FDFF vs. PVAL ETF Comparison

Comparison of Fidelity Disruptive Finance ETF (FDFF) to Putnam Focused Large Cap Value ETF (PVAL)
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

$32.79

Average Daily Volume

1,681

Number of Holdings *

8

* may have additional holdings in another (foreign) market
PVAL

Putnam Focused Large Cap Value ETF

PVAL Description The investment seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq U.S. Contrarian Value Index (the index). Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities in the Nasdaq US Large Mid Cap Index (the parent index) that appear to be undervalued by the market relative to their fundamental value.

Grade (RS Rating)

Last Trade

$37.40

Average Daily Volume

319,467

Number of Holdings *

44

* may have additional holdings in another (foreign) market
Performance
Period FDFF PVAL
30 Days 2.95% 1.50%
60 Days 3.93% 2.13%
90 Days 10.89% 3.57%
12 Months 27.64% 27.24%
2 Overlapping Holdings
Symbol Grade Weight in FDFF Weight in PVAL Overlap
APO C 4.51% 3.45% 3.45%
COF C 4.53% 2.63% 2.63%
FDFF Overweight 6 Positions Relative to PVAL
Symbol Grade Weight
BLK A 5.58%
V B 5.39%
MA B 5.27%
EFX C 4.37%
BWIN A 4.17%
FLYW F 4.1%
FDFF Underweight 42 Positions Relative to PVAL
Symbol Grade Weight
XOM D -3.96%
WMT B -3.59%
BAC D -3.51%
REGN C -3.13%
NXPI D -3.04%
GS D -2.95%
C D -2.82%
ORCL B -2.74%
KO B -2.71%
MCK F -2.68%
TMO C -2.67%
CI C -2.53%
PHM B -2.49%
HLT B -2.49%
COP D -2.42%
MSFT C -2.42%
SNY C -2.33%
PG C -2.33%
AIG D -2.3%
JCI B -2.28%
GLPI B -2.26%
FDX C -2.19%
IR C -2.18%
FCX D -2.17%
NRG C -2.07%
QCOM D -1.84%
BJ D -1.79%
GM B -1.74%
VLO D -1.64%
ORLY B -1.63%
SCHW D -1.61%
EXC B -1.46%
NOC B -1.4%
CEG C -1.38%
EMN B -1.35%
ABBV C -1.34%
TMUS C -1.32%
BALL C -1.3%
CTVA B -1.3%
LUV C -1.21%
CHTR D -1.1%
URI B -1.1%
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