FDFF vs. LGRO ETF Comparison

Comparison of Fidelity Disruptive Finance ETF (FDFF) to Level Four Large Cap Growth Active ETF (LGRO)

FDFF

Fidelity Disruptive Finance ETF

FDFF Description

The fund normally invests at least 80% of assets in securities of disruptive finance 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

$31.62

Average Daily Volume

1,713

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LGRO

Level Four Large Cap Growth Active ETF

LGRO Description

The fund invests primarily in equity securities of carefully selected, high-quality U.S. companies. The fund invests primarily in the domestic equity securities of companies selected by Level Four Capital Management, LLC for their growth potential within various market sectors.

Grade (RS Rating)

Last Trade

$30.24

Average Daily Volume

4,319

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDFF	LGRO
30 Days	6.36%	4.07%
60 Days	5.60%	-4.65%
90 Days	6.00%	-0.31%
12 Months	21.77%	18.53%

1 Overlapping Holdings

	Symbol	Grade	Weight in FDFF	Weight in LGRO	Overlap
	BLK	B	5.58%	3.22%	3.22%

FDFF Overweight 7 Positions Relative to LGRO

Symbol	Grade	Weight
V	A	5.39%
MA	B	5.27%
COF	C	4.53%
APO	D	4.51%
EFX	B	4.37%
BWIN	B	4.17%
FLYW	D	4.1%

FDFF Underweight 9 Positions Relative to LGRO

Symbol	Grade	Weight
AAPL	C	-8.55%
AMZN	D	-5.52%
MSFT	D	-5.51%
GOOGL	D	-4.69%
NVDA	D	-3.75%
META	C	-3.02%
BKNG	C	-2.95%
PYPL	B	-2.81%
LRCX	F	-2.79%

FDFF: Top Represented Industries & Keywords

Industries: Credit Services Asset Management Business Services Information Technology Services Insurance Brokers