XHE vs. FMED ETF Comparison

Comparison of SPDR S&P Health Care Equipment (XHE) to Fidelity Disruptive Medicine ETF (FMED)

XHE

SPDR S&P Health Care Equipment

XHE Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index derived from the health care equipment and supplies segment of a U.S. total market composite index. In seeking to track the performance of the S&P Health Care Equipment Select Industry Index (the "index"), the fund employs a replication strategy. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index. The index represents the health care equipment industry group of the S&P Total Market Index ("S&P TMI"). The fund is non-diversified.

Grade (RS Rating)

Last Trade

$88.70

Average Daily Volume

10,252

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

$25.74

Average Daily Volume

4,900

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	XHE	FMED
30 Days	0.61%	-1.11%
60 Days	-1.37%	-1.07%
90 Days	5.04%	3.68%
12 Months	27.60%	25.02%

15 Overlapping Holdings

Symbol	Grade	Weight in XHE	Weight in FMED	Overlap
ALGN	F	1.63%	0.71%	0.71%
BSX	C	1.87%	5.99%	1.87%
DXCM	C	1.97%	1.88%	1.88%
EW	D	1.88%	2.03%	1.88%
GKOS	B	1.89%	1.39%	1.39%
INSP	D	1.75%	2.09%	1.75%
IRTC	C	1.87%	0.39%	0.39%
ISRG	B	1.91%	4.27%	1.91%
MASI	A	2.29%	1.8%	1.8%
PEN	A	2.03%	2.39%	2.03%
PODD	A	1.86%	3.85%	1.86%
PRCT	A	1.51%	1.68%	1.51%
RMD	A	1.76%	1.35%	1.35%
SYK	A	1.78%	2.58%	1.78%
TNDM	F	1.32%	1.11%	1.11%

XHE Overweight 47 Positions Relative to FMED

Symbol	Grade	Weight
LIVN	C	2.0%
IART	C	1.99%
GMED	A	1.94%
LNTH	C	1.91%
SOLV	B	1.91%
GEHC	D	1.88%
AXNX	A	1.87%
BDX	C	1.87%
ATRC	A	1.86%
MDT	B	1.85%
HOLX	A	1.83%
ITGR	D	1.83%
HAE	F	1.83%
MMSI	B	1.83%
ABT	A	1.83%
ICUI	C	1.8%
ZBH	C	1.8%
NVST	A	1.8%
TFX	F	1.75%
NARI	A	1.73%
STAA	F	1.72%
XRAY	F	1.71%
STE	D	1.7%
BAX	F	1.69%
ENOV	C	1.67%
IDXX	F	1.66%
OMCL	B	1.66%
RXST	D	1.65%
UFPT	D	1.61%
NVCR	F	1.61%
NEOG	D	1.55%
LMAT	B	1.52%
CNMD	D	1.51%
ATEC	C	1.51%
TMDX	F	1.48%
SRDX	D	1.27%
VREX	C	0.96%
AORT	A	0.91%
ZIMV	D	0.61%
EMBC	C	0.59%
OFIX	A	0.58%
AVNS	F	0.57%
SIBN	D	0.56%
KIDS	D	0.53%
OSUR	F	0.45%
AXGN	B	0.42%
TCMD	A	0.37%

XHE Underweight 37 Positions Relative to FMED

Symbol	Grade	Weight
UNH	C	-4.41%
DHR	D	-3.86%
EXAS	A	-3.82%
REGN	F	-3.78%
ALNY	C	-3.12%
ARGX	A	-3.04%
LFST	C	-2.3%
LEGN	F	-2.21%
VEEV	B	-2.03%
TMO	D	-1.92%
AGL	F	-1.9%
LLY	F	-1.88%
ZLAB	B	-1.61%
JANX	A	-1.44%
KROS	A	-1.28%
PCVX	C	-1.26%
RGEN	D	-1.23%
BRKR	D	-1.18%
XENE	C	-1.18%
CRNX	B	-1.17%
PRVA	B	-1.16%
CYTK	F	-1.1%
CNC	D	-1.06%
DYN	F	-0.98%
WST	B	-0.93%
DOCS	A	-0.92%
ASND	F	-0.87%
PHR	F	-0.83%
VRTX	D	-0.82%
TXG	F	-0.7%
NTRA	B	-0.45%
BNTX	B	-0.42%
DNLI	C	-0.41%
ACLX	B	-0.39%
ANAB	F	-0.26%
NRIX	B	-0.19%
DAWN	A	-0.12%