MOAT vs. FDWM ETF Comparison

Comparison of Market Vectors Wide Moat ETF (MOAT) to Fidelity Women's Leadership ETF (FDWM)

MOAT

Market Vectors Wide Moat ETF

MOAT Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MorningstarÂ® Wide Moat Focus IndexSM (the "Wide Moat Index"). The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of securities issued by companies that Morningstar, Inc. ("Morningstar" or the "Wide Moat Index Provider") determines have sustainable competitive advantages based on a proprietary methodology that considers quantitative and qualitative factors ("wide moat companies"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$97.45

Average Daily Volume

661,978

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDWM

Fidelity Women's Leadership ETF

FDWM Description

The investment seeks long-term growth of capital. The Advisor normally invests at least 80% of assets in equity securities of companies that prioritize and advance women's leadership and development. The Adviser may invest the fund's assets in securities of foreign issuers in addition to securities of domestic issuers. The fund may invest a significant percentage of its assets in relatively few companies and may invest up to 25% in a single company. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$23.72

Average Daily Volume

241

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

Performance

Period	MOAT	FDWM
30 Days	1.11%	2.79%
60 Days	2.13%	2.73%
90 Days	3.74%	4.82%
12 Months	25.88%	24.93%

14 Overlapping Holdings

Symbol	Grade	Weight in MOAT	Weight in FDWM	Overlap
ADBE	C	2.36%	1.32%	1.32%
AMZN	C	1.37%	2.56%	1.37%
CLX	B	1.44%	0.83%	0.83%
CRM	B	3.14%	1.62%	1.62%
DIS	B	2.69%	1.93%	1.93%
EL	F	1.56%	0.8%	0.8%
ETSY	D	0.91%	0.64%	0.64%
MSFT	F	1.21%	3.66%	1.21%
NKE	D	2.05%	0.37%	0.37%
NXPI	D	1.16%	1.16%	1.16%
OTIS	C	1.29%	0.71%	0.71%
SBUX	A	1.33%	0.55%	0.55%
UPS	C	1.24%	0.77%	0.77%
USB	A	2.78%	0.56%	0.56%

MOAT Overweight 39 Positions Relative to FDWM

Symbol	Grade	Weight
BMY	B	3.0%
GILD	C	2.97%
ADSK	A	2.94%
EMR	A	2.87%
MKTX	D	2.73%
BIO	D	2.72%
KVUE	A	2.69%
TRU	D	2.69%
MO	A	2.62%
VEEV	C	2.57%
ALLE	D	2.54%
CTVA	C	2.48%
ZBH	C	2.37%
CPB	D	2.29%
A	D	2.21%
PFE	D	2.1%
IFF	D	2.06%
BA	F	1.87%
HII	D	1.82%
FTNT	C	1.73%
SCHW	B	1.51%
WDAY	B	1.44%
WAT	B	1.4%
GOOGL	C	1.39%
IEX	B	1.39%
APD	A	1.36%
HON	B	1.35%
NOC	D	1.32%
CMCSA	B	1.3%
MAS	D	1.29%
RTX	C	1.25%
ROK	B	1.24%
KEYS	A	1.23%
EFX	F	1.2%
LRCX	F	1.17%
GEHC	F	1.14%
TMO	F	1.04%
MCHP	D	1.02%
TER	D	0.97%

MOAT Underweight 87 Positions Relative to FDWM

Symbol	Grade	Weight
AAPL	C	-4.35%
NVDA	C	-3.24%
GOOG	C	-2.61%
ACN	C	-2.03%
HOLX	D	-1.76%
PGR	A	-1.73%
CI	F	-1.69%
JPM	A	-1.5%
ANET	C	-1.41%
WSM	B	-1.4%
CDW	F	-1.23%
HUBS	A	-1.21%
AMD	F	-1.19%
VTR	C	-1.16%
CNC	D	-1.13%
BAC	A	-1.11%
PODD	C	-1.1%
MA	C	-1.09%
MRVL	B	-1.08%
BKR	B	-1.04%
HIG	B	-1.04%
NEE	D	-1.0%
ALNY	D	-1.0%
WEX	D	-0.99%
C	A	-0.98%
FSLR	F	-0.98%
GEV	B	-0.96%
NDAQ	A	-0.95%
ETN	A	-0.94%
LDOS	C	-0.94%
ULTA	F	-0.94%
GEN	B	-0.93%
MMC	B	-0.93%
ELV	F	-0.92%
TMHC	B	-0.92%
DE	A	-0.92%
PH	A	-0.87%
MU	D	-0.87%
INTU	C	-0.85%
FIS	C	-0.82%
ZTS	D	-0.78%
CBT	C	-0.78%
HLT	A	-0.78%
NSIT	F	-0.76%
PSA	D	-0.75%
FSS	B	-0.74%
SAIC	F	-0.71%
RRX	B	-0.7%
BALL	D	-0.69%
MRK	F	-0.68%
GSK	F	-0.67%
AR	B	-0.66%
NFLX	A	-0.66%
HBAN	A	-0.65%
EMN	D	-0.62%
ICLR	D	-0.61%
EXAS	D	-0.61%
BBY	D	-0.61%
VRTX	F	-0.59%
CE	F	-0.57%
OLED	D	-0.57%
SUM	B	-0.57%
OXY	D	-0.55%
PINS	D	-0.55%
LOW	D	-0.54%
DELL	C	-0.53%
EQT	B	-0.52%
NVT	B	-0.51%
TPR	B	-0.51%
ATI	D	-0.51%
HSY	F	-0.5%
BG	F	-0.47%
MAN	D	-0.47%
WRBY	B	-0.45%
MTN	C	-0.44%
VLTO	D	-0.42%
RUN	F	-0.36%
AMN	F	-0.36%
ARCB	C	-0.34%
ZLAB	C	-0.31%
PD	C	-0.29%
ELF	C	-0.28%
GAP	C	-0.24%
RDUS	C	-0.24%
SEDG	F	-0.21%
MLKN	D	-0.2%
SAGE	F	-0.08%