
SATS	D	0.71%	0.25%	0.25%
SNAP	D	3.02%	0.8%	0.8%
TMUS	A	4.48%	3.28%	3.28%

FDCF Overweight 24 Positions Relative to FCOM

Symbol	Grade	Weight
NVDA	B	5.66%
AMZN	B	5.62%
SE	B	4.91%
ANET	C	4.87%
AMT	D	4.68%
TSM	B	4.34%
PDD	F	2.9%
TWLO	A	2.78%
UBER	F	2.47%
AAPL	C	2.43%
CDNS	B	2.28%
IOT	B	1.88%
SPOT	A	1.51%
BABA	D	1.41%
ZM	B	1.39%
MSFT	D	1.37%
NOW	B	1.35%
PI	D	1.3%
DOCU	B	1.11%
DY	C	1.09%
NXPI	F	1.09%
SNPS	C	1.04%
NET	B	1.01%
ON	F	0.69%

FDCF Underweight 82 Positions Relative to FCOM

Symbol	Grade	Weight
GOOG	B	-9.88%
T	A	-3.94%
VZ	C	-3.9%
DIS	B	-3.75%
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	C	-1.08%
LBRDK	C	-0.89%
NWSA	B	-0.87%
FOXA	B	-0.83%
IPG	F	-0.83%
LUMN	C	-0.76%
ROKU	C	-0.73%
TKO	C	-0.7%
NYT	D	-0.68%
MTCH	F	-0.62%
FYBR	C	-0.5%
FOX	A	-0.46%
PARA	D	-0.46%
NXST	D	-0.42%
EDR	A	-0.41%
IAC	F	-0.31%
CCOI	B	-0.29%
MSGS	B	-0.28%
CNK	A	-0.27%
TGNA	B	-0.26%
RDDT	A	-0.26%
ZI	D	-0.25%
TDS	B	-0.25%
IRDM	D	-0.25%
CARG	A	-0.23%
ZD	B	-0.2%
YELP	C	-0.18%
SIRI	D	-0.16%
CABO	C	-0.15%
DJT	C	-0.15%
NPAB	F	-0.14%
MGNI	B	-0.14%
TRIP	D	-0.13%
GSAT	C	-0.12%
AMC	F	-0.1%
IMAX	B	-0.09%
MSGE	F	-0.09%
CARS	B	-0.09%
QNST	C	-0.09%
LILAK	F	-0.08%
USM	B	-0.08%
VMEO	B	-0.08%
SSTK	F	-0.07%
IDT	B	-0.07%
LGF.A	F	-0.07%
IAS	D	-0.07%
STGW	B	-0.06%
ZIP	D	-0.06%
TTGT	C	-0.06%
GCI	D	-0.06%
SHEN	F	-0.05%
SCHL	F	-0.05%
PUBM	D	-0.05%
EVER	F	-0.04%
THRY	F	-0.04%
IBTA	D	-0.04%
MCS	B	-0.04%
ATUS	C	-0.04%
CNSL	B	-0.03%
GTN	F	-0.03%
ATEX	F	-0.03%
CCO	D	-0.03%
BOC	D	-0.03%
LGF.A	F	-0.03%
MAX	F	-0.03%
ADV	F	-0.03%
FUBO	F	-0.03%
LILA	F	-0.02%
EB	C	-0.02%
AMCX	C	-0.02%
ANGI	F	-0.01%