FDFF vs. TOLL ETF Comparison

Comparison of Fidelity Disruptive Finance ETF (FDFF) to Tema Monopolies and Oligopolies ETF (TOLL)
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

$38.02

Average Daily Volume

2,324

Number of Holdings *

33

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

Tema Monopolies and Oligopolies ETF

TOLL Description Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in domestic and foreign, common and preferred stocks of publicly listed companies where the Herfindahl"Hirschman (HHI) index of the market of operation representing more than 50% of the company"s revenue is above 2,500. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$32.64

Average Daily Volume

1,628

Number of Holdings *

28

* may have additional holdings in another (foreign) market
Performance
Period FDFF TOLL
30 Days 7.85% -2.56%
60 Days 13.79% -3.28%
90 Days 18.77% -1.19%
12 Months 43.70% 21.83%
4 Overlapping Holdings
Symbol Grade Weight in FDFF Weight in TOLL Overlap
EFX F 3.33% 2.79% 2.79%
ICE D 2.9% 5.5% 2.9%
MSCI C 1.06% 3.4% 1.06%
V A 5.36% 5.4% 5.36%
FDFF Overweight 29 Positions Relative to TOLL
Symbol Grade Weight
BLK B 5.78%
APO B 5.71%
MA B 5.06%
COF B 5.03%
FLYW B 4.39%
MSTR B 3.84%
TOST A 2.83%
SQ A 2.07%
OWL A 2.06%
DLO C 2.0%
COIN B 2.0%
FI A 1.83%
TW A 1.48%
CBOE C 1.47%
NRDS D 1.38%
ARES A 1.34%
MKTX D 1.16%
CASH B 1.15%
VRSK A 1.1%
NU C 1.09%
BILL A 1.03%
VIRT A 0.99%
PFSI D 0.96%
AMH C 0.9%
FOUR A 0.89%
ALLY C 0.85%
MELI C 0.81%
RPAY D 0.68%
UWMC D 0.59%
FDFF Underweight 24 Positions Relative to TOLL
Symbol Grade Weight
GE D -6.07%
MCO B -5.89%
FICO A -5.6%
SPGI D -4.6%
SHW C -4.25%
INTU B -3.61%
CPRT B -3.29%
VMC B -3.28%
CME A -2.78%
AON B -2.75%
TER F -2.7%
TYL B -2.69%
KLAC F -2.58%
WAT B -2.38%
TMO D -2.22%
LOW C -2.1%
LRCX F -2.09%
CNI F -1.91%
TECH F -1.9%
ADI D -1.89%
DE C -1.5%
IDXX F -1.5%
GILD B -1.09%
BDX F -1.0%
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