FFSM vs. PSCD ETF Comparison

Comparison of Fidelity Fundamental Small-Mid Cap ETF (FFSM) to PowerShares S&P SmallCap Consumer Discretionary Portfolio (PSCD)

FFSM

Fidelity Fundamental Small-Mid Cap ETF

FFSM Description

FFSM discloses holdings only on a monthly basis with a 30-day lag. The fund actively selects global mid- and small-cap companies with both growth and value factors. The portfolio is selected using fundamental and quantitative analysis, considering factors such as issuer's financial health and industry position, as well as the overall economic condition. The fund has a Tracking Basket Structure in place, which acts as a proxy portfolio that includes some of the funds holdings from recent disclosure, significant portion of the funds holdings, and cash. This is designed to track the funds daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads. Before February 26, 2024, the fund traded as Fidelity Small-Mid Cap Opportunities ETF under the ticker FSMO.

Grade (RS Rating)

Last Trade

$25.75

Average Daily Volume

17,619

Number of Holdings ^*

158

* may have additional holdings in another (foreign) market

PSCD

PowerShares S&P SmallCap Consumer Discretionary Portfolio

PSCD Description

The PowerShares S&P SmallCap Consumer Discretionary Portfolio (Fund) is based on the S&P SmallCap 600Â® Capped Consumer Discretionary Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to measure the overall performance of common stocks of US consumer discretionary companies. These companies are principally engaged in providing consumer goods and services that are cyclical in nature, including retail, automotive, leisure and recreation, media and real estate. The Index is a subset of the S&P SmallCap 600Â® Index, which is a float-adjusted, market-capitalization-weighted index reflecting the US small-cap market. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$102.46

Average Daily Volume

2,309

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FFSM	PSCD
30 Days	2.38%	0.10%
60 Days	-0.16%	-1.73%
90 Days	3.08%	3.90%
12 Months	16.80%	10.15%

5 Overlapping Holdings

Symbol	Grade	Weight in FFSM	Weight in PSCD	Overlap
ASO	F	0.4%	2.22%	0.4%
BOOT	C	0.63%	2.28%	0.63%
EAT	D	0.28%	1.85%	0.28%
LCII	D	0.29%	1.52%	0.29%
PATK	C	0.18%	1.35%	0.18%

FFSM Overweight 153 Positions Relative to PSCD

Symbol	Grade	Weight
VRT	D	1.71%
FTI	B	1.68%
EME	D	1.65%
AR	D	1.58%
TPX	D	1.49%
AZO	C	1.47%
ACGL	D	1.33%
MUSA	B	1.27%
UHS	B	1.23%
BJ	B	1.22%
MOH	F	1.21%
CROX	D	1.17%
ITT	C	1.14%
PFGC	F	1.11%
RRX	D	1.09%
EXP	D	1.08%
LPLA	D	1.06%
USFD	D	1.05%
CR	C	1.01%
FN	B	0.99%
DKS	C	0.98%
NSIT	C	0.98%
DOX	D	0.98%
WHD	B	0.97%
CACI	B	0.96%
XPO	D	0.96%
CHDN	B	0.94%
DFS	B	0.89%
ORI	C	0.89%
LNG	B	0.88%
AIZ	D	0.88%
ATKR	F	0.87%
AME	C	0.85%
SNX	D	0.83%
NXST	B	0.82%
JLL	A	0.81%
AYI	D	0.81%
BC	D	0.81%
AIT	C	0.79%
VNT	C	0.79%
BECN	C	0.76%
FAF	D	0.75%
ASGN	D	0.75%
TGLS	C	0.74%
GVA	C	0.74%
ON	D	0.72%
STX	B	0.72%
SN	D	0.72%
MEDP	B	0.72%
PVH	D	0.71%
PCG	C	0.7%
CC	F	0.69%
GPK	D	0.68%
CNM	D	0.68%
KBR	D	0.67%
ACHC	D	0.67%
ALSN	B	0.66%
FCNCA	B	0.66%
AEIS	C	0.66%
ACM	D	0.66%
CRL	D	0.66%
AES	D	0.65%
RGA	A	0.65%
STLD	C	0.64%
CMC	C	0.64%
SNV	A	0.63%
PNFP	C	0.63%
HLI	A	0.63%
G	D	0.63%
DT	F	0.61%
FSS	C	0.59%
VTR	A	0.59%
PRI	B	0.59%
MMS	B	0.59%
HOLX	B	0.59%
MTSI	B	0.58%
CAH	F	0.58%
WBS	C	0.58%
CADE	B	0.58%
RJF	D	0.57%
CIEN	F	0.56%
CBT	D	0.54%
KBH	B	0.54%
TENB	D	0.54%
LBRT	D	0.54%
OLN	D	0.54%
PGNY	D	0.53%
ESI	B	0.52%
AFG	D	0.52%
WTFC	B	0.51%
EXLS	B	0.5%
LPX	D	0.5%
HAYW	D	0.5%
TEX	D	0.5%
EPRT	B	0.48%
BCO	B	0.47%
OI	F	0.47%
LSCC	F	0.45%
CACC	C	0.44%
BOKF	B	0.44%
CHX	D	0.43%
EBC	A	0.43%
LEA	F	0.4%
TMDX	C	0.4%
CWK	A	0.39%
WSC	F	0.39%
NOMD	D	0.39%
FIBK	B	0.38%
NOG	C	0.38%
FROG	C	0.37%
ICHR	C	0.37%
FBP	A	0.35%
ALGM	C	0.34%
CNXC	D	0.34%
LITE	B	0.34%
ESGR	B	0.34%
DOOO	D	0.34%
FLEX	D	0.33%
FIVN	F	0.33%
LAUR	D	0.33%
DIOD	C	0.33%
RUSHA	C	0.32%
ARGX	C	0.31%
OMI	F	0.28%
PRO	F	0.28%
MTB	A	0.27%
RGEN	F	0.24%
HELE	F	0.21%
IBTX	B	0.21%
KFRC	D	0.2%
CSTM	D	0.19%
CRNX	B	0.18%
XPRO	C	0.17%
MDGL	B	0.16%
INSM	A	0.15%
CYTK	D	0.15%
VCEL	C	0.14%
ECPG	D	0.13%
CLDX	D	0.12%
NUVL	C	0.11%
ICLR	B	0.11%
ACLX	C	0.1%
PCVX	B	0.09%
XENE	C	0.09%
AXSM	C	0.09%
PBH	B	0.07%
TCBK	B	0.07%
ARVN	F	0.06%
TXG	F	0.04%
MORF	C	0.04%
ZNTL	F	0.02%
KROS	F	0.02%
ALXO	F	0.01%

FFSM Underweight 78 Positions Relative to PSCD

Symbol	Grade	Weight
ANF	C	-5.41%
MTH	C	-3.33%
IBP	C	-2.76%
ABG	C	-2.68%
VFC	D	-2.53%
SIG	D	-2.33%
GPI	D	-2.28%
AAP	F	-2.1%
AEO	D	-2.1%
TPH	B	-2.04%
MHO	C	-1.93%
SHAK	D	-1.91%
KTB	D	-1.9%
SHOO	B	-1.71%
PENN	C	-1.65%
LRN	D	-1.62%
FTDR	D	-1.58%
CVCO	C	-1.55%
ATGE	A	-1.51%
DORM	D	-1.49%
URBN	A	-1.44%
NWL	F	-1.41%
STRA	D	-1.41%
KSS	D	-1.4%
CCS	C	-1.31%
VSTO	B	-1.28%
MODG	D	-1.25%
FOXF	D	-1.19%
FL	D	-1.12%
PHIN	D	-1.08%
LGIH	D	-1.07%
SONO	F	-1.05%
CAKE	D	-1.03%
HBI	C	-0.99%
BLMN	F	-0.98%
LZB	B	-0.92%
WGO	F	-0.92%
THRM	D	-0.92%
DAN	F	-0.91%
LEG	D	-0.88%
PZZA	F	-0.87%
OXM	D	-0.86%
WOR	F	-0.83%
GRBK	A	-0.82%
PRDO	D	-0.82%
ODP	F	-0.75%
VSCO	D	-0.74%
PLAY	F	-0.72%
SBH	C	-0.68%
CAL	D	-0.64%
BKE	C	-0.63%
GIII	F	-0.62%
SABR	D	-0.61%
WWW	D	-0.61%
HIBB	A	-0.61%
EYE	F	-0.58%
JACK	F	-0.56%
CBRL	F	-0.52%
MCRI	C	-0.52%
BJRI	B	-0.49%
AXL	F	-0.48%
SAH	D	-0.47%
XPEL	F	-0.42%
RGR	F	-0.42%
MNRO	F	-0.41%
LESL	F	-0.4%
GDEN	F	-0.38%
SCVL	B	-0.38%
HZO	C	-0.37%
ETD	D	-0.37%
MCW	F	-0.37%
GES	D	-0.32%
DIN	F	-0.31%
SMP	F	-0.3%
CHUY	F	-0.25%
MOV	D	-0.23%
HVT	F	-0.19%
DBI	F	-0.17%