FMED vs. FXH ETF Comparison

Comparison of Fidelity Disruptive Medicine ETF (FMED) to First Trust Health Care AlphaDEX (FXH)

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

$25.44

Average Daily Volume

4,762

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FXH

First Trust Health Care AlphaDEX

FXH 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 StrataQuant(R) Health Care Index. The fund will normally invest at least 90% of its net assets in common stocks that comprise the index. The index is a modified equal-dollar weighted index designed by NYSE Euronext to objectively identify and select stocks from the Russell 1000(R) Index in the health care sector that may generate positive alpha relative to traditional passive-style indices through the use of the AlphaDEX(R) selection methodology. It is non-diversified.

Grade (RS Rating)

Last Trade

$109.44

Average Daily Volume

32,011

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMED	FXH
30 Days	-1.34%	1.11%
60 Days	-2.99%	-2.43%
90 Days	-1.48%	-3.23%
12 Months	18.13%	13.91%

24 Overlapping Holdings

Symbol	Grade	Weight in FMED	Weight in FXH	Overlap
ALGN	D	0.72%	0.37%	0.37%
ALNY	D	2.9%	2.14%	2.14%
BRKR	D	1.12%	0.68%	0.68%
CNC	D	0.98%	1.78%	0.98%
DHR	F	3.8%	0.37%	0.37%
DOCS	C	1.14%	2.73%	1.14%
EW	C	1.95%	1.37%	1.37%
EXAS	D	2.72%	1.02%	1.02%
INSP	D	1.92%	1.12%	1.12%
ISRG	A	4.42%	1.87%	1.87%
LLY	F	1.78%	1.22%	1.22%
MASI	A	2.01%	0.51%	0.51%
NTRA	B	0.56%	2.72%	0.56%
PEN	B	2.64%	0.51%	0.51%
PODD	C	4.44%	2.56%	2.56%
REGN	F	3.26%	1.02%	1.02%
RMD	C	1.3%	2.16%	1.3%
SYK	C	2.73%	0.91%	0.91%
TMO	F	1.87%	0.74%	0.74%
TXG	F	0.63%	0.27%	0.27%
UNH	C	4.7%	1.74%	1.74%
VEEV	C	2.18%	0.47%	0.47%
VRTX	F	0.84%	0.89%	0.84%
WST	C	1.01%	0.96%	0.96%

FMED Overweight 28 Positions Relative to FXH

Symbol	Grade	Weight
BSX	B	6.26%
ARGX	A	3.27%
LFST	C	2.41%
LEGN	F	1.95%
DXCM	D	1.88%
PRCT	B	1.65%
ZLAB	C	1.54%
AGL	F	1.43%
GKOS	B	1.42%
RGEN	D	1.34%
PRVA	B	1.34%
KROS	D	1.34%
JANX	C	1.32%
CRNX	C	1.23%
CYTK	F	1.19%
XENE	D	1.17%
DYN	F	1.13%
PCVX	D	1.13%
TNDM	F	1.0%
PHR	F	0.99%
ASND	D	0.88%
ACLX	C	0.45%
DNLI	D	0.45%
NRIX	D	0.44%
IRTC	D	0.44%
DAWN	F	0.41%
BNTX	D	0.4%
ANAB	F	0.24%

FMED Underweight 53 Positions Relative to FXH

Symbol	Grade	Weight
PINC	B	-2.6%
JAZZ	B	-2.55%
UTHR	C	-2.46%
EXEL	B	-2.31%
ROIV	C	-2.3%
THC	D	-2.23%
DVA	B	-2.15%
UHS	D	-2.0%
RARE	D	-1.96%
HCA	F	-1.94%
CAH	B	-1.88%
VTRS	A	-1.86%
ZBH	C	-1.73%
DGX	A	-1.73%
CRL	C	-1.71%
ITCI	C	-1.64%
INCY	C	-1.61%
CI	F	-1.6%
RPRX	D	-1.55%
HUM	C	-1.53%
MOH	F	-1.52%
GEHC	F	-1.51%
BIIB	F	-1.46%
ENOV	C	-1.45%
EHC	B	-1.43%
PRGO	B	-1.41%
OGN	D	-1.37%
ELV	F	-1.34%
MDT	D	-1.31%
HOLX	D	-1.3%
CHE	D	-1.28%
JNJ	D	-1.28%
HSIC	B	-1.25%
LH	C	-0.91%
WAT	B	-0.9%
ABT	B	-0.86%
BDX	F	-0.81%
AMED	F	-0.8%
AMGN	D	-0.79%
ZTS	D	-0.77%
A	D	-0.75%
ABBV	D	-0.74%
IQV	D	-0.73%
TFX	F	-0.66%
MEDP	D	-0.43%
RCM	F	-0.43%
BMRN	D	-0.4%
TECH	D	-0.39%
RVTY	F	-0.39%
STE	F	-0.39%
BAX	D	-0.36%
AVTR	F	-0.35%
XRAY	F	-0.28%