FDWM vs. MADE ETF Comparison

Comparison of Fidelity Women's Leadership ETF (FDWM) to iShares U.S. Manufacturing ETF (MADE)

FDWM

Fidelity Women's Leadership ETF

FDWM Description

The investment seeks long-term growth of capital. The Advisor normally invests at least 80% of assets in equity securities of companies that prioritize and advance women's leadership and development. The Adviser may invest the fund's assets in securities of foreign issuers in addition to securities of domestic issuers. The fund may invest a significant percentage of its assets in relatively few companies and may invest up to 25% in a single company. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.20

Average Daily Volume

460

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

MADE

iShares U.S. Manufacturing ETF

MADE Description

The underlying index is designed to measure the performance of equity securities of U.S.-domiciled companies that are involved in manufacturing and manufacturing-related industries and that generate a certain amount of revenues in the U.S., among other eligibility criteria, as determined by SPDJI. The fund generally will invest at least 80% of its assets in the component securities of its underlying index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$24.86

Average Daily Volume

1,245

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDWM	MADE
30 Days	4.17%	4.96%
60 Days	10.98%	11.83%
90 Days	3.94%
12 Months	31.74%

11 Overlapping Holdings

Symbol	Grade	Weight in FDWM	Weight in MADE	Overlap
DE	C	0.85%	4.0%	0.85%
ETN	B	0.56%	4.24%	0.56%
FSLR	C	0.88%	2.33%	0.88%
FSS	D	0.82%	0.48%	0.48%
GM	D	0.72%	3.88%	0.72%
LDOS	A	0.86%	0.37%	0.37%
NVT	C	0.95%	1.02%	0.95%
PH	A	0.8%	2.97%	0.8%
RRX	B	0.7%	0.96%	0.7%
SAIC	A	0.66%	0.13%	0.13%
SEDG	F	0.27%	0.08%	0.08%

FDWM Overweight 90 Positions Relative to MADE

Symbol	Grade	Weight
AMZN	C	4.37%
AAPL	C	4.14%
MSFT	D	3.68%
NVDA	B	3.24%
GOOG	B	2.8%
ACN	B	1.96%
DIS	D	1.95%
HOLX	D	1.82%
CI	D	1.76%
CRM	B	1.59%
JPM	C	1.57%
PGR	B	1.51%
ADBE	F	1.46%
ANET	A	1.32%
HIG	A	1.31%
NXPI	F	1.26%
CDW	D	1.23%
CNC	F	1.19%
BAC	B	1.17%
HUBS	D	1.17%
NEE	C	1.16%
BKR	B	1.15%
AMD	C	1.08%
MA	A	1.06%
C	B	1.05%
MRVL	C	1.04%
VTR	C	1.02%
MMC	D	0.97%
ELV	F	0.97%
PODD	C	0.95%
MU	D	0.95%
INTU	F	0.92%
TMHC	C	0.91%
NDAQ	C	0.91%
ALNY	C	0.9%
WEX	C	0.89%
FDX	F	0.88%
SWX	C	0.87%
LOW	C	0.85%
NSIT	B	0.82%
FIS	A	0.78%
ETSY	F	0.77%
UPS	D	0.76%
HLT	A	0.75%
ZTS	C	0.74%
ICLR	F	0.72%
CBT	B	0.72%
GEV	A	0.7%
MRK	F	0.7%
AR	C	0.69%
CLX	C	0.69%
HBAN	B	0.68%
OTIS	A	0.67%
OXY	D	0.67%
BALL	C	0.67%
VRTX	D	0.65%
GSK	F	0.65%
RUN	D	0.64%
OLED	B	0.63%
SUM	F	0.63%
WSM	C	0.62%
NFLX	A	0.61%
CE	D	0.61%
SBUX	B	0.61%
AMN	F	0.59%
EMN	C	0.59%
EL	D	0.58%
USB	C	0.57%
BBY	C	0.57%
ATI	C	0.54%
MRNA	F	0.53%
WRBY	B	0.53%
HSY	D	0.53%
BG	F	0.53%
MAN	D	0.51%
EQT	C	0.51%
MTN	D	0.47%
ELF	F	0.45%
TPR	B	0.45%
ULTA	D	0.44%
VLTO	A	0.42%
EXAS	C	0.42%
ARCB	F	0.41%
PINS	D	0.4%
PDFS	F	0.34%
GAP	F	0.27%
RDUS	D	0.25%
ZLAB	C	0.25%
NKE	D	0.24%
SAGE	F	0.13%

FDWM Underweight 87 Positions Relative to MADE

Symbol	Grade	Weight
APH	D	-4.01%
PCAR	D	-3.92%
HON	C	-3.81%
CMI	A	-3.79%
F	D	-3.55%
AME	C	-3.4%
TT	A	-3.18%
RTX	A	-2.79%
ROK	D	-2.6%
CARR	A	-2.44%
FTV	C	-2.33%
DOV	C	-2.26%
LMT	A	-2.13%
HUBB	A	-1.96%
JCI	C	-1.85%
TDY	A	-1.75%
BA	F	-1.55%
SWK	C	-1.41%
TDG	A	-1.38%
GD	C	-1.34%
ENPH	F	-1.31%
SNA	C	-1.3%
NOC	B	-1.26%
COHR	B	-1.21%
LECO	D	-0.91%
GNRC	B	-0.78%
TTC	F	-0.74%
LHX	A	-0.74%
HWM	A	-0.72%
ALSN	A	-0.71%
FN	B	-0.71%
AYI	A	-0.71%
LII	C	-0.71%
RIVN	F	-0.68%
MKSI	F	-0.65%
MIDD	D	-0.64%
PNR	C	-0.6%
MSA	F	-0.6%
IEX	D	-0.59%
LFUS	C	-0.56%
OSK	F	-0.54%
GGG	C	-0.53%
AXON	A	-0.51%
THO	C	-0.49%
BC	C	-0.48%
VNT	F	-0.41%
BDC	A	-0.4%
ITRI	C	-0.39%
HOG	D	-0.39%
AOS	C	-0.36%
ENS	B	-0.35%
AEIS	B	-0.31%
CR	A	-0.3%
LCII	C	-0.28%
AAON	A	-0.28%
TXT	F	-0.27%
LCID	F	-0.27%
ESE	C	-0.27%
ATKR	F	-0.27%
SPXC	A	-0.26%
TRN	C	-0.24%
JBT	B	-0.24%
CSWI	A	-0.23%
BMI	A	-0.23%
CXT	F	-0.23%
AIN	F	-0.23%
CW	A	-0.23%
WTS	C	-0.22%
HEI	C	-0.2%
HII	F	-0.18%
GT	F	-0.18%
ZWS	A	-0.18%
GTLS	D	-0.17%
PLUG	D	-0.16%
FELE	C	-0.15%
WWD	C	-0.15%
BE	F	-0.15%
BWXT	A	-0.15%
NPO	C	-0.13%
MWA	A	-0.13%
FOXF	F	-0.12%
KBR	A	-0.12%
MOG.A	C	-0.1%
ARRY	F	-0.06%
KTOS	B	-0.06%
SHLS	F	-0.06%
SPR	D	-0.04%