SPAM vs. FDFF ETF Comparison

Comparison of Themes Cybersecurity ETF (SPAM) to Fidelity Disruptive Finance ETF (FDFF)

SPAM

Themes Cybersecurity ETF

SPAM Description

The index is designed to provide exposure to companies that have business operations in the cybersecurity industry. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$27.54

Average Daily Volume

509

Number of Holdings ^*

8

* may have additional holdings in another (foreign) market

FDFF

Fidelity Disruptive Finance ETF

FDFF Description

The fund normally invests at least 80% of assets in securities of disruptive finance 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

$29.83

Average Daily Volume

2,141

Number of Holdings ^*

7

* may have additional holdings in another (foreign) market

Performance

Period	SPAM	FDFF
30 Days	6.88%	0.06%
60 Days	3.07%	1.14%
90 Days	1.42%	-4.98%
12 Months		17.43%

0 Overlapping Holdings

	Symbol	Grade	Weight in SPAM	Weight in FDFF	Overlap

SPAM Overweight 8 Positions Relative to FDFF

	Symbol	Grade	Weight
	CACI	B	5.42%
	PANW	B	5.23%
	BAH	B	4.91%
	CRWD	A	4.81%
	ALRM	D	4.41%
	ZS	B	4.39%
	CHKP	A	4.37%
	VRNS	B	4.32%

SPAM Underweight 7 Positions Relative to FDFF

	Symbol	Grade	Weight
	V	D	-6.06%
	MA	D	-5.56%
	BLK	B	-5.42%
	BWIN	B	-5.09%
	COF	C	-4.84%
	EFX	B	-4.58%
	FLYW	F	-3.75%

SPAM: Top Represented Industries & Keywords

Industries: Software - Application Software - Infrastructure Business Services Information Technology Services

Keywords: Computer Security Cybersecurity Nasdaq 100 Computing Firewall Software Antivirus Software Computer Network Security Content Control Software Deep Learning Homeland Security Malware S&P 500 Security Management Security Management Solution Security Services Security Solution VPN Work From Home Actionable Intelligence Business Intelligence

FDFF: Top Represented Industries & Keywords

Industries: Credit Services Asset Management Business Services Information Technology Services Insurance Brokers

Keywords: S&P 500 Payment Systems Credit Card Debit Card Insurance Risk Management Telecommunications Advisory Services Alternative Investment Alternative Payments Bank Blackrock Cement Services Commercial Bank Commercial Banking Connectivity Services Credit Credit Bureau Credit Information Credit Score