KNCT vs. FMDE ETF Comparison

Comparison of Invesco Next Gen Connectivity ETF (KNCT) to Fidelity Enhanced Mid Cap ETF (FMDE)

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

FMDE

Fidelity Enhanced Mid Cap ETF

FMDE Description

The fund will normally invest at least 80% of assets in common stocks included in the Russell Midcap® Index, which is a market capitalization-weighted index designed to measure the performance of the mid-cap segment of the U.S. equity market. The adviser will generally use computer-aided, quantitative analysis of historical valuation, growth, profitability, and other factors to select a broadly diversified group of stocks that may have the potential to provide a higher total return than that of the index. It will invest in domestic and foreign issuers.

Grade (RS Rating)

Last Trade

$33.97

Average Daily Volume

147,030

Number of Holdings ^*

284

* may have additional holdings in another (foreign) market

Performance

Period	KNCT	FMDE
30 Days	-2.30%	2.94%
60 Days	2.24%	6.92%
90 Days	2.90%	9.98%
12 Months	23.75%	35.75%

14 Overlapping Holdings

Symbol	Grade	Weight in KNCT	Weight in FMDE	Overlap
AKAM	F	0.29%	0.03%	0.03%
AMT	D	1.94%	0.05%	0.05%
BAH	D	0.22%	0.34%	0.22%
CACI	C	0.22%	0.6%	0.22%
CCI	C	0.65%	0.58%	0.58%
DOCU	B	0.35%	0.7%	0.35%
FFIV	B	0.3%	0.54%	0.3%
KD	A	0.12%	0.15%	0.12%
LSCC	D	0.15%	0.01%	0.01%
MCHP	F	0.54%	0.08%	0.08%
MSI	B	1.52%	0.5%	0.5%
NTAP	C	0.52%	0.63%	0.52%
NTNX	B	0.37%	0.34%	0.34%
SBAC	D	0.5%	0.22%	0.22%

KNCT Overweight 46 Positions Relative to FMDE

Symbol	Grade	Weight
AVGO	C	7.92%
AAPL	C	7.83%
CSCO	B	4.16%
QCOM	F	3.89%
VZ	C	3.68%
T	A	3.37%
ACN	C	2.97%
PANW	B	2.74%
TMUS	B	2.5%
CMCSA	B	2.24%
ANET	C	2.21%
INTC	C	2.19%
MU	D	1.96%
EQIX	A	1.82%
CRWD	B	1.7%
MRVL	B	1.68%
SNPS	C	1.6%
CDNS	B	1.56%
FTNT	B	1.27%
DLR	A	1.17%
APH	B	1.16%
DDOG	A	0.87%
CHTR	B	0.79%
NET	B	0.6%
MDB	C	0.46%
ZS	B	0.43%
KEYS	C	0.39%
ARM	F	0.36%
UMC	F	0.35%
DT	C	0.34%
COHR	B	0.33%
CHKP	D	0.33%
JNPR	D	0.27%
CYBR	A	0.27%
OKTA	D	0.26%
LBRDK	C	0.23%
CIEN	B	0.22%
WIT	B	0.21%
FYBR	C	0.19%
CHT	C	0.17%
CFLT	B	0.14%
RMBS	C	0.12%
QLYS	C	0.12%
TENB	D	0.11%
DY	C	0.1%
G	B	0.08%

KNCT Underweight 270 Positions Relative to FMDE

Symbol	Grade	Weight
WMB	A	-1.08%
SQ	A	-0.96%
BK	B	-0.96%
SPG	A	-0.92%
VST	A	-0.89%
CMI	A	-0.89%
HWM	A	-0.88%
MSCI	B	-0.84%
PRU	B	-0.82%
TOST	A	-0.77%
VEEV	C	-0.77%
LDOS	C	-0.76%
RJF	A	-0.76%
RBLX	B	-0.76%
UAL	A	-0.76%
ROST	D	-0.76%
ZM	B	-0.75%
CVNA	A	-0.75%
KR	B	-0.74%
CAH	B	-0.74%
EXPE	B	-0.73%
LYFT	C	-0.72%
WTW	B	-0.72%
EA	A	-0.71%
STT	B	-0.7%
CSGP	F	-0.67%
NVR	D	-0.66%
HPE	B	-0.66%
AXON	A	-0.65%
TWLO	A	-0.65%
KEY	B	-0.64%
PPG	F	-0.64%
CCL	A	-0.64%
HUBS	B	-0.63%
CW	B	-0.63%
EQH	B	-0.63%
NRG	B	-0.63%
CLX	A	-0.62%
INCY	C	-0.62%
TOL	B	-0.61%
NUE	D	-0.61%
FIS	C	-0.61%
APP	A	-0.6%
TXT	D	-0.6%
VICI	C	-0.6%
EIX	C	-0.59%
HUBB	B	-0.59%
SSNC	C	-0.59%
AIZ	A	-0.59%
LNG	A	-0.58%
ALLE	D	-0.58%
DBX	C	-0.58%
DHI	D	-0.58%
AMP	A	-0.58%
COR	B	-0.58%
DD	D	-0.57%
MANH	D	-0.56%
CNC	F	-0.56%
ALL	A	-0.56%
IDXX	F	-0.56%
MPWR	F	-0.55%
TRGP	A	-0.54%
PYPL	B	-0.54%
GILD	C	-0.54%
DKNG	B	-0.54%
EXEL	B	-0.53%
CTAS	B	-0.53%
FTV	D	-0.53%
GL	C	-0.53%
PEGA	B	-0.52%
DCI	B	-0.52%
GRMN	B	-0.52%
UNM	A	-0.51%
MEDP	D	-0.51%
CNP	A	-0.5%
SYF	B	-0.5%
CCK	D	-0.49%
GAP	D	-0.49%
ALSN	B	-0.48%
LNW	F	-0.48%
AMH	C	-0.48%
BWXT	A	-0.47%
STLD	B	-0.47%
NBIX	C	-0.47%
TT	A	-0.47%
TDC	D	-0.47%
BERY	D	-0.46%
SWKS	F	-0.46%
BURL	A	-0.46%
NYT	D	-0.46%
CRUS	F	-0.45%
ECL	D	-0.45%
UHS	D	-0.45%
TPR	B	-0.45%
AXTA	B	-0.45%
SNX	D	-0.44%
PSA	C	-0.44%
HLT	A	-0.44%
VMC	B	-0.43%
NDAQ	A	-0.43%
BRX	A	-0.43%
WAB	B	-0.43%
ANF	C	-0.43%
NVT	C	-0.42%
GWW	B	-0.42%
IGT	F	-0.41%
CL	D	-0.4%
EVRG	A	-0.4%
SOLV	F	-0.4%
CPNG	D	-0.39%
UTHR	C	-0.39%
HIG	B	-0.39%
PCAR	C	-0.39%
PLTR	A	-0.38%
EEFT	C	-0.38%
FIX	A	-0.38%
AM	A	-0.38%
VMI	B	-0.37%
KLAC	F	-0.37%
QRVO	F	-0.36%
PCG	A	-0.36%
IQV	F	-0.36%
RNG	C	-0.35%
HXL	F	-0.35%
LPX	B	-0.34%
BRO	B	-0.34%
SEE	D	-0.34%
EBAY	D	-0.33%
Z	A	-0.33%
GIS	F	-0.33%
ZION	B	-0.33%
AYI	B	-0.32%
WU	F	-0.32%
WCC	B	-0.32%
BLD	F	-0.32%
EME	A	-0.31%
CPAY	A	-0.31%
DVN	F	-0.3%
RS	B	-0.3%
GDDY	A	-0.29%
PLTK	B	-0.29%
A	F	-0.28%
LEN	D	-0.28%
EQR	C	-0.28%
ELAN	D	-0.28%
BMY	A	-0.27%
RGA	B	-0.27%
IFF	D	-0.27%
MTDR	C	-0.27%
XEL	A	-0.27%
ZBRA	B	-0.26%
CBOE	C	-0.26%
BILL	B	-0.26%
GLPI	C	-0.26%
ZG	A	-0.26%
LHX	B	-0.25%
FANG	D	-0.25%
AME	A	-0.25%
INGR	B	-0.25%
PCTY	B	-0.23%
GTES	A	-0.23%
SEIC	B	-0.23%
MTB	A	-0.22%
HII	F	-0.22%
OC	A	-0.22%
CFG	B	-0.22%
FLS	A	-0.21%
HES	B	-0.21%
TW	A	-0.21%
DFS	B	-0.21%
HRB	D	-0.21%
KMB	C	-0.21%
NOC	D	-0.2%
CDW	F	-0.2%
DXCM	C	-0.19%
DKS	D	-0.19%
ADTN	A	-0.19%
GPN	C	-0.19%
MKTX	D	-0.19%
BLDR	D	-0.19%
ACM	B	-0.18%
RCL	A	-0.18%
NWSA	B	-0.18%
DASH	A	-0.16%
USFD	A	-0.16%
WWD	B	-0.16%
SAM	C	-0.15%
KMI	A	-0.14%
TPL	A	-0.14%
REG	A	-0.13%
ANSS	B	-0.13%
ATI	C	-0.13%
DUOL	A	-0.13%
MORN	B	-0.12%
ITT	A	-0.12%
FTI	A	-0.12%
CHDN	C	-0.12%
AES	F	-0.12%
CINF	A	-0.12%
CBSH	A	-0.11%
IBKR	A	-0.11%
EXC	C	-0.11%
COIN	A	-0.11%
GEHC	D	-0.11%
NWS	A	-0.11%
SYY	D	-0.11%
LUV	B	-0.1%
CTRA	B	-0.1%
ROP	C	-0.1%
WSM	D	-0.1%
VLTO	C	-0.1%
ACGL	D	-0.09%
LPLA	A	-0.09%
AWK	C	-0.09%
WBD	B	-0.08%
LEG	F	-0.08%
MGM	D	-0.08%
AXS	A	-0.08%
ES	C	-0.08%
ADM	D	-0.07%
JHG	B	-0.07%
KEX	B	-0.07%
VSTS	F	-0.07%
MSA	D	-0.07%
DGX	A	-0.06%
FR	C	-0.06%
CI	D	-0.06%
VIRT	A	-0.06%
WDAY	C	-0.06%
TNL	B	-0.06%
L	A	-0.06%
TXRH	B	-0.06%
TXG	F	-0.06%
CWEN	C	-0.06%
CSL	C	-0.05%
AFG	A	-0.05%
NTRA	A	-0.05%
WEN	C	-0.05%
EGP	D	-0.05%
PHM	D	-0.05%
DAL	A	-0.05%
DTE	C	-0.05%
OGE	A	-0.04%
CWEN	C	-0.04%
BIIB	F	-0.04%
ULTA	F	-0.04%
K	B	-0.04%
BBY	D	-0.03%
EPR	D	-0.03%
DOC	D	-0.03%
REYN	D	-0.03%
CNM	C	-0.03%
SF	B	-0.03%
CBRE	B	-0.03%
BMRN	F	-0.03%
QGEN	F	-0.02%
JAZZ	C	-0.02%
AFL	C	-0.02%
POST	C	-0.02%
OVV	C	-0.02%
AJG	B	-0.02%
ED	C	-0.02%
MRO	A	-0.02%
HAL	C	-0.02%
CF	A	-0.02%
STAG	D	-0.01%
HPQ	B	-0.01%
HOOD	A	-0.01%
SWK	F	-0.01%
ARW	F	-0.01%