FMED vs. POWA ETF Comparison

Comparison of Fidelity Disruptive Medicine ETF (FMED) to Invesco Bloomberg Pricing Power ETF (POWA)
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

Number of Holdings *

52

* may have additional holdings in another (foreign) market
POWA

Invesco Bloomberg Pricing Power ETF

POWA Description The fund generally will invest at least 80% of its total assets in the securities that comprise the underlying index. The underlying index focuses on companies that have the smallest deviations among their annual gross profit margins over the last five years. The fund will concentrate its investments in securities of issuers in any one industry or group of industries only to the extent that the underlying index reflects a concentration in that industry or group of industries.

Grade (RS Rating)

Last Trade

$85.59

Average Daily Volume

5,117

Number of Holdings *

48

* may have additional holdings in another (foreign) market
Performance
Period FMED POWA
30 Days -3.41% 1.70%
60 Days -4.25% 2.58%
90 Days -2.27% 3.98%
12 Months 17.18% 26.86%
2 Overlapping Holdings
Symbol Grade Weight in FMED Weight in POWA Overlap
VEEV C 2.18% 2.07% 2.07%
VRTX D 0.84% 1.87% 0.84%
FMED Overweight 50 Positions Relative to POWA
Symbol Grade Weight
BSX A 6.26%
UNH B 4.7%
PODD C 4.44%
ISRG A 4.42%
DHR F 3.8%
ARGX B 3.27%
REGN F 3.26%
ALNY D 2.9%
SYK B 2.73%
EXAS D 2.72%
PEN B 2.64%
LFST B 2.41%
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%
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%
TNDM D 1.0%
PHR F 0.99%
CNC D 0.98%
ASND F 0.88%
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 46 Positions Relative to POWA
Symbol Grade Weight
FAST B -2.35%
NOW A -2.35%
JCI B -2.34%
CMI A -2.33%
ADSK A -2.32%
AME A -2.28%
ZBRA B -2.19%
WMT A -2.19%
ATR B -2.18%
LOW C -2.17%
HD B -2.16%
DOV A -2.16%
HEI A -2.16%
KR B -2.15%
CAH B -2.12%
MCK A -2.12%
WAT C -2.08%
BBY D -2.08%
MSCI C -2.07%
ACN B -2.07%
OTIS C -2.06%
JBHT C -2.03%
COST A -2.01%
TSCO D -2.01%
IRM C -2.0%
CDNS B -1.99%
VRSN C -1.96%
COR B -1.96%
ANSS B -1.96%
ROL B -1.95%
MSFT D -1.91%
SYY D -1.9%
BAH F -1.9%
LMT D -1.89%
GEHC D -1.89%
ZTS D -1.87%
STE D -1.84%
SNPS B -1.8%
PEP F -1.77%
ADM D -1.76%
XYL D -1.75%
HSY F -1.69%
MTD F -1.61%
LRCX F -1.57%
IQV F -1.52%
DLTR F -1.25%
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