FDWM vs. USRD ETF Comparison

Comparison of Fidelity Women's Leadership ETF (FDWM) to Themes US R&D Champions ETF (USRD)

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

$23.72

Average Daily Volume

241

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

USRD

Themes US R&D Champions ETF

USRD Description

The index is designed to provide exposure to U.S. companies in the large- and mid- capitalization segments that rank in the top 50 companies based on the index Provider"s R&D intensity metric. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$31.69

Average Daily Volume

143

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FDWM	USRD
30 Days	2.79%	2.17%
60 Days	2.73%	2.27%
90 Days	4.82%	3.37%
12 Months	24.93%

7 Overlapping Holdings

Symbol	Grade	Weight in FDWM	Weight in USRD	Overlap
ADBE	C	1.32%	2.1%	1.32%
AMD	F	1.19%	1.87%	1.19%
ANET	C	1.41%	1.93%	1.41%
EL	F	0.8%	1.85%	0.8%
HOLX	D	1.76%	1.94%	1.76%
INTU	C	0.85%	2.25%	0.85%
LDOS	C	0.94%	1.75%	0.94%

FDWM Overweight 94 Positions Relative to USRD

Symbol	Grade	Weight
AAPL	C	4.35%
MSFT	F	3.66%
NVDA	C	3.24%
GOOG	C	2.61%
AMZN	C	2.56%
ACN	C	2.03%
DIS	B	1.93%
PGR	A	1.73%
CI	F	1.69%
CRM	B	1.62%
JPM	A	1.5%
WSM	B	1.4%
CDW	F	1.23%
HUBS	A	1.21%
VTR	C	1.16%
NXPI	D	1.16%
CNC	D	1.13%
BAC	A	1.11%
PODD	C	1.1%
MA	C	1.09%
MRVL	B	1.08%
BKR	B	1.04%
HIG	B	1.04%
NEE	D	1.0%
ALNY	D	1.0%
WEX	D	0.99%
C	A	0.98%
FSLR	F	0.98%
GEV	B	0.96%
NDAQ	A	0.95%
ETN	A	0.94%
ULTA	F	0.94%
GEN	B	0.93%
MMC	B	0.93%
ELV	F	0.92%
TMHC	B	0.92%
DE	A	0.92%
PH	A	0.87%
MU	D	0.87%
CLX	B	0.83%
FIS	C	0.82%
ZTS	D	0.78%
CBT	C	0.78%
HLT	A	0.78%
UPS	C	0.77%
NSIT	F	0.76%
PSA	D	0.75%
FSS	B	0.74%
OTIS	C	0.71%
SAIC	F	0.71%
RRX	B	0.7%
BALL	D	0.69%
MRK	F	0.68%
GSK	F	0.67%
AR	B	0.66%
NFLX	A	0.66%
HBAN	A	0.65%
ETSY	D	0.64%
EMN	D	0.62%
ICLR	D	0.61%
EXAS	D	0.61%
BBY	D	0.61%
VRTX	F	0.59%
CE	F	0.57%
OLED	D	0.57%
SUM	B	0.57%
USB	A	0.56%
OXY	D	0.55%
PINS	D	0.55%
SBUX	A	0.55%
LOW	D	0.54%
DELL	C	0.53%
EQT	B	0.52%
NVT	B	0.51%
TPR	B	0.51%
ATI	D	0.51%
HSY	F	0.5%
BG	F	0.47%
MAN	D	0.47%
WRBY	B	0.45%
MTN	C	0.44%
VLTO	D	0.42%
NKE	D	0.37%
RUN	F	0.36%
AMN	F	0.36%
ARCB	C	0.34%
ZLAB	C	0.31%
PD	C	0.29%
ELF	C	0.28%
GAP	C	0.24%
RDUS	C	0.24%
SEDG	F	0.21%
MLKN	D	0.2%
SAGE	F	0.08%

FDWM Underweight 43 Positions Relative to USRD

Symbol	Grade	Weight
FTNT	C	-2.39%
TRMB	B	-2.33%
EXPE	B	-2.31%
GM	B	-2.25%
CMI	A	-2.19%
ORCL	B	-2.19%
ALGN	D	-2.18%
ZM	B	-2.17%
HPE	B	-2.16%
NOW	A	-2.15%
EA	A	-2.12%
CDNS	B	-2.11%
ISRG	A	-2.11%
ADSK	A	-2.1%
CSCO	B	-2.07%
ANSS	B	-2.06%
VEEV	C	-2.04%
SNPS	B	-2.04%
NTAP	C	-2.03%
BSX	B	-2.03%
ROP	B	-2.02%
EW	C	-2.02%
GOOGL	C	-2.0%
KEYS	A	-2.0%
IBM	C	-1.98%
QCOM	F	-1.97%
TTD	B	-1.97%
CSGP	D	-1.96%
MDT	D	-1.96%
META	D	-1.95%
NOC	D	-1.94%
JNJ	D	-1.93%
DOX	D	-1.89%
AMAT	F	-1.89%
LRCX	F	-1.88%
GEHC	F	-1.87%
MELI	D	-1.84%
CTVA	C	-1.81%
REGN	F	-1.79%
LLY	F	-1.77%
AKAM	D	-1.73%
MPWR	F	-1.5%
ENPH	F	-1.43%