FDWM vs. SPHB ETF Comparison

Comparison of Fidelity Women's Leadership ETF (FDWM) to PowerShares S&P 500 High Beta Portfolio (SPHB)

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

$22.61

Average Daily Volume

676

Number of Holdings ^*

100

* may have additional holdings in another (foreign) market

SPHB

PowerShares S&P 500 High Beta Portfolio

SPHB Description

The PowerShares S&P 500 High Beta Portfolio (Fund) is based on the S&P 500 High Beta Index (Index). The Fund will invest at least 90% of its total assets in common stocks that comprise the Index. The Index is compiled, maintained and calculated by Standard & Poor's and consists of the 100 stocks from the S&P 500 Index with the highest sensitivity to market movements, or beta, over the past 12 months. Beta is a measure of relative risk and is the rate of change of a security's price. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.

Grade (RS Rating)

Last Trade

$87.27

Average Daily Volume

304,180

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDWM	SPHB
30 Days	2.51%	4.77%
60 Days	2.98%	4.92%
90 Days	4.66%	5.45%
12 Months	18.62%	11.95%

18 Overlapping Holdings

Symbol	Grade	Weight in FDWM	Weight in SPHB	Overlap
ADBE	C	1.32%	1.19%	1.19%
ADSK	C	0.08%	1.05%	0.08%
AMD	C	0.77%	1.53%	0.77%
AMZN	C	4.35%	1.02%	1.02%
ANET	C	0.87%	1.44%	0.87%
CE	D	0.7%	0.7%	0.7%
CRM	F	1.5%	0.77%	0.77%
EL	F	0.91%	0.75%	0.75%
ETSY	F	0.86%	0.89%	0.86%
FSLR	D	0.51%	1.25%	0.51%
GOOG	C	2.67%	0.91%	0.91%
HBAN	C	0.6%	0.75%	0.6%
INTU	C	1.65%	0.97%	0.97%
MU	C	1.09%	1.06%	1.06%
NVDA	C	2.54%	2.1%	2.1%
NXPI	B	1.1%	1.09%	1.09%
PH	C	0.82%	0.74%	0.74%
USB	B	0.55%	0.87%	0.55%

FDWM Overweight 82 Positions Relative to SPHB

Symbol	Grade	Weight
MSFT	C	3.64%
DIS	F	2.47%
ACN	D	2.02%
CI	D	1.91%
BAC	A	1.88%
WEX	F	1.85%
HOLX	B	1.8%
AAPL	B	1.71%
NDAQ	B	1.65%
PGR	B	1.56%
HUBS	F	1.52%
JPM	B	1.5%
CDW	D	1.33%
IPG	F	1.24%
HIG	C	1.21%
CNC	D	1.2%
ETN	C	1.11%
MA	D	1.09%
NEE	C	1.08%
ICLR	B	1.08%
C	B	1.06%
TMHC	C	1.05%
BKR	B	1.03%
ELV	C	1.03%
NVT	D	1.0%
DE	F	0.95%
MMC	A	0.92%
UPS	F	0.91%
LDOS	B	0.89%
VTR	A	0.88%
LOW	C	0.84%
CLX	D	0.82%
FDX	B	0.81%
AWK	C	0.79%
NSIT	C	0.79%
MRVL	C	0.79%
SWX	D	0.77%
OXY	D	0.77%
BALL	D	0.77%
PODD	C	0.76%
GM	B	0.76%
RRX	D	0.75%
AR	D	0.75%
SBUX	F	0.74%
GSK	D	0.74%
HLT	B	0.73%
SAIC	D	0.72%
FSS	C	0.71%
ZTS	C	0.7%
CBT	D	0.7%
OTIS	B	0.68%
MRK	C	0.65%
CWEN	D	0.65%
SUM	D	0.63%
EQT	D	0.62%
WSM	C	0.61%
WRBY	D	0.59%
NFLX	C	0.57%
EMN	D	0.57%
GEV	B	0.56%
AMN	F	0.56%
BG	B	0.55%
VRTX	A	0.54%
HI	D	0.53%
MAN	F	0.53%
MRNA	D	0.52%
BBY	B	0.52%
MTN	F	0.52%
ALNY	A	0.49%
TPR	C	0.48%
OLED	B	0.47%
VLTO	D	0.39%
ARCB	D	0.38%
PDFS	C	0.34%
SEDG	F	0.34%
RUN	D	0.33%
NKE	F	0.31%
RDUS	F	0.25%
ZLAB	F	0.22%
SAGE	D	0.18%
AME	C	0.1%
HUM	D	0.06%

FDWM Underweight 80 Positions Relative to SPHB

Symbol	Grade	Weight
SMCI	C	-2.33%
CCL	C	-1.66%
MPWR	C	-1.64%
TER	B	-1.56%
AVGO	B	-1.5%
CZR	D	-1.44%
TSLA	C	-1.4%
LRCX	C	-1.31%
KLAC	B	-1.31%
ENPH	F	-1.3%
AMAT	C	-1.24%
NCLH	C	-1.22%
META	C	-1.18%
URI	C	-1.12%
ON	D	-1.12%
SWKS	B	-1.11%
MCHP	D	-1.1%
GNRC	C	-1.1%
BX	B	-1.09%
NOW	C	-1.08%
ALGN	F	-1.08%
QRVO	B	-1.08%
CDNS	C	-1.07%
ABNB	D	-1.05%
SNPS	B	-1.05%
MGM	C	-1.05%
BXP	B	-1.03%
QCOM	C	-1.03%
BLDR	F	-1.03%
ORCL	B	-1.02%
ZBRA	B	-1.02%
UBER	C	-1.02%
EXPE	C	-0.99%
TFC	A	-0.98%
CFG	A	-0.98%
WDC	B	-0.98%
ADI	B	-0.98%
WBD	F	-0.98%
RCL	B	-0.96%
EFX	C	-0.95%
PANW	C	-0.95%
TROW	B	-0.95%
ALB	F	-0.95%
ISRG	B	-0.95%
KMX	C	-0.94%
PYPL	D	-0.94%
KEY	B	-0.94%
IDXX	D	-0.91%
FCX	C	-0.91%
PWR	D	-0.9%
JBL	F	-0.9%
IVZ	C	-0.88%
DLR	B	-0.87%
TXN	B	-0.86%
ROK	C	-0.86%
FTNT	D	-0.86%
RF	A	-0.85%
INTC	D	-0.84%
ANSS	C	-0.84%
PHM	C	-0.84%
MHK	C	-0.84%
F	B	-0.84%
ARE	B	-0.83%
LEN	C	-0.83%
DAY	F	-0.82%
BEN	D	-0.82%
AES	D	-0.82%
CARR	B	-0.81%
CAT	D	-0.8%
DHI	C	-0.79%
PARA	D	-0.78%
FITB	B	-0.78%
IQV	D	-0.78%
SWK	D	-0.78%
CRL	D	-0.78%
LULU	F	-0.74%
APTV	F	-0.73%
PAYC	F	-0.71%
AAL	F	-0.69%
EPAM	F	-0.68%