FMCX vs. FCOM ETF Comparison

Comparison of FMC Excelsior Focus Equity ETF (FMCX) to Fidelity MSCI Telecommunication Services Index ETF (FCOM)

FMCX

FMC Excelsior Focus Equity ETF

FMCX Description

The fund is an actively managed exchange-traded fund (?ETF?) that, during normal market conditions, seeks to invest in approximately 25-30 U.S. exchange-traded common stocks of companies that are listed on U.S. national securities exchanges and trade contemporaneously with the shares of the fund. The fund adviser may also hold concentrated positions in common stocks, although the fund?s guidelines provide that no single investment should generally be more than 10% of the fund?s portfolio at acquisition. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$28.94

Average Daily Volume

334

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FCOM

Fidelity MSCI Telecommunication Services Index ETF

FCOM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Telecommunication Services 25/50 Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Telecommunication Services 25/50 Index, which represents the performance of the telecommunication services sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Telecommunication Services 25/50 Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$53.58

Average Daily Volume

73,267

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMCX	FCOM
30 Days	2.25%	4.09%
60 Days	3.22%	7.51%
90 Days	1.28%	7.19%
12 Months	17.70%	34.28%

8 Overlapping Holdings

Symbol	Grade	Weight in FMCX	Weight in FCOM	Overlap
CMCSA	F	1.13%	4.03%	1.13%
GOOG	A	0.5%	9.7%	0.5%
GOOGL	A	1.77%	12.68%	1.77%
IAC	F	5.35%	0.31%	0.31%
LBRDA	C	1.74%	0.08%	0.08%
LBRDK	C	4.24%	0.54%	0.54%
MTCH	F	3.18%	0.71%	0.71%
VMEO	F	0.03%	0.05%	0.03%

FMCX Overweight 44 Positions Relative to FCOM

Symbol	Grade	Weight
AAPL	A	6.93%
UNH	D	6.84%
KKR	C	6.14%
AMZN	A	5.01%
GDDY	A	4.98%
MSFT	A	4.79%
LSXMK	C	4.22%
GGG	D	3.98%
PYPL	D	3.9%
LSXMA	C	1.79%
PG	C	1.3%
PM	B	1.21%
YUM	D	1.18%
MCD	F	1.12%
AMGN	B	1.11%
KEYS	D	1.06%
VUSB	A	0.92%
ICSH	B	0.92%
GILD	C	0.87%
CL	B	0.85%
MO	A	0.84%
ENTG	B	0.82%
ARWR	C	0.72%
NKE	F	0.68%
HON	B	0.6%
DHR	D	0.55%
BAX	C	0.47%
YUMC	F	0.42%
MUSA	C	0.4%
SPGI	B	0.37%
MTX	C	0.33%
KEX	B	0.33%
EQR	B	0.3%
JPM	B	0.3%
MUR	D	0.25%
V	C	0.21%
FWONK	B	0.21%
BKNG	B	0.19%
FLWS	C	0.15%
GD	D	0.13%
BATRK	B	0.11%
PNR	D	0.1%
FWONA	C	0.05%
BATRA	C	0.02%

FMCX Underweight 79 Positions Relative to FCOM

Symbol	Grade	Weight
META	A	-24.03%
NFLX	A	-4.52%
VZ	B	-4.43%
DIS	D	-4.26%
T	B	-3.74%
TMUS	B	-2.92%
TTD	A	-1.74%
EA	B	-1.6%
CHTR	C	-1.42%
PINS	B	-1.39%
TTWO	C	-1.35%
RBLX	B	-1.26%
SNAP	B	-1.22%
OMC	D	-1.1%
WBD	F	-1.09%
LYV	C	-1.0%
IPG	F	-0.95%
NWSA	B	-0.9%
FOXA	B	-0.71%
NYT	A	-0.68%
ROKU	C	-0.65%
PARA	C	-0.47%
NXST	B	-0.46%
FYBR	B	-0.42%
EDR	A	-0.42%
FOX	B	-0.39%
ZI	F	-0.29%
IRDM	D	-0.25%
MSGS	B	-0.25%
ZD	F	-0.22%
CCOI	D	-0.21%
YELP	F	-0.21%
TGNA	D	-0.21%
CNK	A	-0.2%
CARG	C	-0.19%
SATS	B	-0.19%
TDS	B	-0.18%
TRIP	F	-0.16%
CABO	F	-0.14%
MGNI	B	-0.14%
LILAK	B	-0.11%
CARS	C	-0.11%
AMC	C	-0.11%
LUMN	F	-0.09%
LGF.A	D	-0.09%
USM	B	-0.08%
SCHL	D	-0.08%
MSGE	D	-0.08%
SSTK	F	-0.08%
BMBL	F	-0.08%
IMAX	C	-0.07%
TTGT	B	-0.07%
QNST	C	-0.07%
PUBM	D	-0.07%
GSAT	D	-0.07%
ZIP	F	-0.06%
IAS	C	-0.06%
SHEN	C	-0.06%
STGW	C	-0.05%
IDT	D	-0.05%
THRY	F	-0.05%
GOGO	D	-0.05%
GTN	F	-0.04%
ATUS	F	-0.04%
MAX	F	-0.04%
EVER	C	-0.04%
LGF.A	D	-0.04%
BOC	F	-0.03%
LILA	C	-0.03%
CNSL	B	-0.03%
CCO	C	-0.03%
ADV	D	-0.03%
FUBO	F	-0.03%
EB	F	-0.03%
ATEX	B	-0.03%
ATNI	F	-0.02%
MCS	F	-0.02%
AMCX	F	-0.02%
ANGI	F	-0.01%