FDCF vs. LSEQ ETF Comparison

Comparison of Fidelity Disruptive Communications ETF (FDCF) to Harbor Long-Short Equity ETF (LSEQ)

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

$38.34

Average Daily Volume

6,310

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LSEQ

Harbor Long-Short Equity ETF

LSEQ Description

Under normal market circumstances, the fund invests at least 80% of its net assets, plus borrowings for investment purposes, in long and short positions in equity securities. The fund advisor seeks to achieve the fund's investment objective by establishing long and/or short positions in equity securities.

Grade (RS Rating)

Last Trade

$29.03

Average Daily Volume

974

Number of Holdings ^*

154

* may have additional holdings in another (foreign) market

Performance

Period	FDCF	LSEQ
30 Days	1.14%	3.94%
60 Days	7.92%	5.97%
90 Days	8.81%	6.81%
12 Months	40.92%

13 Overlapping Holdings

Symbol	Grade	Weight in FDCF	Weight in LSEQ	Overlap
AAPL	C	2.43%	0.66%	0.66%
AMZN	B	5.62%	-2.06%	-2.06%
ANET	C	4.87%	1.5%	1.5%
DOCU	B	1.11%	1.39%	1.11%
META	C	3.08%	1.01%	1.01%
MSFT	D	1.37%	-1.91%	-1.91%
NFLX	A	2.08%	0.81%	0.81%
NOW	B	1.35%	0.9%	0.9%
SNPS	C	1.04%	-1.94%	-1.94%
SPOT	B	1.51%	1.28%	1.28%
TMUS	B	4.48%	1.5%	1.5%
UBER	F	2.47%	0.85%	0.85%
ZM	B	1.39%	0.74%	0.74%

FDCF Overweight 22 Positions Relative to LSEQ

Symbol	Grade	Weight
NVDA	A	5.66%
GOOGL	B	5.47%
SE	A	4.91%
AMT	D	4.68%
TSM	B	4.34%
LBRDA	C	4.1%
SNAP	D	3.02%
PDD	D	2.9%
TWLO	A	2.78%
PINS	F	2.53%
CDNS	B	2.28%
CMCSA	B	2.2%
IOT	A	1.88%
BABA	D	1.41%
PI	D	1.3%
DY	C	1.09%
NXPI	F	1.09%
GOGO	C	1.02%
NET	B	1.01%
BMBL	C	0.98%
SATS	C	0.71%
ON	F	0.69%

FDCF Underweight 141 Positions Relative to LSEQ

Symbol	Grade	Weight
APP	A	-3.65%
PLTR	A	-2.6%
CVNA	A	-2.31%
AAL	B	-2.16%
DOCS	C	-2.08%
CASY	A	-1.98%
HPE	B	-1.94%
USFD	A	-1.89%
CCL	A	-1.88%
VSCO	A	-1.87%
WMT	A	-1.86%
KSS	F	-1.85%
COST	A	-1.85%
RGLD	C	-1.78%
OGN	F	-1.65%
CPNG	D	-1.64%
EXEL	B	-1.57%
BSX	A	-1.55%
PLTK	B	-1.54%
AXTA	B	-1.53%
DECK	A	-1.46%
BKNG	A	-1.39%
R	B	-1.38%
PFE	F	-1.36%
LLY	F	-1.24%
ZBRA	B	-1.23%
MTCH	F	-1.22%
PRGO	C	-1.19%
GDDY	A	-1.17%
RCL	A	-1.17%
MUSA	B	-1.15%
JWN	C	-1.14%
LIN	D	-1.14%
THC	C	-1.14%
MSI	B	-1.13%
KEX	B	-1.13%
KMI	A	-1.07%
PKG	B	-1.03%
WSM	D	-1.02%
RPM	B	-1.0%
FTI	A	-1.0%
NTAP	C	-0.98%
EHC	B	-0.96%
PEGA	B	-0.95%
T	A	-0.95%
TXRH	B	-0.92%
MANH	D	-0.92%
TJX	A	-0.91%
TRGP	A	-0.91%
FICO	B	-0.91%
ECL	D	-0.9%
COR	B	-0.89%
AM	A	-0.89%
DASH	A	-0.88%
HLT	A	-0.86%
DTM	A	-0.84%
IT	C	-0.84%
WMB	A	-0.83%
OKE	A	-0.83%
GWRE	A	-0.83%
COHR	B	-0.82%
FTNT	B	-0.8%
FFIV	B	-0.8%
GLW	B	-0.8%
EXP	B	-0.8%
TYL	B	-0.8%
UTHR	C	-0.77%
DUOL	A	-0.77%
AMCR	D	-0.77%
ISRG	A	-0.77%
HCA	F	-0.76%
NTNX	B	-0.76%
ATR	B	-0.76%
INCY	C	-0.76%
LPX	B	-0.76%
VST	A	-0.74%
ROST	D	-0.74%
UAL	A	-0.74%
CAH	B	-0.72%
PFGC	B	-0.72%
GMED	A	-0.72%
ITCI	B	-0.72%
LOW	C	-0.72%
TTD	B	-0.71%
ILMN	C	-0.71%
EBAY	D	-0.7%
RBLX	B	-0.7%
TKO	A	-0.7%
SHW	C	-0.7%
PANW	B	-0.7%
RMD	C	-0.68%
JAZZ	C	-0.68%
SO	C	-0.68%
DELL	B	-0.66%
BURL	A	-0.66%
NTRA	A	-0.66%
HRB	D	-0.65%
BMY	A	-0.65%
SYK	A	-0.64%
NI	A	-0.64%
NRG	B	-0.64%
ABBV	F	-0.63%
AMGN	D	-0.62%
OMC	C	-0.62%
SMAR	A	-0.61%
ALNY	D	-0.61%
IFF	D	-0.58%
CEG	C	-0.56%
SMG	C	-0.56%
BFAM	F	-0.55%
IDXX	F	--1.46%
WDAY	C	--1.48%
SLB	C	--1.49%
SNOW	C	--1.53%
SMCI	F	--1.53%
CIVI	D	--1.57%
AAP	D	--1.57%
CHRD	F	--1.6%
ALB	B	--1.61%
CABO	C	--1.65%
APA	F	--1.71%
ACHC	F	--1.74%
DXCM	C	--1.75%
DLTR	F	--1.75%
DG	F	--1.76%
LITE	B	--1.85%
FANG	D	--1.9%
GO	C	--1.95%
MTN	C	--1.96%
CAR	C	--1.99%
WFRD	F	--2.06%
DV	C	--2.08%
MEDP	D	--2.11%
WING	D	--2.14%
FIVN	C	--2.23%
MCK	A	--2.23%
U	F	--2.25%
WBA	F	--2.34%
TXG	F	--2.36%
OVV	C	--2.45%
NFE	F	--2.54%