IAI vs. FDFF ETF Comparison

Comparison of iShares U.S. Broker-Dealers ETF (IAI) to Fidelity Disruptive Finance ETF (FDFF)
IAI

iShares U.S. Broker-Dealers ETF

IAI Description

The investment seeks to track the investment results of an index composed of U.S. equities in the investment services sector. The fund generally invests at least 90% of its assets in securities of the underlying index and in depositary receipts representing securities of the index. It seeks to track the investment results of the Dow Jones U.S. Select Investment Services Index (the "underlying index"), which measures the performance of the investment services sector of the U.S. equity market. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$151.32

Average Daily Volume

101,301

Number of Holdings *

32

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

Fidelity Disruptive Finance ETF

FDFF Description The fund normally invests at least 80% of assets in securities of disruptive finance 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

$37.70

Average Daily Volume

2,380

Number of Holdings *

33

* may have additional holdings in another (foreign) market
Performance
Period IAI FDFF
30 Days 10.55% 9.01%
60 Days 18.10% 14.00%
90 Days 19.69% 16.82%
12 Months 57.52% 43.70%
7 Overlapping Holdings
Symbol Grade Weight in IAI Weight in FDFF Overlap
CBOE C 2.48% 1.47% 1.47%
COIN C 6.64% 2.0% 2.0%
ICE C 3.67% 2.9% 2.9%
MKTX D 1.2% 1.16% 1.16%
MSCI C 4.03% 1.06% 1.06%
TW A 1.8% 1.48% 1.48%
VIRT A 0.37% 0.99% 0.37%
IAI Overweight 25 Positions Relative to FDFF
Symbol Grade Weight
GS A 14.35%
MS A 12.73%
SPGI C 12.62%
SCHW B 4.88%
NDAQ A 3.87%
CME B 3.82%
MCO B 3.78%
RJF A 3.56%
LPLA A 2.81%
HOOD B 2.74%
IBKR A 2.32%
FDS B 2.25%
JEF A 1.44%
SF B 1.43%
EVR B 1.29%
HLI A 1.18%
MORN B 1.11%
LAZ B 0.76%
PIPR A 0.64%
PJT A 0.47%
MC C 0.47%
BGC C 0.43%
SNEX B 0.33%
DFIN D 0.2%
LPRO B 0.08%
IAI Underweight 26 Positions Relative to FDFF
Symbol Grade Weight
BLK B -5.78%
APO B -5.71%
V A -5.36%
MA B -5.06%
COF C -5.03%
FLYW B -4.39%
MSTR B -3.84%
EFX F -3.33%
TOST B -2.83%
SQ A -2.07%
OWL A -2.06%
DLO C -2.0%
FI A -1.83%
NRDS C -1.38%
ARES A -1.34%
CASH B -1.15%
VRSK A -1.1%
NU C -1.09%
BILL A -1.03%
PFSI C -0.96%
AMH C -0.9%
FOUR A -0.89%
ALLY C -0.85%
MELI C -0.81%
RPAY D -0.68%
UWMC D -0.59%
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