PINK vs. FMED ETF Comparison

Comparison of Simplify Health Care ETF (PINK) to Fidelity Disruptive Medicine ETF (FMED)

PINK

Simplify Health Care ETF

PINK Description

Simplify Exchange Traded Funds - Simplify Health Care ETF seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its assets (plus any borrowings for investment purposes) in securities of U.S. health care companies. The fund adviser defines health care companies as companies included in the Global Industry Classification Standard health care sector. The fund will typically invest in 50 – 100 health care companies. The adviser generally seeks investments in companies that are developing new and effective medicines, as well as companies whose business models reduce costs or improve quality in health care systems.

Grade (RS Rating)

Last Trade

$30.91

Average Daily Volume

116,648

Number of Holdings ^*

* may have additional holdings in another (foreign) market

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

$25.44

Average Daily Volume

4,762

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	PINK	FMED
30 Days	-3.36%	-1.34%
60 Days	-5.96%	-2.99%
90 Days	-6.16%	-1.48%
12 Months	24.32%	18.13%

14 Overlapping Holdings

Symbol	Grade	Weight in PINK	Weight in FMED	Overlap
AGL	F	0.28%	1.43%	0.28%
ARGX	A	0.55%	3.27%	0.55%
BSX	B	0.04%	6.26%	0.04%
DHR	F	0.24%	3.8%	0.24%
EXAS	D	0.83%	2.72%	0.83%
ISRG	A	4.75%	4.42%	4.42%
LLY	F	7.03%	1.78%	1.78%
MASI	A	0.01%	2.01%	0.01%
REGN	F	4.19%	3.26%	3.26%
SYK	C	0.27%	2.73%	0.27%
TMO	F	3.54%	1.87%	1.87%
TNDM	F	2.02%	1.0%	1.0%
UNH	C	4.94%	4.7%	4.7%
VEEV	C	0.28%	2.18%	0.28%

PINK Overweight 37 Positions Relative to FMED

Symbol	Grade	Weight
SRPT	D	10.02%
PCT	C	7.0%
SNY	F	4.89%
ZTS	D	4.86%
JNJ	D	4.56%
ABBV	D	3.88%
GILD	C	3.35%
CI	F	3.01%
CHWY	B	2.24%
MMM	D	2.24%
TFX	F	2.0%
MYGN	F	1.98%
ELV	F	1.89%
RVTY	F	1.29%
RPRX	D	1.11%
TUA	F	1.05%
IQV	D	0.95%
ITCI	C	0.94%
AVTR	F	0.91%
ABT	B	0.67%
AKRO	B	0.66%
THC	D	0.54%
FULC	F	0.52%
HCA	F	0.4%
ESTA	D	0.39%
SNDX	F	0.34%
LIVN	F	0.31%
BMRN	D	0.25%
TECH	D	0.25%
BIIB	F	0.19%
HSIC	B	0.18%
ZBH	C	0.16%
VLTO	D	0.03%
INSM	C	0.02%
BMY	B	0.02%
EMBC	C	0.01%
MRK	F	0.0%

PINK Underweight 38 Positions Relative to FMED

Symbol	Grade	Weight
PODD	C	-4.44%
ALNY	D	-2.9%
PEN	B	-2.64%
LFST	C	-2.41%
LEGN	F	-1.95%
EW	C	-1.95%
INSP	D	-1.92%
DXCM	D	-1.88%
PRCT	B	-1.65%
ZLAB	C	-1.54%
GKOS	B	-1.42%
RGEN	D	-1.34%
PRVA	B	-1.34%
KROS	D	-1.34%
JANX	C	-1.32%
RMD	C	-1.3%
CRNX	C	-1.23%
CYTK	F	-1.19%
XENE	D	-1.17%
DOCS	C	-1.14%
DYN	F	-1.13%
PCVX	D	-1.13%
BRKR	D	-1.12%
WST	C	-1.01%
PHR	F	-0.99%
CNC	D	-0.98%
ASND	D	-0.88%
VRTX	F	-0.84%
ALGN	D	-0.72%
TXG	F	-0.63%
NTRA	B	-0.56%
ACLX	C	-0.45%
DNLI	D	-0.45%
NRIX	D	-0.44%
IRTC	D	-0.44%
DAWN	F	-0.41%
BNTX	D	-0.4%
ANAB	F	-0.24%