FDFF vs. SMCF ETF Comparison

Comparison of Fidelity Disruptive Finance ETF (FDFF) to Themes US Small Cap Cash Flow Champions ETF (SMCF)

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

SMCF

Themes US Small Cap Cash Flow Champions ETF

SMCF Description

The index is a free-float adjusted, market capitalization weighted index that is designed to provide exposure to small capitalization U.S. companies that have a high cash flow yield. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.21

Average Daily Volume

372

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDFF	SMCF
30 Days	11.95%	11.02%
60 Days	15.45%	10.14%
90 Days	18.88%	11.29%
12 Months	46.23%

1 Overlapping Holdings

	Symbol	Grade	Weight in FDFF	Weight in SMCF	Overlap
	VIRT	B	0.99%	0.76%	0.76%

FDFF Overweight 32 Positions Relative to SMCF

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%
MKTX	D	1.16%
CASH	A	1.15%
VRSK	A	1.1%
NU	C	1.09%
MSCI	C	1.06%
BILL	A	1.03%
PFSI	D	0.96%
AMH	D	0.9%
FOUR	B	0.89%
ALLY	C	0.85%
MELI	D	0.81%
RPAY	D	0.68%
UWMC	D	0.59%

FDFF Underweight 72 Positions Relative to SMCF

Symbol	Grade	Weight
MRO	B	-4.5%
BLDR	D	-4.39%
TOL	B	-4.16%
CF	B	-4.07%
WSM	B	-4.0%
RGA	A	-3.93%
FLEX	A	-3.9%
EWBC	A	-3.78%
FHN	A	-2.84%
EVR	B	-2.79%
AR	B	-2.77%
MLI	C	-2.66%
ORI	A	-2.45%
APA	D	-2.12%
UFPI	B	-2.07%
JXN	C	-1.82%
DINO	D	-1.77%
PR	B	-1.77%
MTDR	B	-1.75%
MTG	C	-1.72%
AXS	A	-1.71%
THG	A	-1.53%
STRL	B	-1.44%
MATX	C	-1.42%
BCC	B	-1.42%
OZK	B	-1.34%
SM	B	-1.34%
ABCB	B	-1.2%
AX	A	-1.09%
IBOC	A	-1.02%
BGC	C	-1.0%
CEIX	A	-0.94%
CALM	A	-0.94%
WD	D	-0.92%
HCC	B	-0.92%
WSFS	A	-0.92%
FBP	B	-0.9%
DDS	B	-0.88%
BTU	B	-0.86%
PBF	D	-0.83%
NMIH	D	-0.79%
ARCH	B	-0.78%
APAM	B	-0.78%
EBC	B	-0.76%
BFH	B	-0.72%
HESM	B	-0.71%
HTLF	B	-0.7%
ENVA	B	-0.69%
TBBK	B	-0.68%
AMR	C	-0.67%
VSTO	A	-0.61%
YOU	D	-0.58%
MGNI	A	-0.55%
TRMK	B	-0.55%
MCY	A	-0.54%
CVI	F	-0.52%
EQC	B	-0.51%
VRTS	B	-0.49%
DVAX	C	-0.46%
STBA	B	-0.42%
LOB	B	-0.42%
PRDO	B	-0.41%
HOPE	B	-0.4%
TCBK	B	-0.39%
TX	F	-0.39%
SPNT	A	-0.37%
CNA	B	-0.27%
MUR	D	-0.26%
FLNG	B	-0.22%
IRWD	F	-0.15%
CIVI	D	-0.14%
STNG	F	-0.01%