FDCF vs. OND ETF Comparison

Comparison of Fidelity Disruptive Communications ETF (FDCF) to ProShares On-Demand ETF (OND)

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

$38.44

Average Daily Volume

6,444

Number of Holdings ^*

* may have additional holdings in another (foreign) market

OND

ProShares On-Demand ETF

OND Description

ProShares On-Demand ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in the public equity markets across the globe. It invests in the stocks of companies that provide on-demand platforms and services to consumers such as console games software, fitness and exercise equipment, food delivery services, general entertainment content providers and sites, handheld and smart phone games software, home and office virtual reality software, media download and streaming digital content sites, mobile platform applications software, multi-type passenger transportation, online game websites and software, other games software, other media equipment manufacturing, video multimedia semiconductors, virtual reality design and engineering software and virtual reality equipment sectors. The fund invests in growth and value stocks of companies across diversified market capitalizations. It seeks to track the performance of the FactSet On-Demand Index, by using full replication technique. ProShares On-Demand ETF was formed on October 26, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$34.38

Average Daily Volume

393

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDCF	OND
30 Days	1.96%	4.29%
60 Days	8.19%	11.87%
90 Days	8.71%	17.69%
12 Months	41.24%	41.38%

5 Overlapping Holdings

Symbol	Grade	Weight in FDCF	Weight in OND	Overlap
NFLX	A	2.08%	5.0%	2.08%
NVDA	B	5.66%	4.4%	4.4%
SNAP	D	3.02%	2.56%	2.56%
SPOT	B	1.51%	5.58%	1.51%
UBER	F	2.47%	3.78%	2.47%

FDCF Overweight 30 Positions Relative to OND

Symbol	Grade	Weight
AMZN	C	5.62%
GOOGL	C	5.47%
SE	A	4.91%
ANET	C	4.87%
AMT	C	4.68%
TMUS	B	4.48%
TSM	B	4.34%
LBRDA	C	4.1%
META	D	3.08%
PDD	F	2.9%
TWLO	A	2.78%
PINS	F	2.53%
AAPL	C	2.43%
CDNS	B	2.28%
CMCSA	B	2.2%
IOT	A	1.88%
BABA	D	1.41%
ZM	C	1.39%
MSFT	D	1.37%
NOW	A	1.35%
PI	D	1.3%
DOCU	B	1.11%
DY	D	1.09%
NXPI	D	1.09%
SNPS	B	1.04%
GOGO	C	1.02%
NET	B	1.01%
BMBL	C	0.98%
SATS	D	0.71%
ON	D	0.69%

FDCF Underweight 9 Positions Relative to OND

Symbol	Grade	Weight
DASH	B	-5.79%
RBLX	C	-5.41%
GRAB	A	-5.13%
EA	A	-4.53%
TTWO	A	-4.21%
LYFT	C	-4.19%
BILI	D	-3.73%
AMD	F	-3.15%
AMBA	B	-1.57%