MEMS vs. FMED ETF Comparison
Comparison of Matthews Emerging Markets Discovery Active ETF (MEMS) to Fidelity Disruptive Medicine ETF (FMED)
MEMS
Matthews Emerging Markets Discovery Active ETF
MEMS Description
MEMS aims to capitalize on growth opportunities within the emerging market space, including frontier markets. With a primary focus on small companies, the fund allocates at least 65% of its assets to the common and preferred stocks of these enterprises, with the remaining portion comprising mid-cap companies. The fund seeks sustainable growth based on fundamental characteristics such as balance sheet strength, employee count, cash flow stability, management quality, product lines, marketing strategies, corporate governance, and financial health. Additionally, exclusionary ESG screens may be employed to avoid controversial businesses, such as tobacco, weapons, and fossil fuels. The fund issuer may engage with its portfolio companies on sustainability and governance matters through active dialogue, exercising shareholder rights, and encouraging enhanced ESG disclosure and implementation. Up to 20% of the fund's assets may be invested in developed market companies, including ADRs and GDRs.
Grade (RS Rating)
Last Trade
$25.35
Average Daily Volume
5,764
3
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
$25.74
Average Daily Volume
4,900
52
Performance
| Period | MEMS | FMED |
|---|---|---|
| 30 Days | -6.23% | -1.11% |
| 60 Days | -2.10% | -1.07% |
| 90 Days | 2.20% | 3.68% |
| 12 Months | 25.02% |
1 Overlapping Holdings
| Symbol | Grade | Weight in MEMS | Weight in FMED | Overlap | |
|---|---|---|---|---|---|
| LEGN | F | 3.31% | 2.21% | 2.21% |
MEMS Underweight 51 Positions Relative to FMED
| Symbol | Grade | Weight | |
|---|---|---|---|
| BSX | C | -5.99% | |
| UNH | C | -4.41% | |
| ISRG | B | -4.27% | |
| DHR | D | -3.86% | |
| PODD | A | -3.85% | |
| EXAS | A | -3.82% | |
| REGN | F | -3.78% | |
| ALNY | C | -3.12% | |
| ARGX | A | -3.04% | |
| SYK | A | -2.58% | |
| PEN | A | -2.39% | |
| LFST | C | -2.3% | |
| INSP | D | -2.09% | |
| EW | D | -2.03% | |
| VEEV | B | -2.03% | |
| TMO | D | -1.92% | |
| AGL | F | -1.9% | |
| LLY | F | -1.88% | |
| DXCM | C | -1.88% | |
| MASI | A | -1.8% | |
| PRCT | A | -1.68% | |
| ZLAB | B | -1.61% | |
| JANX | A | -1.44% | |
| GKOS | B | -1.39% | |
| RMD | A | -1.35% | |
| KROS | A | -1.28% | |
| PCVX | C | -1.26% | |
| RGEN | D | -1.23% | |
| BRKR | D | -1.18% | |
| XENE | C | -1.18% | |
| CRNX | B | -1.17% | |
| PRVA | B | -1.16% | |
| TNDM | F | -1.11% | |
| CYTK | F | -1.1% | |
| CNC | D | -1.06% | |
| DYN | F | -0.98% | |
| WST | B | -0.93% | |
| DOCS | A | -0.92% | |
| ASND | F | -0.87% | |
| PHR | F | -0.83% | |
| VRTX | D | -0.82% | |
| ALGN | F | -0.71% | |
| TXG | F | -0.7% | |
| NTRA | B | -0.45% | |
| BNTX | B | -0.42% | |
| DNLI | C | -0.41% | |
| IRTC | C | -0.39% | |
| ACLX | B | -0.39% | |
| ANAB | F | -0.26% | |
| NRIX | B | -0.19% | |
| DAWN | A | -0.12% |
MEMS: Top Represented Industries & Keywords
FMED: Top Represented Industries & Keywords
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