FMED vs. FBT ETF Comparison
Comparison of Fidelity Disruptive Medicine ETF (FMED) to First Trust Amex Biotech Index Fund (FBT)
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
$25.24
Average Daily Volume
4,772
52
FBT
First Trust Amex Biotech Index Fund
FBT Description
The investment seeks investment results that correspond generally to the price and yield (before the fund's fees and expenses) of an equity index called the NYSE Arca Biotechnology Index(SM). The fund will normally invest at least 90% of its net assets plus the amount of any borrowings for investment purposes in common stocks that comprise the index. The index is an equal-dollar weighted index designed to measure the performance of a cross section of companies in the biotechnology industry that are primarily involved in the use of biological processes to develop products or provide services. The fund is non-diversified.Grade (RS Rating)
Last Trade
$166.46
Average Daily Volume
33,658
30
Performance
Period | FMED | FBT |
---|---|---|
30 Days | -3.41% | -2.65% |
60 Days | -4.25% | -3.12% |
90 Days | -2.27% | -2.31% |
12 Months | 17.18% | 18.61% |
FMED Overweight 43 Positions Relative to FBT
Symbol | Grade | Weight | |
---|---|---|---|
BSX | A | 6.26% | |
UNH | B | 4.7% | |
PODD | C | 4.44% | |
ISRG | A | 4.42% | |
DHR | F | 3.8% | |
SYK | B | 2.73% | |
PEN | B | 2.64% | |
LFST | B | 2.41% | |
VEEV | C | 2.18% | |
MASI | B | 2.01% | |
LEGN | D | 1.95% | |
EW | C | 1.95% | |
INSP | D | 1.92% | |
DXCM | C | 1.88% | |
TMO | F | 1.87% | |
LLY | F | 1.78% | |
PRCT | B | 1.65% | |
ZLAB | C | 1.54% | |
AGL | F | 1.43% | |
GKOS | B | 1.42% | |
PRVA | C | 1.34% | |
KROS | D | 1.34% | |
JANX | C | 1.32% | |
RMD | C | 1.3% | |
CRNX | C | 1.23% | |
CYTK | F | 1.19% | |
XENE | D | 1.17% | |
DOCS | C | 1.14% | |
DYN | F | 1.13% | |
PCVX | D | 1.13% | |
WST | C | 1.01% | |
TNDM | D | 1.0% | |
PHR | F | 0.99% | |
CNC | D | 0.98% | |
ASND | F | 0.88% | |
ALGN | D | 0.72% | |
TXG | F | 0.63% | |
ACLX | C | 0.45% | |
DNLI | D | 0.45% | |
NRIX | C | 0.44% | |
IRTC | C | 0.44% | |
DAWN | D | 0.41% | |
ANAB | F | 0.24% |
FMED Underweight 21 Positions Relative to FBT
Symbol | Grade | Weight | |
---|---|---|---|
EXEL | B | -4.51% | |
CORT | B | -4.07% | |
INCY | C | -3.97% | |
ITCI | C | -3.9% | |
ACAD | C | -3.85% | |
GILD | C | -3.66% | |
UTHR | C | -3.64% | |
CPRX | C | -3.62% | |
NBIX | C | -3.59% | |
WAT | C | -3.55% | |
HALO | F | -3.44% | |
ALKS | C | -3.31% | |
ILMN | C | -3.3% | |
BMRN | F | -3.15% | |
GMAB | F | -3.04% | |
AMGN | F | -3.04% | |
SRPT | F | -2.96% | |
BIIB | F | -2.95% | |
MTD | F | -2.88% | |
BGNE | D | -2.76% | |
MRNA | F | -2.3% |
FMED: Top Represented Industries & Keywords
FBT: Top Represented Industries & Keywords