FMED vs. PINK ETF Comparison

Comparison of Fidelity Disruptive Medicine ETF (FMED) to Simplify Health Care ETF (PINK)

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

4,772

Number of Holdings ^*

* may have additional holdings in another (foreign) market

PINK

Simplify Health Care ETF

PINK Description

Simplify Exchange Traded Funds - Simplify Health Care ETF seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its assets (plus any borrowings for investment purposes) in securities of U.S. health care companies. The fund adviser defines health care companies as companies included in the Global Industry Classification Standard health care sector. The fund will typically invest in 50 – 100 health care companies. The adviser generally seeks investments in companies that are developing new and effective medicines, as well as companies whose business models reduce costs or improve quality in health care systems.

Grade (RS Rating)

Last Trade

$30.90

Average Daily Volume

117,279

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMED	PINK
30 Days	-3.41%	-4.15%
60 Days	-4.25%	-6.48%
90 Days	-2.27%	-6.16%
12 Months	17.18%	24.32%

14 Overlapping Holdings

Symbol	Grade	Weight in FMED	Weight in PINK	Overlap
AGL	F	1.43%	0.28%	0.28%
ARGX	B	3.27%	0.55%	0.55%
BSX	A	6.26%	0.04%	0.04%
DHR	F	3.8%	0.24%	0.24%
EXAS	D	2.72%	0.83%	0.83%
ISRG	A	4.42%	4.75%	4.42%
LLY	F	1.78%	7.03%	1.78%
MASI	B	2.01%	0.01%	0.01%
REGN	F	3.26%	4.19%	3.26%
SYK	B	2.73%	0.27%	0.27%
TMO	F	1.87%	3.54%	1.87%
TNDM	D	1.0%	2.02%	1.0%
UNH	B	4.7%	4.94%	4.7%
VEEV	C	2.18%	0.28%	0.28%

FMED Overweight 38 Positions Relative to PINK

Symbol	Grade	Weight
PODD	C	4.44%
ALNY	D	2.9%
PEN	B	2.64%
LFST	B	2.41%
LEGN	D	1.95%
EW	C	1.95%
INSP	D	1.92%
DXCM	C	1.88%
PRCT	B	1.65%
ZLAB	C	1.54%
GKOS	B	1.42%
RGEN	D	1.34%
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%
BRKR	D	1.12%
WST	C	1.01%
PHR	F	0.99%
CNC	D	0.98%
ASND	F	0.88%
VRTX	D	0.84%
ALGN	D	0.72%
TXG	F	0.63%
NTRA	A	0.56%
ACLX	C	0.45%
DNLI	D	0.45%
NRIX	C	0.44%
IRTC	C	0.44%
DAWN	D	0.41%
BNTX	C	0.4%
ANAB	F	0.24%

FMED Underweight 37 Positions Relative to PINK

Symbol	Grade	Weight
SRPT	F	-10.02%
PCT	C	-7.0%
SNY	F	-4.89%
ZTS	D	-4.86%
JNJ	C	-4.56%
ABBV	F	-3.88%
GILD	C	-3.35%
CI	D	-3.01%
CHWY	B	-2.24%
MMM	D	-2.24%
TFX	F	-2.0%
MYGN	F	-1.98%
ELV	F	-1.89%
RVTY	F	-1.29%
RPRX	D	-1.11%
TUA	F	-1.05%
IQV	F	-0.95%
ITCI	C	-0.94%
AVTR	F	-0.91%
ABT	B	-0.67%
AKRO	B	-0.66%
THC	D	-0.54%
FULC	F	-0.52%
HCA	F	-0.4%
ESTA	D	-0.39%
SNDX	F	-0.34%
LIVN	F	-0.31%
BMRN	F	-0.25%
TECH	F	-0.25%
BIIB	F	-0.19%
HSIC	C	-0.18%
ZBH	C	-0.16%
VLTO	C	-0.03%
INSM	C	-0.02%
BMY	B	-0.02%
EMBC	C	-0.01%
MRK	D	-0.0%