FTEC vs. QRMI ETF Comparison

Comparison of Fidelity MSCI Information Technology Index ETF (FTEC) to Global X NASDAQ 100 Risk Managed Income ETF (QRMI)

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

$184.40

Average Daily Volume

202,075

Number of Holdings ^*

276

* may have additional holdings in another (foreign) market

QRMI

Global X NASDAQ 100 Risk Managed Income ETF

QRMI Description

Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF is an exchange traded fund launched and managed by Global X Management Company LLC. The fund invests in the public equity markets of the United States. It takes long and short positions to invest directly and through derivatives such as options in stocks of companies operating across non-financial companies sectors. The fund invests in growth and value stocks of large-cap companies. It seeks to track the performance of the Nasdaq-100 Monthly Net Credit Collar 95-100 Index, by using full replication technique. Global X Funds - Global X NASDAQ 100 Risk Managed Income ETF was formed on August 25, 2021 and is domiciled in the United States.

Grade (RS Rating)

Last Trade

$17.27

Average Daily Volume

8,296

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	FTEC	QRMI
30 Days	2.01%	1.72%
60 Days	9.10%	3.77%
90 Days	8.74%	3.96%
12 Months	37.69%	12.49%

36 Overlapping Holdings

Symbol	Grade	Weight in FTEC	Weight in QRMI	Overlap
AAPL	C	14.81%	8.56%	8.56%
ADBE	C	1.41%	1.46%	1.41%
ADI	F	0.72%	0.73%	0.72%
ADSK	A	0.45%	0.43%	0.43%
AMAT	F	1.02%	1.0%	1.0%
AMD	F	1.48%	1.53%	1.48%
ANSS	B	0.24%	0.19%	0.19%
AVGO	C	4.6%	5.43%	4.6%
CDNS	B	0.54%	0.54%	0.54%
CDW	F	0.21%	0.18%	0.18%
CRWD	B	0.51%	0.5%	0.5%
CSCO	A	1.46%	1.52%	1.46%
CTSH	A	0.3%	0.25%	0.25%
DDOG	B	0.27%	0.26%	0.26%
FTNT	B	0.38%	0.4%	0.38%
INTC	C	0.72%	0.69%	0.69%
INTU	A	1.17%	1.18%	1.17%
KLAC	F	0.6%	0.61%	0.6%
LRCX	F	0.67%	0.65%	0.65%
MCHP	F	0.28%	0.25%	0.25%
MDB	C	0.19%	0.14%	0.14%
MRVL	B	0.55%	0.51%	0.51%
MSFT	C	13.03%	7.89%	7.89%
MU	D	0.79%	0.8%	0.79%
NVDA	B	16.11%	9.03%	9.03%
NXPI	F	0.4%	0.39%	0.39%
ON	F	0.23%	0.21%	0.21%
PANW	A	0.78%	0.81%	0.78%
QCOM	F	1.19%	1.25%	1.19%
ROP	A	0.41%	0.41%	0.41%
SMCI	F	0.1%	0.09%	0.09%
SNPS	B	0.57%	0.56%	0.56%
TEAM	B	0.3%	0.24%	0.24%
TXN	C	1.21%	1.28%	1.21%
WDAY	B	0.38%	0.36%	0.36%
ZS	B	0.16%	0.2%	0.16%

FTEC Overweight 240 Positions Relative to QRMI

Symbol	Grade	Weight
CRM	B	1.88%
ORCL	A	1.87%
ACN	C	1.4%
NOW	A	1.28%
IBM	C	1.2%
PLTR	B	0.75%
ANET	C	0.73%
APH	B	0.58%
MSI	B	0.52%
APP	B	0.47%
FICO	B	0.38%
MSTR	B	0.36%
IT	A	0.31%
GLW	C	0.3%
DELL	B	0.3%
MPWR	F	0.27%
SNOW	C	0.27%
HPQ	B	0.27%
HUBS	B	0.26%
KEYS	C	0.24%
HPE	B	0.23%
NET	B	0.23%
GDDY	A	0.21%
TYL	B	0.21%
PTC	B	0.2%
ZM	B	0.2%
WDC	D	0.2%
TDY	A	0.2%
NTAP	D	0.2%
ZBRA	A	0.19%
TWLO	A	0.18%
TRMB	B	0.18%
COHR	B	0.18%
NTNX	B	0.18%
STX	D	0.18%
JBL	C	0.17%
GEN	A	0.17%
MANH	C	0.17%
FLEX	B	0.17%
GWRE	A	0.17%
FSLR	F	0.17%
DOCU	B	0.17%
VRSN	C	0.16%
EPAM	B	0.15%
PSTG	D	0.15%
TER	F	0.15%
ENTG	D	0.15%
AKAM	F	0.15%
FFIV	A	0.15%
DT	C	0.15%
IOT	B	0.14%
ZETA	D	0.13%
JNPR	D	0.13%
CIEN	B	0.13%
SWKS	F	0.13%
GTLB	B	0.12%
BILL	A	0.12%
SNX	C	0.12%
OKTA	C	0.12%
QTWO	A	0.12%
MTSI	B	0.12%
CRDO	B	0.12%
VNT	B	0.11%
LITE	A	0.11%
ALTR	C	0.11%
KD	A	0.11%
ITRI	B	0.11%
RMBS	B	0.11%
CGNX	C	0.11%
BSY	F	0.11%
QLYS	B	0.11%
SMAR	A	0.11%
DBX	B	0.11%
ACIW	B	0.11%
CVLT	A	0.11%
CWAN	B	0.11%
LSCC	D	0.11%
U	F	0.11%
S	B	0.11%
FN	B	0.11%
CFLT	B	0.11%
PCOR	B	0.11%
SPSC	D	0.1%
AUR	D	0.1%
NOVT	C	0.1%
SANM	B	0.1%
ONTO	F	0.1%
PATH	C	0.1%
BOX	A	0.1%
MARA	C	0.1%
MKSI	C	0.1%
BDC	C	0.1%
BMI	B	0.1%
PI	D	0.1%
PLXS	C	0.1%
IDCC	B	0.1%
OLED	F	0.1%
HCP	A	0.09%
DLB	C	0.09%
TENB	C	0.09%
APPF	B	0.09%
ESTC	C	0.09%
AEIS	C	0.09%
ASGN	C	0.09%
VRNS	D	0.09%
DXC	B	0.09%
AVT	C	0.09%
ENPH	F	0.09%
ARW	F	0.09%
WK	B	0.09%
LFUS	D	0.09%
SITM	B	0.09%
SMTC	B	0.08%
CRUS	F	0.08%
NSIT	F	0.08%
QRVO	F	0.08%
BLKB	C	0.08%
POWI	C	0.08%
RIOT	B	0.08%
SLAB	F	0.08%
NCNO	B	0.08%
PEGA	A	0.08%
VERX	B	0.07%
TDC	D	0.07%
RNG	B	0.07%
DV	C	0.07%
PRGS	A	0.07%
DIOD	F	0.07%
AGYS	B	0.07%
SYNA	D	0.07%
FRSH	B	0.07%
AMKR	F	0.07%
MIR	C	0.07%
AI	B	0.07%
FORM	F	0.07%
FROG	C	0.07%
INTA	B	0.07%
BL	B	0.07%
CLSK	C	0.07%
AMBA	C	0.06%
OSIS	B	0.06%
FIVN	C	0.06%
IPGP	C	0.06%
TTMI	B	0.06%
RPD	C	0.06%
PLUS	F	0.06%
ALGM	F	0.06%
ACLS	F	0.06%
KLIC	C	0.06%
ALRM	C	0.06%
CXT	D	0.06%
SOUN	C	0.05%
VYX	B	0.05%
VSH	F	0.05%
BRZE	C	0.05%
CALX	F	0.05%
WULF	C	0.05%
EXTR	B	0.05%
ALKT	B	0.05%
DOCN	D	0.05%
PAR	B	0.05%
RBRK	B	0.05%
VIAV	B	0.05%
YOU	D	0.05%
SPT	C	0.04%
NTCT	B	0.04%
VECO	F	0.04%
PLAB	C	0.04%
KN	B	0.04%
UCTT	F	0.04%
CTS	B	0.04%
INFA	D	0.04%
PD	C	0.04%
BHE	C	0.04%
ROG	D	0.04%
RAMP	C	0.04%
FSLY	D	0.03%
JAMF	F	0.03%
ICHR	C	0.03%
ATEN	B	0.03%
MXL	C	0.03%
ENV	B	0.03%
ARLO	D	0.03%
SCSC	B	0.03%
DGII	B	0.03%
ASAN	C	0.03%
HLIT	D	0.03%
ZUO	B	0.03%
APPN	B	0.03%
COHU	C	0.03%
CIFR	B	0.03%
NSSC	F	0.03%
INFN	C	0.03%
VRNT	D	0.03%
AAOI	B	0.02%
AOSL	F	0.02%
LASR	D	0.02%
NTGR	B	0.02%
CEVA	B	0.02%
SWI	B	0.02%
BASE	C	0.02%
DJCO	B	0.02%
VSAT	F	0.02%
HCKT	B	0.02%
IBUY	A	0.02%
SEDG	F	0.02%
YEXT	A	0.02%
BLND	B	0.02%
BELFB	C	0.02%
NABL	F	0.02%
CXM	C	0.02%
PRO	C	0.02%
CNXN	C	0.02%
ACMR	D	0.02%
PDFS	C	0.02%
APLD	D	0.02%
WOLF	F	0.02%
GDYN	B	0.02%
XRX	F	0.02%
VPG	F	0.01%
CRSR	C	0.01%
MEI	F	0.01%
ENFN	B	0.01%
RBBN	B	0.01%
BIGC	C	0.01%
SEMR	C	0.01%
CLFD	F	0.01%
MITK	C	0.01%
LWLG	D	0.01%
WEAV	B	0.01%
TWKS	B	0.01%
ETWO	D	0.01%
DMRC	C	0.01%
KE	C	0.01%
MLNK	C	0.01%
INDI	C	0.01%
OLO	B	0.01%
NNBR	D	0.01%
DAKT	B	0.01%
OSPN	A	0.01%

FTEC Underweight 65 Positions Relative to QRMI

Symbol	Grade	Weight
AMZN	A	-5.49%
META	B	-5.02%
TSLA	B	-3.52%
GOOGL	B	-2.61%
COST	B	-2.6%
GOOG	B	-2.51%
NFLX	A	-2.18%
TMUS	A	-1.76%
PEP	D	-1.47%
LIN	D	-1.44%
ISRG	A	-1.19%
CMCSA	B	-1.13%
AMGN	F	-1.12%
BKNG	A	-1.07%
HON	B	-0.91%
VRTX	B	-0.83%
ADP	A	-0.81%
GILD	C	-0.74%
MELI	D	-0.71%
SBUX	B	-0.71%
CTAS	A	-0.58%
REGN	F	-0.57%
MDLZ	F	-0.57%
PYPL	A	-0.54%
MAR	A	-0.52%
PDD	F	-0.52%
CEG	D	-0.49%
ORLY	A	-0.48%
CSX	B	-0.46%
DASH	A	-0.42%
ABNB	C	-0.41%
ASML	F	-0.41%
CHTR	B	-0.39%
PCAR	B	-0.39%
TTD	B	-0.36%
FANG	D	-0.35%
MNST	B	-0.34%
CPRT	A	-0.34%
PAYX	B	-0.34%
ODFL	B	-0.33%
AEP	D	-0.33%
FAST	A	-0.31%
ROST	F	-0.3%
KDP	D	-0.29%
EA	A	-0.27%
BKR	B	-0.27%
KHC	F	-0.26%
VRSK	A	-0.26%
EXC	C	-0.25%
GEHC	F	-0.25%
XEL	A	-0.24%
AZN	F	-0.24%
LULU	C	-0.24%
CCEP	C	-0.23%
IDXX	D	-0.23%
CSGP	D	-0.2%
TTWO	A	-0.19%
DXCM	C	-0.18%
GFS	C	-0.17%
BIIB	F	-0.17%
ILMN	C	-0.16%
WBD	B	-0.14%
MRNA	F	-0.13%
ARM	D	-0.12%
DLTR	F	-0.09%

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 Computer Distribution Computer Hardware Consumer Electronics Diversified Industrials Electronics Distribution Internet Content & Information