FDCF vs. SKYY ETF Comparison

Comparison of Fidelity Disruptive Communications ETF (FDCF) to First Trust ISE Cloud Computing Index Fund (SKYY)

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

$38.56

Average Daily Volume

6,453

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SKYY

First Trust ISE Cloud Computing Index Fund

SKYY 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 ISE Cloud Computing(TM) Index. The index is owned and was developed by International Securities Exchange, LLC ("ISE" or the "Index Provider"). The index Provider has contracted with Standard & Poor's to calculate and maintain the index. The index is designed to provide a benchmark for investors interested in tracking companies actively involved in the cloud computing industry. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$122.95

Average Daily Volume

130,561

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDCF	SKYY
30 Days	3.02%	17.99%
60 Days	7.38%	20.29%
90 Days	9.05%	25.60%
12 Months	41.68%	53.29%

9 Overlapping Holdings

Symbol	Grade	Weight in FDCF	Weight in SKYY	Overlap
AMZN	C	5.62%	3.79%	3.79%
ANET	C	4.87%	3.49%	3.49%
DOCU	A	1.11%	0.72%	0.72%
GOOGL	C	5.47%	3.44%	3.44%
MSFT	F	1.37%	3.27%	1.37%
NET	B	1.01%	2.39%	1.01%
NOW	A	1.35%	1.95%	1.35%
TWLO	A	2.78%	2.48%	2.48%
ZM	B	1.39%	0.64%	0.64%

FDCF Overweight 26 Positions Relative to SKYY

Symbol	Grade	Weight
NVDA	C	5.66%
SE	B	4.91%
AMT	D	4.68%
TMUS	B	4.48%
TSM	B	4.34%
LBRDA	C	4.1%
META	D	3.08%
SNAP	C	3.02%
PDD	F	2.9%
PINS	D	2.53%
UBER	D	2.47%
AAPL	C	2.43%
CDNS	B	2.28%
CMCSA	B	2.2%
NFLX	A	2.08%
IOT	A	1.88%
SPOT	B	1.51%
BABA	D	1.41%
PI	D	1.3%
DY	D	1.09%
NXPI	D	1.09%
SNPS	B	1.04%
GOGO	C	1.02%
BMBL	C	0.98%
SATS	D	0.71%
ON	D	0.69%

FDCF Underweight 53 Positions Relative to SKYY

Symbol	Grade	Weight
APP	B	-4.9%
LUMN	C	-4.38%
ORCL	B	-4.24%
NTNX	A	-3.6%
IBM	C	-3.31%
PSTG	D	-3.11%
MDB	C	-2.67%
CSCO	B	-2.44%
TEAM	A	-2.42%
SHOP	B	-2.36%
HUBS	A	-2.23%
CFLT	B	-2.15%
CRM	B	-2.1%
GTLB	B	-2.06%
WK	B	-1.91%
DELL	C	-1.86%
AKAM	D	-1.85%
HPE	B	-1.76%
FIVN	C	-1.63%
NTAP	C	-1.56%
ADBE	C	-1.48%
RBRK	A	-1.46%
DOCN	D	-1.39%
RNG	B	-1.38%
WIX	B	-1.18%
SAP	B	-1.12%
APPN	B	-0.9%
TOST	B	-0.87%
PAYC	B	-0.74%
QTWO	A	-0.7%
PCTY	B	-0.68%
CRWD	B	-0.66%
BL	B	-0.65%
QLYS	C	-0.64%
TTD	B	-0.64%
ESTC	C	-0.62%
SMAR	A	-0.61%
ZUO	B	-0.6%
DDOG	A	-0.6%
SNOW	C	-0.6%
DBX	B	-0.59%
INTU	C	-0.59%
PANW	C	-0.58%
VEEV	C	-0.57%
ZS	C	-0.56%
BOX	B	-0.56%
WDAY	B	-0.55%
BLKB	B	-0.54%
APPF	B	-0.54%
ASAN	C	-0.54%
FSLY	D	-0.54%
SPT	C	-0.49%
OTEX	D	-0.48%