FDMO vs. ARKF ETF Comparison

Comparison of Fidelity Momentum Factor ETF (FDMO) to ARK Fintech Innovation ETF (ARKF)

FDMO

Fidelity Momentum Factor ETF

FDMO Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Momentum Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Momentum Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies that exhibit positive momentum signals.

Grade (RS Rating)

Last Trade

$66.49

Average Daily Volume

43,744

Number of Holdings ^*

122

* may have additional holdings in another (foreign) market

ARKF

ARK Fintech Innovation ETF

ARKF Description

ARKF is an actively managed Exchange Traded Fund (ETF) that seeks long-term growth of capital. It seeks to achieve this investment objective by investing under normal circumstances primarily (at least 80% of its assets) in domestic and foreign equity securities of companies that are engaged in the Fund’s investment theme of financial technology (“Fintech”) innovation. A company is deemed to be engaged in the theme of Fintech innovation if (i) it derives a significant portion of its revenue or market value from the theme of Fintech innovation, or (ii) it has stated its primary business to be in products and services focused on the theme of Fintech innovation. The Adviser defines “Fintech innovation” as the introduction of a technologically enabled new product or service that potentially changes the way the financial sector works, which ARK believes includes but is not limited to the following business platforms: Transaction Innovations; Blockchain Technology; Risk Transformation; Frictionless Funding Platforms; Customer Facing Platforms; New Intermediaries;

Grade (RS Rating)

Last Trade

$29.84

Average Daily Volume

324,495

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDMO	ARKF
30 Days	6.57%	9.71%
60 Days	13.20%	22.40%
90 Days	2.68%	5.89%
12 Months	44.97%	58.30%

6 Overlapping Holdings

Symbol	Grade	Weight in FDMO	Weight in ARKF	Overlap
AMZN	C	3.6%	0.49%	0.49%
COIN	F	0.39%	7.22%	0.39%
CRWD	D	1.5%	1.37%	1.37%
HOOD	B	0.49%	4.71%	0.49%
META	A	2.62%	2.86%	2.62%
NVDA	B	6.59%	1.41%	1.41%

FDMO Overweight 116 Positions Relative to ARKF

Symbol	Grade	Weight
MSFT	D	6.99%
GOOGL	B	3.59%
AVGO	B	2.64%
LLY	D	2.03%
APP	A	2.0%
BRK.A	B	2.0%
JPM	C	1.54%
ANET	A	1.45%
AMAT	C	1.43%
ABBV	C	1.34%
MU	D	1.32%
KLAC	B	1.31%
APH	D	1.29%
GDDY	B	1.26%
V	B	1.26%
HD	A	1.25%
DELL	C	1.23%
XOM	A	1.23%
MRK	F	1.22%
ISRG	C	1.04%
PG	D	1.0%
BSX	A	0.98%
COST	C	0.97%
AMGN	D	0.96%
WMT	A	0.92%
BAC	B	0.92%
ELV	F	0.86%
REGN	D	0.85%
NTRA	A	0.85%
NFLX	A	0.82%
WFC	B	0.78%
PGR	B	0.78%
CAT	A	0.78%
GE	B	0.77%
KO	C	0.76%
THC	D	0.76%
AXP	A	0.74%
BKNG	B	0.73%
UBER	C	0.72%
GS	B	0.71%
TJX	D	0.69%
RTX	A	0.69%
CB	A	0.68%
MCK	F	0.65%
C	B	0.64%
ETN	B	0.64%
KKR	A	0.62%
VZ	C	0.6%
CMG	C	0.6%
PM	D	0.59%
TT	A	0.58%
HLT	A	0.58%
LIN	C	0.56%
T	B	0.55%
CVNA	A	0.55%
ALL	A	0.55%
TDG	A	0.55%
VRT	B	0.53%
HIG	A	0.52%
WING	C	0.51%
CTAS	C	0.51%
GD	C	0.5%
WM	B	0.5%
DECK	B	0.49%
NEE	C	0.49%
WSM	C	0.48%
WAB	A	0.47%
JXN	A	0.46%
LDOS	A	0.45%
FIX	A	0.45%
EME	B	0.45%
RSG	D	0.44%
TMUS	A	0.44%
CSL	A	0.43%
ANF	D	0.42%
CL	D	0.39%
CEG	A	0.38%
OKE	A	0.35%
SO	A	0.34%
WMB	A	0.34%
DUK	C	0.33%
AMT	D	0.33%
MPC	D	0.32%
VST	A	0.32%
TRGP	A	0.31%
PSX	D	0.31%
SHW	C	0.3%
EQIX	C	0.29%
FCX	B	0.28%
WELL	C	0.28%
SFM	A	0.27%
FANG	D	0.26%
PEG	A	0.26%
FRPT	A	0.26%
ECL	C	0.25%
CASY	D	0.25%
PSA	C	0.25%
AEP	C	0.25%
SPG	A	0.24%
DLR	C	0.23%
NRG	A	0.23%
FTI	B	0.23%
EXR	D	0.21%
IRM	B	0.2%
AVB	C	0.19%
IFF	D	0.18%
WFRD	F	0.18%
PKG	B	0.17%
MLM	F	0.17%
ELF	F	0.16%
AVY	D	0.16%
LAMR	C	0.16%
STLD	C	0.16%
ESS	D	0.16%
CRS	B	0.15%
SLG	C	0.14%

FDMO Underweight 22 Positions Relative to ARKF

Symbol	Grade	Weight
SHOP	B	-9.39%
SQ	D	-5.96%
DKNG	C	-5.88%
TOST	B	-4.37%
ROKU	C	-3.87%
MELI	D	-3.76%
RBLX	D	-3.72%
PLTR	A	-3.59%
SOFI	C	-3.46%
PINS	D	-3.12%
PATH	D	-2.63%
NU	D	-2.14%
SE	B	-2.03%
GLBE	C	-1.99%
SPOT	C	-1.73%
INTU	F	-1.7%
PYPL	A	-1.66%
ICE	A	-1.25%
Z	C	-1.16%
BILL	D	-1.09%
RDDT	B	-1.02%
IBTA	C	-0.59%