FMET vs. FDCF ETF Comparison

Comparison of Fidelity Metaverse ETF (FMET) to Fidelity Disruptive Communications ETF (FDCF)

FMET

Fidelity Metaverse ETF

FMET Description

The fund normally invests at least 80% of assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies that develop, manufacture, distribute, or sell products or services related to establishing and enabling the Metaverse. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$30.23

Average Daily Volume

5,881

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDCF

Fidelity Disruptive Communications ETF

FDCF Description

The fund normally invests at least 80% of assets in securities of disruptive communications 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

$38.56

Average Daily Volume

6,453

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	FMET	FDCF
30 Days	1.92%	3.02%
60 Days	2.65%	7.38%
90 Days	1.01%	9.05%
12 Months	13.60%	41.68%

8 Overlapping Holdings

Symbol	Grade	Weight in FMET	Weight in FDCF	Overlap
AAPL	C	4.44%	2.43%	2.43%
BMBL	C	0.72%	0.98%	0.72%
GOOGL	C	4.83%	5.47%	4.83%
META	D	4.65%	3.08%	3.08%
MSFT	F	4.41%	1.37%	1.37%
NVDA	C	5.66%	5.66%	5.66%
PINS	D	1.82%	2.53%	1.82%
SNAP	C	1.82%	3.02%	1.82%

FMET Overweight 27 Positions Relative to FDCF

Symbol	Grade	Weight
AMD	F	4.44%
QCOM	F	4.18%
INTC	D	4.09%
ADBE	C	4.08%
EQIX	A	3.47%
ADSK	A	3.32%
DLR	B	3.27%
EA	A	2.71%
TTWO	A	2.49%
RBLX	C	2.4%
PTC	A	2.24%
BSY	D	1.59%
GLOB	B	1.54%
ALTR	B	1.5%
U	C	1.25%
CRUS	D	1.05%
SMCI	F	1.05%
AMBA	B	0.99%
EXPI	C	0.76%
MOMO	D	0.73%
VNET	B	0.72%
WB	D	0.72%
FSLY	D	0.71%
DAVA	C	0.68%
PLTK	B	0.67%
HIMX	F	0.61%
HEAR	C	0.47%

FMET Underweight 27 Positions Relative to FDCF

Symbol	Grade	Weight
AMZN	C	-5.62%
SE	B	-4.91%
ANET	C	-4.87%
AMT	D	-4.68%
TMUS	B	-4.48%
TSM	B	-4.34%
LBRDA	C	-4.1%
PDD	F	-2.9%
TWLO	A	-2.78%
UBER	D	-2.47%
CDNS	B	-2.28%
CMCSA	B	-2.2%
NFLX	A	-2.08%
IOT	A	-1.88%
SPOT	B	-1.51%
BABA	D	-1.41%
ZM	B	-1.39%
NOW	A	-1.35%
PI	D	-1.3%
DOCU	A	-1.11%
DY	D	-1.09%
NXPI	D	-1.09%
SNPS	B	-1.04%
GOGO	C	-1.02%
NET	B	-1.01%
SATS	D	-0.71%
ON	D	-0.69%