FMED vs. IZRL ETF Comparison

Comparison of Fidelity Disruptive Medicine ETF (FMED) to ARK Israel Innovative Technology ETF (IZRL)

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

IZRL

ARK Israel Innovative Technology ETF

IZRL Description

The ARK Israel Innovative Technology ETF (IZRL) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the ARK Israeli Innovation Index, which is designed to track the price movements of exchange-listed Israeli companies whose main business operations are causing disruptive innovation in the areas of genomics, health care, biotechnology, industrials, manufacturing, the Internet or information technology. The Index includes equity securities and depositary receipts of exchange listed companies that are incorporated and/or domiciled in Israel (‘‘Israeli Companies’’) and are included in one of the following economic sectors as defined by FactSet Research Systems: (i) health technology, (ii) communications, (iii) technology services, (iv) electronic technology, (v) consumer services, or (vi) producer manufacturing.

Grade (RS Rating)

Last Trade

$21.50

Average Daily Volume

14,919

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMED	IZRL
30 Days	-1.34%	10.20%
60 Days	-2.99%	11.93%
90 Days	-1.48%	7.91%
12 Months	18.13%	20.99%

0 Overlapping Holdings

	Symbol	Grade	Weight in FMED	Weight in IZRL	Overlap

FMED Overweight 52 Positions Relative to IZRL

Symbol	Grade	Weight
BSX	B	6.26%
UNH	C	4.7%
PODD	C	4.44%
ISRG	A	4.42%
DHR	F	3.8%
ARGX	A	3.27%
REGN	F	3.26%
ALNY	D	2.9%
SYK	C	2.73%
EXAS	D	2.72%
PEN	B	2.64%
LFST	C	2.41%
VEEV	C	2.18%
MASI	A	2.01%
LEGN	F	1.95%
EW	C	1.95%
INSP	D	1.92%
DXCM	D	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%
RGEN	D	1.34%
PRVA	B	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%
BRKR	D	1.12%
WST	C	1.01%
TNDM	F	1.0%
PHR	F	0.99%
CNC	D	0.98%
ASND	D	0.88%
VRTX	F	0.84%
ALGN	D	0.72%
TXG	F	0.63%
NTRA	B	0.56%
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 25 Positions Relative to IZRL

Symbol	Grade	Weight
SMWB	B	-2.78%
FVRR	B	-2.72%
SSYS	C	-2.54%
PLTK	B	-2.33%
INMD	C	-2.19%
CYBR	B	-2.16%
MGIC	F	-2.13%
WIX	B	-2.12%
CGNT	B	-2.1%
FROG	C	-2.07%
RDWR	B	-2.07%
ITRN	B	-2.04%
NICE	C	-2.02%
WKME	C	-2.02%
CLBT	B	-2.0%
RSKD	D	-1.97%
NNOX	C	-1.96%
BWAY	B	-1.9%
TEVA	D	-1.9%
MNDY	C	-1.87%
MDWD	D	-1.8%
AUDC	D	-1.78%
URGN	F	-1.78%
CHKP	D	-1.75%
SPNS	F	-1.54%