FTEC vs. QHDG ETF Comparison

Comparison of Fidelity MSCI Information Technology Index ETF (FTEC) to Innovator Hedged Nasdaq-100 ETF (QHDG)

FTEC

Fidelity MSCI Information Technology Index ETF

FTEC Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the MSCI USA IMI Information Technology Index. Investing at least 80% of assets in securities included in the fund's underlying index. The fund's underlying index is the MSCI USA IMI Information Technology Index, which represents the performance of the information technology sector in the U.S. equity market. It may or may not hold all of the securities in the MSCI USA IMI Information Technology Index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$171.17

Average Daily Volume

346,108

Number of Holdings ^*

279

* may have additional holdings in another (foreign) market

QHDG

Innovator Hedged Nasdaq-100 ETF

QHDG Description

The fund is an actively managed ETF that, under normal market circumstances, seeks to provide capital appreciation through exposure to the constituents in the Nasdaq-100® Index while providing a level of downside or "hedged" protection. It will invest at least 80% of its net assets in equity securities and option contracts that provide economic exposure to the Nasdaq-100.

Grade (RS Rating)

Last Trade

$25.28

Average Daily Volume

5,818

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FTEC	QHDG
30 Days	0.54%	1.58%
60 Days	7.97%
90 Days	-2.76%
12 Months	41.53%

36 Overlapping Holdings

Symbol	Grade	Weight in FTEC	Weight in QHDG	Overlap
AAPL	C	15.53%	9.03%	9.03%
ADBE	F	1.62%	1.57%	1.57%
ADI	C	0.77%	0.76%	0.76%
ADSK	B	0.44%	0.38%	0.38%
AMAT	B	1.08%	1.07%	1.07%
AMD	D	1.66%	1.69%	1.66%
ANSS	D	0.24%	0.2%	0.2%
AVGO	C	4.53%	5.29%	4.53%
CDNS	D	0.54%	0.49%	0.49%
CDW	D	0.25%	0.21%	0.21%
CRWD	D	0.46%	0.47%	0.46%
CSCO	A	1.41%	1.39%	1.39%
CTSH	B	0.31%	0.25%	0.25%
DDOG	D	0.26%	0.24%	0.24%
FTNT	A	0.38%	0.39%	0.38%
INTC	D	0.63%	0.62%	0.62%
INTU	F	1.23%	1.22%	1.22%
KLAC	B	0.71%	0.7%	0.7%
LRCX	D	0.7%	0.64%	0.64%
MCHP	F	0.33%	0.27%	0.27%
MDB	F	0.21%	0.13%	0.13%
MRVL	C	0.47%	0.43%	0.43%
MSFT	D	14.58%	8.35%	8.35%
MU	D	0.67%	0.67%	0.67%
NVDA	C	13.94%	7.37%	7.37%
NXPI	F	0.43%	0.4%	0.4%
ON	F	0.25%	0.2%	0.2%
PANW	D	0.77%	0.75%	0.75%
QCOM	D	1.27%	1.26%	1.26%
ROP	C	0.44%	0.38%	0.38%
SMCI	F	0.2%	0.16%	0.16%
SNPS	F	0.54%	0.5%	0.5%
TEAM	D	0.24%	0.18%	0.18%
TXN	C	1.22%	1.23%	1.22%
WDAY	D	0.41%	0.35%	0.35%
ZS	F	0.16%	0.17%	0.16%

FTEC Overweight 243 Positions Relative to QHDG

Symbol	Grade	Weight
ORCL	B	1.88%
CRM	B	1.72%
ACN	B	1.51%
IBM	B	1.34%
NOW	C	1.24%
ANET	A	0.67%
MSI	A	0.54%
PLTR	A	0.54%
APH	D	0.54%
FICO	A	0.37%
TEL	D	0.35%
MPWR	B	0.34%
IT	C	0.32%
GLW	B	0.29%
SNOW	F	0.27%
HPQ	C	0.27%
DELL	C	0.27%
KEYS	B	0.24%
APP	A	0.24%
NET	D	0.22%
HUBS	D	0.22%
FSLR	C	0.22%
TYL	B	0.22%
NTAP	D	0.21%
PTC	D	0.2%
TDY	A	0.2%
WDC	C	0.2%
MSTR	B	0.2%
HPE	B	0.2%
TER	C	0.19%
STX	B	0.19%
GDDY	D	0.19%
ZBRA	A	0.18%
ZM	C	0.18%
NTNX	C	0.17%
ENTG	D	0.17%
VRSN	B	0.17%
MANH	C	0.17%
TRMB	B	0.16%
ENPH	D	0.16%
SWKS	F	0.16%
AKAM	D	0.16%
DT	C	0.16%
GWRE	A	0.16%
FFIV	B	0.15%
PSTG	F	0.15%
COHR	B	0.14%
IOT	C	0.14%
FLEX	C	0.14%
DOCU	B	0.14%
JBL	D	0.14%
EPAM	F	0.14%
JNPR	B	0.14%
OKTA	F	0.13%
TWLO	B	0.13%
OLED	C	0.13%
ONTO	B	0.12%
CIEN	A	0.12%
SNX	C	0.12%
QRVO	F	0.12%
FN	B	0.11%
MKSI	F	0.11%
CGNX	F	0.11%
DBX	B	0.11%
CVLT	C	0.11%
ARW	C	0.11%
BOX	C	0.11%
BMI	A	0.11%
GTLB	D	0.11%
SPSC	D	0.11%
ZETA	B	0.11%
LSCC	D	0.11%
U	D	0.11%
SMAR	A	0.11%
BSY	D	0.11%
QTWO	C	0.1%
DXC	D	0.1%
AUR	C	0.1%
VNT	F	0.1%
HCP	B	0.1%
QLYS	F	0.1%
APPF	C	0.1%
BILL	D	0.1%
KD	F	0.1%
MTSI	B	0.1%
ITRI	C	0.1%
ACIW	B	0.1%
ALTR	B	0.1%
VRNS	C	0.1%
CRUS	D	0.1%
LFUS	C	0.1%
PATH	D	0.1%
NOVT	C	0.1%
PCOR	D	0.1%
S	C	0.1%
NSIT	B	0.1%
PI	B	0.1%
WK	D	0.09%
ESTC	F	0.09%
IDCC	A	0.09%
SANM	D	0.09%
PLXS	B	0.09%
SLAB	D	0.09%
BLKB	C	0.09%
LITE	A	0.09%
CWAN	C	0.09%
AVT	C	0.09%
MARA	F	0.09%
DLB	D	0.09%
BDC	B	0.09%
TENB	F	0.09%
CFLT	F	0.09%
ASGN	D	0.09%
FORM	F	0.08%
SYNA	D	0.08%
ACLS	F	0.08%
POWI	F	0.08%
CRDO	B	0.08%
AMKR	F	0.08%
RMBS	F	0.08%
AEIS	F	0.08%
NCNO	F	0.07%
ALRM	F	0.07%
SMTC	C	0.07%
FROG	F	0.07%
YOU	C	0.07%
BL	D	0.07%
PRFT	A	0.07%
SITM	B	0.07%
ALGM	F	0.07%
DIOD	F	0.07%
TDC	D	0.07%
CACC	F	0.07%
PEGA	B	0.07%
SQSP	A	0.07%
KLIC	D	0.06%
RNG	F	0.06%
OSIS	B	0.06%
DOCN	C	0.06%
INTA	C	0.06%
PRGS	B	0.06%
DV	F	0.06%
PLUS	C	0.06%
AI	F	0.06%
AGYS	D	0.06%
ALKT	D	0.05%
ROG	D	0.05%
TTMI	D	0.05%
VIAV	B	0.05%
MIR	B	0.05%
EXTR	C	0.05%
PAR	D	0.05%
FRSH	F	0.05%
VERX	A	0.05%
RIOT	F	0.05%
IPGP	D	0.05%
BRZE	F	0.05%
VSH	F	0.05%
AMBA	B	0.05%
CLSK	F	0.05%
FIVN	F	0.05%
CALX	C	0.05%
RPD	D	0.05%
CTS	B	0.04%
SPT	F	0.04%
NTCT	B	0.04%
INFN	C	0.04%
NSSC	F	0.04%
PLAB	D	0.04%
HLIT	C	0.04%
UCTT	D	0.04%
KN	C	0.04%
BHE	C	0.04%
PDFS	F	0.04%
VRNT	F	0.04%
RBRK	F	0.04%
INFA	D	0.04%
VECO	F	0.04%
RAMP	F	0.04%
WULF	C	0.03%
DGII	B	0.03%
ATEN	B	0.03%
SGH	D	0.03%
WOLF	F	0.03%
ASAN	F	0.03%
APPN	B	0.03%
SCSC	D	0.03%
VSAT	F	0.03%
JAMF	F	0.03%
ARLO	F	0.03%
MXL	F	0.03%
ENV	C	0.03%
ZUO	F	0.03%
COHU	F	0.03%
SEDG	F	0.03%
XRX	D	0.03%
SOUN	D	0.03%
PWSC	C	0.03%
OSPN	D	0.02%
BASE	F	0.02%
CIFR	D	0.02%
NTGR	C	0.02%
INDI	F	0.02%
DJCO	C	0.02%
HCKT	C	0.02%
SWI	C	0.02%
IBUY	A	0.02%
ETWO	F	0.02%
PRO	F	0.02%
YEXT	B	0.02%
BLND	C	0.02%
BELFB	B	0.02%
APLD	B	0.02%
ACMR	D	0.02%
GDYN	B	0.02%
AOSL	D	0.02%
PDFS	F	0.02%
CXM	F	0.02%
FSLY	D	0.02%
ICHR	D	0.02%
NABL	F	0.02%
CNXN	C	0.02%
RBBN	B	0.01%
VPG	F	0.01%
CRSR	D	0.01%
NNBR	B	0.01%
LWLG	F	0.01%
ENFN	C	0.01%
MEI	D	0.01%
WEAV	B	0.01%
BIGC	F	0.01%
MITK	F	0.01%
SEMR	C	0.01%
DMRC	F	0.01%
KE	F	0.01%
CLFD	D	0.01%
AAOI	D	0.01%
LASR	F	0.01%
OLO	F	0.01%
TWKS	B	0.01%
DAKT	D	0.01%
MLNK	F	0.01%
CEVA	B	0.01%

FTEC Underweight 65 Positions Relative to QHDG

Symbol	Grade	Weight
AMZN	C	-5.14%
META	A	-5.03%
TSLA	C	-2.97%
COST	C	-2.72%
GOOGL	B	-2.48%
GOOG	B	-2.39%
NFLX	A	-2.01%
TMUS	A	-1.56%
PEP	D	-1.56%
LIN	B	-1.51%
AMGN	D	-1.2%
ISRG	A	-1.16%
CMCSA	B	-1.05%
HON	C	-0.88%
REGN	D	-0.87%
VRTX	D	-0.81%
BKNG	C	-0.79%
ADP	A	-0.75%
SBUX	B	-0.72%
GILD	A	-0.7%
MELI	C	-0.67%
MDLZ	C	-0.66%
CTAS	B	-0.55%
PYPL	C	-0.54%
CEG	B	-0.53%
ASML	F	-0.49%
MAR	B	-0.47%
CSX	D	-0.46%
PDD	B	-0.45%
ORLY	A	-0.39%
ABNB	D	-0.38%
DASH	A	-0.36%
MNST	D	-0.36%
AEP	C	-0.36%
PCAR	D	-0.35%
KDP	C	-0.34%
ROST	C	-0.34%
TTD	C	-0.33%
CPRT	B	-0.33%
CHTR	D	-0.32%
PAYX	A	-0.32%
AZN	D	-0.3%
ODFL	D	-0.28%
KHC	D	-0.28%
EXC	A	-0.27%
FAST	B	-0.27%
GEHC	C	-0.27%
IDXX	D	-0.26%
CCEP	C	-0.25%
EA	D	-0.25%
VRSK	D	-0.25%
XEL	A	-0.24%
BKR	B	-0.24%
FANG	D	-0.21%
LULU	D	-0.21%
CSGP	F	-0.21%
DXCM	F	-0.19%
BIIB	F	-0.19%
MRNA	F	-0.17%
TTWO	F	-0.17%
ILMN	B	-0.14%
GFS	F	-0.14%
WBD	D	-0.13%
ARM	C	-0.11%
DLTR	F	-0.1%

FTEC: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Semiconductors Information Technology Services Semiconductor Equipment & Materials Communication Equipment Electronic Components Scientific & Technical Instruments Contract Manufacturers Data Storage Capital Markets Computer Systems Telecom Services Business Services Semiconductor Memory Computer Distribution Computer Hardware Consumer Electronics Diversified Industrials Electronics Distribution