FDCF vs. SOXS ETF Comparison

Comparison of Fidelity Disruptive Communications ETF (FDCF) to Direxion Daily Semiconductor Bear 3x Shares (SOXS)

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

$35.59

Average Daily Volume

5,296

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SOXS

Direxion Daily Semiconductor Bear 3x Shares

SOXS Description

The investment seeks daily investment results, before fees and expenses, of 300% of the inverse of the performance of the PHLX Semiconductor Sector Index. The fund creates short positions by investing at least 80% of its assets in: futures contracts; options on securities, indices and futures contracts; equity caps, floors and collars; swap agreements; forward contracts; short positions; reverse repurchase agreements; ETFs; and other financial instruments that, in combination, provide leveraged and unleveraged exposure to the index. The index measures the performance of the semiconductor subsector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$21.74

Average Daily Volume

64,296,074

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDCF	SOXS
30 Days	1.33%	-1.67%
60 Days	2.94%	-11.98%
90 Days	0.95%	-0.63%
12 Months	42.28%	-80.57%

2 Overlapping Holdings

	Symbol	Grade	Weight in FDCF	Weight in SOXS	Overlap
	NVDA	D	6.08%	8.24%	6.08%
	TSM	C	3.94%	3.95%	3.94%

FDCF Overweight 8 Positions Relative to SOXS

Symbol	Grade	Weight
META	B	6.53%
AMT	C	6.01%
ANET	B	5.82%
GOOGL	D	5.59%
AMZN	C	5.24%
SE	B	4.89%
TMUS	C	4.13%
LBRDA	F	3.26%

FDCF Underweight 24 Positions Relative to SOXS

Symbol	Grade	Weight
QCOM	D	-8.23%
TXN	C	-7.85%
INTC	F	-7.36%
AVGO	C	-7.0%
AMD	D	-4.66%
MU	F	-4.35%
NXPI	F	-4.15%
LRCX	F	-4.14%
AMAT	D	-3.89%
KLAC	D	-3.8%
ADI	C	-3.79%
MCHP	F	-3.53%
ASML	F	-3.0%
SWKS	D	-2.85%
MRVL	C	-2.56%
QRVO	F	-1.8%
TER	D	-1.59%
ON	D	-1.38%
MPWR	C	-1.06%
ENTG	F	-1.02%
MKSI	F	-0.84%
SLAB	D	-0.7%
CRUS	D	-0.66%
SMTC	C	-0.49%