KNCT vs. FDCF ETF Comparison

Comparison of Invesco Next Gen Connectivity ETF (KNCT) to Fidelity Disruptive Communications ETF (FDCF)

KNCT

Invesco Next Gen Connectivity ETF

KNCT Description

The fund generally will invest at least 90% of its total assets in securities that comprise the underlying index. The underlying index is composed of securities of companies with significant exposure to technologies or products that contribute to future connectivity through direct revenue. It is non-diversified.

Grade (RS Rating)

Last Trade

$102.92

Average Daily Volume

348

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDCF

Fidelity Disruptive Communications ETF

FDCF Description

The fund normally invests at least 80% of assets in securities of disruptive communications 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

$38.34

Average Daily Volume

6,310

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	KNCT	FDCF
30 Days	-2.30%	1.14%
60 Days	2.24%	7.92%
90 Days	2.90%	8.81%
12 Months	23.75%	40.92%

10 Overlapping Holdings

Symbol	Grade	Weight in KNCT	Weight in FDCF	Overlap
AAPL	C	7.83%	2.43%	2.43%
AMT	D	1.94%	4.68%	1.94%
ANET	C	2.21%	4.87%	2.21%
CDNS	B	1.56%	2.28%	1.56%
CMCSA	B	2.24%	2.2%	2.2%
DOCU	B	0.35%	1.11%	0.35%
DY	C	0.1%	1.09%	0.1%
NET	B	0.6%	1.01%	0.6%
SNPS	C	1.6%	1.04%	1.04%
TMUS	B	2.5%	4.48%	2.5%

KNCT Overweight 50 Positions Relative to FDCF

Symbol	Grade	Weight
AVGO	C	7.92%
CSCO	B	4.16%
QCOM	F	3.89%
VZ	C	3.68%
T	A	3.37%
ACN	C	2.97%
PANW	B	2.74%
INTC	C	2.19%
MU	D	1.96%
EQIX	A	1.82%
CRWD	B	1.7%
MRVL	B	1.68%
MSI	B	1.52%
FTNT	B	1.27%
DLR	A	1.17%
APH	B	1.16%
DDOG	A	0.87%
CHTR	B	0.79%
CCI	C	0.65%
MCHP	F	0.54%
NTAP	C	0.52%
SBAC	D	0.5%
MDB	C	0.46%
ZS	B	0.43%
KEYS	C	0.39%
NTNX	B	0.37%
ARM	F	0.36%
UMC	F	0.35%
DT	C	0.34%
COHR	B	0.33%
CHKP	D	0.33%
FFIV	B	0.3%
AKAM	F	0.29%
JNPR	D	0.27%
CYBR	A	0.27%
OKTA	D	0.26%
LBRDK	C	0.23%
CIEN	B	0.22%
CACI	C	0.22%
BAH	D	0.22%
WIT	B	0.21%
FYBR	C	0.19%
CHT	C	0.17%
LSCC	D	0.15%
CFLT	B	0.14%
RMBS	C	0.12%
QLYS	C	0.12%
KD	A	0.12%
TENB	D	0.11%
G	B	0.08%

KNCT Underweight 25 Positions Relative to FDCF

Symbol	Grade	Weight
NVDA	A	-5.66%
AMZN	B	-5.62%
GOOGL	B	-5.47%
SE	A	-4.91%
TSM	B	-4.34%
LBRDA	C	-4.1%
META	C	-3.08%
SNAP	D	-3.02%
PDD	D	-2.9%
TWLO	A	-2.78%
PINS	F	-2.53%
UBER	F	-2.47%
NFLX	A	-2.08%
IOT	A	-1.88%
SPOT	B	-1.51%
BABA	D	-1.41%
ZM	B	-1.39%
MSFT	D	-1.37%
NOW	B	-1.35%
PI	D	-1.3%
NXPI	F	-1.09%
GOGO	C	-1.02%
BMBL	C	-0.98%
SATS	C	-0.71%
ON	F	-0.69%