PBW vs. FFSM ETF Comparison

Comparison of PowerShares WilderHill Clean Energy Portfolio (PBW) to Fidelity Fundamental Small-Mid Cap ETF (FFSM)

PBW

PowerShares WilderHill Clean Energy Portfolio

PBW Description

The PowerShares WilderHill Clean Energy Portfolio (Fund) is based on the WilderHill Clean Energy Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to deliver capital appreciation through the selection of companies that focus on greener and generally renewable sources of energy and technologies that facilitate cleaner energy. The Fund and the Index are rebalanced and reconstituted quarterly.

Grade (RS Rating)

Last Trade

$19.47

Average Daily Volume

333,093

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FFSM

Fidelity Fundamental Small-Mid Cap ETF

FFSM Description

FFSM discloses holdings only on a monthly basis with a 30-day lag. The fund actively selects global mid- and small-cap companies with both growth and value factors. The portfolio is selected using fundamental and quantitative analysis, considering factors such as issuer's financial health and industry position, as well as the overall economic condition. The fund has a Tracking Basket Structure in place, which acts as a proxy portfolio that includes some of the funds holdings from recent disclosure, significant portion of the funds holdings, and cash. This is designed to track the funds daily performance, facilitate arbitrage opportunities and help mitigate the risk of front-running. However, investors should note that its non-transparent structure could result in wider spreads. Before February 26, 2024, the fund traded as Fidelity Small-Mid Cap Opportunities ETF under the ticker FSMO.

Grade (RS Rating)

Last Trade

$28.16

Average Daily Volume

27,906

Number of Holdings ^*

171

* may have additional holdings in another (foreign) market

Performance

Period	PBW	FFSM
30 Days	-5.69%	0.43%
60 Days	-0.56%	1.88%
90 Days	1.00%	6.63%
12 Months	-26.59%	31.49%

1 Overlapping Holdings

	Symbol	Grade	Weight in PBW	Weight in FFSM	Overlap
	AEIS	B	1.65%	0.66%	0.66%

PBW Overweight 53 Positions Relative to FFSM

Symbol	Grade	Weight
SLI	C	2.53%
XPEV	C	2.24%
MYRG	C	2.09%
MP	B	2.06%
JKS	F	1.95%
AMSC	C	1.88%
TSLA	A	1.88%
LNZA	F	1.76%
ALB	C	1.76%
EOSE	D	1.75%
ORA	B	1.72%
ITRI	B	1.68%
PLPC	B	1.66%
ACHR	B	1.63%
ESE	A	1.61%
PWR	A	1.61%
ENVX	F	1.6%
SQM	D	1.54%
DAR	B	1.53%
ARRY	D	1.52%
NIO	F	1.52%
AMPS	C	1.52%
PLUG	F	1.5%
WOLF	F	1.5%
CSIQ	F	1.47%
BELFB	C	1.45%
REX	C	1.45%
CTVA	D	1.42%
FLNC	D	1.41%
JOBY	C	1.41%
BE	B	1.4%
SHLS	F	1.39%
THRM	F	1.32%
CHPT	F	1.31%
RIVN	F	1.3%
FSLR	D	1.29%
QS	F	1.29%
AMRC	F	1.28%
OLED	F	1.27%
MPWR	F	1.27%
SLDP	F	1.22%
WBX	F	1.17%
RNW	D	1.16%
FREY	B	1.08%
SEDG	F	1.04%
TPIC	F	0.99%
ENPH	F	0.89%
RUN	F	0.86%
PLL	C	0.76%
AMPX	C	0.68%
BLNK	F	0.54%
NOVA	F	0.46%
SOL	D	0.45%

PBW Underweight 170 Positions Relative to FFSM

Symbol	Grade	Weight
EME	B	-1.81%
UHS	D	-1.5%
FTI	A	-1.47%
TPX	A	-1.46%
ACGL	D	-1.45%
EXP	B	-1.44%
MUSA	A	-1.34%
NSIT	F	-1.33%
AR	B	-1.27%
BJ	B	-1.22%
FN	C	-1.22%
ITT	A	-1.2%
CROX	F	-1.17%
PFGC	B	-1.16%
USFD	B	-1.16%
VRT	A	-1.14%
SN	D	-1.11%
JLL	C	-1.1%
MOH	F	-1.1%
CACI	C	-1.06%
WHD	B	-1.01%
CR	B	-1.01%
RRX	B	-1.01%
ORI	A	-0.96%
SNX	C	-0.95%
DOX	D	-0.92%
AIZ	A	-0.91%
BOOT	C	-0.9%
TMDX	F	-0.9%
LNG	A	-0.9%
DFS	B	-0.89%
AIT	A	-0.88%
SNV	B	-0.88%
DKS	D	-0.84%
STX	D	-0.84%
AYI	B	-0.81%
TGLS	B	-0.81%
FAF	C	-0.77%
ALSN	A	-0.76%
BC	D	-0.76%
VTR	C	-0.76%
RGA	A	-0.76%
NXST	D	-0.75%
SF	A	-0.75%
PNFP	A	-0.73%
PCG	A	-0.72%
HLI	B	-0.71%
GPK	D	-0.71%
ACM	B	-0.66%
ASGN	F	-0.65%
AES	F	-0.65%
LPX	A	-0.65%
KBH	D	-0.64%
FCNCA	A	-0.63%
ON	F	-0.62%
BECN	A	-0.61%
MMS	D	-0.6%
CMC	B	-0.6%
FSS	B	-0.6%
LBRT	F	-0.59%
G	A	-0.59%
VNT	C	-0.59%
CBT	C	-0.59%
CADE	B	-0.59%
WBS	A	-0.57%
NOG	A	-0.57%
MEDP	D	-0.57%
MTSI	B	-0.57%
PRI	A	-0.56%
EPRT	C	-0.56%
HOLX	D	-0.56%
XPO	B	-0.56%
BCO	F	-0.56%
CHDN	C	-0.54%
ESI	B	-0.54%
CIEN	B	-0.53%
ASO	F	-0.53%
WTFC	A	-0.52%
CRL	D	-0.52%
CWK	B	-0.51%
RJF	A	-0.51%
PVH	C	-0.51%
HAYW	A	-0.51%
IESC	B	-0.51%
GMS	B	-0.51%
WIX	A	-0.5%
AFG	A	-0.49%
EBC	A	-0.49%
CTRE	D	-0.49%
EAT	A	-0.47%
CNM	C	-0.47%
KBR	D	-0.46%
BOKF	A	-0.46%
BLDR	D	-0.46%
TENB	D	-0.45%
OLN	F	-0.45%
PRCT	B	-0.44%
LITE	B	-0.44%
NOMD	D	-0.42%
AXTA	A	-0.42%
TEX	D	-0.42%
ARGX	B	-0.41%
COMP	B	-0.4%
LW	C	-0.4%
MASI	B	-0.39%
IP	A	-0.37%
CXT	D	-0.36%
CAH	A	-0.36%
GVA	A	-0.35%
RUSHA	B	-0.35%
AZZ	A	-0.34%
GTES	A	-0.33%
WFRD	F	-0.33%
PCVX	D	-0.32%
FLEX	B	-0.31%
AZEK	B	-0.3%
UPBD	C	-0.3%
ARCB	C	-0.3%
MTB	A	-0.3%
SKY	A	-0.3%
LEA	F	-0.3%
GRBK	D	-0.3%
CNXC	F	-0.29%
IBTX	B	-0.29%
FBP	B	-0.29%
LCII	D	-0.29%
DIOD	F	-0.27%
AMN	F	-0.27%
ALGM	F	-0.24%
LAUR	A	-0.24%
DOOO	F	-0.23%
PATK	C	-0.2%
CRNX	C	-0.19%
ACLX	C	-0.19%
RGEN	F	-0.19%
KFRC	D	-0.18%
CYTK	D	-0.18%
MDGL	C	-0.16%
NUVL	D	-0.16%
AAP	C	-0.15%
XPRO	F	-0.14%
MNDY	C	-0.14%
KROS	D	-0.13%
ELVN	C	-0.12%
VCEL	B	-0.12%
VRDN	C	-0.12%
OMI	F	-0.12%
AXSM	B	-0.11%
ANAB	F	-0.11%
CSTM	D	-0.11%
TYRA	F	-0.11%
COGT	D	-0.11%
LBPH	A	-0.1%
ICLR	F	-0.1%
CLDX	F	-0.1%
XENE	D	-0.09%
AUTL	F	-0.08%
TCBK	A	-0.08%
MRUS	D	-0.07%
PBH	A	-0.06%
ARVN	D	-0.04%
ATKR	C	-0.01%
FIBK	A	-0.01%
CC	C	-0.01%
LPLA	A	-0.01%
STLD	B	-0.01%
AME	A	-0.01%
ALXO	F	-0.0%
EWTX	C	-0.0%
ZNTL	D	-0.0%