FDFF vs. PRN ETF Comparison

Comparison of Fidelity Disruptive Finance ETF (FDFF) to PowerShares Dynamic Industrials (PRN)

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

$29.97

Average Daily Volume

2,144

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PRN

PowerShares Dynamic Industrials

PRN Description

The PowerShares Dynamic Industrials Sector Portfolio (Fund) is based on the Dynamic Industrials Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$133.74

Average Daily Volume

9,397

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDFF	PRN
30 Days	-0.18%	-1.97%
60 Days	-0.16%	-2.34%
90 Days	-4.23%	-4.44%
12 Months	20.78%	30.20%

0 Overlapping Holdings

	Symbol	Grade	Weight in FDFF	Weight in PRN	Overlap

FDFF Overweight 7 Positions Relative to PRN

Symbol	Grade	Weight
V	C	6.06%
MA	C	5.56%
BLK	B	5.42%
BWIN	A	5.09%
COF	D	4.84%
EFX	B	4.58%
FLYW	F	3.75%

FDFF Underweight 40 Positions Relative to PRN

Symbol	Grade	Weight
HEI	B	-4.35%
CTAS	A	-4.31%
VRT	C	-3.71%
FIX	D	-3.67%
TT	B	-3.6%
CPRT	C	-3.5%
PWR	D	-3.48%
HUBB	C	-3.35%
AME	D	-3.21%
GWW	C	-2.84%
STRL	D	-2.76%
HWM	C	-2.73%
TDG	D	-2.72%
SAIA	C	-2.67%
CSL	C	-2.66%
URI	D	-2.6%
AMSC	B	-2.6%
PKG	C	-2.56%
DY	B	-2.43%
ETN	C	-2.38%
BLDR	F	-2.34%
GGG	D	-2.22%
WIRE	A	-2.2%
AXON	C	-2.09%
XPO	C	-2.06%
CSWI	A	-2.03%
IESC	C	-1.92%
HRI	F	-1.8%
CBZ	D	-1.79%
APG	C	-1.78%
BCC	F	-1.73%
GFF	D	-1.69%
MYRG	F	-1.64%
UFPI	D	-1.64%
AIT	C	-1.62%
GMS	D	-1.54%
ARCB	D	-1.54%
RUSHA	F	-1.44%
CMPR	B	-1.37%
HEES	F	-1.01%

FDFF: Top Represented Industries & Keywords

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