FMED vs. BKIV ETF Comparison

Comparison of Fidelity Disruptive Medicine ETF (FMED) to BNY Mellon Innovators ETF (BKIV)

FMED

Fidelity Disruptive Medicine ETF

FMED Description

The fund normally invests at least 80% of assets in securities of disruptive medicine companies. Fidelity's disruptive strategies seek to identify innovative developments that could signal new directions for delivering products and services to customers. Generally, these companies have or are developing new or unconventional ways of doing business that could disrupt and displace incumbents over time. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$25.22

Average Daily Volume

4,761

Number of Holdings ^*

* may have additional holdings in another (foreign) market

BKIV

BNY Mellon Innovators ETF

BKIV Description

To pursue its goal, the fund normally invests principally in equity securities of U.S. innovation-driven companies. The fund's sub-adviser considers innovation-driven companies to be (i) leading edge companies that, through their intellectual property, provide ground-breaking and/or innovative products and services that can be disruptive and transformative to existing business models and practices and (ii) business enterprises that are positively impacted by the transformation of their business models and practices through the use of such products or services. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$36.07

Average Daily Volume

226

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMED	BKIV
30 Days	-3.71%	4.24%
60 Days	-4.48%	8.03%
90 Days	-1.68%	9.38%
12 Months	17.78%	42.27%

14 Overlapping Holdings

Symbol	Grade	Weight in FMED	Weight in BKIV	Overlap
ALGN	D	0.72%	1.73%	0.72%
ASND	F	0.88%	1.63%	0.88%
CRNX	B	1.23%	0.86%	0.86%
DNLI	D	0.45%	0.95%	0.45%
DXCM	C	1.88%	1.86%	1.86%
INSP	F	1.92%	3.18%	1.92%
IRTC	C	0.44%	1.8%	0.44%
ISRG	A	4.42%	2.38%	2.38%
KROS	D	1.34%	0.91%	0.91%
NTRA	A	0.56%	1.6%	0.56%
PRCT	B	1.65%	0.63%	0.63%
PRVA	C	1.34%	0.79%	0.79%
RGEN	D	1.34%	2.59%	1.34%
XENE	D	1.17%	0.51%	0.51%

FMED Overweight 38 Positions Relative to BKIV

Symbol	Grade	Weight
BSX	A	6.26%
UNH	B	4.7%
PODD	B	4.44%
DHR	D	3.8%
ARGX	A	3.27%
REGN	F	3.26%
ALNY	D	2.9%
SYK	A	2.73%
EXAS	D	2.72%
PEN	B	2.64%
LFST	C	2.41%
VEEV	C	2.18%
MASI	B	2.01%
LEGN	D	1.95%
EW	C	1.95%
TMO	D	1.87%
LLY	F	1.78%
ZLAB	C	1.54%
AGL	F	1.43%
GKOS	A	1.42%
JANX	C	1.32%
RMD	C	1.3%
CYTK	D	1.19%
DOCS	C	1.14%
DYN	D	1.13%
PCVX	D	1.13%
BRKR	F	1.12%
WST	C	1.01%
TNDM	D	1.0%
PHR	F	0.99%
CNC	F	0.98%
VRTX	D	0.84%
TXG	F	0.63%
ACLX	C	0.45%
NRIX	C	0.44%
DAWN	D	0.41%
BNTX	D	0.4%
ANAB	F	0.24%

FMED Underweight 32 Positions Relative to BKIV

Symbol	Grade	Weight
NVDA	A	-14.68%
GOOG	B	-5.18%
INSM	C	-3.75%
NFLX	A	-3.74%
CSGP	C	-3.38%
SRPT	F	-3.06%
CFLT	B	-2.49%
FRPT	B	-2.41%
TTD	B	-2.34%
MNDY	D	-2.22%
SQ	A	-2.09%
RDDT	A	-2.07%
CELH	F	-1.92%
SHOP	B	-1.88%
MDB	C	-1.79%
WHD	B	-1.68%
ILMN	C	-1.6%
PDD	F	-1.42%
BROS	A	-1.41%
CYBR	A	-1.4%
ABNB	C	-1.36%
DKNG	B	-1.13%
CHWY	B	-1.13%
TWST	F	-1.1%
LULU	C	-1.05%
SKX	F	-0.75%
TMDX	F	-0.75%
GH	B	-0.71%
HUBS	A	-0.67%
ELF	C	-0.66%
PSTG	F	-0.64%
VITL	D	-0.63%