FDFF vs. LMBO ETF Comparison

Comparison of Fidelity Disruptive Finance ETF (FDFF) to Direxion Daily Crypto Industry Bull 2X Shares (LMBO)

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

$37.70

Average Daily Volume

2,380

Number of Holdings ^*

* may have additional holdings in another (foreign) market

LMBO

Direxion Daily Crypto Industry Bull 2X Shares

LMBO Description

The index seeks to track the performance of US-listed securities that have business operations in the field of distributed ledger or decentralized payment technology. The fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in financial instruments, such as swap agreements, securities of the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.24

Average Daily Volume

5,292

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDFF	LMBO
30 Days	9.01%	18.91%
60 Days	14.00%	44.55%
90 Days	16.82%	36.29%
12 Months	43.70%

6 Overlapping Holdings

Symbol	Grade	Weight in FDFF	Weight in LMBO	Overlap
COIN	C	2.0%	4.04%	2.0%
FOUR	A	0.89%	3.08%	0.89%
MA	B	5.06%	4.98%	4.98%
NU	C	1.09%	5.28%	1.09%
SQ	A	2.07%	3.34%	2.07%
V	A	5.36%	5.22%	5.22%

FDFF Overweight 27 Positions Relative to LMBO

Symbol	Grade	Weight
BLK	B	5.78%
APO	B	5.71%
COF	C	5.03%
FLYW	B	4.39%
MSTR	B	3.84%
EFX	F	3.33%
ICE	C	2.9%
TOST	B	2.83%
OWL	A	2.06%
DLO	C	2.0%
FI	A	1.83%
TW	A	1.48%
CBOE	C	1.47%
NRDS	C	1.38%
ARES	A	1.34%
MKTX	D	1.16%
CASH	B	1.15%
VRSK	A	1.1%
MSCI	C	1.06%
BILL	A	1.03%
VIRT	A	0.99%
PFSI	C	0.96%
AMH	C	0.9%
ALLY	C	0.85%
MELI	C	0.81%
RPAY	D	0.68%
UWMC	D	0.59%

FDFF Underweight 15 Positions Relative to LMBO

Symbol	Grade	Weight
PYPL	B	-5.29%
NVDA	B	-5.27%
AMD	F	-4.37%
HOOD	B	-3.61%
IBKR	A	-3.51%
MARA	B	-3.41%
DKNG	B	-3.23%
GLOB	B	-3.12%
RIOT	C	-2.39%
CLSK	C	-2.35%
WULF	C	-1.76%
CIFR	C	-1.4%
IREN	C	-1.3%
PAGS	F	-1.09%
BTBT	C	-0.43%