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
$33.23
Average Daily Volume
115,749
50
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
$26.57
Average Daily Volume
5,191
10
Performance
Period | PINK | FMED |
---|---|---|
30 Days | 1.71% | 4.22% |
60 Days | 5.66% | 7.82% |
90 Days | 5.42% | 11.90% |
12 Months | 29.79% | 17.34% |
PINK Overweight 43 Positions Relative to FMED
Symbol | Grade | Weight | |
---|---|---|---|
SRPT | D | 10.52% | |
LLY | C | 6.49% | |
PCT | C | 5.78% | |
SNY | B | 4.96% | |
MRK | D | 4.11% | |
NVO | C | 3.7% | |
TMO | B | 3.57% | |
MMM | B | 3.14% | |
GILD | B | 3.1% | |
JNJ | C | 2.63% | |
NBIX | F | 2.28% | |
ELV | C | 1.97% | |
CI | C | 1.87% | |
HUM | F | 1.47% | |
FULC | F | 1.38% | |
RPRX | C | 1.12% | |
INSM | D | 1.06% | |
ITCI | D | 1.03% | |
TWST | D | 1.01% | |
IQV | C | 1.0% | |
RARE | B | 0.98% | |
AVTR | B | 0.96% | |
NTRA | C | 0.91% | |
ASND | C | 0.84% | |
AKRO | C | 0.63% | |
ABT | C | 0.63% | |
THC | A | 0.5% | |
AGL | F | 0.49% | |
SNDX | F | 0.41% | |
ESTA | D | 0.41% | |
HCA | B | 0.36% | |
LIVN | D | 0.3% | |
BMRN | F | 0.3% | |
VEEV | C | 0.26% | |
TECH | C | 0.26% | |
SYK | C | 0.25% | |
BIIB | F | 0.22% | |
HSIC | C | 0.18% | |
ZBH | F | 0.16% | |
VLTO | C | 0.03% | |
EMBC | C | 0.02% | |
BMY | C | 0.02% | |
MASI | F | 0.01% |
PINK: Top Represented Industries & Keywords
FMED: Top Represented Industries & Keywords