FDFF vs. NIXT ETF Comparison

Comparison of Fidelity Disruptive Finance ETF (FDFF) to Research Affiliates Deletions ETF (NIXT)

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

$38.36

Average Daily Volume

2,413

Number of Holdings ^*

* may have additional holdings in another (foreign) market

NIXT

Research Affiliates Deletions ETF

NIXT Description

The index consists of U.S. equity securities of micro-, small- and mid- capitalization companies that are believed to be value stocks. Under normal circumstances, at least 80% of the fund"s total assets (exclusive of collateral held from securities lending) will be invested in U.S. equity securities of micro-, small- and mid- companies.

Grade (RS Rating)

Last Trade

$27.29

Average Daily Volume

41,419

Number of Holdings ^*

137

* may have additional holdings in another (foreign) market

Performance

Period	FDFF	NIXT
30 Days	11.95%	5.30%
60 Days	15.45%	4.25%
90 Days	18.88%
12 Months	46.23%

2 Overlapping Holdings

	Symbol	Grade	Weight in FDFF	Weight in NIXT	Overlap
	ALLY	C	0.85%	0.72%	0.72%
	MKTX	D	1.16%	0.81%	0.81%

FDFF Overweight 31 Positions Relative to NIXT

Symbol	Grade	Weight
BLK	C	5.78%
APO	B	5.71%
V	A	5.36%
MA	C	5.06%
COF	B	5.03%
FLYW	C	4.39%
MSTR	C	3.84%
EFX	F	3.33%
ICE	C	2.9%
TOST	B	2.83%
SQ	B	2.07%
OWL	A	2.06%
DLO	C	2.0%
COIN	C	2.0%
FI	A	1.83%
TW	A	1.48%
CBOE	B	1.47%
NRDS	C	1.38%
ARES	A	1.34%
CASH	A	1.15%
VRSK	A	1.1%
NU	C	1.09%
MSCI	C	1.06%
BILL	A	1.03%
VIRT	B	0.99%
PFSI	D	0.96%
AMH	D	0.9%
FOUR	B	0.89%
MELI	D	0.81%
RPAY	D	0.68%
UWMC	D	0.59%

FDFF Underweight 135 Positions Relative to NIXT

Symbol	Grade	Weight
LUMN	C	-4.02%
TDS	B	-1.29%
AFRM	B	-1.25%
LITE	B	-1.19%
HBI	B	-1.18%
FTDR	A	-1.15%
LBRDK	C	-1.13%
BFH	B	-1.13%
SIRI	C	-1.08%
ACIW	B	-1.02%
VNO	B	-1.0%
DNLI	D	-1.0%
SLG	B	-1.0%
CHRW	C	-0.99%
OMCL	C	-0.98%
SNDR	B	-0.96%
BKU	A	-0.96%
VFC	C	-0.95%
GEN	B	-0.93%
MAC	B	-0.89%
DEI	B	-0.87%
UAA	C	-0.86%
CMA	A	-0.85%
BXP	D	-0.82%
SMTC	B	-0.82%
NRG	B	-0.82%
AMBA	B	-0.81%
FHB	A	-0.81%
PNM	F	-0.81%
SABR	C	-0.8%
LOPE	B	-0.8%
EQH	B	-0.8%
PNW	B	-0.8%
CCOI	B	-0.8%
REG	B	-0.79%
LNC	B	-0.79%
FNF	B	-0.78%
MSGS	A	-0.77%
RL	B	-0.77%
HIW	D	-0.77%
TNL	A	-0.76%
SHC	F	-0.75%
OUT	A	-0.75%
UHS	D	-0.75%
OGS	A	-0.75%
PAYC	B	-0.75%
ELS	C	-0.75%
MASI	A	-0.75%
BIO	D	-0.74%
JWN	C	-0.74%
TFSL	A	-0.74%
RNG	B	-0.74%
KMX	B	-0.73%
VYX	B	-0.73%
DBX	B	-0.73%
RIVN	F	-0.72%
MP	B	-0.72%
CRUS	D	-0.72%
ZD	C	-0.7%
SAM	C	-0.7%
CNA	B	-0.7%
NWL	B	-0.7%
FRT	B	-0.69%
EPR	D	-0.69%
DXC	B	-0.69%
EMN	D	-0.69%
HE	C	-0.68%
EQC	B	-0.68%
FL	F	-0.68%
AVT	C	-0.68%
ALE	A	-0.68%
CTLT	B	-0.67%
JBLU	F	-0.67%
PINC	B	-0.67%
NVST	B	-0.66%
APLE	B	-0.66%
YETI	C	-0.66%
JKHY	D	-0.65%
JBGS	D	-0.65%
CAR	C	-0.64%
SPR	D	-0.63%
HAS	D	-0.63%
IAC	D	-0.63%
GAP	C	-0.63%
HLF	C	-0.62%
MTCH	D	-0.62%
FMC	D	-0.61%
CABO	C	-0.61%
NEU	C	-0.61%
AMED	F	-0.61%
NOMD	D	-0.6%
PARA	C	-0.59%
ASAN	C	-0.59%
RAMP	C	-0.58%
NGVT	B	-0.58%
HAE	C	-0.58%
HST	C	-0.58%
VAC	B	-0.58%
TFX	F	-0.57%
SGRY	F	-0.57%
NOV	C	-0.56%
PK	B	-0.56%
HP	B	-0.54%
AZTA	D	-0.54%
ARWR	F	-0.53%
PLUG	F	-0.53%
HTZ	C	-0.51%
ENOV	C	-0.51%
CBRL	C	-0.51%
MOS	F	-0.51%
IART	C	-0.5%
VIR	D	-0.5%
LCID	F	-0.5%
BMBL	C	-0.49%
HELE	C	-0.46%
ETSY	D	-0.46%
CRI	D	-0.46%
AEO	F	-0.45%
MQ	F	-0.44%
NSP	D	-0.44%
BBWI	D	-0.43%
ACLS	F	-0.43%
KSS	F	-0.43%
ZI	D	-0.42%
XRX	F	-0.4%
NTLA	F	-0.39%
CVI	F	-0.39%
XRAY	F	-0.39%
LEG	F	-0.39%
MRVI	F	-0.37%
QRVO	F	-0.35%
TRIP	F	-0.32%
SVC	F	-0.27%
SAGE	F	-0.22%
AGL	F	-0.19%