GDOC vs. FMED ETF Comparison
Comparison of Goldman Sachs Future Health Care Equity ETF (GDOC) to Fidelity Disruptive Medicine ETF (FMED)
GDOC
Goldman Sachs Future Health Care Equity ETF
GDOC Description
Goldman Sachs Future Health Care Equity ETF is an exchange traded fund launched and managed by Goldman Sachs Asset Management, L.P. The fund invests in the public equity markets across the globe. It invests in stocks of companies operating across health care including genomics, precision medicine, technology-enabled procedures, and digital healthcare sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund employs fundamental analysis and quantitative with to create its portfolio. It seeks to benchmark the performance of its portfolio against the MSCI ACWI Health Care Index. The fund employs proprietary research to create its portfolio. Goldman Sachs Future Health Care Equity ETF was formed on November 9, 2021 and is domiciled in the United States.
Grade (RS Rating)
Last Trade
$32.98
Average Daily Volume
843
31
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
$25.22
Average Daily Volume
4,761
52
Performance
Period | GDOC | FMED |
---|---|---|
30 Days | -7.31% | -3.71% |
60 Days | -9.35% | -4.48% |
90 Days | -9.91% | -1.68% |
12 Months | 10.77% | 17.78% |
16 Overlapping Holdings
Symbol | Grade | Weight in GDOC | Weight in FMED | Overlap | |
---|---|---|---|---|---|
ALGN | D | 0.59% | 0.72% | 0.59% | |
ALNY | D | 1.55% | 2.9% | 1.55% | |
ANAB | F | 0.2% | 0.24% | 0.2% | |
ARGX | A | 2.05% | 3.27% | 2.05% | |
BSX | A | 7.57% | 6.26% | 6.26% | |
DHR | D | 3.47% | 3.8% | 3.47% | |
IRTC | C | 0.35% | 0.44% | 0.35% | |
ISRG | A | 5.94% | 4.42% | 4.42% | |
LLY | F | 10.15% | 1.78% | 1.78% | |
NTRA | A | 0.91% | 0.56% | 0.56% | |
PCVX | D | 0.6% | 1.13% | 0.6% | |
PODD | B | 4.9% | 4.44% | 4.44% | |
UNH | B | 5.35% | 4.7% | 4.7% | |
VEEV | C | 2.06% | 2.18% | 2.06% | |
WST | C | 1.27% | 1.01% | 1.01% | |
XENE | D | 0.46% | 1.17% | 0.46% |
GDOC Underweight 36 Positions Relative to FMED
Symbol | Grade | Weight | |
---|---|---|---|
REGN | F | -3.26% | |
SYK | A | -2.73% | |
EXAS | D | -2.72% | |
PEN | B | -2.64% | |
LFST | C | -2.41% | |
MASI | B | -2.01% | |
LEGN | D | -1.95% | |
EW | C | -1.95% | |
INSP | F | -1.92% | |
DXCM | C | -1.88% | |
TMO | D | -1.87% | |
PRCT | B | -1.65% | |
ZLAB | C | -1.54% | |
AGL | F | -1.43% | |
GKOS | A | -1.42% | |
RGEN | D | -1.34% | |
PRVA | C | -1.34% | |
KROS | D | -1.34% | |
JANX | C | -1.32% | |
RMD | C | -1.3% | |
CRNX | B | -1.23% | |
CYTK | D | -1.19% | |
DOCS | C | -1.14% | |
DYN | D | -1.13% | |
BRKR | F | -1.12% | |
TNDM | D | -1.0% | |
PHR | F | -0.99% | |
CNC | F | -0.98% | |
ASND | F | -0.88% | |
VRTX | D | -0.84% | |
TXG | F | -0.63% | |
ACLX | C | -0.45% | |
DNLI | D | -0.45% | |
NRIX | C | -0.44% | |
DAWN | D | -0.41% | |
BNTX | D | -0.4% |
GDOC: Top Represented Industries & Keywords
FMED: Top Represented Industries & Keywords