FMED vs. QOWZ ETF Comparison

Comparison of Fidelity Disruptive Medicine ETF (FMED) to Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ)
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 *

52

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

Invesco Nasdaq Free Cash Flow Achievers ETF

QOWZ Description The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. Strictly in accordance with its guidelines and mandated procedures, Nasdaq, Inc. compiles, maintains and calculates the underlying index, which is designed to track the performance of U.S.-listed companies with continuous and stable growth in free cash flow. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$34.34

Average Daily Volume

2,123

Number of Holdings *

50

* may have additional holdings in another (foreign) market
Performance
Period FMED QOWZ
30 Days -1.34% 5.76%
60 Days -2.99% 7.75%
90 Days -1.48% 8.64%
12 Months 18.13%
3 Overlapping Holdings
Symbol Grade Weight in FMED Weight in QOWZ Overlap
TMO F 1.87% 2.67% 1.87%
UNH C 4.7% 4.65% 4.65%
WST C 1.01% 1.19% 1.01%
FMED Overweight 49 Positions Relative to QOWZ
Symbol Grade Weight
BSX B 6.26%
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%
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%
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 47 Positions Relative to QOWZ
Symbol Grade Weight
NVDA C -11.37%
META D -6.77%
AVGO D -5.27%
MA C -4.45%
CRM B -4.17%
NOW A -3.39%
INTU C -2.93%
ADBE C -2.88%
ADP B -2.54%
MAR B -2.24%
CDNS B -2.22%
CTAS B -2.22%
FTNT C -2.15%
APH A -2.15%
COF B -2.15%
KMI A -2.12%
FICO B -2.07%
RSG A -1.91%
FAST B -1.8%
ROP B -1.78%
PAYX C -1.76%
KLAC D -1.75%
WBD C -1.41%
MCHP D -1.25%
NVR D -1.24%
TDY B -1.24%
PTC A -1.23%
ROL B -1.21%
OC A -1.14%
MTD D -1.1%
MKC D -1.09%
VRSN F -1.07%
MANH D -1.07%
POOL C -0.98%
AYI B -0.94%
BECN B -0.79%
RMBS C -0.73%
QLYS C -0.72%
WTS B -0.68%
THO B -0.67%
LFUS F -0.63%
CVCO A -0.62%
PRGS A -0.54%
TTGT C -0.32%
RDUS C -0.27%
SLP D -0.21%
DLHC F -0.11%
Compare ETFs