JFWD vs. FDEM ETF Comparison

Comparison of Jacob Funds Inc. Jacob Forward ETF (JFWD) to Fidelity Targeted Emerging Markets Factor ETF (FDEM)

JFWD

Jacob Funds Inc. Jacob Forward ETF

JFWD Description

The Jacob Forward ETF is an exchange-traded fund incorporated in the US. This fund seeks long-term growth of capital. The Fund seeks to achieve its investment objective by investing in common stocks and other equity securities of companies of all sizes. The Fund may have significant exposure to the information technology sector.

Grade (RS Rating)

Last Trade

$12.15

Average Daily Volume

461

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDEM

Fidelity Targeted Emerging Markets Factor ETF

FDEM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Targeted International Factor Index℠. The fund invests at least 80% of its assets in securities included in the index and in depository receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization developed international companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader developed international equity market, and lower correlation to the U.S. equity market.

Grade (RS Rating)

Last Trade

$25.73

Average Daily Volume

31,140

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	JFWD	FDEM
30 Days	11.96%	-3.18%
60 Days	11.62%	-0.98%
90 Days	13.54%	-1.44%
12 Months	45.25%	16.27%

1 Overlapping Holdings

	Symbol	Grade	Weight in JFWD	Weight in FDEM	Overlap
	ATHM	C	0.84%	0.5%	0.5%

JFWD Overweight 33 Positions Relative to FDEM

Symbol	Grade	Weight
HROW	D	7.97%
PRCH	B	5.13%
Z	A	5.02%
AIOT	B	4.98%
CDNA	D	4.82%
ATEC	C	4.72%
ESPR	B	4.67%
SQ	A	4.64%
DKNG	B	4.61%
DOCS	C	4.54%
INSE	C	4.5%
MDB	B	3.92%
NET	B	3.34%
BRZE	C	3.25%
TELA	D	3.1%
HRTX	F	2.78%
CFLT	B	2.65%
CDXS	B	2.59%
OPRX	F	2.53%
KRYS	C	2.46%
SOFI	B	2.22%
PHR	F	2.08%
COIN	C	2.01%
IMMR	C	1.14%
FLUT	A	1.05%
IDYA	F	0.97%
BEAM	D	0.96%
CELC	F	0.77%
HUYA	F	0.74%
ARCT	F	0.67%
CRSP	D	0.64%
PI	D	0.59%
APPS	F	0.18%

JFWD Underweight 12 Positions Relative to FDEM

Symbol	Grade	Weight
BABA	D	-1.37%
PDD	F	-0.85%
BIDU	F	-0.64%
CHT	C	-0.57%
BCH	C	-0.38%
TCOM	B	-0.32%
VALE	F	-0.28%
YUMC	C	-0.18%
WIT	B	-0.17%
VIPS	F	-0.1%
MNSO	D	-0.09%
LPL	D	-0.03%