FDCF vs. FDN ETF Comparison

Comparison of Fidelity Disruptive Communications ETF (FDCF) to First Trust DJ Internet Index Fund (FDN)

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

FDN

First Trust DJ Internet Index Fund

FDN 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 Dow Jones Internet Composite Index (SM) (the "index"). 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. It, using an "indexing" investment approach, attempts to replicate, before fees and expenses, the performance of the index. The index is designed to include only companies whose primary focus is Internet-related. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$232.88

Average Daily Volume

385,956

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDCF	FDN
30 Days	-0.24%	5.33%
60 Days	6.28%	10.60%
90 Days	7.69%	14.83%
12 Months	40.86%	39.42%

9 Overlapping Holdings

Symbol	Grade	Weight in FDCF	Weight in FDN	Overlap
AMZN	B	5.62%	9.59%	5.62%
ANET	C	4.87%	4.77%	4.77%
DOCU	B	1.11%	0.76%	0.76%
GOOGL	B	5.47%	5.52%	5.47%
META	C	3.08%	9.74%	3.08%
NET	B	1.01%	1.45%	1.01%
NFLX	A	2.08%	8.11%	2.08%
PINS	F	2.53%	0.99%	0.99%
ZM	B	1.39%	1.01%	1.01%

FDCF Overweight 26 Positions Relative to FDN

Symbol	Grade	Weight
NVDA	B	5.66%
SE	B	4.91%
AMT	D	4.68%
TMUS	A	4.48%
TSM	B	4.34%
LBRDA	C	4.1%
SNAP	D	3.02%
PDD	F	2.9%
TWLO	A	2.78%
UBER	F	2.47%
AAPL	C	2.43%
CDNS	B	2.28%
CMCSA	B	2.2%
IOT	B	1.88%
SPOT	A	1.51%
BABA	D	1.41%
MSFT	D	1.37%
NOW	B	1.35%
PI	D	1.3%
DY	C	1.09%
NXPI	F	1.09%
SNPS	C	1.04%
GOGO	C	1.02%
BMBL	C	0.98%
SATS	D	0.71%
ON	F	0.69%

FDCF Underweight 32 Positions Relative to FDN

Symbol	Grade	Weight
CRM	B	-7.11%
BKNG	A	-4.88%
GOOG	B	-4.56%
CSCO	B	-4.48%
PYPL	A	-4.06%
ABNB	C	-3.15%
DASH	A	-2.78%
WDAY	C	-2.64%
CPRT	A	-2.4%
SNOW	C	-2.1%
DDOG	B	-2.0%
TEAM	B	-1.83%
HUBS	B	-1.62%
VEEV	C	-1.6%
EBAY	D	-1.49%
RBLX	B	-1.39%
CVNA	A	-1.35%
GDDY	A	-1.22%
DKNG	B	-0.93%
NTNX	B	-0.85%
AKAM	F	-0.8%
VRSN	F	-0.75%
JNPR	D	-0.62%
OKTA	D	-0.6%
PAYC	B	-0.56%
CIEN	B	-0.5%
SMAR	A	-0.37%
CFLT	B	-0.35%
DBX	C	-0.32%
MARA	C	-0.28%
BOX	B	-0.24%
ZI	D	-0.16%