DDIV vs. FCLD ETF Comparison

Comparison of First Trust Dorsey Wright Momentum & Dividend ETF (DDIV) to Fidelity Cloud Computing ETF (FCLD)
DDIV

First Trust Dorsey Wright Momentum & Dividend ETF

DDIV Description

The First Trust Dorsey Wright Momentum & Dividend ETF, formerly the First Trust RBA Quality Income ETF, seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the Dorsey Wright Momentum Plus Dividend Yield Index (the "Index"). Under normal conditions, the Fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and was developed by Nasdaq, Inc. (the "Index Provider"). The Dorsey Wright Momentum Plus Dividend Yield Index is a rules-based equity index that is designed to track the overall performance of the 50 highest dividend yielding stocks within the NASDAQ US Large Mid Cap Index that maintain high levels of relative strength. To construct the index, Dorsey, Wright & Associates (DWA) begins with the eligible constituents of the NASDAQ US Large Mid Cap Index. These eligible constituents are determined after meeting certain criteria, including maintaining a minimum average daily dollar volume of $1 million for the 30-day period prior to evaluation. Each security is assigned a relative strength score based on its forward price momentum compared to the momentum of a broad market benchmark index. Securities that exhibit a minimum level of relative strength are eligible for inclusion in the index. Eligible securities are then ranked based upon their current dividend yield, and the top 50 securities with the highest dividend yield are selected for inclusion in the index. The securities are then weighted, with greater weights given to securities with higher dividend yields. The index is reconstituted and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$33.71

Average Daily Volume

11,082

Number of Holdings *

50

* may have additional holdings in another (foreign) market
FCLD

Fidelity Cloud Computing ETF

FCLD Description The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Cloud Computing Index. Normally investing at least 80% of assets in securities included in the Fidelity Cloud Computing Index and in depositary receipts representing securities included in the index. The Fidelity Cloud Computing Index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that provide products or services enabling the increased adoption of cloud computing, characterized by the delivery of computing services over the internet

Grade (RS Rating)

Last Trade

$23.79

Average Daily Volume

25,067

Number of Holdings *

45

* may have additional holdings in another (foreign) market
Performance
Period DDIV FCLD
30 Days 1.56% -3.76%
60 Days 4.19% -5.01%
90 Days 12.13% -0.31%
12 Months 27.91% 43.51%
2 Overlapping Holdings
Symbol Grade Weight in DDIV Weight in FCLD Overlap
NTAP B 1.29% 2.72% 1.29%
STX C 2.66% 2.15% 2.15%
DDIV Overweight 48 Positions Relative to FCLD
Symbol Grade Weight
OMF B 5.4%
STWD C 5.36%
SPG D 4.12%
OKE A 3.93%
LAMR A 3.7%
CRBG B 3.14%
ORI A 3.05%
RHP D 2.78%
IRM C 2.72%
IBM D 2.62%
DRI F 2.6%
TPR D 2.53%
HRB A 2.5%
ARES A 2.47%
WELL A 2.45%
OWL B 2.33%
CG D 2.21%
PKG D 2.16%
PSX D 2.11%
GPS D 2.09%
WSO A 2.07%
SSB C 1.96%
BX C 1.93%
AFL A 1.81%
JPM A 1.66%
VLO D 1.65%
NRG A 1.65%
ALL B 1.58%
GRMN A 1.49%
ITW D 1.43%
DKS D 1.43%
KR C 1.4%
AIG A 1.29%
RGA A 1.21%
FAST D 1.18%
CAH F 1.08%
TRV D 1.06%
RL D 1.04%
FANG B 1.01%
TRGP C 0.97%
TXRH A 0.94%
HLI A 0.92%
CE D 0.91%
COF B 0.87%
PBF F 0.83%
RPM D 0.82%
NXPI A 0.82%
AVGO C 0.76%
DDIV Underweight 43 Positions Relative to FCLD
Symbol Grade Weight
ORCL D -5.05%
MSFT C -4.88%
INTU D -4.64%
CRM D -4.36%
NOW D -4.32%
DLR D -2.95%
SNOW F -2.92%
EQIX D -2.9%
WDAY F -2.83%
DDOG D -2.8%
SMCI D -2.79%
WDC B -2.78%
HUBS D -2.66%
HPE D -2.57%
MSTR D -2.46%
TEAM D -2.36%
MDB F -2.2%
NTNX A -2.17%
PSTG C -2.16%
TWLO D -1.99%
ZM D -1.94%
XRX D -1.93%
DT D -1.84%
DAY D -1.57%
CVLT A -1.56%
DBX F -1.53%
ESTC B -1.51%
PATH F -1.51%
CFLT D -1.4%
BOX D -1.35%
TDC F -1.32%
FIVN F -1.27%
GTLB F -1.2%
FROG D -1.19%
PEGA D -1.12%
RNG C -1.09%
VRNT C -1.07%
DOCN D -0.97%
VERX C -0.88%
AI F -0.86%
INFA D -0.85%
SWI C -0.71%
FSLY F -0.63%
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